Ambitious Entertainment has submitted paperwork to list on the NYSE American, proposing an offering of 4 million shares of common stock with a proposed price range of $4.00 to $5.00 per share. If sold at the top of that range, the company would raise as much as $20 million in gross proceeds.
The company says the proceeds would support its strategic pivot into an owner-producer role that emphasizes content driven by social media influencers and production processes supported by artificial intelligence tools. Ambitious Entertainment described this approach as central to its plan to combine influencer reach with conventional distribution channels.
Financial snapshot
Ambitious Entertainment reported revenue of $1.23 million for 2025, a decline of 87% compared with 2024. The company recorded a net loss of $1.81 million in 2025, up from a net loss of $1.29 million in 2024. On its balance sheet, the company reported negative working capital of $14.39 million as of Dec. 31.
Management, structure and recent transactions
Revere Securities is named as the sole bookrunner for the proposed offering. Kirk Shaw serves as the company’s chief executive officer and held a 1.97% ownership stake prior to the offering. The entity was incorporated in Nevada in September 2020. The filing notes that Shaw has been involved in ventures that produced more than 250 feature films.
Following the planned public offering, Ambitious Entertainment intends to produce a feature film titled "Cancel Me," developed in partnership with influencer Adam Rose, who is cited as having 24 million followers across social platforms. The company said the project will be distributed through a mix of theatrical release, streaming platforms and electronic sell-through channels, reflecting its strategy to marry influencer audiences with traditional film distribution.
Recent financing and joint venture activity
On Jan. 5, 2026, Ambitious Entertainment formed A&G Entertainment Limited as a joint venture with Gamma Interactive Inc., acquiring 55% of the Hong Kong corporation. In April 2026 the company secured $96,000 in cash through bridge financing and converted $320,000 of outstanding debt into preferred stock units.
The filing lays out the company’s financing needs and strategic direction but also highlights recent operating declines and a stretched working capital position as it seeks public financing to support its content production and distribution ambitions.