| Item 1. | Security and Issuer |
| (a) | Title of Class of Securities:
Common Stock, $0.001 par value per share |
| (b) | Name of Issuer:
Agassi Sports Entertainment Corp. |
| (c) | Address of Issuer's Principal Executive Offices:
1120 N. TOWN CENTER DR #160, 1120 N. TOWN CENTER DR #160, LAS VEGAS,
NEVADA
, 89144. |
Item 1 Comment:
This Amendment No. 2 (the "Amendment") amends and replaces in its entirety the Schedule 13D filed with the Securities and Exchange Commission (the "Commission") by James M. Askew (the "Reporting Person") on July 5, 2024, as amended by Amendment No. 1 thereto filed with the Commission on May 5, 2025. This Schedule 13D relates to the common stock, $0.001 par value per share (the "Common Stock"), of Agassi Sports Entertainment Corp., formerly Global Acquisitions Corporation, a Nevada corporation (the "Issuer" or the "Company"). |
| Item 2. | Identity and Background |
|
| (a) | This Statement is being filed by James M. Askew, an individual, the "Reporting Person". |
| (b) | Mr. Askew's business address is 1120 N. Town Center Dr #160, Las Vegas, Nevada 89144. |
| (c) | James M. Askew is an entrepreneur and investor. Mr. Askew also serves as a member of the Board of Directors of the Company. |
| (d) | The Reporting Person has not, during the last five years, been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). |
| (e) | The Reporting Person has not, during the last five years, been party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. |
| (f) | The Reporting Person is a citizen of the United States. |
| Item 3. | Source and Amount of Funds or Other Consideration |
| | On July 3, 2024, the Issuer granted Mr. Askew warrants to purchase up to 2,269,583 shares of Common Stock at an exercise price of $0.397 per share, and a term through July 3, 2029, in connection with the entry into a Consulting Agreement with the Issuer and in consideration for services rendered (the "Warrants"). The Warrants were fully earned upon issuance. The Warrants included cashless exercise rights and were evidenced by a Warrant to Purchase Common Stock (the "Warrant Agreement"). A total of 1,134,791 of the warrants could not be exercised until July 3, 2025. Prior to the grant of the Warrant, Mr. Askew held 120 shares of common stock of the Issuer.
On February 4, 2026, Mr. Askew exercised the Warrants in full on a cashless basis. In connection with such exercise, the Company issued to Mr. Askew a net of 2,097,740 shares of common stock, after the forfeiture of 171,843 warrant shares to the Company in satisfaction of the aggregate exercise price thereof, based on the fair market value of the Company's common stock on the exercise date, as determined in accordance with the terms of the Warrants. |
| Item 4. | Purpose of Transaction |
| | The information set forth in Item 3 is hereby incorporated by reference into this Item 4. The Reporting Person acquired the securities for investment purposes. In the future, depending on general market and economic conditions affecting the Issuer and other relevant factors, the Reporting Person may purchase additional securities of the Issuer or dispose of some or all of the securities he currently owns from time to time in open market transactions, private transactions (including gifts) or otherwise. Except as may occur in the ordinary course of business of the Issuer, the Reporting Person does not currently have any plans or proposals which relate to or would result in the following described: (a) The acquisition by any person of additional securities of the Issuer, or the disposition of securities of the Issuer; (b) An extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the Issuer or any of its subsidiaries; (c) A sale or transfer of a material amount of assets of the Issuer or any of its subsidiaries; (d) Any change in the present board of directors or management of the Issuer, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the board; (e) Any material change in the present capitalization or dividend policy of the Issuer; (f) Any other material change in the Issuer's business or corporate structure, including but not limited to, if the Issuer is a registered closed-end investment company, any plans or proposals to make any changes in its investment policy for which a vote is required by section 13 of the Investment Company Act of 1940; (g) Changes in the Issuer's charter, bylaws or instruments corresponding thereto or other actions which may impede the acquisition of control of the Issuer by any person; (h) Causing a class of securities of the Issuer to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association; (i) A class of equity securities of the Issuer becoming eligible for termination of registration pursuant to section 12(g)(4) of the Act; or (j) Any action similar to any of those enumerated above. The Reporting Person retains the right to change his investment intent, and may, from time to time, acquire additional shares of Common Stock or other securities of the Issuer, or sell or otherwise dispose of (or enter into a plan or arrangements to sell or otherwise dispose of), all or part of the shares of Common Stock or other securities of the Issuer, if any, beneficially owned by him, in any manner permitted by law. |
| Item 5. | Interest in Securities of the Issuer |
| (a) | The aggregate number of shares of Common Stock beneficially owned by the Reporting Person and, the number of shares as to which there is sole power to vote or to direct the voting thereof, shared power to vote or to direct the voting thereof, sole power to dispose or to direct the disposition thereof, or shared power to dispose or to direct the disposition thereof, are set forth on rows 7 through 11 and row 13 of the cover page(s) of this Schedule 13D and are incorporated herein by this reference thereto. |
| (b) | The aggregate number of shares of Common Stock beneficially owned by the Reporting Person and, for the Reporting Person, the number of shares as to which there is sole power to vote or to direct the voting thereof, shared power to vote or to direct the voting thereof, sole power to dispose or to direct the disposition thereof, or shared power to dispose or to direct the disposition thereof, are set forth on rows 7 through 11 and row 13 of the cover page(s) of this Schedule 13D and are incorporated herein by this reference thereto. |
| (c) | See Item 3, above. |
| (d) | No other person has the right to receive or the power to direct the receipt of dividends from or the proceeds from the sale of the securities beneficially owned by the Reporting Person. |
| (e) | N/A |
| Item 6. | Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer |
| | Except for the Warrant Agreement, and a consulting agreement entered into between the Reporting Person and the issuer dated July 3, 2029, pursuant to which the Warrants were granted to the Reporting Person, there are no contracts, arrangements, understandings or relationships among the Reporting Person, or between the Reporting Person and any other person, with respect to the securities of the Issuer. |
| Item 7. | Material to be Filed as Exhibits. |
| | 1. Warrant to Purchase Common Stock issued to James M. Askew by Agassi Sports Entertainment Corp. formerly Global Acquisitions Corporation effective July 3, 2024 https://www.sec.gov/Archives/edgar/data/930245/000199937124008312/ex99-a.htm (filed as Exhibit 99 to the Schedule 13D filed by the Reporting Person with the Securities and Exchange Commission on July 5, 2024) |
