secwatch.observer — SEC 8-K summary
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Issuer:     Authentic Holdings, Inc. (AHRO)
CIK:        0001338929
Form:       8-K
Filed at:   2025-03-14T23:59:59+00:00
Accession:  0001477932-25-001689
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 3.02, 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Authentic Holdings converts $2M insider debt to equity; Series E Preferred can become 55% of common
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- President Giordano and CEO Serbiak converted $2M aggregate debt into Series E Preferred, common shares, and secured notes.
- Giordano: $1.5M debt for 50,910 Series E shares, 350M common shares, and $227,209 secured note.
- Serbiak: $500K debt for 29,090 Series E shares, 35M common shares, and $22,702 secured note.
- Series E Preferred has no voting rights, $25 liquidation preference, and converts to 55% of common upon uplist and $1M net income.
- All shares issued in unregistered exempt transaction; security holder rights materially modified.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1338929/000147793225001689/0001477932-25-001689-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1338929/000147793225001689/ahro_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-25-001689

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