secwatch.observer — SEC 8-K summary
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Issuer:     Agassi Sports Entertainment Corp. (AASP)
CIK:        0000930245
Form:       8-K
Filed at:   2026-06-25T12:30:19+00:00
Accession:  0001472375-26-000179
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Agassi Sports secures name/likeness rights from Andre Agassi; issues warrants to lock-up investors
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- License agreement grants non-exclusive worldwide rights to Andre Agassi's name/likeness for 15-year term; exclusive use of corporate name.
- One-time fee of $250,000 payable upon raising >$3M or within 6 months; no ongoing royalties.
- Lock-up agreements with 23 Nov 2024 investors; warrants to purchase 657,876 shares at $5.00, 2-yr term, lock-up until Dec 15, 2026.
- Sold 14,000 shares for $70,000 ($5.00/share) to two accredited investors; registration rights granted.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/930245/000147237526000179/0001472375-26-000179-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/930245/000147237526000179/ixform8k.htm
  HTML page:      https://secwatch.observer/filing/0001472375-26-000179

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