IPOs & Offerings

Agassi Sports Files S-1 for Resale of 13,981,982 Common Shares

Agassi Sports Entertainment Corp. filed a preliminary Form S-1 registration statement covering resales by named selling shareholders, including shares that may be issued upon warrant exercises.

By Carter Hayes ·

Key takeaways

  • The preliminary prospectus covers up to 13,981,982 common shares for resale or other disposition by named selling shareholders.
  • The registered shares include 10,694,606 outstanding shares and 3,287,376 shares issuable upon the exercise of certain warrants.
  • Agassi Sports said it is not selling shares under the prospectus and will not receive proceeds from sales by the selling shareholders.
  • The filing states that the registration statement must become effective before the selling shareholders may sell securities under the preliminary prospectus.

Preliminary resale registration filed

Agassi Sports Entertainment Corp. filed a Form S-1 registration statement with the U.S. Securities and Exchange Commission on July 31, 2026. The preliminary prospectus relates to the resale or other disposition of up to 13,981,982 shares of common stock by the selling shareholders named in the prospectus.

The share total consists of 10,694,606 outstanding common shares and 3,287,376 common shares that may be issued upon the exercise of certain warrants. The filing identifies these as shares that may be offered from time to time by the selling shareholders.

The registration statement is not yet effective, and the preliminary prospectus says it may be changed. The filing also states that registering the shares does not mean the selling shareholders will offer or sell them.

Proceeds and trading information

Agassi Sports states that it is not selling shares under the prospectus and will not receive proceeds from sales made by the selling shareholders. The selling shareholders would bear commissions and discounts associated with their sales, while the company would bear registration-related costs, expenses and fees.

The company’s common stock is quoted on OTCID under the symbol AASP. Agassi Sports reported a last sale price of $6.40 on July 30, 2026, and disclosed that there is a limited public trading market for its common stock.

Agassi Sports also said it has applied to list its common stock on the Nasdaq Capital Market. The company stated that it does not currently meet Nasdaq’s uplisting requirements and that its application may not be approved.

Digital platform plans

The filing describes a planned digital platform and mobile application focused on racket sports. It states that the platform and app were in beta testing and were planned to launch by the beginning of the fourth quarter of 2026, subject to the company’s plans and funding.

Agassi Sports estimated the cost to implement the digital platform at approximately $2,700,000. The company also disclosed a need for additional capital to fund operations and satisfy obligations as one of its listed risks.