Apple iSports Group (AAPI) removes COO as operations move from Australia to U.S.

Rhea-AI Filing Summary

Apple iSports Group, Inc. reports that on December 31, 2025 it terminated Lee Seltzer from his role as Chief Operating Officer and as an employee of its Australian second-tier subsidiary. The change is tied to the company’s decision to move its operations from Australia to the United States, effective the same date, signaling a shift of its operational base to the U.S.

Following his termination, Mr. Seltzer made a demand on the company for approximately $100,000, which he states is owed under his employment agreement with the Australian subsidiary. The company states that it is currently assessing the propriety of this demand, indicating that any obligation or resolution has not yet been determined.

Insights

Corporate governance and disclosure analyst

Apple iSports reports COO termination tied to U.S. relocation and a disputed $100,000 demand.

Apple iSports Group, Inc. discloses that it ended the employment of its Chief Operating Officer, Lee Seltzer, on December 31, 2025, in connection with shifting operations from Australia to the United States. This combines a leadership change with a geographic realignment of operations, which often reflects a strategic or cost-driven restructuring, though no specific rationale is detailed.

After termination, Mr. Seltzer demanded approximately $100,000, claimed under his employment agreement with the Australian subsidiary. The company indicates it is assessing the propriety of this demand, so there is no confirmed liability or outcome in the excerpt. From an investor perspective, the dollar amount appears modest and the strategic impact depends on how smoothly the operational move and leadership transition proceed, which will be clearer in subsequent company disclosures.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549 

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) December 31, 2025

APPLE iSPORTS GROUP, INC.

(Exact name of registrant as specified in its charter)

Nevada		000-32389		88-0126444
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

100 Spectrum Center, Suite 900 Irvine, California		92612
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code: (949) 247-4210

(Former name or former address, if changed since the last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☒

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 31, 2025, the Company terminated Lee Seltzer as Chief Operating Officer of the Company and in his capacity as an employee of the Company’s Australian (second-tier) subsidiary. This event is in connection with the Company’s decision to move its operations from Australia to the United States, which occurred effective as of that same date.

In connection with the termination, on this date, Mr. Seltzer made a demand on the Company for the sum of approximately $100,000, which he asserts is due under his employment agreement with the Australian subsidiary. At this time, the Company is assessing the propriety of these demands.

***

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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Apple iSports Group, Inc. (Registrant)
Date: January 8, 2026	By:	/s/ Joe Martinez
		Joe Martinez Chief Executive Officer

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FAQ

What executive change did Apple iSports Group (AAPI) disclose?

Apple iSports Group, Inc. disclosed that it terminated Lee Seltzer as its Chief Operating Officer on December 31, 2025. His role as an employee of the company’s Australian second-tier subsidiary also ended on that date.

Why was the Apple iSports Group (AAPI) COO terminated?

The termination of Chief Operating Officer Lee Seltzer was described as being in connection with Apple iSports Group’s decision to move its operations from Australia to the United States, effective December 31, 2025.

What demand did former COO Lee Seltzer make against Apple iSports Group (AAPI)?

In connection with his termination, Lee Seltzer made a demand for approximately $100,000, which he asserts is due under his employment agreement with the company’s Australian subsidiary.

How is Apple iSports Group (AAPI) responding to the $100,000 demand?

Apple iSports Group states that it is currently assessing the propriety of Mr. Seltzer’s approximately $100,000 demand. The company does not state in the excerpt that it has accepted or rejected the claimed amount.

What operational change did Apple iSports Group (AAPI) report in this filing?

The company reported a decision to move its operations from Australia to the United States, effective December 31, 2025. The COO termination is described as being in connection with this move.

Who signed the Apple iSports Group (AAPI) report related to the COO termination?

The report was signed on behalf of Apple iSports Group, Inc. by Joe Martinez, who is identified as the company’s Chief Executive Officer.