# Agassi Sports Entertainment Corp. (AASP) — capital_raise [announced]
Source: SEC API (secapi.ai) · situation sit_658e5266bd86a9799597 · retrieved 2026-08-11T16:11:25.080Z

## Overview
Agassi Sports Entertainment Corp. is a retail-miscellaneous retail company incorporated in Nevada.

On July 28, 2026, Agassi Sports Entertainment Corp. entered into a $1,000,000 convertible promissory note with Investments AKA, LLC, an entity owned and controlled by Andre Agassi (the company's largest beneficial stockholder). The note accrues interest at 3.96% per annum, compounded semi-annually, with a default rate of 10% per annum. Unless earlier converted, the principal and accrued interest are due July 27, 2027. The note will automatically convert into the same securities issued to new-money investors in the company's next equity financing that generates gross proceeds of at least $3,000,000, at the conversion price paid by those new-money investors. If no such financing occurs by the maturity date, the note remains due in full.

## Terms
- Counterparty: Investments AKA, LLC · Deal value: $1.0M · Consideration: cash

## Key dates
- Announced 2026-07-30

## Timeline
- 2026-07-30 · 8-K (0001493152-26-035332): 8-K - Agassi Sports Entertainment Corp. — *Agassi Sports Entertainment Corp. is a retail-miscellaneous retail company incorporated in Nevada.* On July 28, 2026, Agassi Sports Entertainment Corp. entered into a $1,000,000 convertible promissory note with Investments AKA, LLC, an entity owned and controlled by Andre Agassi (the company's largest beneficial stockholder). The note accrues interest at 3.96% per annum, compounded semi-annually, with a default rate of 10% per annum. Unless earlier converted, the principal and accrued interest are due July 27, 2027. The note will automatically convert into the same securities issued to new-money investors in the company's next equity financing that generates gross proceeds of at least $3,000,000, at the conversion price paid by those new-money investors. If no such financing occurs by the maturity date, the note remains due in full.
  https://www.sec.gov/Archives/edgar/data/930245/0001493152-26-035332.txt

## Citations
- 0001493152-26-035332 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000149315226035332