Agassi Sports enters $500K-$3.8M IBM cloud deal for AI tennis/pickleball app

Agassi Sports Entertainment Corp.

Minimum commitment: $500K non-refundable for year 1; $3.3M for years 2-5 cancellable by 12/31/2026.
IBM grants up to $250K in cloud credits for development and testing of the embedded solution.
App is AI-powered self-improvement platform for tennis, padel, and pickleball players using 'Agassi Intelligence' AI.
Initial term 1 year, auto-renew for 4 years unless cancelled by written notice before 12/31/2026.
Company must develop the App and provide Level 1 support; IBM provides cloud services and technical support.

item 1.01 item 2.03 item 9.01

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accession 0001472375-26-000012

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