secwatch.observer — SEC 8-K summary
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Issuer:     Apple iSports Group, Inc. (AAPI)
CIK:        0001134982
Form:       8-K
Filed at:   2025-11-06T23:59:59+00:00
Accession:  0001477932-25-007933
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Apple iSports Group borrows $350K AUD at 18% from Philbook Pty Ltd
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- Loan of $350,000 AUD (~$227,500 USD) from Philbook Pty Ltd, an Australian entity.
- Interest rate 18% per annum; increases to 27% upon default.
- Repayment due 2 business days after lender's demand, but demand cannot occur before 6 months from advance.
- Proceeds received Nov 4, 2025; Board ratified the loan agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1134982/000147793225007933/0001477932-25-007933-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1134982/000147793225007933/aapi_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-25-007933

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer