---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-23-002965"
form_type: "8-K"
ticker: "AHRO"
cik: "0001338929"
company_name: "Authentic Holdings, Inc."
filed_at: "2023-04-28T23:59:59+00:00"
generated_at: "2026-06-16T06:19:10.808899+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "medium"
source: SEC EDGAR
---

# Authentic Holdings acquires Maybacks Global Entertainment, issues 100K Series C Preferred shares

## Summary
- Acquired Maybacks Global Entertainment LLC, an OTA and platform TV network with 25 channels, as wholly-owned subsidiary.
- Purchase price: 100,000 shares of newly created Series C Preferred Stock, convertible into common stock upon milestones.
- Series C conversion triggers: 2-year anniversary (25%), 40 channels (50%), first $250K net ad revenue (2.5%), subsequent $250K increments (2.5% each).
- Maybacks generates revenue through ad placements, revenue share, channel access fees; has agreements with Local Now and others.
- Risk: competes with larger firms like DISH's Sling TV, lacking financial resources.

## SEC filing metadata
- accession: 0001477932-23-002965
- form_type: 8-K
- ticker: AHRO
- cik: 0001338929
- company_name: Authentic Holdings, Inc.
- filed_at: 2023-04-28T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: medium
- sec_items: 1.01, 2.01, 3.03, 3.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1338929/000147793223002965/0001477932-23-002965-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1338929/000147793223002965/ahro_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-23-002965
- JSON: https://secwatch.observer/filing/0001477932-23-002965.json
- Plain text: https://secwatch.observer/filing/0001477932-23-002965.txt

## Key facts
- Governance Changes
  Authentic Holdings, Inc.: Board of Directors created Series C Preferred Stock, filed Certificate of Designation with Nevada Secretary of State (effective 2023-04-27).
  - Change: charter amendment
  - Effective: 2023-04-27
  source text: On April 26, 2023, our Board of Directors created, out of our available shares of preferred stock, par value $0.001 per share, a series of preferred stock known as "Series C Preferred Stock" consisting of 100,000 shares.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1338929/000147793223002965/0001477932-23-002965-index.htm
- M&A Transactions
  Authentic Holdings, Inc. completed an acquisition involving Maybacks Global Entertainment LLC (closed 2023-04-26).
  - Action: acquisition
  - Counterparty: Maybacks Global Entertainment LLC
  - Closing: 2023-04-26
  source text: On April 26, 2023, Authentic Holdings, Inc. (the “Company”), entered into a Membership Interest Purchase Agreement (the “Purchase Agreement”) with Maybacks Global Entertainment LLC, an Arizona limited liability company (“Maybacks”), and the members of Maybacks. As a result of the transaction, Maybacks became a wholly-owned subsidiary of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1338929/000147793223002965/0001477932-23-002965-index.htm
- Material Agreements
  Authentic Holdings, Inc. entered into Membership Interest Purchase Agreement with Maybacks Global Entertainment LLC (effective 2023-04-26).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: Maybacks Global Entertainment LLC
  - Effective: 2023-04-26
  source text: On April 26, 2023, Authentic Holdings, Inc. (the “Company”), entered into a Membership Interest Purchase Agreement (the “Purchase Agreement”) with Maybacks Global Entertainment LLC, an Arizona limited liability company (“Maybacks”), and the members of Maybacks.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1338929/000147793223002965/0001477932-23-002965-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.