Agassi Sports Entertainment Corp.
AASP · Retail-Miscellaneous Retail · 12.7M shares · +0%/yr ↓ buyback · EDGAR filings ↗
Reference price $5.00 · est. market cap ~$64M — last insider purchase, 2026-04-28 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
F33Pre-revenue pickleball/sports-entertainment shell with going-concern doubt and a $39.6M accumulated deficit.
Strengths
- Andre Agassi brand association and a small recent equity raise
- Nominal current-ratio cushion (1.0)
Risks
- No revenue, $9.5M net loss, ROE -31 / ROA -11.9, explicit going-concern doubt and material weaknesses
- Large IBM payment obligations versus only ~$96K cash; penny stock, insider control, dilution
Notable findings
- Going concern• Our need for additional capital raises substantial doubt about our ability to continue as a going concern
- Exec changeRecent 8-K item 5.02 8-K ↗
- Material weakness13 Regulatory, Corporate Governance and Reporting Risks • We have identified material weaknesses in our internal control over financial reporting and disclosure controls and procedures and fail
- Insider buyingInsider buying — 6 open-market buy(s) by 3 insider(s) (cluster of 3 insiders, ~$269,000, last 6mo) Form 4 ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Return on equity
-3101.4%
Return on assets
-1185.8%
Revenue growth (QoQ)
32.2%
Current ratio
1.0×
Tangible book value
$10K
Cash & investments
$96K
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-04-28 | AGASSI ANDRE K | Buy | 50K | $5.00 |
| 2026-03-23 | Cable Shawn Corey | Buy | 1.0K | $4.15 |
| 2026-03-13 | BORETA RONALD S | Grant | 50K | $5.00 |
| 2026-02-11 | AGASSI ANDRE K | Buy | 1.0K | $4.50 |
| 2026-02-06 | AGASSI ANDRE K | Option exercise | 705K | $0.40 |
| 2026-02-06 | AGASSI ANDRE K | Tax withheld | 54K | $5.17 |
| 2026-02-04 | Askew James M. | Option exercise | 2.3M | $0.40 |
| 2026-02-04 | Askew James M. | Tax withheld | 172K | $5.24 |
| 2026-02-03 | BORETA RONALD S | Buy | 1.0K | $5.00 |
| 2026-01-27 | Cable Shawn Corey | Buy | 500 | $5.35 |
| 2026-01-26 | Cable Shawn Corey | Buy | 500 | $5.35 |
| 2025-06-30 | Boreta John Anthony | Other | 1.5M | — |
| 2025-06-30 | Boreta John Anthony | Other | 361K | — |
All non-derivative Form 4 activity (SEC), newest first.
Supply chain
Customers (0)
Suppliers (1)
Named in the 10-K; linked when we track them.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-25 | Material agreementDebt obligation3.02Exhibits | filing ↗ |
| 2026-06-10 | Material agreement3.02Reg FDExhibits | filing ↗ |
| 2026-06-05 | Material agreement3.02Exhibits | filing ↗ |
| 2026-05-26 | Reg FDExhibits | filing ↗ |
| 2026-05-08 | Exec/director changeExhibits | filing ↗ |
| 2026-04-30 | Material agreement3.02Exhibits | filing ↗ |
| 2026-03-26 | Exec/director changeExhibits | filing ↗ |
| 2026-03-17 | Material agreement3.02 | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-25 | 2026-06-18 | 0001472375-26-000179 ↗ |
| 8-K | 2026-06-10 | 2026-06-04 | 0001472375-26-000160 ↗ |
| 8-K | 2026-06-05 | 2026-05-22 | 0001472375-26-000150 ↗ |
| 8-K | 2026-05-26 | 2026-05-26 | 0001472375-26-000145 ↗ |
| 10-Q | 2026-05-13 | 2026-03-31 | 0001472375-26-000143 ↗ |
| 8-K | 2026-05-08 | 2026-05-06 | 0001472375-26-000136 ↗ |
| 8-K | 2026-04-30 | 2026-04-28 | 0001472375-26-000130 ↗ |
| 10-K | 2026-03-31 | 2025-12-31 | 0001472375-26-000109 ↗ |
| 8-K | 2026-03-26 | 2026-03-23 | 0001472375-26-000095 ↗ |
| 8-K | 2026-03-17 | 2026-03-13 | 0001472375-26-000079 ↗ |
| 8-K | 2026-02-25 | 2026-02-25 | 0001472375-26-000054 ↗ |
| 8-K | 2026-02-17 | 2026-02-17 | 0001472375-26-000040 ↗ |