Agassi Sports Entertainment Corp. (AASP): Entry into a Material Definitive Agreement
Agassi Sports Entertainment Corp. (AASP) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. EX-10.2 4 exhibit10-2.htm FORM OF LOCK-UP AGREEMENT Filed by Avantafile.com - Agassi Sports Entertainment Corp. - Exhibit 10.2 LOCK-UP AGREEMENT This Lock-Up Agreement (this “ Agreement ”) is made and entered into as of May 27, 2026 between (i) Agassi Sports Entertainment Corp.,
How this was made
The 30-second read
Why it matters
The agreement restricts transfers of the holder’s 2024 shares (and related warrant interests) through Dec. 15, 2026, and grants warrants equal to 25% of the holder’s 2024 shares to incentivize non-selling during the lock-up period.
Market read
Traders may monitor this for future dilution/supply timing, but the filing excerpt lacks key economic terms (e.g., warrant exercise price) that would drive valuation changes.
What to watch
The excerpt doesn’t state the warrant exercise price, expected dilution, or whether other holders have similar restrictions—those details would better determine net supply impact.
Background
Agassi Sports entered a November 2024 private placement selling 2,631,543 shares at $0.95/share; the lock-up agreement is tied to Rule 144 eligibility around June 5, 2026.
Ticker impact
Agassi Sports filed an 8-K lock-up agreement tied to its November 2024 private placement, restricting transfers until Dec. 15, 2026.
Likely limited immediate impact; any effect is more about future liquidity/overhang than a new capital raise.
This is a primary SEC filing describing transfer restrictions and warrant mechanics, but the excerpt provides no proceeds, valuation, or market-facing guidance beyond the lock-up period and warrant percentage.
Market effects
Minimal; this is company-specific capital-markets documentation rather than a sector-wide regulatory or operational change.
None indicated.
None indicated.
Counterpoint
The lock-up may be offset by warrant-driven future selling once eligible, so reduced overhang today could translate into supply later.
Key entities
- issuerAgassi Sports Entertainment Corp.
Subject of the SEC 8-K; entered into a lock-up agreement with a private placement investor/holder.
- investorHolder (lock-up counterparty)
Undersigned holder of common stock purchased in the November 2024 private placement; receives warrants in exchange for transfer restrictions.
