{"filing":{"accession_number":"0001472375-26-000160","cik":"0000930245","ticker":"AASP","company_name":"Agassi Sports Entertainment Corp.","form":"8-K","filing_date":"2026-06-10","report_date":null,"primary_document":"ixform8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/930245/000147237526000160/ixform8k.htm"},"events":[{"id":5738,"run_id":5026,"accession_number":"0001472375-26-000160","anchor_item_number":"1.01","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.75,"summary":"On June 4, 2026, Agassi Sports Entertainment Corp. entered into a material definitive license agreement granting it exclusive rights to use Darren Cahill's name, likeness, voice, image, and personality in connection with its \"Darren AI\" platform and broader sports entertainment business for a 15-year term with automatic renewals. The agreement provides consideration of 250,000 warrants at $5.00/share, representing a significant strategic asset acquisition for the Company's core business operations.","company_name":"Agassi Sports Entertainment Corp.","ticker":"AASP","filing_date":"2026-06-10","form":"8-K","submitted_at":null,"items":[{"id":5737,"accession_number":"0001472375-26-000160","item_number":"1.01","item_title":"Entry into a Material","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.75,"reasoning":"The Company entered into a material definitive agreement on June 4, 2026, granting it exclusive rights to use Darren Cahill's name, likeness, voice, image, and personality in connection with its \"Darren AI\" platform and broader sports entertainment business. The agreement includes a 15-year term with automatic renewals and consideration of 250,000 warrants at $5.00/share, representing a significant strategic asset acquisition for the Company's core business operations. While this is a licensing agreement rather than a traditional M\u0026A transaction, it constitutes entry into a material definitive agreement under Item 1.01 that would materially affect investor assessment of the Company's intellectual property portfolio and business prospects.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-10T12:32:23.099387+00:00","company_name":"","ticker":null,"filing_date":""},{"id":5738,"accession_number":"0001472375-26-000160","item_number":"3.02","item_title":"Unregistered Sales of Equity Securities.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"Item 3.02 discloses an unregistered sale of equity securities (warrants) by Agassi Sports Entertainment Corp. to an accredited investor under Section 4(a)(2) and Rule 506 of Regulation D. The filing explicitly references incorporation of Item 1.01 details and describes the exemption from registration, which is the hallmark of a private placement or dilutive issuance. Warrant grants represent dilutive equity instruments that would materially affect a reasonable investor's assessment of share dilution and capital structure.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-10T12:32:23.099387+00:00","company_name":"","ticker":null,"filing_date":""},{"id":5739,"accession_number":"0001472375-26-000160","item_number":"7.01","item_title":"Regulation FD Disclosure.","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.65,"reasoning":"The filing discloses entry into a \"License Agreement\" announced via press release on June 10, 2026. While the specific terms and materiality of the license agreement are not detailed in the Item 7.01 disclosure itself, the company deemed it significant enough to file an 8-K and furnish a press release. This does not fit cleanly into M\u0026A activity (which typically involves acquisitions, dispositions, or mergers), but represents a material commercial arrangement that could affect the registrant's operations or financial condition. Without access to the full press release text, \"other_material\" is the most appropriate classification for a significant licensing transaction.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-10T12:32:23.099387+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":5737,"accession_number":"0001472375-26-000160","item_number":"1.01","item_title":"Entry into a Material","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.75,"reasoning":"The Company entered into a material definitive agreement on June 4, 2026, granting it exclusive rights to use Darren Cahill's name, likeness, voice, image, and personality in connection with its \"Darren AI\" platform and broader sports entertainment business. The agreement includes a 15-year term with automatic renewals and consideration of 250,000 warrants at $5.00/share, representing a significant strategic asset acquisition for the Company's core business operations. While this is a licensing agreement rather than a traditional M\u0026A transaction, it constitutes entry into a material definitive agreement under Item 1.01 that would materially affect investor assessment of the Company's intellectual property portfolio and business prospects.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-10T12:32:23.099387+00:00","company_name":"Agassi Sports Entertainment Corp.","ticker":"AASP","filing_date":"2026-06-10"},{"id":5738,"accession_number":"0001472375-26-000160","item_number":"3.02","item_title":"Unregistered Sales of Equity Securities.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"Item 3.02 discloses an unregistered sale of equity securities (warrants) by Agassi Sports Entertainment Corp. to an accredited investor under Section 4(a)(2) and Rule 506 of Regulation D. The filing explicitly references incorporation of Item 1.01 details and describes the exemption from registration, which is the hallmark of a private placement or dilutive issuance. Warrant grants represent dilutive equity instruments that would materially affect a reasonable investor's assessment of share dilution and capital structure.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-10T12:32:23.099387+00:00","company_name":"Agassi Sports Entertainment Corp.","ticker":"AASP","filing_date":"2026-06-10"},{"id":5739,"accession_number":"0001472375-26-000160","item_number":"7.01","item_title":"Regulation FD Disclosure.","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.65,"reasoning":"The filing discloses entry into a \"License Agreement\" announced via press release on June 10, 2026. While the specific terms and materiality of the license agreement are not detailed in the Item 7.01 disclosure itself, the company deemed it significant enough to file an 8-K and furnish a press release. This does not fit cleanly into M\u0026A activity (which typically involves acquisitions, dispositions, or mergers), but represents a material commercial arrangement that could affect the registrant's operations or financial condition. Without access to the full press release text, \"other_material\" is the most appropriate classification for a significant licensing transaction.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-10T12:32:23.099387+00:00","company_name":"Agassi Sports Entertainment Corp.","ticker":"AASP","filing_date":"2026-06-10"}]}
