Agassi Sports (OTC: AASP) seeks Nasdaq Capital Market uplisting
Rhea-AI Filing Summary
Agassi Sports Entertainment Corp. has submitted an application to list its common stock on the Nasdaq Capital Market. The company currently trades over the counter under the symbol AASP and has applied to list its shares on Nasdaq under the symbol AASE, subject to Nasdaq approval and meeting all quantitative and qualitative listing requirements.
The company states that a potential Nasdaq listing is part of a broader capital markets strategy aimed at increasing visibility, improving trading liquidity, expanding access to institutional capital, and supporting long-term shareholder value. There is no assurance the application will be approved, and the shares will continue to trade on the OTC while the listing is pending.
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Insights
Agassi Sports is pursuing a Nasdaq uplisting that could broaden its investor base if approved.
Agassi Sports Entertainment has applied to move its stock from OTC trading to the Nasdaq Capital Market, with a proposed ticker change from AASP to AASE. A successful uplisting would place the company on a national exchange with stricter listing standards.
The company frames this step as part of a broader capital markets strategy to increase visibility, improve liquidity, and expand access to institutional capital. However, the application is subject to Nasdaq’s quantitative and qualitative requirements, and the company explicitly notes there is no assurance of approval or completion of the listing.
The press release also highlights numerous business and financial risks, including capital needs, competition, limited operating history, and reliance on key brands and personalities. Future company filings and Nasdaq’s review outcome will determine whether the proposed uplisting proceeds.
8-K Event Classification
Key Terms
Nasdaq Capital Market financial
forward-looking statements regulatory
quantitative and qualitative listing and regulatory requirements regulatory
going concern financial
Over-the-Counter (OTC) financial
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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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) |
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Securities registered pursuant to Section 12(b) of the 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. [ ]
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Item 7.01 Regulation FD Disclosure.
On May 26, 2026, Agassi Sports Entertainment Corp. (the “Company”, “us” and “we”) released a press release announcing the filing of an application to seek the listing of our common stock on the Nasdaq Capital Market, a copy of which press release is furnished herewith as Exhibit 99.1 and is incorporated into this Item 7.01 by reference.
The information contained in Item 7.01 of this Current Report (and including Exhibit 99.1 hereto) shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
The press release furnished as Exhibit 99.1 to this Current Report on Form 8-K contains forward-looking statements within the meaning of the federal securities laws. These statements are based on the Company’s current expectations and involve known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date made. Factors that could cause actual results to differ materially are described in the press release and in the Company’s filings with the Securities and Exchange Commission, including under the headings “Forward-Looking Statements,” “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in the Company’s periodic and current reports, including its most recent Forms 10-K and 10-Q, filed with the SEC and available at http://www.sec.gov./ The Company undertakes no obligation to publicly update or revise any forward-looking statements, except as required by law.
Item 9.01 Financial Statements and Exhibits.
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Exhibits. |
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Exhibit Description |
99.1* |
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Press release dated May 26, 2026 |
104 |
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Cover Page Interactive Data File (embedded within the Inline XBRL document) |
* Furnished herewith.
SIGNATURES
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.
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Agassi Sports Entertainment Corp. |
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/s/ Ronald S. Boreta |
Date: May 26, 2026 |
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Ronald S. Boreta |
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Chief Executive Officer |
Agassi Sports Entertainment Files Application for NASDAQ Capital Market Listing
LAS VEGAS, May 26, 2026 — Agassi Sports Entertainment Corp. (OTC: AASP) (“ASE” or the “Company”), a sports, media, and technology platform focused on the global racket sports ecosystem and built around the iconic brands of Andre Agassi and Steffi Graf, today announced that it has submitted an application to list its common stock on The Nasdaq Capital Market ("Nasdaq"). The Company is seeking a listing on Nasdaq to strengthen its visibility among investors as part of its broader capital markets strategy, with the aim of increasing shareholder value. In connection with the proposed uplisting, the Company has applied to list its common shares ("Shares") under the symbol "AASE", subject to Nasdaq approval.
“In pickleball, tennis, padel, and the global racket sports ecosystem, ASE plans to elevate the game. By combining world-class brand equity, with plans for AI-driven coaching, media IP, facilities, licensing, and merchandising, ASE expects to connect players, fans, and partners across the fastest-growing categories in racket sports, We believe the aggressive global expansion of racket sports presents a significant opportunity to consolidate racket sport communities under the iconic Agassi brand,” commented Ronald Boreta, Chief Executive Officer of Agassi Sports Entertainment.
“We believe a Nasdaq listing is the appropriate next step in our evolution as we continue building a differentiated sports, media, and technology platform around some of the most recognizable names in global sport. We expect a national listing to enhance our visibility within the investment community, improve public market liquidity, expand access to institutional capital, and further strengthen our commitment to transparency and long-term shareholder value creation.”
The proposed listing of the Shares on Nasdaq is subject to Nasdaq approval of the Company's listing application, and the Company satisfying all applicable quantitative and qualitative listing and regulatory requirements. There can be no assurance that Nasdaq will approve the Company's listing application, that the Company will meet the listing criteria, or that the proposed listing will be completed. The Shares will continue to trade on the OTC under the symbol "AASP" while the listing is pending.
About Agassi Sports Entertainment Corp.
Agassi Sports Entertainment Corp. (OTC: AASP) is a sports entertainment, content, media, and technology company focused on developing products, platforms, and experiences across racket sports. The Company seeks to collaborate with leading global brands and iconic athletes to grow participation, engagement, and long-term shareholder value. For more information about Agassi Sports Entertainment, visit www.agassisports.com.
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Forward-Looking Statements
This press release includes "forward-looking statements", including information about Agassi Sports Entertainment's future expectations, plans, and prospects. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "continue" and similar expressions are intended to identify such forward-looking statements. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results and, consequently, you should not rely on these forward-looking statements as predictions of future events. Factors that could cause actual results to differ materially include, without limitation: (a) the timing, cost, funding availability, anticipated benefits and successful implementation of the Company’s planned digital platform, mobile application and world series of pickleball events; (b) the Company’s ability to raise sufficient capital to fund operations, satisfy obligations to third-party service providers, support growth initiatives and continue as a going concern, the terms on which such financing may be available, and potential dilution resulting therefrom; (c) intense competition in the court sports, digital platform and live event industries and the Company’s ability to compete effectively and achieve market acceptance for its products and services; (d) the Company’s limited operating history, lack of significant revenues, history of losses, unproven business model and lack of experience in the court sports industry, and the risk that it may not achieve profitability or successfully execute its business plan; (e) the Company’s dependence on its management team and key personnel, the absence of employment agreements with certain personnel, and its ability to manage future growth and operational complexity; (f) the Company’s reliance on the continued involvement, reputation and brand recognition of Andre Agassi, Darren Cahill, Stefanie Graff, and related strategic relationships; (g) the Company’s planned concentration in the pickleball and padel industries and its ability to capitalize on anticipated industry growth trends; (h) adverse economic conditions, including inflation, reduced consumer and corporate discretionary spending and capital markets conditions, which could negatively affect demand, operating results, financial condition, cash flows and the Company’s ability to raise capital; (i) risks related to the Company’s planned use of artificial intelligence, cybersecurity incidents, disruptions to information systems, evolving privacy and data protection laws, and unauthorized access to customer data; (j) the Company’s ability to secure suitable venues, sponsorships, participants, permits and approvals and to successfully execute and scale planned events and operations; (k) claims, liabilities, injuries, accidents or other risks arising from the construction or operation of potential facilities, live events, or the use of future premises, equipment or services, and the adequacy of insurance coverage; and (l) the Company’s ability to satisfy Nasdaq’s quantitative listing standards, Nasdaq’s discretionary approval of the listing of the Company’s common stock based on qualitative factors, and the timing associated therewith. Additional risks are described in the Company's filings with the Securities and Exchange Commission, including its periodic reports, which are available at www.sec.gov. Forward-looking statements speak only as of the date made, and the Company undertakes no obligation to publicly update or revise any forward-looking statement, except as required by law.
Investor Contact:
FNK IR – Matt Chesler, CFA / Rob Fink
investors@agassisports.com