---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-25-005556"
form_type: "8-K"
ticker: "AAPI"
cik: "0001134982"
company_name: "Apple iSports Group, Inc."
filed_at: "2025-08-07T23:59:59+00:00"
generated_at: "2026-05-17T17:06:18.897481+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Apple iSports Group secures $25M equity facility from LDA Capital; issues warrants

## Summary
- Entered $25M common stock purchase facility with LDA Capital on firm commitment basis over 3 years.
- Purchase price at 90% of avg daily closing price during 10-day pricing period; draw down up to 400% of 10-day avg daily volume.
- LDA received 2% commitment fee ($500K) plus $25K expense; warrant for 7,692,492 shares at $7.76, adjustable at 6/18 months.
- Beneficial ownership capped at 4.99%; company must file effective S-1 within 120 days to register shares.
- Transaction exempt under Section 4(a)(2) and Regulation D; warrant exercise price adjusts to lower of initial or 110% of VWAP.

## SEC filing metadata
- accession: 0001477932-25-005556
- form_type: 8-K
- ticker: AAPI
- cik: 0001134982
- company_name: Apple iSports Group, Inc.
- filed_at: 2025-08-07T23:59:59+00:00
- event_type: other_material
- 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/1134982/000147793225005556/0001477932-25-005556-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1134982/000147793225005556/aapi_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-25-005556
- JSON: https://secwatch.observer/filing/0001477932-25-005556.json
- Plain text: https://secwatch.observer/filing/0001477932-25-005556.txt

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