Compare · side by side

Separated letters vs. true A/H ligature

01 · separated
two independent letterforms with a gap
02 · ligature
one unified glyph — A's right leg is H's left leg
Motion · 8s loop

The full choreography

loop · 8s
annexholdings

Look at the shared vertical stroke in pane 02 — it has an ink-to-amber gradient. It belongs to both letters simultaneously. That's the real difference between "two letters touching" and a true A/H ligature.