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Ronald Boreta group holds 19.2% of Agassi Sports (AASP) common stock

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Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

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.

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Insights

Boreta group updates 13D to show a 19.2% stake consolidated via purchases and an estate-planning transfer.

The filing shows Ronald S. Boreta and related entities beneficially own 2,509,403 shares, or 19.2%, of Agassi Sports Entertainment common stock, based on 13,047,037 shares outstanding as of June 26, 2026. This confirms a sizable, but minority, ownership position.

Changes include the Boreta Lifetime Trust buying 1,000 shares in an open market purchase at $5.00 per share and 50,000 shares from the company at $5.00 per share in a private offering that includes three-year piggy-back registration rights, plus an intra-group transfer of 1,495,390 shares from All-American Golf Center, Inc. to the trust for estate planning purposes.

The group states it currently has no specific plans for mergers, major restructurings, or governance changes, while reserving the ability to trade shares as circumstances evolve. Overall, this appears to be an administrative update reflecting ownership consolidation and investment activity rather than a clear signal of near-term strategic change.

Boreta Trust holdings 1,546,390 shares Beneficially owned by Boreta Lifetime Trust
Boreta Enterprises holdings 360,784 shares Beneficially owned by Boreta Enterprises
Ronald Boreta total stake 2,509,403 shares (19.2%) Beneficial ownership based on 13,047,037 shares outstanding as of June 26, 2026
Shares outstanding 13,047,037 shares Common stock outstanding as of June 26, 2026
Open market purchase 1,000 shares at $5.00/share Boreta Trust purchase on February 3, 2026
Private offering purchase 50,000 shares at $5.00/share Boreta Trust purchase with three-year piggy-back rights on March 13, 2026
Estate-planning transfer 1,495,390 shares Transferred from All-American Golf Center, Inc. to Boreta Trust on June 30, 2026
Boreta Trust ownership percentage 11.9% Portion of Agassi Sports common stock held by Boreta Lifetime Trust
beneficially own financial
"Ronald Boreta may be deemed to beneficially own the securities of the Issuer"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
Schedule 13D regulatory
"If the filing person has previously filed a statement on Schedule 13G to report the acquisition"
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.
open market purchase financial
"the Boreta Trust purchased 1,000 shares of common stock in an open market purchase for $5.00 per share"
An open market purchase is when a company buys its own shares on public stock exchanges the same way any investor would, rather than through a private deal. Investors care because these purchases reduce the number of shares available, can boost earnings per share and share price, signal that management thinks the stock is undervalued, and use company cash that might otherwise go to reinvestment or dividends — like a business quietly buying back its own tickets at the box office.
private offering financial
"50,000 shares of common stock for $5 per share from the Company in a private offering"
A private offering is the sale of securities—such as shares or bonds—directly to a limited group of investors rather than through public markets or a broad auction. It matters to investors because it changes who owns the company and how much cash the business has available, which can dilute existing shareholders, affect share liquidity and price discovery, and signal strategic moves or funding needs; think of it as selling a batch of goods to a few trusted customers instead of opening a shop to everyone.
piggy-back registration rights regulatory
"The 50,000 shares include standard piggy-back registration rights for a period of three years"
A piggy-back registration right is a shareholder’s ability to include their shares in a company’s planned public offering so they can sell alongside the company. Think of it as hitching a ride on a bus the company already hired: it gives holders easier access to buyers and greater liquidity without the company having to arrange a separate sale. For investors this matters because it can make shares easier to sell but may increase the number of shares offered at once, which can affect the market price.
estate planning purposes financial
"AAGC transferred 1,495,390 shares of common stock of the Issuer to the Boreta Trust, for no consideration for estate planning purposes"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What percentage of Agassi Sports Entertainment (AASP) does Ronald S. Boreta now beneficially own?

Ronald S. Boreta is reported to beneficially own 2,509,403 shares of Agassi Sports Entertainment common stock, representing 19.2% of the class. This percentage is calculated using 13,047,037 shares outstanding as of June 26, 2026, as confirmed by the company’s transfer agent.

How many Agassi Sports Entertainment (AASP) shares are held by the Boreta Lifetime Trust?

The Boreta Lifetime Trust beneficially owns 1,546,390 shares of Agassi Sports Entertainment common stock. This includes shares it already held, 1,000 shares bought in an open market purchase at $5.00 per share, and 50,000 shares acquired at $5.00 per share in a private offering.

What transactions triggered this Schedule 13D/A amendment for Agassi Sports Entertainment (AASP)?

The amendment reflects several ownership changes: the Boreta Trust bought 1,000 shares in an open market purchase and 50,000 shares at $5.00 per share in a private offering, and All-American Golf Center, Inc. transferred 1,495,390 shares to the Boreta Trust for estate planning purposes.

Does All-American Golf Center, Inc. still own Agassi Sports Entertainment (AASP) shares?

All-American Golf Center, Inc. now reports beneficial ownership of 0 Agassi Sports Entertainment shares. It previously owned shares but transferred 1,495,390 shares of common stock to the Boreta Lifetime Trust effective June 30, 2026, for no consideration as part of estate planning.

What are the terms of the 50,000 Agassi Sports Entertainment (AASP) shares bought in the private offering?

The Boreta Lifetime Trust purchased 50,000 Agassi Sports Entertainment common shares from the company at $5.00 per share in a private offering. These shares include standard piggy-back registration rights for a period of three years, enhancing potential future resale flexibility.

Does the Boreta group plan any major corporate actions at Agassi Sports Entertainment (AASP)?

The reporting persons state they currently have no specific plans for mergers, major asset sales, board changes, or significant shifts in capitalization. They acquired the shares for investment and may buy or sell securities in the future depending on market and company conditions.





379413107

(CUSIP Number)
Ronald S. Boreta
6730 Las Vegas Blvd. South,
Las Vegas, NV, 89119
(702) 317-7302

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
06/30/2026

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




schemaVersion:


SCHEDULE 13D




Comment for Type of Reporting Person:
(13) Percentage ownership is based on 13,047,037 shares of common stock of the Issuer outstanding as of June 26, 2026, as confirmed by the Issuer's transfer agent on that date.


SCHEDULE 13D




Comment for Type of Reporting Person:
(13) Percentage ownership is based on 13,047,037 shares of common stock of the Issuer outstanding as of June 26, 2026, as confirmed by the Issuer's transfer agent on that date.


SCHEDULE 13D




Comment for Type of Reporting Person:
(13) Percentage ownership is based on 13,047,037 shares of common stock of the Issuer outstanding as of June 26, 2026, as confirmed by the Issuer's transfer agent on that date.


SCHEDULE 13D




Comment for Type of Reporting Person:
(13) Percentage ownership is based on 13,047,037 shares of common stock of the Issuer outstanding as of June 26, 2026, as confirmed by the Issuer's transfer agent on that date.


SCHEDULE 13D


Boreta Lifetime Trust
Signature:/s/ Ronald S. Boreta
Name/Title:Ronald S. Boreta, Trustee
Date:07/1/2026
All-American Golf Center, Inc.
Signature:/s/ Ronald S. Boreta
Name/Title:Ronald S. Boreta, President
Date:07/1/2026
Boreta Enterprises
Signature:/s/ Ronald S. Boreta
Name/Title:Ronald S. Boreta, Chief Executive Officer
Date:07/1/2026
BORETA RONALD S
Signature:/s/ Ronald S. Boreta
Name/Title:Ronald S. Boreta
Date:07/1/2026