---
schema_version: "secwatch.filing_event.v1"
accession: "0001472375-25-000120"
form_type: "8-K"
ticker: "AASP"
cik: "0000930245"
company_name: "Agassi Sports Entertainment Corp."
filed_at: "2025-11-05T23:59:59+00:00"
generated_at: "2026-05-17T00:30:29.664260+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Agassi Sports partners with IBM to build AI-powered racquet sports platform, $2.1M initial payment

## Summary
- IBM will create website, mobile app, e-commerce, and AI video analysis model (Agassi Intelligence) using IBM watsonx.ai.
- SoW 1 total payment $2,134,716, payable monthly through June 2026; first $100k due within 15 days of Nov/Dec 2025 invoices.
- IBM provides $2,953,000 in-kind investment (reduced rates, no cash, no equity); performance bonus of 2–2.5% of net revenue.
- Multi-year commitment through Oct 2030; platform launch expected first half 2026.
- Andre Agassi to shape platform; collaboration aims to expand access to racquet sports globally.

## SEC filing metadata
- accession: 0001472375-25-000120
- form_type: 8-K
- ticker: AASP
- cik: 0000930245
- company_name: Agassi Sports Entertainment Corp.
- filed_at: 2025-11-05T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/930245/000147237525000120/0001472375-25-000120-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/930245/000147237525000120/ixform8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001472375-25-000120
- JSON: https://secwatch.observer/filing/0001472375-25-000120.json
- Plain text: https://secwatch.observer/filing/0001472375-25-000120.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.