SCHEDULE: Agassi Sports Entertainment Corp. - Schedule 13D Filing
Beneficial Ownership Filing
Ronald S. Boreta and associated entities report increased beneficial ownership of Agassi Sports Entertainment Corp. common stock to 19.2%.
Summary
- This filing is an amendment (Amendment No. 2) to a Schedule 13D, reporting changes in beneficial ownership of Agassi Sports Entertainment Corp. (the "Issuer") common stock.
- The reporting persons include Ronald S. Boreta, All-American Golf Center, Inc. ("AAGC"), the Boreta Lifetime Trust ("Boreta Trust"), and Boreta Enterprises, Ltd. ("Enterprises").
- Ronald S. Boreta, as President and CEO of the Issuer, and controlling member/trustee of the other reporting entities, may be deemed to beneficially own securities held by AAGC (0 shares), Enterprises (360,784 shares), and the Boreta Trust (1,546,390 shares).
- As of June 26, 2026, the total number of outstanding shares of common stock was 13,047,037.
- Ronald S. Boreta directly beneficially owns 2,509,403 shares, representing 19.2% of the class.
- The Boreta Trust acquired 1,000 shares on February 3, 2026, for $5.00 per share in an open market purchase.
- The Boreta Trust also purchased 50,000 shares on March 13, 2026, for $5.00 per share from the Company in a private offering, which includes standard piggy-back registration rights for three years.
- On June 30, 2026, AAGC transferred 1,495,390 shares to the Boreta Trust for no consideration, for estate planning purposes.
- The reporting persons may purchase or dispose of additional securities in the future, but currently have no specific plans for extraordinary corporate actions, changes in management, capitalization, dividend policy, or business structure.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral, primarily reporting on ownership changes and transfers for estate planning rather than new strategic initiatives or financial performance.
Positives
- Ronald S. Boreta's beneficial ownership has increased to 19.2% of the Issuer's common stock.
- The Boreta Trust acquired shares through open market purchases and a private offering, indicating continued investment.
- A significant transfer of shares (1,495,390) from AAGC to the Boreta Trust for estate planning purposes suggests long-term strategic management of holdings.
- The private offering shares include standard piggy-back registration rights, offering potential future liquidity.
Negatives
- All-American Golf Center, Inc. (AAGC) now holds 0 shares of common stock.
- The filing does not detail the financial performance or operational status of Agassi Sports Entertainment Corp., focusing solely on ownership changes.
Risks
- Future purchases or dispositions of securities by the reporting persons could impact the stock price.
- While no current plans are disclosed, the reporting persons retain the right to change their investment intent, potentially leading to future actions that could affect the company's structure or control.
Future Outlook
The reporting persons may purchase or acquire additional securities of the Issuer or dispose of some or all of their currently owned securities in the future. However, they currently have no specific plans or proposals that would result in any material changes to the Issuer's business, corporate structure, capitalization, or management.
Management Comments
- Ronald S. Boreta, as trustee of the Boreta Trust, President of AAGC, and CEO of Enterprises, controls the investment decisions of these entities.
- Ronald S. Boreta, in his capacity as Director and Chief Executive Officer of the Issuer, may become aware of, initiate, and/or be involved in discussions related to transactions, retaining the right to modify plans.
Industry Context
StockSavvy.ai notes that Schedule 13D filings are crucial for tracking significant changes in beneficial ownership, often indicating shifts in control or investment strategies. This filing details a substantial increase in holdings by a key executive and associated entities within the sports entertainment sector.
Related Party Transactions
- Transfer of 1,495,390 shares of common stock from AAGC to the Boreta Trust for no consideration on June 30, 2026, for estate planning purposes.
Stakeholder Impact
- Shareholders may observe increased concentration of ownership by key management.
- The transfer of shares for estate planning suggests long-term stability in the Boreta family's commitment to the company.
Next Steps
- Reporting persons may acquire additional securities or dispose of existing holdings.
- The Boreta Trust holds registration rights for shares purchased in the private offering for a period of three years.
Key Dates
| Date | Description |
|---|---|
| 2026-02-03 | Boreta Trust purchased 1,000 shares of common stock in an open market purchase. |
| 2026-03-13 | Boreta Trust purchased 50,000 shares of common stock from the Company in a private offering. |
| 2026-06-26 | Date as of which the Issuer's transfer agent confirmed the number of outstanding shares of common stock. |
| 2026-06-30 | Effective date of AAGC's transfer of 1,495,390 shares of common stock to the Boreta Trust. |
| 2026-07-01 | Date of the signatures on the Schedule 13D filing. |
Keywords
Schedule 13D, Agassi Sports Entertainment Corp., Ronald S. Boreta, Beneficial Ownership, Securities, Common Stock, Amendment, Nevada, Boreta Lifetime Trust, Boreta Enterprises, AAGC, Stock Transfer, Estate Planning
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