Agassi Sports Entertainment raises $400K through private placement of restricted common stock

Agassi Sports Entertainment Corp.

Issued 80,000 restricted shares at $5.00/share for $400,000 in aggregate to two accredited investors.
CEO Ronald S. Boreta's trust purchased 50,000 shares for $250,000; the other investor purchased 30,000 shares.
Offering exempt from registration under Section 4(a)(2) and Rule 506; no underwriting commissions paid.

Key facts

Extracted from this filing and checked against the source text.

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

Agassi Sports Entertainment Corp. issued 80,000 shares of restricted common stock of common stock to two accredited investors (the "Investors"), including Boreta Lifetime Trust for $5.00 per share, or a total of $400,000.

Security: common stock
Shares: 80,000 shares of restricted common stock
Purchaser: two accredited investors (the "Investors"), including Boreta Lifetime Trust
Consideration: $5.00 per share, or a total of $400,000

Exact text from the filing

with two accredited investors (the “ Investors ”), pursuant to which the Investors purchased an aggregate of 80,000 shares of restricted common stock from the Company, for $5.00 per share, or a total of $400,000. The Subscription Agreements included customary representations and warranties of the Investors and the Company. One of the Investors was the

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Agassi Sports Entertainment Corp. filing history →

Source: SEC EDGAR

accession 0001472375-26-000079

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