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Agassi Sports Entertainment enters $1 million convertible note financing with Investments AKA

Agassi Sports Entertainment enters $1 million convertible note financing with Investments AKA

ReutersReuters2026/07/30 12:32
  • Agassi Sports Entertainment entered a USD 1 million Convertible Promissory Note with Investments AKA on July 28, 2026.
  • Note carries 3.96% fixed interest, compounded semi-annually; rate steps up to 10% following an event of default.
  • Matures July 27, 2027 unless it converts in the next equity financing raising at least USD 3 million in gross proceeds.
  • Automatic conversion price matches the cash price paid by new-money investors in that financing.
  • Proceeds earmarked for general working capital.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Agassi Sports Entertainment Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-035332), on July 30, 2026, and is solely responsible for the information contained therein.

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