{"filing":{"accession_number":"0001472375-26-000179","cik":"0000930245","ticker":"AASP","company_name":"Agassi Sports Entertainment Corp.","form":"8-K","filing_date":"2026-06-25","report_date":null,"primary_document":"ixform8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/930245/000147237526000179/ixform8k.htm"},"events":[{"id":13749,"run_id":12213,"accession_number":"0001472375-26-000179","anchor_item_number":"1.01","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.75,"summary":"On June 18, 2026, the Company entered into a Name and Likeness License Agreement with AKA Licenses, granting non-exclusive worldwide rights to use Andre Agassi's name, image, voice, and likeness in connection with the Company's sports entertainment business for a $250,000 one-time fee and a 15-year initial term with automatic 5-year renewals. This material acquisition of intellectual property rights is central to the Company's stated goal of becoming a leading media and entertainment company in racket sports.","company_name":"Agassi Sports Entertainment Corp.","ticker":"AASP","filing_date":"2026-06-25","form":"8-K","submitted_at":null,"items":[{"id":10978,"accession_number":"0001472375-26-000179","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 Name and Likeness License Agreement with AKA Licenses (holder of Andre Agassi's right of publicity) on June 18, 2026, granting non-exclusive worldwide rights to use Agassi's name, image, voice, and likeness in connection with the Company's sports entertainment business. While styled as a licensing agreement rather than a traditional M\u0026A transaction, this represents a material acquisition of intellectual property rights central to the Company's business operations—the Company's stated goal is to become \"a leading media and entertainment company in the world of racket sports\" using Agassi's brand. The agreement includes a $250,000 one-time fee, a 15-year initial term with automatic 5-year renewals, and termination rights tied to material changes in ownership or control, all hallmarks of a material strategic transaction. The Item 1.01 classification and the cross-reference to Item 2.03 (financial obligations) further support materiality.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-25T12:32:08.648567+00:00","company_name":"","ticker":null,"filing_date":""}]},{"id":13750,"run_id":12213,"accession_number":"0001472375-26-000179","anchor_item_number":"3.02","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"summary":"On June 19, 2026, the Company sold 14,000 shares of common stock to accredited investors for $70,000 ($5.00 per share) in a private placement exempt under Section 4(a)(2) and Regulation D Rule 506, and granted warrants exercisable for up to 657,876 shares to prior investors. These unregistered equity issuances materially dilute existing shareholders and create registration rights obligations.","company_name":"Agassi Sports Entertainment Corp.","ticker":"AASP","filing_date":"2026-06-25","form":"8-K","submitted_at":null,"items":[{"id":10979,"accession_number":"0001472375-26-000179","item_number":"3.02","item_title":"Unregistered Sales of Equity Securities.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"The filing discloses an unregistered sale of 14,000 shares of common stock to accredited investors for $70,000 ($5.00 per share) on June 19, 2026, claimed exempt under Section 4(a)(2) and Rule 506 of Regulation D. This is a classic private placement of equity securities. Additionally, the company granted warrants exercisable for up to 657,876 shares to prior investors, further diluting existing shareholders. The disclosure of unregistered equity issuances with registration rights obligations is material to investors assessing capital structure and dilution risk.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-25T12:32:08.648567+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":10978,"accession_number":"0001472375-26-000179","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 Name and Likeness License Agreement with AKA Licenses (holder of Andre Agassi's right of publicity) on June 18, 2026, granting non-exclusive worldwide rights to use Agassi's name, image, voice, and likeness in connection with the Company's sports entertainment business. While styled as a licensing agreement rather than a traditional M\u0026A transaction, this represents a material acquisition of intellectual property rights central to the Company's business operations—the Company's stated goal is to become \"a leading media and entertainment company in the world of racket sports\" using Agassi's brand. The agreement includes a $250,000 one-time fee, a 15-year initial term with automatic 5-year renewals, and termination rights tied to material changes in ownership or control, all hallmarks of a material strategic transaction. The Item 1.01 classification and the cross-reference to Item 2.03 (financial obligations) further support materiality.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-25T12:32:08.648567+00:00","company_name":"Agassi Sports Entertainment Corp.","ticker":"AASP","filing_date":"2026-06-25"},{"id":10979,"accession_number":"0001472375-26-000179","item_number":"3.02","item_title":"Unregistered Sales of Equity Securities.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"The filing discloses an unregistered sale of 14,000 shares of common stock to accredited investors for $70,000 ($5.00 per share) on June 19, 2026, claimed exempt under Section 4(a)(2) and Rule 506 of Regulation D. This is a classic private placement of equity securities. Additionally, the company granted warrants exercisable for up to 657,876 shares to prior investors, further diluting existing shareholders. The disclosure of unregistered equity issuances with registration rights obligations is material to investors assessing capital structure and dilution risk.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-25T12:32:08.648567+00:00","company_name":"Agassi Sports Entertainment Corp.","ticker":"AASP","filing_date":"2026-06-25"}]}