Key Highlights

• Agassi Sports Entertainment (OTC: AASP) updated its registration rights agreement to adjust the filing timeline for resale shares.

• The original compliance date was modified after securing majority investor approval.

• The change, effective June 29, 2026, is reflected in the amended terms.

• Full details are provided in Exhibits 10.1 and 10.2.

Agreement Amendment Announced

Agassi Sports Entertainment Corp. (OTC: AASP) has modified its share registration process, revising the timeline for filing related to shares issued in a private offering. The company obtained the necessary consent from investors to implement this adjustment, ensuring alignment with operational and regulatory requirements.

Updated Compliance Timeline

The revised agreement establishes a new deadline for the required filing, shifting from the previously set date to a later point in July 2026. This adjustment follows approval from a majority of investors who participated in the private offering, as documented in the first amendment to the original agreement.

Effective Date and Requirements

The updated terms became effective on June 29, 2026, as specified in the amended registration rights agreement. Agassi Sports Entertainment remains responsible for submitting the registration statement and pursuing its regulatory clearance in a timely manner following the new deadline.

Investor Consent and Terms

The extension received support from most investors involved in the private offering, demonstrating agreement on the revised schedule. While the adjustment affects the filing timeline, it does not introduce changes to other key provisions of the registration rights agreement.

Regulatory Framework

The adjustment complies with the Securities Exchange Act of 1934, which sets the standards for such filings. The company’s decision reflects a balance between regulatory obligations and practical considerations in the resale registration process.

Shareholder Considerations

Investors should track the company’s filings for the registration statement, which must be submitted by the updated deadline. Agassi Sports Entertainment has indicated its commitment to pursuing regulatory effectiveness without unnecessary delay after filing.

Documentation and Access

The complete details of the amended agreement, along with the original terms, are available in Exhibits 10.1 and 10.2. These documents outline the specific conditions and obligations for all parties involved.

This article is for informational purposes only and does not constitute financial advice. Please consult a licensed financial adviser before making investment decisions.