Apple iSports Group, Inc. 8-K/A

What Happened
Apple iSports Group, Inc. (AAPI) filed an 8-K reporting that it entered into a Common Stock Purchase Agreement (the “Facility”) with LDA Capital Group LLC on August 5, 2025. On February 13, 2026, LDA Capital sent written notice demanding payment of $250,000 that it says is due under the Facility and stated a second $250,000 payment would be due on the Facility’s first anniversary (August 5, 2026). The company says it has not utilized the Facility and is currently assessing its legal position with respect to the demand and the overall Facility.

Key Details

• Facility entered into: August 5, 2025 (Common Stock Purchase Agreement with LDA Capital Group LLC).
• Current demand: $250,000 payment requested by LDA on February 13, 2026.
• Future stated obligation: additional $250,000 stated as due August 5, 2026 (first anniversary).
• Company status: has not used the Facility and is evaluating its legal position regarding the demand and the agreement.

Why It Matters
This filing notifies investors of a creditor/financing dispute that may affect the company’s near-term obligations or financing flexibility. The company has not acknowledged liability and is reviewing its legal position, so outcomes (payment, settlement, or dismissal) are unresolved. Investors should watch for updates that clarify whether the demand will result in a cash outflow, issuance of shares, or other changes to liquidity or capital structure.