other
confidence high
sentiment neutral
materiality 0.30
Agassi Sports grants consultant warrants for 200,000 shares; director Askew exercises warrants for net 2.1M shares
Agassi Sports Entertainment Corp.
- Granted warrants to consultant for up to 200,000 shares at $5.00/share, 3-year term with cashless exercise.
- Director James Askew exercised warrants for 2,269,583 shares cashless; net issuance of 2,097,740 shares.
- Warrants exercisable immediately for 100,000 shares; remaining vest after one year.
- Shares to Askew issued under Section 3(a)(9) exemption in exchange for outstanding securities; no commission paid.
- Exemption claimed under Section 4(a)(2)/Rule 506 for consultant warrants; accredited investor.