SEC Filing Document

Company: Ambitious Entertainment, Inc.
Ticker: 
CIK: 1900851
Filing Type: S-1
Document Type: S-1
Date Filed: 2026-05-15
Accession Number: 0001493152-26-023581
Exchange: 
SIC Code: 7812
SIC Description: Services-Motion Picture & Video Tape Production
URL: https://www.sec.gov/Archives/edgar/data/1900851/000149315226023581/forms-1.htm

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any Representative’s Warrants. RISK FACTORS investment in shares of our common stock involves a high degree of risk. You should carefully consider the following risks and all other information contained in this prospectus before deciding whether to invest in our common stock. If any of the following risks are realized, our business, financial condition and results of operations could be materially and adversely affected. In that event, the trading price of the shares of our common stock could decline, and you could lose all or part of your investment. Some statements in this prospectus, including such statements in the following risk factors, constitute forward-looking statements. See the section entitled “Special Note Regarding Forward-Looking Statements”. Risks Related to Our Company Our independent registered public accounting firm has expressed substantial doubt about our ability to continue as a going concern, and we may not be able to continue operations without additional financing.

Our
financial statements include an explanatory paragraph from our independent registered public accounting firm expressing substantial doubt
about our ability to continue as a going concern. We have incurred significant operating losses since inception and expect to continue
to incur losses for the foreseeable future. As of December 31, 2025, we had an accumulated deficit of $14,619,181. We expect
that our existing cash resources will not be sufficient to fund our operations for the next 12 months. We will need to obtain additional
financing to fund our operations and execute our business strategy. There is no assurance that such financing will be available to us
on favorable terms, or at all. If we are unable to obtain adequate financing or generate sufficient revenue, we may be forced to significantly
curtail or cease operations, which would materially and adversely affect our business, financial condition, and results of operations
and could cause investors to lose their entire investment.

Our
limited operating history makes it difficult to evaluate our business and prospects and may increase the risks associated with your investment.

commenced operations in September 2020 and, as a result, have a limited operating history upon which our business and future prospects
may be evaluated. Our historical results may not be indicative of, and could differ substantially from, the results we achieve in the
future, and we cannot assure you that we will achieve profitability or sustain growth. Despite the experience and track record of our
management team in the entertainment industry, historical results are not indicative of, and may be substantially different from, the
results we achieve in the future. The entertainment industry is highly competitive and subject to significant volatility, rapid changes
in consumer preferences, evolving distribution models, technological developments, and fluctuations in demand for entertainment content.
In addition, factors such as the performance and acceptance of individual projects, changes in relationships with distribution partners,
shifts in the competitive landscape, and broader economic conditions may materially affect our operating results. As a result, our future
results may differ materially from our historical performance or management’s current expectations, and investors should not rely
on the past experience of our management team as an assurance of our future success.

may not be able to operate our business successfully
or implement our strategies as planned. We have encountered and will continue to encounter risks and challenges commonly faced
by growing companies in such industries. Additionally, our results may be affected by broader economic conditions, evolving
regulations, and technological changes. If we are unable to address these challenges successfully, our business, revenue,
and operating results may suffer, and we may not be able to achieve further growth or sustain profitability.

The
loss of key personnel or the inability of replacements to quickly and successfully perform in their new roles could adversely affect
our business.

depend on the leadership and experience of our relatively small number of key executive management personnel, particularly our Chief
Executive Officer, Kirk E. Shaw; Chief Operating Officer, Chris Philip; and Executive Producer, George Furla, as well as our other
highly skilled personnel. The loss of the services of these key executives, executive management members or other highly skilled personnel
could have a material adverse effect on our business and prospects, as we may not be able to find suitable individuals to replace such
personnel on a timely basis or without incurring increased costs, or at all. Furthermore, if we lose or terminate the services of one
or more of our key employees or if one or more of our current or former executives or key employees join a competitor or otherwise
compete with us, it could impair our business and our ability to successfully implement our business plan. Additionally, if we
are unable to hire qualified replacements for our executive and other key positions in a timely fashion, our ability to execute our business
plan would be harmed. Even if we can quickly hire qualified replacements, we would expect to experience operational disruptions and inefficiencies
during any transition. We believe that our future success will depend on our continued ability to attract and retain highly skilled and
qualified personnel. There is a high level of competition for experienced, successful personnel in our industry. Our inability to meet
our executive staffing requirements in the future could impair our growth and harm our business. We do not maintain “key person”
life insurance on any of our executive officers or other key employees. As a result, the loss of one or more
members of our senior management team could adversely affect our operations, strategic direction, and ability to execute our business
plan. While we may consider obtaining key person insurance in the future, there can be no assurance that such coverage will be available
on commercially reasonable terms or at all.

Our
management team has limited experience managing a public company.

The
members of our management team have limited or no experience managing a publicly traded company, interacting with public company investors,
and complying with the increasingly complex laws, rules and regulations that govern public companies. Our board of directors will contain
several members with strong public company experience. There are significant obligations we will be subject to as a public company relating
to reporting, procedures and internal controls, and our management team may not successfully or efficiently manage our transition to
being a public company. These new obligations and scrutiny will require significant attention from our management and could divert their
attention away from the day-to-day management of our business, which could adversely affect our business, financial condition and operating
results.

Our
IP content packaging business requires minimal investment of capital ranging from $20,000 to $50,000. However, failure to complete
a sale into the market will have adverse effects on the results of operation for the individual project’s development investment.

The
production, acquisition and distribution of film or digital media content require a significant amount of capital. Our business model
is based on developing and then selling a completed package including creative, Director, lead cast and writers/showrunners attached.
Although the production budgets for our sold IP projects will require up to $50 million to produce, these production funds come from
the streaming site or studio purchaser of our content, not from Ambitious.

may not be able to compete with larger studios such as Sony, Warner Brothers and Paramount the majority of whom have greater
resources than we currently have.

an IP development company, we both compete with and, in some cases, collaborate with major U.S. and international entertainment companies
that have significantly greater financial, marketing, and operational resources than we do. Many of these larger competitors have established
relationships with a broad base of creative talent, deeper access to capital, longer operating histories, more extensive industry connections,
deeper libraries, and greater bargaining power in securing rights, talent, and other IP. These advantages may allow them to outbid us
for desirable IP, ideas, storylines, and scripts or to offer more attractive terms to creators and talent than we can, which could materially
and adversely affect our ability to outbid in order to secure high-quality IP and talent and thereby negatively impact our business,
results of operations, and financial condition.

While
we believe we have competitive advantages, including our ability to creatively finance and access emerging marketing power, we cannot
assure you that these advantages will enable us to compete effectively against larger, well-established agencies or that we will be able
to maintain or grow our share of desirable IP or talent.

Our
IP content creation business is dependent upon the success of six to eight film releases, two to three series, to theatrical,
linear and digital media streaming sites in any one year and the unexpected commercial failure of any one of them could have a material
adverse effect on our financial results and cash flows. Ninety percent of our revenue will be derived from IP content creation.