Amaze Holdings (AMZE) Registration filing summary

Company overview and business model

• Completed acquisition of a digital commerce platform, pivoting to a creator-focused e-commerce and wine business.

• Operates two segments: E-commerce/Subscriptions (creator commerce platform) and Wine Products (premium, low-carb wines).

• E-commerce platform integrates with major social platforms, offers asset-light, on-demand production, and supports global creator monetization.

• Wine segment distributes seven varietals through wholesale and direct-to-consumer channels, focusing on the affordable luxury and “better-for-you” market.

• Asset-light model leverages third-party suppliers for both e-commerce and wine, reducing capital requirements and supply chain risks.

Financial performance and metrics

• Reported net losses of $2.5 million (2024) and $10.6 million (2023); accumulated deficit of $31.3 million as of March 31, 2025.

• As of May 31, 2025, notes payable and other indebtedness totaled $7.4 million, with $5.1 million secured by assets.

• Substantial doubt exists about ability to continue as a going concern due to history of losses and negative cash flows.

• Revenue growth and financial performance have fluctuated, with ongoing investments in technology, marketing, and compliance.

Use of proceeds and capital allocation

• May receive up to $35 million in gross proceeds from equity line; actual proceeds depend on share price and volume sold.

• Net proceeds intended for working capital, general corporate purposes, and potential acquisitions or investments; no current material commitments.

• Management retains broad discretion over use of proceeds.