{"schema_version":"secwatch.filing_event.v1","accession":"0001472375-25-000058","form_type":"8-K","ticker":"AASP","cik":"0000930245","company_name":"Agassi Sports Entertainment Corp.","filed_at":"2025-06-04T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.868057+00:00","generated_at":"2026-05-20T00:46:01.436901+00:00","sec_items":["1.01","2.01","3.02","5.06","9.01","7.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Agassi Sports acquires 'World Series of Pickleball' trademark, exits shell company status","bullets":["Acquired trademark 'World Series of Pickleball' for $25k cash + warrants to purchase 50,000 shares at $5.75, 3-year term.","Company ceases to be a shell company; now a start-up focused on pickleball/padel sports entertainment.","Business plan includes acquiring facilities, tournaments, media content, and 'Pickleball for All' charity.","Stock trades on OTC Pink under AASP; 9,785,056 shares outstanding; no dividends declared."],"urls":{"canonical":"https://secwatch.observer/filing/0001472375-25-000058","json":"https://secwatch.observer/filing/0001472375-25-000058.json","markdown":"https://secwatch.observer/filing/0001472375-25-000058.md","text":"https://secwatch.observer/filing/0001472375-25-000058.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/930245/000147237525000058/0001472375-25-000058-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/930245/000147237525000058/ixform8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T00:46:01.436901+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4ed31436c3b75369cdfbb97dc15df529e5a32dad","claim":"Agassi Sports Entertainment Corp.: Company ceased being a shell company and transitioned to a start-up/development stage company (effective 2025-05-31).","evidence_excerpt":"the Company is no longer a “shell company” (as such term is defined in Rule 12b-2 under the Securities Exchange Act of 1934, as amended), and effective on the date of the closing of the Trademark Acquisition Agreement, May 31, 2025, the Company ceased being a “ shell Company ”, and transitioned to being a start-up/development stage company.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/930245/000147237525000058/0001472375-25-000058-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"shell status"},{"label":"Effective","value":"2025-05-31"}],"fact_type":"governance_change"},{"claim_id":"2bd0ead366308f9e0e4c1b413d32828185c06f01","claim":"Agassi Sports Entertainment Corp. completed an acquisition involving Patrick J. Rolfes and Ted Angelo for $25,000 in cash and warrants to purchase 50,000 shares of common stock, and six VIP tickets per seller for life to World Series of Pickleball events (closed 2025-05-31).","evidence_excerpt":"On May 31, 2025, Agassi Sports Entertainment Corp., formerly known as Global Acquisitions Corp. (the \" Company, \" \" us, \" \" we, \" or \" our \"), entered into a Trademark Acquisition Agreement with Patrick J. Rolfes and Ted Angelo, the owners of the trademark for \" World Series of Pickleball \" (the \" Trademark \"). Pursuant to the Trademark Acquisition Agreement, we acquired all rights to, and ownership of, the Trademark, in consideration for $25,000 in cash and warrants to purchase 50,000 shares of the Company’s common stock (with warrants to purchase 25,000 shares granted to each seller)(the \" Warrants \").","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/930245/000147237525000058/0001472375-25-000058-index.htm","confidence":0.95,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"Patrick J. Rolfes and Ted Angelo"},{"label":"Consideration","value":"$25,000 in cash and warrants to purchase 50,000 shares of common stock, and six VIP tickets per seller for life to World Series of Pickleball events"},{"label":"Closing","value":"2025-05-31"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}