Agassi Sports Entertainment CORP. 8-K Filing

Key Financial Figures

• $2,134,716 — 026, in exchange for a total payment of $2,134,716, payable in monthly installments in acc
• $100,000 — ance with the terms of SoW 1, including $100,000 within 15 days after invoice from IBM,
• $204,387 — 25, and January and February 2026, with $204,387 due before February 28, 2026 and $613,1
• $613,161 b — 04,387 due before February 28, 2026 and $613,161 before March 20, 2026, and $229,292 due f
• $229,292 — and $613,161 before March 20, 2026, and $229,292 due for each of March through June 2026
• $2,953,000 — itionally, IBM has agreed to provide us $2,953,000 in investments, including amounts provi

Filing Documents

• ixform8k.htm (8-K) — 29KB
• exhibit10-1.htm (EX-10.1) — 167KB
• exhibit10-2.htm (EX-10.2) — 29KB
• exhibit10-3.htm (EX-10.3) — 189KB
• exhibit99-1.htm (EX-99.1) — 11KB
• ex102pg4b.gif (GRAPHIC) — 6KB
• ex103pg17a.gif (GRAPHIC) — 32KB
• ibmlogo.gif (GRAPHIC) — 1KB
• 0001472375-25-000120.txt ( ) — 702KB
• aasp-20251031.xsd (EX-101.SCH) — 3KB
• aasp-20251031_lab.xml (EX-101.LAB) — 33KB
• aasp-20251031_pre.xml (EX-101.PRE) — 22KB
• ixform8k_htm.xml (XML) — 3KB

01 Entry into a Material

Item 1.01 Entry into a Material Definitive Agreement. Partnership Agreement for Consulting Services On October 31, 2025, Agassi Sports Entertainment Corp. (the " Company, " " us, " " we, " or " our "), entered into a Partnership Agreement for Consulting Services (the " Services Agreement ") and a Commitment Agreement (the " Commitment Agreement ") with IBM Norge AS (" IBM "). Pursuant to the Services Agreement, IBM will provide us certain consulting services to be described in one or more statements of work. The first statement of work, entered into simultaneously with the Services Agreement (" SoW 1 "), provides for IBM to create a website, mobile application, e-commerce, and A.I.-powered video analysis model for the Company (the " A.I. Model ") designed to serve the racquet sports community and create multiple revenue streams between November 1, 2025 and June 30, 2026, in exchange for a total payment of $2,134,716, payable in monthly installments in accordance with the terms of SoW 1, including $100,000 within 15 days after invoice from IBM, for each of November and December 2025, and January and February 2026, with $204,387 due before February 28, 2026 and $613,161 before March 20, 2026, and $229,292 due for each of March through June 2026. We are also required to reimburse certain travel expenses, living expenses, and reasonable expenses incurred by IBM in connection with the services provided under SoW 1. Pursuant to the Commitment Agreement, once the mobile application is launched and based on revenue projections provided by IBM, the Company is obligated to purchase additional services from IBM Consulting, a business unit of IBM, over a period beginning on or before June 30, 2026 and ending on October 31, 2030 (the " Commitment Period "). As additional consideration for IBM's investment in providing the services under the Commitment Agreement, IBM will receive a performance bonus of between 2 and 2.5% (depending on the phase of services provided) of the

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure On November 5, 2025, the Company and IBM issued a press release announcing the transactions discussed above, a copy of which press release is furnished herewith as Exhibit 99.1 and is incorporated into this Item 7.01 by reference. In accordance with General Instruction B.2 of Form 8-K, the information under this item and Exhibit 99.1 shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing. This report will not be deemed an admission as to the materiality of any information required to be disclosed solely to satisfy the requirements of Regulation FD. Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Exhibit Description 10.1*# Partnership Agreement for Consulting Services dated October 31, 2025, by and between Agassi Sports Entertainment Corp. and IBM Norge AS 10.2*# Commitment Agreement dated October 31, 2025, by and between Agassi Sports Entertainment Corp. and IBM Norge AS 10.3*# of Work 1 (SOW 1) – Agassi Digital Transformation Partner, dated October 31, 2025, by and between Agassi Sports Entertainment Corp. and IBM Norge AS 99.1** Press release dated November 5, 2025 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) * Filed herewith. ** Furnished herewith. # Certain confidential portions of this Exhibit were omitted by means of marking such portions with brackets ("[***]") because the identified confidential portions (i) are not material and (ii) the Company customarily and actually treats that information as private or confidential. Certain schedules and exhibits have been omitted pursuant to Item 601(a)(5) of Regulation S-K. The Company agrees to furnish supplementally a copy of such schedu

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Agassi Sports Entertainment Corp. By: /s/ Ronald S. Boreta Date: November 5, 2025 Name: Ronald S. Boreta Title: Chief Executive Officer

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