Agassi Sports Entertainment Corp. 8-K

What Happened Agassi Sports Entertainment Corp. filed an 8-K on March 17, 2026 reporting that on March 13, 2026 it entered into two Subscription Agreements with two accredited investors. The investors purchased an aggregate of 80,000 shares of restricted common stock at $5.00 per share for total gross proceeds of $400,000. One purchaser was the Boreta Lifetime Trust (trustee: Ronald S. Boreta), which bought 50,000 shares for $250,000; Ronald S. Boreta is the Company’s President, CEO and a director. The agreements included customary representations and warranties.

Key Details

• Transaction date: March 13, 2026; 8-K filed March 17, 2026.
• Shares issued: 80,000 restricted common shares at $5.00 per share.
• Proceeds raised: $400,000 total; Boreta Lifetime Trust purchased 50,000 shares ($250,000).
• Reported as unregistered sales of equity securities (Item 3.02) in the 8-K.

Why It Matters This filing documents a small private capital raise that provides the company with $400,000 in cash. The CEO’s trust buying a majority of the placement (50,000 of 80,000 shares) is a notable insider purchase that may signal management’s willingness to invest in the company, while the issuance of restricted shares means they are subject to resale limitations. For investors, the key impacts are the immediate cash boost to the company and modest dilution from the new shares; review the company’s outstanding share count and future plans for the capital to assess materiality.