Welcome to our dedicated page for Agassi Sports Entertainment SEC filings (Ticker: AASP), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Our SEC filing database is enhanced with expert analysis from Rhea-AI, providing insights into the potential impact of each filing on Agassi Sports Entertainment's stock performance. Each filing includes a concise AI-generated summary, sentiment and impact scores, and end-of-day stock performance data showing the actual market reaction. Navigate easily through different filing types including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, proxy statements (DEF 14A), and Form 4 insider trading disclosures.
Designed for fundamental investors and regulatory compliance professionals, our page simplifies access to critical SEC filings. By combining real-time SEC filing updates, Rhea-AI's analytical insights, and historical stock performance data, we provide comprehensive visibility into Agassi Sports Entertainment's regulatory disclosures and financial reporting.
Agassi Sports Entertainment Corp. informed stockholders that its board has ratified certain past stock issuances, director appointments, and a warrant grant under NRS 78.0296, after determining it could not locate formal written consents or minutes documenting those actions.
The company described historical issuances of common stock between 2002 and 2017 to entities, insiders, a former director, and employees, plus a 2025 warrant for up to 50,000 shares at an exercise price of $6.30 per share granted to a service provider. By adopting ratifying resolutions and providing this notice, these “Defective Corporate Acts” are validated and deemed effective as of their original dates, the related shares are deemed validly issued, fully paid, and non-assessable, and claims that they are void or voidable due to a failure of authorization are extinguished.
Agassi Sports Entertainment Corp. describes the launch of its global “Let’s Play” pickleball and padel platform initiative, which seeks to build a leading network of clubs through potential acquisitions, strategic partnerships, collaborations and franchising opportunities.
The company has updated its investor presentation to reflect this initiative and is furnishing it as Exhibit 99.1. The presentation and related statements are identified as forward-looking and subject to risks and uncertainties discussed in the presentation and in the company’s Form 10-Q for the quarter ended March 31, 2026 and Form 10-K for the year ended December 31, 2025.
Agassi Sports Entertainment Corp. launched its global “Let’s Play” pickleball and padel platform initiative, aiming to build a leading network of clubs worldwide through potential acquisitions, strategic partnerships, collaborations and franchising opportunities. The strategy expands its racket sports platform across events, media, technology and destination-based facilities.
Initial international efforts are expected to focus on Germany and Australia, with Stefanie Graf and Darren Cahill helping lead initiatives and advising on facility design, programming, player development and regional strategies. The company is in the beginning stages of discussions with facility operators, developers and strategic partners but has not acquired any facilities, entered definitive acquisition agreements, or formed strategic, collaboration or franchising agreements to date.
The company notes that these plans are forward-looking and subject to significant risks, including the availability of suitable targets and capital, its limited operating history and lack of significant revenues, intense competition, dependence on key personalities such as Andre Agassi, Stefanie Graf and Darren Cahill, broader economic conditions, technology and cybersecurity risks, operational risks around future facilities and events, and its ability to satisfy Nasdaq’s quantitative listing standards.
Agassi Sports Entertainment Corp. is registering 13,981,982 shares of common stock for resale by existing shareholders, consisting of 10,694,606 outstanding shares and 3,287,376 warrant shares. The company itself is not selling stock and will not receive proceeds from these resales, other than any cash from warrant exercises.
The Nevada-based sports and media company is building an AI-powered racket-sports platform with IBM and launching a World Series of Pickleball property, alongside a new e-commerce site launched in July 2026. The digital platform is estimated to cost $2,700,000 to implement and remains in beta, with an app and broader launch targeted around the beginning of the fourth quarter of 2026.
As of March 31, 2026, working capital showed a deficit of $873,810 with current liabilities of $1,191,997, and auditors have raised substantial doubt about the company’s ability to continue as a going concern. Agassi Sports faces obligations to IBM totaling approximately $2,134,716 under service agreements plus minimum cloud-usage commitments of $500,000 and $3,300,000 in later periods, and plans to rely on additional equity financing while it has not yet generated revenues.
Agassi Sports Entertainment Corp. entered into a $1,000,000 Convertible Promissory Note on July 28, 2026 with Investments AKA, LLC, an entity owned and controlled by Andre Agassi and identified as the company’s largest beneficial stockholder. The note bears 3.96% annual interest, compounded semi-annually, rising to 10% after an event of default, and matures on July 27, 2027.
The note will automatically convert into the same equity or equity-linked securities issued to new, arm’s-length investors in the next equity financing that raises at least $3,000,000, at the same price paid by those investors. If no such financing occurs before maturity, principal and accrued interest are payable in cash. The securities were issued in a private placement relying on Section 4(a)(2) and/or Rule 506(b) of Regulation D, with no sales commissions, and the company received $1,000,000 in gross proceeds for general working capital.
Agassi Sports Entertainment Corp. furnished an updated investor presentation under a current report on Regulation FD Disclosure. The presentation, attached as Exhibit 99.1 and dated July 2026, is provided for informational purposes and is not treated as filed for liability or incorporation-by-reference purposes under federal securities laws.
The company highlights that the presentation contains forward-looking statements about expected financial performance, business trends and future events. These statements are subject to risks and uncertainties described in sections such as Forward-Looking Statements, Risk Factors and Management’s Discussion and Analysis in Agassi Sports Entertainment’s periodic reports, including its Form 10-Q for the quarter ended March 31, 2026 and Form 10-K for the year ended December 31, 2025. The company states that forward-looking statements speak only as of their date and disclaims any obligation to update them except as required by law.
Agassi Sports Entertainment Corp. entered into a First Amendment to its Registration Rights Agreement with investors effective June 29, 2026. This amendment extends the deadline for filing a registration statement to register the resale of privately placed common shares from July 6, 2026 to July 31, 2026.
The registration statement will cover shares sold in the Company’s May/June 2026 private offering conducted under Rule 506(b). Agassi previously agreed to use commercially reasonable efforts to have the registration statement declared effective as promptly as possible after filing, and that commitment remains in place under the amended agreement.
Agassi Sports Entertainment Corp. major shareholder Ronald S. Boreta and affiliated entities filed Amendment No. 2 to their Schedule 13D to update their ownership in the company’s common stock. Boreta is reported to beneficially own 2,509,403 shares, or 19.2% of the outstanding common stock, based on 13,047,037 shares outstanding as of June 26, 2026.
The Boreta Lifetime Trust now holds 1,546,390 shares, including 1,000 shares bought in an open market purchase at $5.00 per share and 50,000 shares bought from the company at $5.00 per share in a private offering with piggy-back registration rights for three years. On June 30, 2026, All-American Golf Center, Inc. transferred 1,495,390 shares to the Boreta Trust for no consideration for estate planning purposes.
The reporting persons state they acquired the securities for investment and may buy or sell shares in the future depending on market and company conditions, but they currently report no specific plans for mergers, major asset sales, changes to the board, or other significant corporate actions.
Agassi Sports Entertainment Corp. director and CEO Ronald S. Boreta reported an internal share transfer done for estate planning purposes. On June 30, 2026, All-American Golf Center, Inc. gifted 1,495,390 shares of common stock to the Boreta Lifetime Trust, with no change in beneficial ownership of the shares.
Boreta is trustee of the Boreta Lifetime Trust and a director and majority owner of All-American Golf Center, Inc., and in these roles holds voting and disposal rights over those entities’ shares. After the filing date, he also reports 602,229 shares held directly and 360,784 shares held through Boreta Enterprises, Ltd.
Agassi Sports Entertainment Corp. entered a long-term Name and Likeness License Agreement with AKA Licenses, giving it a worldwide, largely non-exclusive right to use Andre Agassi’s name, image, voice, and related content in its racket-sports media and entertainment business. Instead of ongoing royalties, the company will pay a one-time $250,000 fee, due on the earlier of raising more than $3,000,000 in new funding or six months after signing. The agreement runs for 15 years with automatic five-year renewals and includes detailed termination and approval rights for both sides.
The company also signed lock-up agreements with twenty-three investors from its November 2024 offering, restricting transfers of those shares, related warrants, and warrant shares until December 15, 2026, in exchange for new warrants to buy an aggregate 657,876 shares at $5.00 per share for two years. Separately, it raised $70,000 by selling 14,000 unregistered common shares at $5.00 per share to two accredited investors under a private placement exemption.