---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-25-005416"
form_type: "8-K"
ticker: "AAPI"
cik: "0001134982"
company_name: "Apple iSports Group, Inc."
filed_at: "2025-08-04T23:59:59+00:00"
generated_at: "2026-05-17T21:21:44.662065+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Apple iSports Group to acquire 100% of LuckyBet for 30% of pro forma shares

## Summary
- Acquisition via stock issuance; AiS to issue 30% of fully diluted shares to LuckyBet's vendors.
- Binding term sheet executed July 25/31, 2025; conditions include due diligence, governance, and business plan.
- AiS commits to invest at least $10M (two $5M tranches) into LuckyBet post-closing via an interest-free loan.
- Vendors get put option to sell back 95% of shares if AiS not listed on Nasdaq within 24 months.
- AiS must grant first-ranking security over LuckyBet shares/assets to vendors until Nasdaq listing.

## SEC filing metadata
- accession: 0001477932-25-005416
- form_type: 8-K
- ticker: AAPI
- cik: 0001134982
- company_name: Apple iSports Group, Inc.
- filed_at: 2025-08-04T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1134982/000147793225005416/0001477932-25-005416-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1134982/000147793225005416/aapi_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-25-005416
- JSON: https://secwatch.observer/filing/0001477932-25-005416.json
- Plain text: https://secwatch.observer/filing/0001477932-25-005416.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.