M&A
confidence high
sentiment positive
materiality 0.65
Authentic Holdings, Inc. (AHRO): M&A transaction — Authentic Holdings closes asset purchase of film/TV library; creates Series F Preferred
Authentic Holdings, Inc.
- On April 29, 2025, closed Asset Purchase Agreement with Goliath Motion Picture Promotions to acquire full-length motion pictures and serial TV shows.
- Seller exchanged 100,000 Series D Preferred shares for 100,000 newly created Series F Preferred shares with stated value $110/share.
- Series F Preferred: no dividends unless declared, no voting except on rights changes, liquidation preference over common/Series B/C, convertible after 3 years at prior day's OTC close.
- Subsidiary Maybacks Global Entertainment to market acquired content; has ad rev-share partnerships with Whale TV (41M homes) and LIME X (100M downloads).
- In final negotiations with Hisense Group for additional Vast Tag ad partnership; expects to launch ad programs with Whale TV and LIME X in early May 2025.