Agassi Sports Entertainment enters $1M convertible note with entity controlled by Andre Agassi

Agassi Sports Entertainment Corp.

$1,000,000 convertible promissory note issued to Investments AKA, LLC, owned by Andre Agassi (largest stockholder) and whose CFO is also company's CFO.
Note bears 3.96% interest, matures July 27, 2027; automatically converts into next equity financing of at least $3M at same price as new investors.
Proceeds used for general working capital; note sold without registration under Section 4(a)(2) and Rule 506(b).
Related-party transaction: lender's CFO is Shawn Cable, also company's CFO; Andre Agassi is largest beneficial stockholder.

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