SCHEDULE: Agassi Entities Boost Stake in Sports Entertainment Corp.

Andre Agassi-related entities increased their beneficial ownership in Agassi Sports Entertainment Corp. to 17.9% following a cashless warrant exercise.

Summary

• Reporting Persons, including Investments AKA, LLC, Agassi Ventures, LLC, The Andre Agassi Trust, ASI Group, LLC, and Andre K. Agassi, increased their beneficial ownership in Agassi Sports Entertainment Corp.
• The aggregate beneficial ownership for the primary group (Investments AKA, LLC, Agassi Ventures, LLC, The Andre Agassi Trust, and Andre K. Agassi) is 2,240,398 shares, representing 17.9% of the outstanding Common Stock.
• ASI Group, LLC, a subsidiary of Investments AKA, LLC, directly holds 637,044 shares, which constitutes 5.1% of the outstanding Common Stock and is included in the larger group's beneficial ownership.
• This increase resulted from the cashless exercise of warrants on February 6, 2026, which yielded a net of 651,231 shares of Common Stock to Investments AKA, LLC.
• The warrants, issued on July 3, 2024, allowed for the purchase of 705,417 shares at an exercise price of $0.397 and were acquired in connection with services provided by Andre K. Agassi.
• The percentage ownership is based on 12,534,027 shares of Common Stock outstanding as of February 10, 2026, after the warrant exercise.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive development, as increased insider ownership, especially from a prominent figure like Andre Agassi, typically signals confidence in the company's future, even if it stems from a pre-existing warrant agreement.

Positives

• Increased beneficial ownership by key insiders (Andre K. Agassi and related entities) signals continued commitment to the company.
• The cashless exercise of warrants allowed for the acquisition of additional shares without requiring new capital outlay from the reporting persons.

Risks

• The Reporting Persons retain the right to change their investment intent, potentially acquiring or disposing of shares in the future, which could impact the stock price.

Future Outlook

The Reporting Persons currently have no plans for extraordinary corporate transactions, changes in management, capitalization, or corporate structure. However, they retain the right to change their investment intent and may acquire or dispose of additional securities in the future based on market conditions and other factors.

Management Comments

• The principal occupation of Andre K. Agassi, a retired professional tennis player, is Chairman of the Andre Agassi Foundation for Education and Chairman of Agassi Graf Holdings, LLC.
• The principal business of Agassi Ventures, LLC, ASI Group LLC and Investments AKA, LLC is to hold and manage investments for entities related to Mr. Agassi.

Industry Context

StockSavvy.ai notes that an increase in beneficial ownership by a prominent figure like Andre Agassi and his related entities can be viewed positively by the market, signaling confidence in the company's long-term prospects within the sports and entertainment sector. Such insider activity often attracts investor attention, particularly when it involves a cashless exercise, indicating a strategic rather than a liquidity-driven move.

Comparison to Industry Standards

• StockSavvy.ai observes that a 17.9% beneficial ownership stake by a founder or key figure group, such as Andre Agassi's entities, is a substantial position, often seen in early-stage or growth companies where founders maintain significant control and influence.
• For instance, similar high insider ownership percentages are observed in companies like Tesla (Elon Musk's stake) or Amazon (Jeff Bezos's historical stake), where the founder's vision and commitment are central to the company's identity and strategy.
• While Agassi Sports Entertainment Corp. is not directly comparable in scale to these giants, the concentration of ownership by the Agassi group suggests a similar level of vested interest and potential for strategic direction, which can be a stabilizing factor for investors.

Related Party Transactions

• The warrants were issued to Investments AKA, LLC in connection with services provided, and to be provided, by Andre K. Agassi, either individually or through AKA (or a related entity).

Stakeholder Impact

• Shareholders: Increased insider ownership may instill confidence, but the potential for future dispositions by reporting persons could introduce volatility.
• Management: Continued strong alignment with Andre K. Agassi and his entities, who hold significant influence.

Next Steps

• Reporting Persons may purchase or acquire additional securities of the Issuer.
• Reporting Persons may dispose of some or all of the securities they currently own.

Key Dates

Recommendation

The filing indicates a strengthening of insider ownership through the exercise of pre-existing warrants, which is a positive signal of continued commitment from Andre Agassi and his related entities. However, it does not introduce new strategic initiatives or financial performance data that would warrant a 'buy' recommendation. The 'hold' recommendation reflects the stability provided by increased insider stake while awaiting further operational or financial updates from Agassi Sports Entertainment Corp. The reporting persons also explicitly state they may dispose of shares in the future, which adds a note of caution.

Keywords

Agassi Sports Entertainment Corp., Andre Agassi, Schedule 13D, Beneficial Ownership, Warrant Exercise, Insider Ownership, ASEC, Investments AKA LLC, Agassi Ventures LLC, The Andre Agassi Trust, ASI Group LLC