secwatch.observer — SEC 8-K summary
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Issuer:     Apple iSports Group, Inc. (AAPI)
CIK:        0001134982
Form:       8-K/A
Filed at:   2026-02-17T23:59:59+00:00
Accession:  0001477932-26-000854
Event type: other_material
Sentiment:  negative
Materiality: 0.60
Item codes: 1.01
LLM model:  deepseek-v4-flash:cloud@v2

Apple iSports receives $250K payment demand from LDA Capital under unused equity facility
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1134982/000147793226000854/0001477932-26-000854-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1134982/000147793226000854/aapi_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001477932-26-000854

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