Extracted from this filing and checked against the source text.
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
Authentic Holdings, Inc.: Amended and restated Certificate of Designation for Series B Preferred Stock to reduce authorized shares to 400,000, revise liquidation preference to parity with common and Series C, and remove dividend rights except as declared by board; created Series D Preferred Stock with 100,000 shares, no divi (effective 2023-06-20).
- Change
- charter amendment
- Effective
- 2023-06-20
Exact text from the filing
On June 20, 2023, the Board of Director and the outstanding shareholders of the Series B Preferred Stock consented to amend and restate the Certificate of Designation for the Series B Preferred Stock, par value $0.001 per share, to (i) reduce the number of authorized preferred stock designated to the Series B Preferred Stock to 400,000 shares, (ii) revise the liquidation preference of the Series B Preferred Stock from a preferred payout to a parity payout in any liquidation with the common stock and Series C Preferred Stock of the Company, and (iii) to change the language with respect to dividends, such that the Series B Preferred Stock shall have no dividend rights except as may be declared by the Board in its sole and absolute discretion, out of funds legally available for that purpose. On June 20, 2023, the Board of Directors created, out of the available shares of preferred stock, par value $0.001 per share, a series of preferred stock known as “Series D Preferred Stock” consisting
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M&A Transactions
SEC 8-K Item 2.01/5.01
confidence 0.9
Authentic Holdings, Inc. completed an acquisition involving Goliath Motion Picture Promotions owned by Priscella Cooper (closed 2023-06-20).
- Action
- acquisition
- Counterparty
- Goliath Motion Picture Promotions owned by Priscella Cooper
- Closing
- 2023-06-20
Exact text from the filing
On June 20, 2023, Authentic Holdings, Inc. (the “Company”), closed an Asset Purchase Agreement (the “Purchase Agreement”) with Goliath Motion Picture Promotions owned by Priscella Cooper (the “Seller”).
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Authentic Holdings, Inc. entered into Purchase Agreement with Goliath Motion Picture Promotions owned by Priscella Cooper (effective 2023-06-20).
- Action
- entry
- Agreement
- asset purchase
- Counterparty
- Goliath Motion Picture Promotions owned by Priscella Cooper
- Effective
- 2023-06-20
Exact text from the filing
On June 20, 2023, Authentic Holdings, Inc. (the “Company”), closed an Asset Purchase Agreement (the “Purchase Agreement”) with Goliath Motion Picture Promotions owned by Priscella Cooper (the “Seller”).
View on SEC.gov