Andre Agassi's Beneficial Ownership Rises to 23.3% as Graf Warrants Become Exercisable
AASP sits 38% above its 52-week low of $3.7 on light trading volume (0.1× avg).
Summary
Andre Agassi's beneficial ownership in Agassi Sports Entertainment rises to 23.3% as Graf Warrants become exercisable, and the filing discloses terms of a $1 million convertible note with Investments AKA, LLC.
Key Events · Ownership and Investor Activity · AASP
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Graf Warrants Now Exercisable
The 1,000,000 Graf Warrants (exercise price $5.50) are fully exercisable within 60 days, increasing Andre Agassi's beneficial ownership to 23.3% and Stefanie Graf's to 7.1%.
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AKA Convertible Note Terms Disclosed
The $1,000,000 convertible note with Investments AKA, LLC accrues 3.96% interest, matures July 27, 2027, and automatically converts at the next equity financing of at least $3,000,000.
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Ownership Structure Clarified
Investments AKA, LLC directly holds 1,654,354 shares and controls ASI Group, LLC's 637,044 shares, totaling 2,291,398 shares (17.5% of class).
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Prior Transactions Recapped
The filing recaps prior transactions including the cashless exercise of 705,417 warrants in February 2026 and the $250,000 subscription agreement in April 2026.
Analysis · AASP · Trade & Services
This Amendment No. 6 to the Schedule 13D discloses that the 1,000,000 Graf Warrants held by Stefanie Graf are now fully exercisable within 60 days, pushing Andre Agassi's beneficial ownership to 23.3% and Stefanie Graf's to 7.1%. The filing also details the $1 million AKA Convertible Note entered into on July 28, 2026, which automatically converts at the next equity financing of at least $3 million. The increased ownership stake and the convertible note terms are material new information for investors, especially given the company's going concern warning and recent dilutive resale registrations.
How filings like this one have moved
In the 30 days to Oct 2, 2026, 29.9% of the 1656 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.57%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, AASP was trading at $5.10 on OTC in the Trade & Services sector, with a market capitalization of approximately $66.8M. The 52-week trading range was $3.70 to $8.40. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.