Ambitious Entertainment, which produces AI-integrated film and TV content through online influencer partnerships, raised the proposed deal size for its upcoming IPO on Monday.
The Vancouver, Canada-based company now plans to raise $18 million by offering 4 million shares at a price range of $4 to $5. The company had previously filed to offer 3.6 million shares at the same range. At the midpoint of the revised deal size, Ambitious Entertainment will raise 12% more in proceeds than previously anticipated and command a fully diluted market value of $104 million.
Ambitious Entertainment is a media company focused on developing film and television content that incorporates online creators, established industry talent, and emerging digital production tools. It aims to bring projects from development to distribution by partnering with influencers, writers, and directors while targeting global audiences and early-stage monetization. Ambitious Entertainment states that it intends to use AI technology in its future content.
Ambitious Entertainment was founded in 2020 and booked $1 million in revenue for the 12 months ended December 31, 2025. It plans to list on the NYSE American although it has not yet selected a symbol (RC ticker: AMNT.RC). Revere Securities is the sole bookrunner on the deal.
