Apple iSports Group (AAPI) contract with Lucky Bet terminated by partner

Rhea-AI Filing Summary

Apple iSports Group, Inc. reported that its agreement with LBC Enterprises PTY LTD, known as “Lucky Bet,” has been terminated. Lucky Bet informed the company on February 10, 2026 that it ended the agreement after the parties were unable to agree on certain key terms and cited additional allegations regarding the agreement. The company had previously issued a press release about entering this agreement on July 25, 2025, and now formally discloses that the material definitive agreement is no longer in effect.

Insights

Equity & corporate events analyst

Apple iSports discloses termination of its Lucky Bet agreement.

The company states that LBC Enterprises PTY LTD (“Lucky Bet”) terminated a previously announced material agreement on February 10, 2026. The reason given is failure to agree on certain key terms, along with additional allegations regarding the agreement.

This ends a relationship the company had highlighted in a July 25, 2025 press release. The filing does not quantify any financial impact, timing of replacement arrangements, or related costs, so the effect on revenue or profitability cannot be assessed from this disclosure alone.

The development may shift expectations that were tied to the Lucky Bet arrangement, but concrete implications will depend on whether Apple iSports Group, Inc. secures alternative partnerships or business initiatives, which would be addressed in future company communications or periodic reports.

8-K Event Classification

Item 1.02 — Termination of a Material Definitive Agreement

1 item

Item 1.02 Termination of a Material Definitive Agreement Business

A significant contract was terminated, which may affect business operations or revenue.

Understanding 8-K Material Events →

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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) February 10, 2026

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))

Securities Registered under Section 12(b) of the Exchange Act: None

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 1.02. Termination Of A Material Definitive Agreement.

On July 25, 2025, the Company issued Press Release regarding the entering into an agreement with LBC Enterprises PTY LTD (“Lucky Bet”).

On February 10, 2026, Lucky Bet informed the Company that it had terminated the referenced agreement due to the inability of the parties to reach an agreement on certain key terms of the agreement as well as certain other allegations regarding the agreement.

2

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: February 11, 2026	By:	/s/ Joe Martinez
		Joe Martinez Chief Executive Officer

3

FAQ

What did Apple iSports Group, Inc. (AAPI) disclose in this 8-K filing?

Apple iSports Group, Inc. disclosed that its material definitive agreement with LBC Enterprises PTY LTD, known as “Lucky Bet,” has been terminated. The partner ended the agreement after the parties could not agree on key terms and raised additional allegations about the agreement.

Who terminated the Apple iSports Group (AAPI) agreement and when did it occur?

LBC Enterprises PTY LTD, referred to as “Lucky Bet,” terminated the agreement with Apple iSports Group, Inc. on February 10, 2026. Apple iSports reports that Lucky Bet notified the company of this decision and cited unresolved key terms and other allegations regarding the agreement.

What reasons were given for ending Apple iSports Group’s (AAPI) Lucky Bet agreement?

Lucky Bet ended the agreement because the parties were unable to reach agreement on certain key terms and referenced additional allegations regarding the agreement. The filing does not elaborate on those terms or allegations, focusing instead on formally recording the termination of this material contract.

When was the original Apple iSports Group (AAPI) Lucky Bet agreement announced?

Apple iSports Group, Inc. previously announced entering into the agreement with LBC Enterprises PTY LTD (“Lucky Bet”) in a press release dated July 25, 2025. The current disclosure updates investors by confirming that this material definitive agreement is no longer in effect as of February 10, 2026.

Does Apple iSports Group’s (AAPI) 8-K quantify the financial impact of the termination?

The 8-K does not provide financial figures related to the termination of the Lucky Bet agreement. It focuses on the fact of termination, the counterparty involved, and the stated reasons, without detailing revenue effects, penalties, or replacement arrangements linked to this contract.

What section of the rules does Apple iSports Group (AAPI) cite for this disclosure?

Apple iSports Group, Inc. reports this event under the “Termination of a Material Definitive Agreement” item. This signals that the Lucky Bet contract was considered important enough to require prompt disclosure when it was ended by the counterparty on February 10, 2026.

Filing Exhibits & Attachments

5 documents

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA 4.9 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE 13.4 KB
• EX-101 XBRL TAXONOMY EXTENSION CALCULATION LINKBASE 898 B
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE 8.4 KB
• EX-101 XBRL TAXONOMY EXTENSION DEFINITION LINKBASE 2.0 KB