other material
confidence low
sentiment negative
materiality 0.60
Apple iSports receives $250K payment demand from LDA Capital under unused equity facility
Apple iSports Group, Inc.
- On Feb 13, 2026, LDA Capital demanded $250K payment citing terms of Aug 2025 Common Stock Purchase Agreement; second $250K due Aug 5, 2026.
- Company states it has not utilized the Facility and is currently assessing its legal position regarding the demand and overall agreement.
- The facility was entered into on Aug 5, 2025, but no further details on terms or utilization provided.
- Company has not disclosed any prior use or drawdowns under the Facility.