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Agassi Sports director reports 13.7% stake

Director James M. Askew reports 13.7% ownership of Agassi Sports Entertainment after gifting 300,000 AASP shares to his three adult sons.

(Moderate)
(Neutral)
Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

Agassi Sports Entertainment Corp. (AASP) has an updated ownership disclosure from director James M. Askew in Amendment No. 3 to his Schedule 13D. Askew now reports beneficial ownership of 1,797,860 shares of common stock, representing 13.7% of the outstanding common stock, based on 13,096,824 shares outstanding as of August 12, 2026.

Effective September 8, 2026, Askew gifted 300,000 shares of common stock to his three adult sons (100,000 shares each) and disclaims beneficial ownership of those gifted shares. He states that his holdings are for investment purposes and that he may buy or sell AASP securities in the future, but he currently has no specific plans for major corporate transactions or governance changes at the company.

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Beneficially owned shares 1,797,860 shares Common stock of Agassi Sports Entertainment Corp. reported by James M. Askew
Ownership percentage 13.7% Portion of AASP common stock beneficially owned by James M. Askew
Shares outstanding baseline 13,096,824 shares AASP common stock outstanding as of August 12, 2026, from the company’s Form 10-Q cover
Shares gifted 300,000 shares Common stock gifted by James M. Askew to his three adult sons on September 8, 2026
Gift per recipient 100,000 shares Number of AASP shares gifted to each of James M. Askew’s three adult sons
Par value per share $0.001 per share Par value of Agassi Sports Entertainment Corp. common stock
beneficially owned financial
"The aggregate number of shares of Common Stock beneficially owned by the Reporting Person"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole dispositive power financial
"Number of Shares Beneficially Owned by Each Reporting Person With: Sole Dispositive Power"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Schedule 13D regulatory
"This Amendment No. 3 amends and replaces in its entirety the Schedule 13D"
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.
par value financial
"Common Stock, $0.001 par value per share"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
disclaims any beneficial ownership regulatory
"gifted 300,000 shares of Common Stock to his three adult sons, for whom the Reporting Person disclaims any beneficial ownership"

FAQ

What percentage of Agassi Sports Entertainment Corp. (AASP) does James M. Askew currently beneficially own?

James M. Askew reports beneficial ownership of 13.7% of Agassi Sports Entertainment Corp.’s common stock, corresponding to 1,797,860 shares, based on 13,096,824 shares of common stock outstanding as of August 12, 2026.

How many AASP shares does James M. Askew beneficially own after the changes reported?

James M. Askew beneficially owns 1,797,860 shares of Agassi Sports Entertainment Corp. common stock. He has sole voting and sole dispositive power over all of these shares, with no shared voting or dispositive power reported.

What transaction did James M. Askew report in this Schedule 13D/A for AASP?

Effective September 8, 2026, James M. Askew gifted 300,000 shares of Agassi Sports Entertainment Corp. common stock to his three adult sons, 100,000 shares each, and he disclaims beneficial ownership of those gifted shares.

On what outstanding share count is James M. Askew’s 13.7% AASP ownership based?

The reported 13.7% ownership is based on 13,096,824 shares of Agassi Sports Entertainment Corp. common stock outstanding as of August 12, 2026, as stated on the cover of the company’s Form 10-Q for the quarter ended June 30, 2026.

Does James M. Askew have plans to change control or major policies at Agassi Sports Entertainment Corp. (AASP)?

James M. Askew states he currently has no plans or proposals for mergers, asset sales, board changes, capitalization changes, or other major corporate actions at Agassi Sports Entertainment Corp., though he may buy or sell AASP securities in the future for investment purposes.

What is James M. Askew’s role at Agassi Sports Entertainment Corp. (AASP)?

James M. Askew is described as an entrepreneur and investor and serves as a member of the Board of Directors of Agassi Sports Entertainment Corp., in addition to being the Reporting Person on this Schedule 13D/A amendment.

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

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Learn about SEC filing dates





379413107

(CUSIP Number)
James M. Askew
1120 N. Town Center Dr #160,,
Las Vegas, NV, 89144
713-392-4408

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
09/08/2026

(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 13,096,824 shares of common stock of the Issuer outstanding as of August 12, 2026, which is based on the cover page of the Issuer's Quarterly Report on Form 10-Q for the quarter ended June 30, 2026, as filed with the Securities and Exchange Commission on August 14, 2026.


SCHEDULE 13D


Askew James M.
Signature:/s/ James M. Askew
Name/Title:James M. Askew
Date:09/10/2026

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