{"schema_version":"secwatch.filing_event.v1","accession":"0001472375-26-000150","form_type":"8-K","ticker":"AASP","cik":"0000930245","company_name":"Agassi Sports Entertainment Corp.","filed_at":"2026-06-05T20:30:23+00:00","discovered_at":"2026-06-05T20:32:00.239456+00:00","generated_at":"2026-06-05T20:38:35.545317+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Agassi Sports raises $1.175M via private placement; grants warrants to counsel","bullets":["Sold 235,000 restricted shares at $5.00 each to accredited investors for total $1,175,000.","Granted warrants to purchase 100,000 shares at $5.00, 5-year term, to outside legal counsel for services.","Registration Rights Agreement requires filing resale registration within 45 days; failure triggers liquidated damages up to 15% of shares.","Securities issued under Section 4(a)(2)/Rule 506; no commissions paid."],"urls":{"canonical":"https://secwatch.observer/filing/0001472375-26-000150","json":"https://secwatch.observer/filing/0001472375-26-000150.json","markdown":"https://secwatch.observer/filing/0001472375-26-000150.md","text":"https://secwatch.observer/filing/0001472375-26-000150.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/930245/000147237526000150/0001472375-26-000150-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/930245/000147237526000150/ixform8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T20:38:35.545317+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":"520cbbf436aa91043fc3412054af3061d0e65f8b","claim":"Agassi Sports Entertainment Corp. issued 100,000 shares of its common stock of warrant to its outside legal counsel for services rendered.","evidence_excerpt":"On May 29, 2026, the Company granted warrants to purchase 100,000 shares of its common stock with an exercise price of $5.00 per share and a term of five years to its outside legal counsel in consideration for services rendered, which warrants include cashless exercise rights and vested immediately.","evidence_source":"SEC 8-K Item 3.02/3.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/930245/000147237526000150/0001472375-26-000150-index.htm","confidence":0.95,"family_label":"Equity Issuances","details":[{"label":"Security","value":"warrant"},{"label":"Shares","value":"100,000 shares of its common stock"},{"label":"Purchaser","value":"its outside legal counsel"},{"label":"Consideration","value":"services rendered"}],"fact_type":"equity_issuance"},{"claim_id":"b9097ce7e1d37195ced693fa972df2159386309a","claim":"Agassi Sports Entertainment Corp. issued 235,000 shares of restricted common stock of common stock to certain accredited investors for $5.00 per share, or a total of $1,175,000.","evidence_excerpt":"On May 22 nd , June 1 st , 2 nd and 4 th , 2026, Agassi Sports Entertainment Corp. (the “ Company ”, “ we ” and “ us ”), entered into Subscription Agreements with certain accredited investors (the “ Investors ”), pursuant to which such Investors purchased an aggregate of 235,000 shares of restricted common stock of the Company (the “ Shares ”), for $5.00 per share, or a total of $1,175,000.","evidence_source":"SEC 8-K Item 3.02/3.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/930245/000147237526000150/0001472375-26-000150-index.htm","confidence":0.95,"family_label":"Equity Issuances","details":[{"label":"Security","value":"common stock"},{"label":"Shares","value":"235,000 shares of restricted common stock"},{"label":"Purchaser","value":"certain accredited investors"},{"label":"Consideration","value":"$5.00 per share, or a total of $1,175,000"}],"fact_type":"equity_issuance"},{"claim_id":"a371a49060e387bc48b5a7c1eb6553cde31492d8","claim":"Agassi Sports Entertainment Corp. entered into Registration Rights Agreement with the Investors valued at Registration rights for resale of Shares with certain liquidated damages provisions (effective 2026-06-01).","evidence_excerpt":"On June 1, 2026, in connection with the Subscription Agreements, the Company entered into a Registration Rights Agreement (the “ Registration Rights Agreement ”) in favor of the Investors (who executed a counterparty thereof in connection with their investments).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/930245/000147237526000150/0001472375-26-000150-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"the Investors"},{"label":"Value","value":"Registration rights for resale of Shares with certain liquidated damages provisions"},{"label":"Effective","value":"2026-06-01"}],"fact_type":"material_agreement"},{"claim_id":"b09f935de4a52dfcf419b8216a02c3e2b8eeed64","claim":"Agassi Sports Entertainment Corp. entered into Subscription Agreements with certain accredited investors valued at 235,000 shares of restricted common stock at $5.00 per share, total consideration $1,175,000 (effective 2026-05-22).","evidence_excerpt":"On May 22 nd , June 1 st , 2 nd and 4 th , 2026, Agassi Sports Entertainment Corp. (the “ Company ”, “ we ” and “ us ”), entered into Subscription Agreements with certain accredited investors (the “ Investors ”), pursuant to which such Investors purchased an aggregate of 235,000 shares of restricted common stock of the Company (the “ Shares ”), for $5.00 per share, or a total of $1,175,000.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/930245/000147237526000150/0001472375-26-000150-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"certain accredited investors"},{"label":"Value","value":"235,000 shares of restricted common stock at $5.00 per share, total consideration $1,175,000"},{"label":"Effective","value":"2026-05-22"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}