Agassi Sports Entertainment signs $1.5 million private placement with Investments AKA
AASP•Agassi Sports Entertainment entered a $1.5 million private placement agreement with Investments AKA for 300,000 units at $5 each. Separately, a $1 million convertible note was converted into 200,000 shares and warrants.
1. Placement details
Agassi Sports Entertainment entered the private placement agreement with Investments AKA on October 16, 2026. Each of the 300,000 units comprises one common share and one warrant to purchase a common share. Investments AKA is owned and controlled by Andre Agassi, the company’s largest beneficial stockholder.
2. Note conversion
A separate amendment converted a $1 million convertible promissory note into 200,000 common shares and warrants to purchase 200,000 shares. The warrants have a $7 exercise price, require cash exercise and expire October 15, 2029.
