Apple iSports Group, Inc. 8-K

What Happened Apple iSports Group, Inc. (AAPI) reported on Form 8-K (Item 1.02) that LBC Enterprises PTY LTD (“Lucky Bet”) notified the company on February 10, 2026 that it had terminated the material agreement the parties announced in a July 25, 2025 press release. Lucky Bet cited the inability of the parties to reach agreement on certain key terms and referenced “certain other allegations” concerning the agreement.

Key Details

• Parties: Apple iSports Group, Inc. (AAPI) and LBC Enterprises PTY LTD (“Lucky Bet”).
• Original announcement of the agreement: July 25, 2025 (company press release).
• Termination notice received: February 10, 2026; Lucky Bet says termination due to failure to agree on key terms and other allegations.
• Reported via Form 8-K, Item 1.02 (Termination of a Material Definitive Agreement).

Why It Matters The termination removes a previously disclosed material agreement that the company had announced in July 2025, which could affect expected strategic plans tied to that deal. The filing does not quantify financial impact or describe any follow-up actions, so investors should watch for further disclosures (including any legal claims or replacement agreements) that clarify operational or financial consequences.