0000930245
false
0000930245
2026-05-06
2026-05-06
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
xbrli:pure
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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): May 6, 2026
AGASSI SPORTS ENTERTAINMENT CORP.
(Exact Name of Registrant as Specified in
its Charter)
Nevada |
|
000-24970 |
|
88-0203976 |
(State or Other Jurisdiction of Incorporation) |
|
(Commission File Number) |
|
(IRS Employer Identification No.) |
1120 N. Town Center Dr #160 Las Vegas, NV |
|
89144 |
(Address of Principal Executive Offices) |
|
(Zip Code) |
Registrant’s telephone number, including
area code: (702) 400-4005
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 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. [ ]
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment
of Certain Officers; Compensatory Arrangements of Certain Officers.
As previously disclosed in the Current
Report on Form 8-K filed by Agassi Sports Entertainment Corp. (the “Company”,
“we” and “us”) with the Securities and Exchange Commission on
March 26, 2026, on March 25, 2026 and effective on March 1, 2026, we entered
into an Executive Employment Agreement with our Chief Executive Officer and director,
Mr. Ronald S. Boreta (the “Employment Agreement”).
The Employment Agreement required, among
other things, that we grant Mr. Boreta 300,000 restricted stock units,
settleable in shares of common stock, vesting 1/3 equally on each of December
31, 2026, December 31, 2027, and December 31, 2028, subject to Mr. Boreta’s
continued service with the Company (the “Restricted Stock Units”).
On May 6, 2026, the Company granted the
Restricted Stock Units to Mr. Boreta which were subject to the terms of an RSU
Award Grant Notice and Award Agreement (the “Award Agreement”) entered
into with Mr. Boreta and the Company’s 2026 Equity Incentive Plan, under which
the Restricted Stock Units were granted.
The description of the Restricted Stock
Units above is not complete and is qualified in its entirety by the full text
of the Award Agreement and 2026 Equity Incentive Plan, copies of which are
incorporated by reference herein as Exhibits 10.1 and 10.2,
respectively, and incorporated by reference into this Item 5.02 in
their entirety.
Item 9.01 Financial Statements and Exhibits.
Exhibit No. |
|
Exhibit
Description |
10.1 |
|
Form of RSU Award Grant Notice and Award Agreement (2026
Equity Incentive Plan)(Filed as Exhibit 99.4 to the Company’s Registration
Statement on Form S-8 (File No. 333-295102) filed with the Securities and
Exchange Commission on April 16, 2026, and incorporated by reference herein) |
10.2 |
|
Agassi Sports Entertainment Corp. 2026 Equity Incentive Plan
(Filed as Exhibit 10.2 to the Company’s Current Report on Form 8-K filed with
the Securities and Exchange Commission on March 26, 2026, and incorporated by
reference herein)(File No. 000-24970) |
104 |
|
Cover
Page Interactive Data File (embedded within the Inline XBRL document) |
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.
|
Agassi
Sports Entertainment Corp. |
|
|
|
|
By: |
/s/
Ronald S. Boreta |
|
|
|
Date: May
8, 2026 |
Name: |
Ronald
S. Boreta |
|
Title: |
Chief
Executive Officer |