# EDGAR Filing Document

**Accession Number:** 0000930245
**File Stem:** 0001472375-25-000058
**Filing Date:** 2025-6
**Character Count:** 141687
**Document Hash:** f525a78b9e17bfbb0d8a3d6d04273acb
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001472375-25-000058.hdr.sgml**: 20250604

**ACCESSION NUMBER**: 0001472375-25-000058

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 16

**CONFORMED PERIOD OF REPORT**: 20250531

**ITEM INFORMATION**: Entry into a Material Definitive Agreement

**ITEM INFORMATION**: Completion of Acquisition or Disposition of Assets

**ITEM INFORMATION**: Unregistered Sales of Equity Securities

**ITEM INFORMATION**: Change in Shell Company Status

**ITEM INFORMATION**: Regulation FD Disclosure

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20250604

**DATE AS OF CHANGE**: 20250604

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Agassi Sports Entertainment Corp.
- **CENTRAL INDEX KEY:** 0000930245
- **STANDARD INDUSTRIAL CLASSIFICATION:** RETAIL-MISCELLANEOUS RETAIL [5900]
- **ORGANIZATION NAME:** 07 Trade & Services
- **EIN:** 880203976
- **STATE OF INCORPORATION:** NV
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-24970
- **FILM NUMBER:** 251021964

**BUSINESS ADDRESS:**
- **STREET 1:** 1120 N. TOWN CENTER DR #160
- **CITY:** LAS VEGAS
- **STATE:** NV
- **ZIP:** 89144
- **BUSINESS PHONE:** 702-400-4005

**MAIL ADDRESS:**
- **STREET 1:** 1120 N. TOWN CENTER DR #160
- **CITY:** LAS VEGAS
- **STATE:** NV
- **ZIP:** 89144

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GLOBAL ACQUISITIONS Corp
- **DATE OF NAME CHANGE:** 20210218

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ALL AMERICAN SPORTPARK INC
- **DATE OF NAME CHANGE:** 19990121

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SAINT ANDREWS GOLF CORP
- **DATE OF NAME CHANGE:** 19940916

?xml version='1.0' encoding='ASCII'? Filed by Avantafile.com - Agassi Sports Entertainment Corp. - Form 8-K

------

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, DC 20549**

**FORM 8-K**

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934**

Date of Report (Date of earliest event reported): May 31, 2025

**AGASSI SPORTS ENTERTAINMENT CORP.**

(Exact Name of Registrant as Specified in its Charter)

---

| | | |
|:---|:---|:---|
| **Nevada** | **000-24970** | **88-0203976** |
| (State or Other Jurisdiction<br>of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) |

---

---

| | |
|:---|:---|
| **1120 N. Town Center Dr #160**<br>**Las Vegas, NV** | **89144** |
| (Address of Principal Executive Offices) | (Zip Code) |

---

Registrant's telephone number, including area code: (702) 400-4005

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (*see* General Instruction A.2. below):

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e 4(c))

Securities registered pursuant to Section 12(b) of the Act: None.

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company [ ]

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]

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| | |
|:---|:---|
| **Item 1.01** | **Entry into a Material Definitive Agreement.** |

---

*<u>Trademark Acquisition Agreement</u>*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; On May 31, 2025, Agassi Sports Entertainment Corp., *formerly known as* Global Acquisitions Corp. (the "<u>Company,</u>" "<u>us,</u>" "<u>we,</u>" or "<u>our</u>"), entered into a Trademark Acquisition Agreement with Patrick J. Rolfes and Ted Angelo, the owners of the trademark for "*<u>World Series of Pickleball</u>*" (the "<u>Trademark</u>"). Pursuant to the Trademark Acquisition Agreement, we acquired all rights to, and ownership of, the Trademark, in consideration for $25,000 in cash and warrants to purchase 50,000 shares of the Company's common stock (with warrants to purchase 25,000 shares granted to each seller)(the "<u>Warrants</u>").

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Trademark Acquisition Agreement includes customary representations and indemnification obligations of the sellers, for a transaction of the size and type, as the Trademark acquisition. As additional consideration payable to each of the sellers, we agreed that during the lifetime of each of the sellers, we would furnish them an aggregate of six (6) VIP tickets to all World Series of Pickleball events produced by or on behalf of the Company. Such tickets are subject to all the rules and regulations, including standards of behavior, applicable to tickets generally.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Warrants have an exercise price of $5.75 per share (the closing sales price of the Company's common stock on the last trading day prior to the entry into the Trademark Acquisition Agreement) and a three year term and are exercisable only on a cash basis. The Warrants include a 4.999% beneficial ownership limitation, which can be increased to 9.999% by either holder, with at least 61 days prior written notice to the Company.

The foregoing description of the Trademark Acquisition Agreement and Warrants does not purport to be complete and is qualified in its entirety by reference to the full text of the form of Trademark Acquisition Agreement and Common Stock Purchase Warrants filed with this Current Report on Form 8-K as <u>Exhibits 10.1</u>, <u>4.1</u> and <u>4.2</u>, respectively, and incorporated herein by reference.

**Item 2.01 Completion of Acquisition or Disposition of Assets.**

The information contained in <u>Item 1.01</u>, above under the heading "*<u>Trademark Acquisition Agreement</u>*" is hereby incorporated by reference into this <u>Item 2.01</u> in its entirety.

**Item 3.02 Unregistered Sales of Equity Securities.**

The information contained in <u>Item 1.01</u>, above under the heading "*<u>Trademark Acquisition Agreement</u>*" is hereby incorporated by reference into this <u>Item 3.02</u> in its entirety.

The Company claims an exemption from registration pursuant to Section 4(a)(2) and/or Rule 506 of the Securities Act of 1933, as amended (the "<u>Securities Act</u>"), for the grant of the Warrants since the foregoing grant did not involve a public offering, the recipients took the securities for investment and not resale, and we took appropriate measures to restrict transfer. The securities are subject to transfer restrictions, and the securities contain an appropriate legend stating that such securities have not been registered under the Securities Act and may not be offered or sold absent registration or pursuant to an exemption therefrom.

If exercised in full a maximum of 50,000 shares of common stock would be issuable upon exercise of the Warrants.

**Item 5.06. Change in Shell Company Status.**

As previously reported by the Company in the Company's Quarterly Report on Form 10-Q for the quarter ended September 30, 2024, in November 2024, the Company's management determined to cease seeking out business opportunities, mergers or acquisitions, and instead to launch an operating strategy to become a leader in the global sports entertainment and media industry. The Company's efforts are initially focused on court sports, beginning with planned growth opportunities associated with branding and growing the pickleball and padel industries, both of which are currently experiencing significant growth. The Company expects its publicly-traded structure to provide a way for the investing public to participate in these exciting and rapidly growing markets.

We currently plan to create and manage unique content, building sports communities around entertainment, media, wellness, education, commerce, and charitable efforts.

By identifying opportunities for co-branding, partnering, and acquisitions, we plan to develop trusted brands in sports entertainment and bring them together under the Company's brand.

Our business model is designed around proprietary and curated content supported by planned sponsorships, brand relationships, live event hosting, e-commerce and merchandising, and licensing and media rights.

We currently plan to undertake the following, funding permitting:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Acquire, build and/or create physical facilities, leagues, tournaments, events, social communities, and merchandisers.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Develop strategic relationships with "Best of Class" operators and developers in key segments within the pickleball and padel communities through co-branding and acquisition opportunities.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Develop our "ACE Program" of certifying facilities, social media communities, content creators, coaches, third-party leagues, and events under a planned marketing brand.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Create and distribute proprietary and curated content through various media channels.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• IP development and collaboration.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Charitable initiatives through our planned Pickleball for All program.

We also plan to launch a "Pickleball for All" charitable initiative to introduce, grow, and develop pickleball in underserved and disadvantaged communities across the United States. We expect to work with best of class brands to provide access to our "Fun for Free" courts and equipment in public parks, schools, and other locations that will serve as home courts to communities across the country for social wellness, practice, learning, and pickleball fun for all. We plan to work with select merchandisers and retailers to create quality equipment and offer merchandise at price points which will appeal to beginners and families, with a portion of the revenue to be reinvested into the Pickleball for All program.

Together with its entry into, and the closing of the transactions contemplated by, the Trademark Acquisition Agreement, and its change in business focus as discussed above, the Company is no longer a "shell company" (as such term is defined in Rule 12b-2 under the Securities Exchange Act of 1934, as amended), and effective on the date of the closing of the Trademark Acquisition Agreement, May 31, 2025, the Company ceased being a "<u>shell Company</u>", and transitioned to being a start-up/development stage company. In connection therewith, the Company now has (i) a specific business plan and purpose which required significant expertise and dedication from management to develop, (ii) a conscionable plan of operations upon which it is executing, (iii) a clear revenue generation strategy, and (iv) the incurrence of operating expenses consistent with a Company that is in its development stage, each as discussed above, and in the Annual Report and 1Q25 Form 10-Q. Further, the Company has for some time been engaging in discussions and negotiations regarding brand and collaboration agreements, and has expended expenses towards those endeavors, and other tasks relating to the launch of its operating business.

In connection with the Company ceasing to be a "<u>shell company</u>" and exiting shell company status, the Company is required to provide certain information relating to its operations, business, and financial information, typically included in a Form 10 registration statement. Pursuant to the instructions related to "*Item 5.06. Change in Shell Company Status*" of a Current Report on Form 8-K, for purposes of this Current Report, we may identify the filings in which certain information required to be disclosed as "Form 10 Information" is included instead of disclosing that information in this Current Report; provided, however, this Current Report is required to supplement the information disclosed in such filings.

**Definitions**

Unless the context requires otherwise, references to the "<u>Company,</u>" "<u>we,</u>" "<u>us,</u>" "<u>our,</u>" "Agassi", "<u>Agassi Sports Entertainment</u>" and "<u>Agassi Sports Entertainment Corp.</u>" refer specifically to Agassi Sports Entertainment Corp., *formerly known as* Global Acquisitions Corporation.

In addition, unless the context otherwise requires and for the purposes of this Report only:

● "<u>Exchange Act</u>" refers to the Securities Exchange Act of 1934, as amended;

● "<u>SEC</u>" or the "<u>Commission</u>" refers to the United States Securities and Exchange Commission; and

● "<u>Securities Act</u>" refers to the Securities Act of 1933, as amended.

**Cautionary Statement Regarding Forward-Looking Information**

This Current Report on Form 8-K (this "<u>Report</u>") contains forward-looking statements. In some cases, you can identify forward-looking statements by the following words: "<u>anticipate,</u>" "<u>believe,</u>" "<u>continue,</u>" "<u>could,</u>" "<u>estimate,</u>" "<u>expect,</u>" "<u>intend,</u>" "<u>may,</u>" "<u>ongoing,</u>" "<u>plan,</u>" "<u>potential,</u>" "<u>predict,</u>" "<u>project,</u>" "<u>should,</u>" or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainties and other factors that may cause our results, levels of activity, performance or achievements to be materially different from the information expressed or implied by the forward-looking statements in this Report. These factors include:

• our lack of a significant operating history;

• the ability of the Company to raise funding to support its operational plans, the terms of such financing and potential dilution caused thereby;

• the ability of the Company to complete the steps necessary to continue its current operational plan, the costs associated therewith, timing relating thereto, and the ability of the Company to generate revenues associated therewith;

• the concentration of ownership of the Company's securities;

• the market for the Company's planned services, including the market for pickleball and padel;

• competition in the Company's industry;

• current negative operating cash flows and a need for additional funding to finance our operating plans;

• the terms of any further financing, which may be highly dilutive and may include onerous terms;

• increases in interest rates which may make borrowing more expensive and increased inflation which may negatively affect costs, expenses and returns;

• geopolitical events and regulatory changes; and the effect of changing interest rates and inflation, economic downturns and recessions, tariffs and trade wars, declines in economic activity or global conflicts;

• the loss of key personnel or failure to attract, integrate and retain additional personnel;

• corporate governance risks;

• the level of competition in our industry and our ability to compete;

• our ability to respond to changes in our industry;

• our ability to protect our intellectual property and not infringe on others' intellectual property;

• our ability to scale our business;

• changes in laws and regulations;

• the market for our common stock;

• our ability to effectively manage our growth;

• dilution to existing stockholders;

• costs and expenses associated with being a public company;

• risks of economic slowdowns and recessions;

• changes in inflation and interest rates, supply constraints, and possible recessions caused thereby;

• economic downturns both in the United States and globally;

• risk of increased regulation of our operations; and

• other risk factors included under, or incorporated by reference in, "Risk Factors" below.

You should read the matters described in, and incorporated by reference in, "<u>Risk Factors</u>" and the other cautionary statements made in this Report, as being applicable to all related forward-looking statements wherever they appear in this Report. We cannot assure you that the forward-looking statements in this Report will prove to be accurate and therefore prospective investors are encouraged not to place undue reliance on forward-looking statements. Other than as required by law, we undertake no obligation to update or revise these forward-looking statements, even though our situation may change in the future.

**Item 1. Business**

Information about the business of the Company is incorporated by reference to "*Item 1. Business*" of the Company's [Annual Report on Form 10-K](https://www.sec.gov/ix?doc=/Archives/edgar/data/930245/000147237525000028/ixform10k.htm) for the fiscal year ended December 31, 2024, filed with the Commission on March 26, 2025 (the "<u>Annual Report</u>"), and "*Part I-Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations*" of the Company's [Quarterly Report on Form 10-Q](https://www.sec.gov/ix?doc=/Archives/edgar/data/930245/000147237525000051/ixform10q.htm) for the quarter ended March 31, 2025, filed with the Commission on May 14, 2025 (the "<u>1Q25 Form 10-Q</u>").

**Item 1A. Risk Factors**

A discussion of the material factors that make an investment in the Company speculative or risky is incorporated by reference to *Part I, Item 1A* of the Annual Report under the heading "[*Risk Factors*](https://www.sec.gov/Archives/edgar/data/930245/000147237525000028/ixform10k.htm#page_6)", and investors should review the risks provided in the Annual Report, prior to making an investment in the Company. The business, financial condition and operating results of the Company can be affected by a number of factors, whether currently known or unknown, including but not limited to those described in the Annual Report, under "[*Risk Factors*](https://www.sec.gov/Archives/edgar/data/930245/000147237525000028/ixform10k.htm#page_6)", any one or more of which could, directly or indirectly, cause the Company's actual financial condition and operating results to vary materially from past, or from anticipated future, financial conditions and operating results. Any of these factors, in whole or in part, could materially and adversely affect the Company's business, financial condition, operating results and stock price.

**Item 2. Financial Information.**

***<u>Management's Discussion and Analysis of Financial Condition and Results of Operations</u>***

Information incorporated by reference to "[*Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations*](https://www.sec.gov/Archives/edgar/data/930245/000147237525000028/ixform10k.htm#page_19)" of the Annual Report and "[*Part I - Item 2 Management's Discussion and Analysis of Financial Condition and Results of Operations*](https://www.sec.gov/Archives/edgar/data/930245/000147237525000051/ixform10q.htm#page_14)" of the 1Q25 Form 10-Q.

***<u>Quantitative and Qualitative Disclosures About Market Risk</u>***

As a "*<u>smaller reporting company</u>*," we are not required to provide the information required by this Item.

**Item 3. Properties.**

Information incorporated by reference to "[*Item 2. Properties*](https://www.sec.gov/Archives/edgar/data/930245/000147237525000028/ixform10k.htm#page_17)" of the Annual Report.

**Item 4. Security Ownership of Certain Beneficial Owners and Management.**

The following table presents certain information regarding the beneficial ownership of all shares of common stock as of May 31, 2025 by (i) each person who owns beneficially more than five percent (5%) of the outstanding shares of common stock based on 9,785,056 shares outstanding as of May 31, 2025, (ii) each of our directors, (iii) each named executive officer, and (iv) all directors and officers as a group. Except as otherwise indicated, all shares are owned directly.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Beneficial ownership is determined in accordance with the rules of the Securities and Exchange Commission and includes voting and/or investing power with respect to securities. We believe that, except as otherwise noted and subject to applicable community property laws, each person named in the following table has sole investment and voting power with respect to the shares of common stock shown as beneficially owned by such person. Additionally, shares of common stock subject to options, warrants or other convertible securities that are currently exercisable or convertible, or exercisable or convertible within 60 days of May 31, 2025, are deemed to be outstanding and to be beneficially owned by the person or group holding such options, warrants or other convertible securities for the purpose of computing the percentage ownership of such person or group, but are not treated as outstanding for the purpose of computing the percentage ownership of any other person or group.

We believe that, except as otherwise noted and subject to applicable community property laws, each person named in the following table has sole investment and voting power with respect to the shares of common stock shown as beneficially owned by such person. Unless otherwise indicated, the address for each of the officers or directors listed in the table below is 1120 N. Town Center Dr. #160, Las Vegas, Nevada 89144.

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| | | |
|:---|:---|:---|
| **Name of Beneficial Owner** | **Number of Common Stock Shares Beneficially Owned** | **Percent Beneficial Ownership** |
| ***Directors, Named Executive Officers and Executive Officers*** |  |  |
| Ronald S. Boreta  | 2458403<br><sup>(1)</sup> | 25.1% |
| Shawn Cable | 50000<br><sup>(2)</sup> | \*% |
| Steve Miller | 34000 | \*% |
| James M. Askew | 2269703<br><sup>(3)</sup> | 18.8% |
| ***All executive officers and directors as a group (4 persons)*** | **4812106**<br>**<sup>(1)(2)(3)</sup>** | **39.8%** |
| ***Greater than 5% Stockholders*** |  |  |
| John Boreta<sup>(4)</sup> | 2447909 <br><sup>(5)</sup> | 25.0% |
| Andre K. Agassi<sup>(6)</sup> | 2294584<br><sup>(7)</sup> | 21.9% |
| Nathan Low<sup>(8)</sup> | 789450 | 8.1% |

---

\* Less than 1%.

(1) Includes (i) 602,229 shares of common stock held individually by Ronald S. Boreta; (ii) 360,784 shares of common stock held by the Boreta Enterprises, Ltd ("<u>Enterprises</u>"), of which Ronald S. Boreta is Managing Member and of which he owns 68.1% of the membership interests, and John Boreta (see footnote (3)) owns 30.1% of the membership interests; and (iii) 1,495,390 shares of common stock held by All-American Golf Center, Inc. ("<u>AAGC</u>"), of which Ronald S. Boreta is a director and 51% stockholder, and John Boreta is a director and 49% stockholder (see footnote (4)). Due to the above, each of Ronald S. Boreta and John Boreta may be deemed to share voting and dispositive control over the securities held by Enterprises and AAGC, and thus to share beneficial ownership of such securities. Ronald S. Boreta disclaims beneficial ownership of the securities held by Enterprises and AAGC, except to the extent of his pecuniary interest therein.

(2) Includes warrants to purchase 50,000 shares of common stock with an exercise price of $1.70 per share, which have a term through March 6, 2030. Does not include warrants to purchase 50,000 shares of common stock with an exercise price of $1.70 per share, which have a term through March 6, 2030, which are exercisable by Mr. Cable, subject to certain requirements, beginning on September 6, 2025.

(3) Includes warrants to purchase 2,269,583 shares of common stock with an exercise price of $0.3970 per share, which have a term through July 3, 2029.

(4) Address: c/o All-American Golf Center, Inc., 1120 N Town Center Drive, Suite 160, Las Vegas, NV 89144. John Boreta is the brother of Ronald S. Boreta, our President, Chief Executive Officer, Secretary and Director.

(5) Includes (i) 591,735 shares of common stock held individually by John Boreta; (ii) 360,784 shares of common stock held by the Boreta Enterprises, Ltd, of which Ronald S. Boreta is Managing Member and owns 68.1% of the membership interests (see footnote (1)), and John Boreta owns 30.1% of the membership interests, and (iii) 1,495,390 shares of common stock held by All-American Golf Center, Inc., of which Ronald S. Boreta is a director and 51% stockholder (see footnote (1)), and John Boreta is a director and 49% stockholder. Due to the above, each of Ronald S. Boreta and John Boreta may be deemed to share voting and dispositive control over the securities held by Enterprises and AAGC, and thus to share beneficial ownership of such securities. John Boreta disclaims beneficial ownership of the securities held by Enterprises and AAGC, except to the extent of his pecuniary interest therein.

(6) Address: 1120 N. Town Center Drive, Suite 160, Las Vegas, Nevada 89144. Agassi Ventures, LLC, The Andre Agassi Trust and Andre K. Agassi own directly no shares of common stock, however, Andre K. Agassi, who is the manager of Agassi Ventures, LLC, may be deemed to share voting and dispositive power with respect to the shares of common stock held by AKA Investments, LLC ("<u>AKA</u>") and The Andre Agassi Trust, which owns all of the interests in Agassi Ventures, LLC, may be deemed to share voting and dispositive power with respect to the shares held by Investments AKA, LLC. All information included in this footnote (6) and footnote (7), below, comes from the Schedule 13D/A filed with the SEC by Mr. Agassi, Agassi Ventures, LLC, The Andre Agassi Trust and AKA on May 21, 2025, which information we have not independently confirmed.

(7) AKA holds 1,589,167 shares of common stock of the Company and warrants to purchase 705,417 shares of common stock with an exercise price of $0.3970 per share, which have a term through July 3, 2029. 

(8) Address: 59 Putnam Blvd., Atlantic Beach, New York 11509. All information included in this footnote (8) comes from the Schedule 13G filed with the SEC by Mr. Low on February 11, 2025, which information we have not independently confirmed.

***Change of Control***

The Company is not aware of any arrangements which may at a subsequent date result in a change of control of the Company.

**Item 5. Directors and Executive Officers.**

Information incorporated by reference to "[*Item 10. Directors, Officers and Corporate Governance*](https://www.sec.gov/Archives/edgar/data/930245/000147237525000028/ixform10k.htm#page_38)" of the Annual Report.

**Item 6. Executive Compensation.**

Information incorporated by reference to "[*Item 11. Executive Compensation*](https://www.sec.gov/Archives/edgar/data/930245/000147237525000028/ixform10k.htm#page_42)" of the Annual Report.

**Item 7. Certain Relationships and Related Transactions, and Director Independence.**

Information incorporated by reference to "[*Item 13. Certain Relationships and Related Transactions, and Director Independence*](https://www.sec.gov/Archives/edgar/data/930245/000147237525000028/ixform10k.htm#page_46)" of the Annual Report.

**Item 8. Legal Proceedings.**

We know of no existing or pending legal proceedings against us, nor are we involved as a plaintiff in any proceeding or pending litigation. There are no proceedings in which any of our directors, officers or affiliates, or any registered or beneficial shareholder, is an adverse party or has a material interest adverse to our company. From time to time, we may become involved in various lawsuits and legal proceedings, which arise, in the ordinary course of business. However, litigation is subject to inherent uncertainties, and an adverse result in these or other matters may arise from time to time that may harm our business.

**Item 9. Market Price of and Dividends on the Registrant's Common Equity and Stockholders Matter.**

***Market for Common Stock***

Our common stock is quoted on the OTC Pink Market maintained by OTC Markets under the symbol "<u>AASP</u>".

The following table sets forth the range of high and low sales prices for our common stock for each of the periods indicated as reported by the OTC Pink Market. These quotations reflect inter-dealer prices, without retail mark-up, mark-down or commission and may not necessarily represent actual transactions. Due to the fact that trading in our common stock is extremely sporadic, with multiple trading days where no trading occurs, and limited, with many trading days trading less than 3,000 shares of common stock, we believe the high and low sales prices below should not be relied upon as a basis for determining the value of our common stock.

---

| | | |
|:---|:---|:---|
| **12 Month Period Ended December 31, 2025** | **High** | **Low** |
| Quarter ended June 30, 2025\* | $7.500 | $3.500 |
| Quarter ended March 31, 2025 | 4.000 | 1.670 |

---

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| | | |
|:---|:---|:---|
| **12 Month Period Ended December 31, 2024** | **High** | **Low** |
| Quarter ended December 31, 2024 | $4.000 | $0.720 |
| Quarter ended September 30, 2024 | 1.820 | 0.173 |
| Quarter ended June 30, 2024 | 0.405 | 0.172 |
| Quarter ended March 31, 2024 | 0.510 | 0.211 |

---

---

| | | |
|:---|:---|:---|
| **12 Month Period Ended December 31, 2023** | **High** | **Low** |
| Quarter ended December 31, 2023 | $0.628 | $0.112 |
| Quarter ended September 30, 2023 | 0.240 | 0.144 |
| Quarter ended June 30, 2023 | 0.300 | 0.130 |
| Quarter ended March 31, 2023 | 0.493 | 0.130 |

---

\* Through May 31, 2025.

**Holders**

The number of holders of record of the Company's $0.001 par value common stock as of May 31, 2025, was approximately 619. This does not include shareholders who hold stock in their accounts at broker/dealers.

**Dividends**

Holders of common stock are entitled to receive such dividends as may be declared by the Company's Board of Directors. No dividends have been paid with respect to the Company's common stock and no dividends are expected to be paid in the foreseeable future. It is the present policy of the Board of Directors to retain all earnings to provide for the growth of the Company. Payment of cash dividends in the future will depend, among other things, upon the Company's future earnings, requirements for capital improvements and financial condition.

**Item 10. Recent Sales of Unregistered Securities.**

There have been no sales of unregistered securities during the past three years which were not registered under the Securities Act, except as set forth below:

On July 3, 2024, the Company entered into a share purchase agreement (the "<u>Purchase Agreement</u>") with All American Golf Center, Inc. (the "<u>Creditor</u>"), pursuant to which the Creditor agreed to accept shares of the Company's common stock in exchange for the Creditor's release of obligations of the Company to repay expenses in the aggregate amount of $593,670 (the "<u>Payables</u>") for expenses of the Company previously paid by the Creditor. Pursuant to the Purchase Agreement, 1,495,390 shares of common stock were issued by the Company to the Creditor, which number was determined based upon an implied price per share of common stock, equal to $0.397. The Creditor is owned and controlled by Ronald S. Boreta, President, Chief Executive Officer, Secretary, Treasurer and a director of the Company, and John Boreta, a then director of the Company.

Also on July 3, 2024, the Company issued warrants to purchase common stock at an exercise price of $0.397 per share, (i) to James Askew ("<u>Askew</u>"), an individual, warrants to purchase an aggregate of 2,269,583 shares of common stock, and (ii) to Investments AKA, LLC, a limited liability company indirectly controlled by Andre K. Agassi, warrants to purchase an aggregate of 705,417 shares of common stock. The warrants were exercisable as to one half of the shares of common stock immediately, and are exercisable as to the remaining half of the shares of common stock in one year of the date of the warrants. The warrants were issued to the warrant holders in consideration of services and support previously performed and provided, and expected to be performed or provided, by the warrant holders in furtherance of the Company's business objectives. The Company entered into a consulting agreement, dated July 3, 2024, with Askew with respect to his services and the issuance of his warrants.

Between November 4, 2024 and November 7, 2024, the Company sold to 23 accredited investors, an aggregate of 2,631,543 shares of restricted common stock, par value $0.001 per share for $0.95 per share, for an aggregate of $2,500,000.

On March 6, 2025, the Board of Directors of the Company granted (a) warrants to purchase 500,000 shares of common stock to Justin Gimblestob and (b) warrants to purchase 250,000 shares of common stock to Darren Cahill, two consultants of the Company, in consideration for agreeing to provide advisory services to the Company. The warrants have an exercise price of $1.70 per share and a term of five years. The warrants vested immediately and are exercisable 1/2 on March 6, 2025 and 1/2 on September 6, 2026. The warrants also allow for cashless exercises and customary anti-dilution rights for stock splits, dividends and similar transactions.

Effective on March 6, 2025, the Board of Directors of the Company appointed Shawn Cable as the Chief Financial Officer (Principal Accounting/Financial Officer) of the Company which appointment was effective as of the same date. In connection with the appointment, the Company agreed to pay Mr. Cable $75,000 per year, and to grant Mr. Cable warrants to purchase 100,000 shares of common stock with an exercise price of $1.70 per share and a term of five years. The warrants vested immediately and are exercisable 1/2 on March 6, 2025 and 1/2 on September 6, 2026. The warrants also allow for cashless exercises and customary anti-dilution rights for stock splits, dividends and similar transactions.

On May 31, 2025, we entered into a Trademark Acquisition Agreement with Patrick J. Rolfes and Ted Angelo, the owners of the trademark for "*<u>World Series of Pickleball</u>*". Pursuant to the Trademark Acquisition Agreement, we acquired all rights to, and ownership of, the Trademark, in consideration for $25,000 in cash and warrants to purchase 50,000 shares of the Company's common stock (with warrants to purchase 25,000 shares granted to each seller).

\* \* \* \* \*

We claim an exemption from registration for the issuance of the shares of common stock and warrant grants described above pursuant to Section 4(a)(2) and/or Rule 506(b) of Regulation D of the Securities Act, since the foregoing issuances and grants did not involve a public offering, the recipients took the securities for investment and not resale, we took take appropriate measures to restrict transfer, and the recipients were (a) "<u>accredited investors</u>"; and/or (b) had access to similar documentation and information as would be required in a Registration Statement under the Securities Act. The securities are subject to transfer restrictions, and the securities contain an appropriate legend stating that such securities have not been registered under the Securities Act and may not be offered or sold absent registration or pursuant to an exemption therefrom. The securities were not registered under the Securities Act and such securities may not be offered or sold in the United States absent registration or an exemption from registration under the Securities Act and any applicable state securities laws.

**Item 11. Description of Registrant's Securities to be Registered.**

***Common Stock***

Our authorized capital stock consists of 500,000,000 shares of Common Stock, par value $0.001 per share. Our common shares are quoted on the OTC Pink Sheets, maintained by OTC Markets under the symbol "AASP".

We have 9,785,056 shares of our Common Stock issued and outstanding as the date of this Current Report held by approximately 619 holders. This does not include shareholders who hold stock in their accounts at broker/dealers.

***Voting Rights***. Each share of our common stock is entitled to one vote on all stockholder matters. Shares of our common stock do not possess any cumulative voting rights.

Except for the election of directors, if a quorum is present, an action on a matter is approved if it receives the affirmative vote of the holders of a majority of the voting power of the shares of capital stock present in person or represented by proxy at the meeting and entitled to vote on the matter, unless otherwise required by applicable law, Nevada law, our Articles of Incorporation, as amended and restated ("<u>Articles of Incorporation</u>"), or Bylaws. The election of directors will be determined by a plurality of the votes cast in respect of the shares present in person or represented by proxy at the meeting and entitled to vote, meaning that the nominees with the greatest number of votes cast, even if less than a majority, will be elected. The rights, preferences and privileges of holders of common stock are subject to, and may be impacted by, the rights of the holders of shares of any series of preferred stock that we have designated, or may designate and issue in the future.

***Dividend Rights***. Each share of our common stock is entitled to equal dividends and distributions per share with respect to the common stock when, as and if declared by our Board of Directors, subject to any preferential or other rights of any outstanding preferred stock.

***Liquidation and Dissolution Rights***. Upon liquidation, dissolution or winding up, our common stock will be entitled to receive pro rata on a share-for-share basis, the assets available for distribution to the stockholders after payment of liabilities and payment of preferential and other amounts, if any, payable on any outstanding preferred stock.

***Other Matters***. No holder of any shares of our common stock has a preemptive right to subscribe for any of our securities, nor are any shares of our common stock subject to redemption or convertible into other securities.

***Anti-Takeover Provisions Under The Nevada Revised Statutes***

<u>Business Combinations</u>

<u>Sections 78.411</u> to <u>78.444</u> of the Nevada revised statutes (the "<u>NRS</u>") prohibit a Nevada corporation from engaging in a "<u>combination</u>" with an "<u>interested stockholder</u>" for three years following the date that such person becomes an interested stockholder and place certain restrictions on such combinations even after the expiration of the three-year period. With certain exceptions, an interested stockholder is a person or group that owns 10% or more of the corporation's outstanding voting power (including stock with respect to which the person has voting rights and any rights to acquire stock pursuant to an option, warrant, agreement, arrangement, or understanding or upon the exercise of conversion or exchange rights) or is an affiliate or associate of the corporation and was the owner of 10% or more of such voting stock at any time within the previous three years.

A Nevada corporation may elect not to be governed by <u>Sections 78.411</u> to <u>78.444</u> by a provision in its articles of incorporation. We do not have such a provision in our Articles of Incorporation, pursuant to which we have elected to opt out of <u>Sections 78.411</u> to 78.444; therefore, these sections apply to us.

<u>Control Shares</u>

Nevada law also seeks to impede "<u>unfriendly</u>" corporate takeovers by providing in <u>Sections 78.378</u> to <u>78.3793</u> of the NRS that an "<u>acquiring person</u>" shall only obtain voting rights in the "<u>control shares</u>" purchased by such person to the extent approved by the other stockholders at a meeting. With certain exceptions, an acquiring person is one who acquires or offers to acquire a "<u>controlling interest</u>" in the corporation, defined as one-fifth or more of the voting power. Control shares include not only shares acquired or offered to be acquired in connection with the acquisition of a controlling interest, but also all shares acquired by the acquiring person within the preceding 90 days. The statute covers not only the acquiring person but also any persons acting in association with the acquiring person. The NRS control share statutes only apply to issuers that have 200 or more stockholders of record, at least 100 of whom have had addresses in Nevada appearing on the stock ledger of the corporation at all times during the 90 days immediately preceding such date; and whom do business in Nevada directly or through an affiliated corporation. We do not currently meet these requirements and as such these provisions do not apply to us.

A Nevada corporation may elect to opt out of the provisions of Sections 78.378 to 78.3793 of the NRS. We have no provision in our Articles of Incorporation pursuant to which we have elected to opt out of Sections 78.378 to 78.3793 and as such these provisions apply to us, subject to the thresholds and limitations discussed above.

<u>Removal of Directors</u>

Section 78.335 of the NRS provides that 2/3rds of the voting power of the issued and outstanding shares of the Company are required to remove a Director from office. As such, it may be more difficult for stockholders to remove Directors due to the fact the NRS requires greater than majority approval of the stockholders for such removal.

**Anti-Takeover Provisions of our Articles of Incorporation, Bylaws and Nevada law**

Our Articles of Incorporation and Bylaws and Nevada law contain provisions that may discourage, delay or prevent a merger, acquisition or other change in control. These provisions may also prevent or delay attempts by our shareholders to replace or remove our management. Our corporate governance documents include the following provisions:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; the removal of directors only with the approval of shareholders holding at least two-thirds of the voting power of the issued and outstanding stock entitled to vote in the election of directors;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; subject to the rights of the holders of any outstanding series of preferred stock and unless otherwise required by law or resolution of our board of directors, vacancies on the board of directors arising through death, resignation, retirement, disqualification or removal, an increase in the number of directors or otherwise may be filled by a majority of the directors then in office, though less than a quorum;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; authorizing blank check preferred stock, which could be issued with voting, liquidation, dividend and other rights superior to our common stock; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;•&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; limiting the liability of, and providing indemnification to, our directors and officers.

**<u>Preferred Stock</u>**

We have an authorized class of preferred stock consisting of 5,000,000 shares of preferred stock with par value of $0.001. No shares of preferred stock are currently issued and outstanding.

**Item 12. Indemnification of Directors and Officers.**

As authorized by <u>Section 78.751</u> of the NRS, we may indemnify our officers and directors against expenses incurred by such persons in connection with any threatened, pending or completed action, suit or proceedings, whether civil, criminal, administrative or investigative, involving such persons in their capacities as officers and directors, so long as such persons acted in good faith and in a manner which they reasonably believed to be in our best interests. If the legal proceeding, however, is by or in our right, the director or officer may not be indemnified in respect of any claim, issue or matter as to which he is adjudged to be liable for negligence or misconduct in the performance of his duty to us unless a court determines otherwise.

Under Nevada law, corporations may also purchase and maintain insurance or make other financial arrangements on behalf of any person who is or was a director or officer (or is serving at our request as a director or officer of another corporation) for any liability asserted against such person and any expenses incurred by him in his capacity as a director or officer. These financial arrangements may include trust funds, self-insurance programs, guarantees and insurance policies.

Additionally, our Articles of Incorporation state that if someone is or was a director or officer of the Company or serving in that role for another organization at the Company's request, and such person is involved in a legal matter (civil, criminal, administrative, or investigative) because of that role, the Company shall indemnify and hold them harmless to the fullest extent legally permissible under the laws of the State of Nevada from time to time against all expenses, liability and loss (including attorneys' fees, judgments, fines, and amounts paid or to be paid in a settlement) reasonably incurred or suffered by him or her in connection therewith.

Our Bylaws similarly provide that the Company is required, to the fullest extent permitted by Nevada law, to indemnify our current and former directors and officers (and others acting at the Company's request in similar roles for other entities) against certain liabilities and expenses incurred in connection with legal proceedings related to their service. This includes reimbursement for attorneys' fees, judgments, fines, and settlements, provided the individual acted in good faith and in a manner believed to be in the Company's best interests and, with respect to any proceeding that is criminal in nature, had no reasonable cause to believe that his or her conduct was unlawful.

The Company may not indemnify individuals in cases where a final court judgment finds them liable to the Company, or if their conduct involved intentional misconduct, fraud, or knowing violations of law that were material to the matter. Indemnification continues even after an individual no longer serves in an eligible role and applies to their heirs and legal representatives.

Legal expenses must be advanced by the Company as incurred, subject to the individual's agreement to repay the funds if a court later finds they are not entitled to indemnification. If the individual is successful in their defense, the Company must reimburse all related expenses.

Neither our Bylaws nor our Articles of Incorporation include any specific indemnification provisions for our officers or directors against liability under the Securities Act. Additionally, insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons of the Company pursuant to the foregoing provisions, or otherwise, the Company has been advised that in the opinion of the Commission such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable.

**Item 13. Financial Statements and Supplementary Data.**

Incorporated by reference to "*[Item 8. Financial Statements and Supplementary Data](https://www.sec.gov/Archives/edgar/data/930245/000147237525000028/ixform10k.htm#page_22)*" of the Annual Report and "*[Item 1. Financial Statements](https://www.sec.gov/Archives/edgar/data/930245/000147237525000051/ixform10q.htm#page_2)*" of the 1Q25 Form 10-Q.

**Item 14. Changes in and Disagreements with Accountants on Accounting Financial Disclosure.**

Information incorporated by reference to "*[Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure](https://www.sec.gov/Archives/edgar/data/930245/000147237525000028/ixform10k.htm#page_36)*" of the Annual Report.

**Item 15. Financial Statements and Exhibits.**

As noted above, the Company's financial statements are incorporated by reference to "*[Item 8. Financial Statements and Supplementary Data](https://www.sec.gov/Archives/edgar/data/930245/000147237525000028/ixform10k.htm#page_22)*" of the Annual Report and "*[Item 1. Financial Statements](https://www.sec.gov/Archives/edgar/data/930245/000147237525000051/ixform10q.htm#page_2)*" of the 1Q25 Form 10-Q.

Exhibits that would be required by this item are incorporated by reference to "*[Item 15. Exhibits, Financial Statement Schedules](https://www.sec.gov/Archives/edgar/data/930245/000147237525000028/ixform10k.htm#page_48)*" of the Annual Report (except for <u>Exhibits 31.1</u>, <u>31.2</u>, <u>32.1</u> and <u>32.2</u>, which are not incorporated by reference herein); "*[Item 6. Exhibits](https://www.sec.gov/Archives/edgar/data/930245/000147237525000051/ixform10q.htm#page_22)*" of the 1Q25 Form 10-Q (except for <u>Exhibits 31.1</u>, <u>31.2</u>, <u>32.1</u> and <u>32.2</u>, which are not incorporated by reference herein); and "*Item 9.01. Financial Statements and Exhibits*", below.

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| | |
|:---|:---|
| **Item 7.01** | **Regulation FD Disclosure** |

---

On June 4, 2025, the Company issued a press release announcing the acquisition of the Trademark, a copy of which press release is furnished herewith as <u>Exhibit 99.1</u> and is incorporated into this <u>Item 7.01</u> by reference.

In accordance with General Instruction B.2 of Form 8-K, the information under this item and <u>Exhibit 99.1</u> 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.

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| | |
|:---|:---|
| **Exhibit No.** | **Exhibit Description** |
| [4.1\*](exhibit4-1.htm) | [Common Stock Purchase Warrant dated May 31, 2025, granted by Agassi Sports Entertainment Corp. to Patrick J. Rolfes](exhibit4-1.htm) |
| [4.2\*](exhibit4-2.htm) | [Common Stock Purchase Warrant dated May 31, 2025, granted by Agassi Sports Entertainment Corp. to Ted Angelo](exhibit4-2.htm) |
| [10.1\*](exhibit10-1.htm) | [Trademark Acquisition Agreement dated May 31, 2025, by and between Agassi Sports Entertainment Corp., Patrick J. Rolfes and Ted Angelo](exhibit10-1.htm) |
| [99.1\*\*](exhibit99-1.htm) | [Press Release dated June 4, 2025](exhibit99-1.htm) |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

---

\* Filed herewith.

\*\* Furnished herewith.

**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.** | **Agassi Sports Entertainment Corp.** |
|  | By: | */s/ Ronald S. Boreta* |
| Date: June 4, 2025 | Name: | Ronald S. Boreta |
|  | Title: | Chief Executive Officer |

---

------

## Exhibit 4.1

------

**NEITHER THIS WARRANT NOR ANY OF THE SECURITIES ISSUABLE UPON ITS EXERCISE HAVE BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED AND SUCH SECURITIES MAY NOT BE TRANSFERRED UNLESS COVERED BY AN EFFECTIVE REGISTRATION STATEMENT UNDER SAID ACT OR AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT. THE ISSUER OF THESE SECURITIES MAY REQUIRE AN OPINION OF COUNSEL IN FORM AND SUBSTANCE SATISFACTORY TO THE ISSUER TO THE EFFECT THAT ANY PROPOSED TRANSFER OR RESALE IS IN COMPLIANCE WITH THE SECURITIES ACT AND ANY APPLICABLE STATE SECURITIES.**

---

| | |
|:---|:---|
| Warrant No.: **Agassi-2025-A1** <br>Warrant Date: **May 31, 2025** | Number of Shares: 25,000  |

---

**AGASSI SPORTS ENTERTAINMENT CORP.**

**COMMON STOCK PURCHASE WARRANT**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1.** <u>Issuance</u>. For value received, the receipt of which is hereby acknowledged by **Agassi Sports Entertainment Corp.**, a Nevada corporation (the "**<u>Company</u>**"), **Patrick J. Rolfes**, an individual or his registered assigns (the "**<u>Holder</u>**"), is hereby granted the right to purchase, until the close of business on May 31, 2028 (the "**<u>Expiration Date</u>**"), Twenty-Five Thousand (25,000), subject to adjustment upon certain events as described in greater detail below, fully paid and nonassessable shares of the Company's Common Stock, par value $0.001 per share (the "**<u>Common Stock</u>**"). This Common Stock Purchase Warrant (this "**<u>Warrant</u>**") is being issued to the Holder as partial consideration pursuant to that certain Trademark Acquisition Agreement dated on or around the date of this Warrant, by and between the Company, Patrick J. Rolfes and Ted Angelo. For the purposes of this Warrant:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2.** <u>Exercise Price</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.1 The exercise price per share of Common Stock shall be **$5.75** per share (the "**<u>Exercise Price</u>**")(subject to adjustment upon certain events as described in greater detail below). The Exercise Price shall be payable in cash in immediately available funds.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.2 This Warrant may not be exercised via a cashless exercise.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3.** <u>Procedure for Exercise</u>. Upon surrender of this Warrant with the annexed Notice of Exercise Form duly executed, together with payment in cash of the aggregate Exercise Price for the shares of Common Stock purchased, the Holder shall be entitled to receive a certificate or certificates for the shares of Common Stock so purchased (the "**<u>Warrant Shares</u>**"). This Warrant may be exercised in whole or in part, subject to the Beneficial Ownership Limitation (defined below). On any such partial exercise, provided the Holder has surrendered the original Warrant, the Company will issue and deliver to the order of the Holder a new Warrant of like tenor, in the name of the Holder, for the whole number of shares of Common Stock for which such Warrant may still be exercised.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4.** <u>No Fractional Shares or Scrip</u>. No fractional Shares or scrip representing fractional Warrant Shares shall be issued upon the exercise of this Warrant, but in lieu of such fractional Warrant Shares the Company shall issue an additional share of Common Stock to the Holder or pay the Holder the fair market value of such fractional share, as determined in the reasonable discretion of the Board of Directors of the Company, in the Company's sole discretion.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5.** <u>Reservation of Shares</u>. The Company hereby agrees that at all times during the term of this Warrant there shall be reserved for issuance upon exercise of this Warrant such number of Warrant Shares as shall be required for issuance upon exercise hereof. Any shares issuable upon exercise of this Warrant will be duly and validly issued, fully paid, non-assessable and free of all liens and charges and not subject to any preemptive rights and rights of first refusal.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6.** <u>Beneficial Ownership Limitation</u>. Notwithstanding anything to the contrary contained herein, the number of Warrant Shares that may be acquired by the Holder upon any exercise of this Warrant (or otherwise in respect hereof) shall be limited to the extent necessary to insure that, following such exercise (or other issuance), the total number of shares of Common Stock then beneficially owned by such Holder and its affiliates (as defined under Rule 144 of the Securities Act, "**<u>Affiliates</u>**") and any other persons whose beneficial ownership of Common Stock would be aggregated with the Holder's for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended (the "**<u>Exchange Act</u>**"), does not exceed 4.999% of the total number of issued and outstanding shares of Common Stock (including for such purpose the shares of Common Stock issuable upon such exercise)(the "**<u>Beneficial Ownership Limitation</u>**"). For such purposes, beneficial ownership shall be determined in accordance with Section 13(d) of the Exchange Act and the rules and regulations promulgated thereunder. By written notice to the Company, the Holder may increase the Beneficial Ownership Limitation to up to 9.999% of the total number of issued and outstanding shares of Common Stock (including for such purpose the shares of Common Stock issuable upon such exercise), but any such increase will not be effective until the 61st day after delivery of such notice. In no event shall the Beneficial Ownership Limitation be increased to greater than 9.999% of the total number of issued and outstanding shares of Common Stock (including for such purpose the shares of Common Stock issuable upon such exercise). This restriction may not be waived.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7.** <u>Mutilation or Loss of Warrant</u>. Upon receipt by the Company of evidence satisfactory to it of the loss, theft, destruction or mutilation of this Warrant, and (in the case of loss, theft or destruction) receipt of reasonably satisfactory indemnification, and (in the case of mutilation) upon surrender and cancellation of this Warrant, the Company will execute and deliver a new warrant of like tenor and date and any such lost, stolen, destroyed or mutilated Warrant shall thereupon become void.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8.** <u>No Rights as Shareholder</u>. The Holder shall not, by virtue hereof, be entitled to any rights of a shareholder of the Company, either at law or in equity, and the rights of the Holder are limited to those expressed in this Warrant and are not enforceable against the Company except to the extent set forth herein.

Agassi Sports Entertainment Corp.<br>Common Stock Purchase Warrant Agassi-2025-A-1<br>Page 2 of 5<br>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9.** <u>Effect of Certain Transactions</u>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.1 <u>Adjustments for Stock Splits, Stock Dividends Etc</u>. If the number of outstanding shares of Common Stock of the Company are increased or decreased by a stock split, reverse stock split, stock dividend, stock combination, recapitalization or the like, the Exercise Price and the number of shares purchasable pursuant to this Warrant shall be adjusted proportionately so that the ratio of (i) the aggregate number of shares purchasable by exercise of this Warrant to (ii) the total number of shares outstanding immediately following such stock split, reverse stock split, stock dividend, stock combination, recapitalization or the like shall remain unchanged, and the aggregate purchase price of shares issuable pursuant to this Warrant shall remain unchanged.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.2 <u>Fundamental Transactions</u>. If at any time the Company plans to sell all or substantially all of its assets, or engage in a merger or consolidation of the Company in which the Company will not survive (other than a merger or consolidation with or into a wholly- or partially-owned subsidiary of the Company)(each a "**<u>Fundamental Transaction</u>**"), the Company will give the Holder of this Warrant advance written notice at least thirty (30) days prior to the planned closing of the Fundamental Transaction. If this Warrant or any part thereof is not exercised by the Holder prior to the date of the closing of the Fundamental Transaction, this Warrant or any unexercised portion thereof, shall expire and terminate effective upon such event.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**10.** <u>Transfer to Comply with the Securities Act</u>. This Warrant and the Warrant Shares have not been registered under the Securities Act of 1933, as amended, (the "**<u>Securities Act</u>**") and have been issued to the Holder for investment and not with a view to the distribution of either this Warrant or the Warrant Shares. Neither this Warrant nor any of the Warrant Shares or any other security issued or upon exercise of this Warrant may be sold, transferred, pledged or hypothecated in the absence of an effective registration statement under the Securities Act relating to such security or an opinion of counsel satisfactory to the Company that registration is not required under the Securities Act. Each certificate for this Warrant, the Warrant Shares and any other security issued or issuable upon exercise of this Warrant shall contain a legend in form and substance satisfactory to counsel for the Company, setting forth the restrictions on transfer contained in this Section.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**11.** <u>Notices</u>. Any notice or other communication required or permitted hereunder shall be in writing and shall be delivered personally or sent by certified, registered or express mail, postage pre-paid. Any such notice shall be deemed given when so delivered personally, or if mailed, two days after the date of deposit in the United States mails, as follows:

If to the Company, to:

Agassi Sports Entertainment Corp.

Attn: Ron Boreta 1120 N Town Center Drive, Suite 160

Las Vegas, Nevada 89144

Email: ron@agassisports.com

If to the Holder, to its address appearing on the Company's records.

Agassi Sports Entertainment Corp.<br>Common Stock Purchase Warrant Agassi-2025-A-1<br>Page 3 of 5<br>

Any party may designate another address or person for receipt of notices hereunder by written notice given at least five (5) business days prior to the date such change will be effective, given to the other parties in accordance with this Section.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**12.** <u>Supplements and Amendments; Whole Agreement</u>. This Warrant may be amended or supplemented only by an instrument in writing signed by the Company and the Holder hereof. This Warrant contains the full understanding of the parties hereto with respect to the subject matter hereof, and there are no representations, warranties, agreements or understandings other than expressly contained herein.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**13.** <u>Governing Law</u>. This Warrant shall be deemed to be a contract made under the laws of the State of Nevada and for all purposes shall be governed by and construed in accordance with the laws of such State applicable to contracts to be made and performed entirely within such State. Any action brought by either party against the other concerning the transactions contemplated by this Warrant shall be brought only in the state courts of the County of Clark, Nevada or in the federal courts located in the County of Clark, Nevada. The parties to this Warrant hereby irrevocably waive any objection to jurisdiction and venue of any action instituted hereunder and shall not assert any defense based on lack of jurisdiction or venue or based upon *forum non conveniens*. Each party hereby irrevocably waives personal service of process and consents to process being served in any suit, action or proceeding in connection with this Warrant by mailing a copy thereof via registered or certified mail or overnight delivery (with evidence of delivery) to such party at the address in effect for notices to it under this Warrant and agrees that such service shall constitute good and sufficient service of process and notice thereof. Nothing contained herein shall be deemed to limit in any way any right to serve process in any other manner permitted by law.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**14.** <u>Counterparts</u>. This Warrant may be executed in any number of counterparts and each of such counterparts shall for all purposes be deemed to be an original, and all such counterparts shall together constitute but one and the same instrument.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**15.** <u>Descriptive Headings</u>. Descriptive headings of the several Sections of this Warrant are inserted for convenience only and shall not control or affect the meaning or construction of any of the provisions hereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**16.** <u>Assignability</u>. This Warrant or any part hereof may only be hereafter assigned by the Holder to an affiliate thereof executing documents reasonably required by the Company, subject to applicable law. Any such assignment shall be binding on the Company and shall inure to the benefit of any such assignee.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**17.** <u>Restrictions</u>. By acceptance hereof, the Holder acknowledges that the Warrant Shares acquired upon the exercise of this Warrant have restrictions upon their resale imposed by state and federal securities laws.

*[Remainder of the page intentionally left blank; signature page follows.]* 

Agassi Sports Entertainment Corp.<br>Common Stock Purchase Warrant Agassi-2025-A-1<br>Page 4 of 5<br>

**IN WITNESS WHEREOF**, the Company has executed this Warrant as of the Warrant Date set forth above.

&nbsp;&nbsp;**COMPANY:** <br>**Agassi Sports Entertainment Corp.**<br>By: *<u>/s/</u><u> </u><u>Ronald S. Boreta</u>*<br>Name: Ronald S. Boreta<br>Title: Chief Executive Officer<br>

Agassi Sports Entertainment Corp.<br>Common Stock Purchase Warrant Agassi-2025-A-1<br>Page 5 of 5<br>

**NOTICE OF EXERCISE OF WARRANT**

Attention: Corporate Secretary

The undersigned hereby elects to purchase, pursuant to the provisions of the Common Stock Purchase Warrant Agassi-2025-A-1 issued by Agassi Sports Entertainment Corp., a Nevada corporation (the **"<u>Company</u>**") and held by the undersigned, _________ shares of Common Stock of the Company. Payment of the Exercise Price per Warrant Share required under the Warrant accompanies this Notice.

The issuance of the shares of Common Stock in connection with this Notice of Exercise of Warrant will not cause the undersigned to exceed the Beneficial Ownership Limitation of the Warrant.

The undersigned hereby represents and warrants that the undersigned is acquiring such Shares for his own account for investment purposes only, and not for resale or with a view to distribution of such Warrant Shares or any part thereof.

&nbsp;&nbsp;&nbsp;&nbsp;Date: ________, 20__ WARRANTHOLDER: Signature:___________________________ Print Name:___________________________ Title:___________________________ Address:___________________________ Name in which Shares should be registered:___________________________

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## Exhibit 4.2

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**NEITHER THIS WARRANT NOR ANY OF THE SECURITIES ISSUABLE UPON ITS EXERCISE HAVE BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED AND SUCH SECURITIES MAY NOT BE TRANSFERRED UNLESS COVERED BY AN EFFECTIVE REGISTRATION STATEMENT UNDER SAID ACT OR AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT. THE ISSUER OF THESE SECURITIES MAY REQUIRE AN OPINION OF COUNSEL IN FORM AND SUBSTANCE SATISFACTORY TO THE ISSUER TO THE EFFECT THAT ANY PROPOSED TRANSFER OR RESALE IS IN COMPLIANCE WITH THE SECURITIES ACT AND ANY APPLICABLE STATE SECURITIES.** 

---

| | |
|:---|:---|
| Warrant No.: **Agassi-2025-A2** <br>Warrant Date: **May 31, 2025** | Number of Shares: 25,000  |

---

**AGASSI SPORTS ENTERTAINMENT CORP.**

**COMMON STOCK PURCHASE WARRANT**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1.** <u>Issuance</u>. For value received, the receipt of which is hereby acknowledged by **Agassi Sports Entertainment Corp.**, a Nevada corporation (the "**<u>Company</u>**"), **Ted Angelo**, an individual or his registered assigns (the "**<u>Holder</u>**"), is hereby granted the right to purchase, until the close of business on May 31, 2028 (the "**<u>Expiration Date</u>**"), Twenty-Five Thousand (25,000), subject to adjustment upon certain events as described in greater detail below, fully paid and nonassessable shares of the Company's Common Stock, par value $0.001 per share (the "**<u>Common Stock</u>**"). This Common Stock Purchase Warrant (this "**<u>Warrant</u>**") is being issued to the Holder as partial consideration pursuant to that certain Trademark Acquisition Agreement dated on or around the date of this Warrant, by and between the Company, Patrick J. Rolfes and Ted Angelo. For the purposes of this Warrant:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2.** <u>Exercise Price</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.1 The exercise price per share of Common Stock shall be **$5.75** per share (the "**<u>Exercise Price</u>**")(subject to adjustment upon certain events as described in greater detail below). The Exercise Price shall be payable in cash in immediately available funds.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.2 This Warrant may not be exercised via a cashless exercise.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3.** <u>Procedure for Exercise</u>. Upon surrender of this Warrant with the annexed Notice of Exercise Form duly executed, together with payment in cash of the aggregate Exercise Price for the shares of Common Stock purchased, the Holder shall be entitled to receive a certificate or certificates for the shares of Common Stock so purchased (the "**<u>Warrant Shares</u>**"). This Warrant may be exercised in whole or in part, subject to the Beneficial Ownership Limitation (defined below). On any such partial exercise, provided the Holder has surrendered the original Warrant, the Company will issue and deliver to the order of the Holder a new Warrant of like tenor, in the name of the Holder, for the whole number of shares of Common Stock for which such Warrant may still be exercised.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4.** <u>No Fractional Shares or Scrip</u>. No fractional Shares or scrip representing fractional Warrant Shares shall be issued upon the exercise of this Warrant, but in lieu of such fractional Warrant Shares the Company shall issue an additional share of Common Stock to the Holder or pay the Holder the fair market value of such fractional share, as determined in the reasonable discretion of the Board of Directors of the Company, in the Company's sole discretion.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5.** <u>Reservation of Shares</u>. The Company hereby agrees that at all times during the term of this Warrant there shall be reserved for issuance upon exercise of this Warrant such number of Warrant Shares as shall be required for issuance upon exercise hereof. Any shares issuable upon exercise of this Warrant will be duly and validly issued, fully paid, non-assessable and free of all liens and charges and not subject to any preemptive rights and rights of first refusal.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6.** <u>Beneficial Ownership Limitation</u>. Notwithstanding anything to the contrary contained herein, the number of Warrant Shares that may be acquired by the Holder upon any exercise of this Warrant (or otherwise in respect hereof) shall be limited to the extent necessary to insure that, following such exercise (or other issuance), the total number of shares of Common Stock then beneficially owned by such Holder and its affiliates (as defined under Rule 144 of the Securities Act, "**<u>Affiliates</u>**") and any other persons whose beneficial ownership of Common Stock would be aggregated with the Holder's for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended (the "**<u>Exchange Act</u>**"), does not exceed 4.999% of the total number of issued and outstanding shares of Common Stock (including for such purpose the shares of Common Stock issuable upon such exercise)(the "**<u>Beneficial Ownership Limitation</u>**"). For such purposes, beneficial ownership shall be determined in accordance with Section 13(d) of the Exchange Act and the rules and regulations promulgated thereunder. By written notice to the Company, the Holder may increase the Beneficial Ownership Limitation to up to 9.999% of the total number of issued and outstanding shares of Common Stock (including for such purpose the shares of Common Stock issuable upon such exercise), but any such increase will not be effective until the 61st day after delivery of such notice. In no event shall the Beneficial Ownership Limitation be increased to greater than 9.999% of the total number of issued and outstanding shares of Common Stock (including for such purpose the shares of Common Stock issuable upon such exercise). This restriction may not be waived.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7.** <u>Mutilation or Loss of Warrant</u>. Upon receipt by the Company of evidence satisfactory to it of the loss, theft, destruction or mutilation of this Warrant, and (in the case of loss, theft or destruction) receipt of reasonably satisfactory indemnification, and (in the case of mutilation) upon surrender and cancellation of this Warrant, the Company will execute and deliver a new warrant of like tenor and date and any such lost, stolen, destroyed or mutilated Warrant shall thereupon become void.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8.** <u>No Rights as Shareholder</u>. The Holder shall not, by virtue hereof, be entitled to any rights of a shareholder of the Company, either at law or in equity, and the rights of the Holder are limited to those expressed in this Warrant and are not enforceable against the Company except to the extent set forth herein.

Agassi Sports Entertainment Corp.<br>Common Stock Purchase Warrant Agassi-2025-A2<br>Page 2 of 5<br>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9.** <u>Effect of Certain Transactions</u>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.1 <u>Adjustments for Stock Splits, Stock Dividends Etc</u>. If the number of outstanding shares of Common Stock of the Company are increased or decreased by a stock split, reverse stock split, stock dividend, stock combination, recapitalization or the like, the Exercise Price and the number of shares purchasable pursuant to this Warrant shall be adjusted proportionately so that the ratio of (i) the aggregate number of shares purchasable by exercise of this Warrant to (ii) the total number of shares outstanding immediately following such stock split, reverse stock split, stock dividend, stock combination, recapitalization or the like shall remain unchanged, and the aggregate purchase price of shares issuable pursuant to this Warrant shall remain unchanged.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.2 <u>Fundamental Transactions</u>. If at any time the Company plans to sell all or substantially all of its assets, or engage in a merger or consolidation of the Company in which the Company will not survive (other than a merger or consolidation with or into a wholly- or partially-owned subsidiary of the Company)(each a "**<u>Fundamental Transaction</u>**"), the Company will give the Holder of this Warrant advance written notice at least thirty (30) days prior to the planned closing of the Fundamental Transaction. If this Warrant or any part thereof is not exercised by the Holder prior to the date of the closing of the Fundamental Transaction, this Warrant or any unexercised portion thereof, shall expire and terminate effective upon such event.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**10.** <u>Transfer to Comply with the Securities Act</u>. This Warrant and the Warrant Shares have not been registered under the Securities Act of 1933, as amended, (the "**<u>Securities Act</u>**") and have been issued to the Holder for investment and not with a view to the distribution of either this Warrant or the Warrant Shares. Neither this Warrant nor any of the Warrant Shares or any other security issued or upon exercise of this Warrant may be sold, transferred, pledged or hypothecated in the absence of an effective registration statement under the Securities Act relating to such security or an opinion of counsel satisfactory to the Company that registration is not required under the Securities Act. Each certificate for this Warrant, the Warrant Shares and any other security issued or issuable upon exercise of this Warrant shall contain a legend in form and substance satisfactory to counsel for the Company, setting forth the restrictions on transfer contained in this Section.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**11.** <u>Notices</u>. Any notice or other communication required or permitted hereunder shall be in writing and shall be delivered personally or sent by certified, registered or express mail, postage pre-paid. Any such notice shall be deemed given when so delivered personally, or if mailed, two days after the date of deposit in the United States mails, as follows:

If to the Company, to:

Agassi Sports Entertainment Corp.

Attn: Ron Boreta 1120 N Town Center Drive, Suite 160

Las Vegas, Nevada 89144

Email: ron@agassisports.com

If to the Holder, to its address appearing on the Company's records.

Agassi Sports Entertainment Corp.<br>Common Stock Purchase Warrant Agassi-2025-A2<br>Page 3 of 5<br>

Any party may designate another address or person for receipt of notices hereunder by written notice given at least five (5) business days prior to the date such change will be effective, given to the other parties in accordance with this Section.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**12.** <u>Supplements and Amendments; Whole Agreement</u>. This Warrant may be amended or supplemented only by an instrument in writing signed by the Company and the Holder hereof. This Warrant contains the full understanding of the parties hereto with respect to the subject matter hereof, and there are no representations, warranties, agreements or understandings other than expressly contained herein.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**13.** <u>Governing Law</u>. This Warrant shall be deemed to be a contract made under the laws of the State of Nevada and for all purposes shall be governed by and construed in accordance with the laws of such State applicable to contracts to be made and performed entirely within such State. Any action brought by either party against the other concerning the transactions contemplated by this Warrant shall be brought only in the state courts of the County of Clark, Nevada or in the federal courts located in the County of Clark, Nevada. The parties to this Warrant hereby irrevocably waive any objection to jurisdiction and venue of any action instituted hereunder and shall not assert any defense based on lack of jurisdiction or venue or based upon *forum non conveniens*. Each party hereby irrevocably waives personal service of process and consents to process being served in any suit, action or proceeding in connection with this Warrant by mailing a copy thereof via registered or certified mail or overnight delivery (with evidence of delivery) to such party at the address in effect for notices to it under this Warrant and agrees that such service shall constitute good and sufficient service of process and notice thereof. Nothing contained herein shall be deemed to limit in any way any right to serve process in any other manner permitted by law.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**14.** <u>Counterparts</u>. This Warrant may be executed in any number of counterparts and each of such counterparts shall for all purposes be deemed to be an original, and all such counterparts shall together constitute but one and the same instrument.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**15.** <u>Descriptive Headings</u>. Descriptive headings of the several Sections of this Warrant are inserted for convenience only and shall not control or affect the meaning or construction of any of the provisions hereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**16.** <u>Assignability</u>. This Warrant or any part hereof may only be hereafter assigned by the Holder to an affiliate thereof executing documents reasonably required by the Company, subject to applicable law. Any such assignment shall be binding on the Company and shall inure to the benefit of any such assignee.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**17.** <u>Restrictions</u>. By acceptance hereof, the Holder acknowledges that the Warrant Shares acquired upon the exercise of this Warrant have restrictions upon their resale imposed by state and federal securities laws.

*[Remainder of the page intentionally left blank; signature page follows.]*

Agassi Sports Entertainment Corp.<br>Common Stock Purchase Warrant Agassi-2025-A2<br>Page 4 of 5<br>

**IN WITNESS WHEREOF**, the Company has executed this Warrant as of the Warrant Date set forth above.

&nbsp;&nbsp;**COMPANY:** <br>**Agassi Sports Entertainment Corp.**<br>By: *<u>/s/</u><u> </u><u>Ronald S. Boreta</u>*<br>Name: Ronald S. Boreta<br>Title: Chief Executive Officer<br>

Agassi Sports Entertainment Corp.<br>Common Stock Purchase Warrant Agassi-2025-A2<br>Page 5 of 5<br>

**NOTICE OF EXERCISE OF WARRANT**

Attention: Corporate Secretary

The undersigned hereby elects to purchase, pursuant to the provisions of the Common Stock Purchase Warrant Agassi-2025-A-2 issued by Agassi Sports Entertainment Corp., a Nevada corporation (the **"<u>Company</u>**") and held by the undersigned, _________ shares of Common Stock of the Company. Payment of the Exercise Price per Warrant Share required under the Warrant accompanies this Notice.

The issuance of the shares of Common Stock in connection with this Notice of Exercise of Warrant will not cause the undersigned to exceed the Beneficial Ownership Limitation of the Warrant.

The undersigned hereby represents and warrants that the undersigned is acquiring such Shares for his own account for investment purposes only, and not for resale or with a view to distribution of such Warrant Shares or any part thereof.

&nbsp;&nbsp;&nbsp;&nbsp;Date: ________, 20__ <br>WARRANTHOLDER: Signature:___________________________ Print Name:___________________________ Title:___________________________ Address:___________________________ Name in which Shares should be registered:___________________________

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## Exhibit 10.1

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**TRADEMARK ACQUISITION AGREEMENT**

This Trademark Acquisition Agreement ("Agreement") is made and entered into as of May 31, 2025 (the "Effective Date"), by and between:

**Sellers:** Patrick J. Rolfes, an individual with an address at 2006 Seadrift Drive, Corona Del Mar, CA, 92625 ("Rolfes") and Ted Angelo, an individual with an address at 2706 Country Club Blvd., Orange Park, FL 32073 ("Angelo"); and

**Buyer:** Agassi Sports Entertainment Corp., a Nevada corporation with a principal place of business at 1120 N. Town Center Drive, Suite 160, Las Vegas, NV 89144.

**WHEREAS**, Sellers are the sole and exclusive owners of the Trademark, as defined below; and

**WHEREAS**, Buyer desires to acquire all rights, title, and interest in and to the Trademark.

**NOW, THEREFORE**, for good and valuable consideration the receipt and sufficiency of which is hereby acknowledged by Sellers, the parties agree as follows :

**1. Assignment**

Sellers hereby assign, transfer, and convey to Buyer all rights, title, and interest in and to the following trademark (the "Trademark"), together with all the goodwill of the business associated therewith:

* **Trademark:** WORLD SERIES
 OF PICKLEBALL 

* **Registration No.:** 7,599,932

* **Jurisdiction:** United
 States

Simultaneous with the execution of this Agreement, Sellers and Buyer shall execute the Trademark Assignment attached as Exhibit A, for filing with the United States Patent and Trademark Office. In the event of any inconsistency, the terms of this Trademark Acquisition Agreement shall supersede the terms of the Trademark Assignment.

Sellers warrant and represent that there are no domain names or social media accounts owned or controlled by them which are related, directly or indirectly, to the Trademark.

**2. Consideration**

In consideration for the assignment of the Trademark, Buyer agrees to pay Sellers and Sellers agree to accept (a) the aggregate sum of Twenty-Five Thousand ($25,000) Dollars, payable within five (5) business days following the mutual execution of this Agreement, in accordance with instructions to be provided by Sellers to Buyer; and (b) common stock purchase warrants to purchase an aggregate of Fifty Thousand (50,000) shares of Buyer's common stock as set forth on Exhibit B and Exhibit C hereto (the "<u>Warrants</u>"), with Twenty-Five Thousand (25,000) Warrants granted in the name of Rolfes and Twenty-Five Thousand (25,000) Warrants granted in the name of Angelo.

Page 1 of 7<br>

**3. Sellers' Undertakings**

Sellers shall:

a. Provide any and all reasonable assistance requested by Buyer in connection with the Trademark, including recording the assignment of the Trademark, and providing information related to the Trademark;

b. Immediately cease any and all use of the Trademark and any mark confusingly similar thereto; c. Remove the Trademark from all products, packaging, advertising, digital or printed materials, and social media within five (5) days of the Effective Date; d. Not use, register, or apply for any mark that is identical or confusingly similar to the Trademark in the future, whether as a trademark, domain name, business name, or otherwise, or take any action which might diminish the value of the Trademark in any manner;

e. Not object to further applications filed by Buyer for the Trademark or derivatives thereof whether in the United States or internationally;

f. Not issue any press release, public announcement, or social media post, or otherwise disclose the existence or terms of this Agreement without Buyer's prior written consent; and

g. Not make any statement, public or private, oral or written, that is false, defamatory, or disparaging regarding (i) the Trademark, (ii) Buyer, its affiliates, officers, directors, agents, or employees; or (iii) the transaction contemplated by this Agreement.

h. Sellers are jointly and severally liable for any and all obligations of and undertakings by Sellers hereunder (except as set forth in Section 4(g), below).

i. At any time, and from time to time after the Effective Date, at Buyer's request, Sellers shall execute and deliver such other instruments of sale, transfer, conveyance, assignment and confirmation and take such other action, at Sellers' expense, as Buyer may reasonably deem necessary or desirable in order to perfect or otherwise enable the transfer, conveyance and assignment to Buyer and to confirm Buyer's title to the Trademark and any and all federal and state trademark registrations thereof or applications therefore. Sellers further agree to assist Buyer and to provide such reasonable cooperation and assistance to Buyer, at Buyer's expense, as Buyer may reasonably deem necessary and desirable in exercising and enforcing Buyer's rights in the Trademark.

**4. Representations and Warranties**

Sellers represent and warrant that:

Page 2 of 7<br>

a. Sellers are the sole and lawful owner of the Trademark and own the entire right, title and interest in and to the Trademark;

b. The Trademark is free and clear of any liens, encumbrances, licenses, or security interests;

c. Sellers have the full power and authority to enter into this Agreement and assign the Trademark and related rights hereunder;

d. The Trademark and the usage thereof do not infringe upon the rights of any third party;

e. All registrations for the Trademark are currently valid and subsisting and in full force and effect;

f. Sellers have not licensed the Trademark to any other person or entity or granted, either expressly or impliedly, any trademark or service mark rights with respect to the Trademark to any other person or entity; and

g. Each of the Sellers individually, and not jointly or severally, agree and confirm that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) The Seller recognizes that the Warrants and the shares of the Buyer's common stock issuable upon exercise thereof (collectively, the " <u>Securities</u> ") have not been registered under the Securities Act of 1933, as amended (the " <u>1933 Act,</u> " or the " <u>Act</u> "), nor under the securities laws of any state and, therefore, cannot be resold unless the resale of the Securities is registered under the 1933 Act or unless an exemption from registration is available. Seller may not sell the Securities without registering them under the 1933 Act and any applicable state securities laws unless exemptions from such registration requirements are available with respect to any such sale. The Buyer is under no obligation to register such Securities under the 1933 Act or under any state " <u>Blue Sky</u> " laws prior to or subsequent to their issuance;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) Seller is an " <u>accredited investor</u> " as such term is defined under Rule 501 of the 1933 Act;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) Seller has such knowledge and experience in financial and business matters such that Seller is capable of evaluating the merits and risks of an investment in the Securities and of making an informed investment decision, and does not require a representative in evaluating the merits and risks of an investment in the Securities;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) Seller recognizes that an investment in the Buyer is a speculative venture and that the total amount of consideration tendered in connection with the Securities is placed at the risk of the business and may be completely lost. The ownership of the Securities as an investment involves special risks;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) Seller confirms and represents that he is able (i) to bear the economic risk of the Securities, (ii) to hold the Securities for an indefinite period of time, and (iii) to afford a complete loss of the Securities. Seller also represents that he has (x) adequate means of providing for his current needs and possible personal contingencies, and (y) has no need for liquidity in the Securities;

Page 3 of 7<br>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vi) Seller has carefully considered and has, to the extent he believes such discussion necessary, discussed with his professional, legal, tax and financial advisors, the suitability of an investment in the Securities for his particular tax and financial situation and his advisers, if such advisors were deemed necessary, have determined that the Securities are a suitable investment for him;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vii) the Buyer is under no obligation to register or seek an exemption under any federal and/or state securities acts for any sale or transfer of the Securities by Seller, and Seller is solely responsible for determining the status, in his hands, of the Securities acquired in connection herewith and the availability, if required, of exemptions from registration for purposes of sale or transfer of the Securities;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(viii) the Seller acknowledges that he (A) is aware of, has received and had an opportunity to review (x) the Buyer's Annual Report on Form 10-K for the year ended December 31, 2024, as filed with the Securities and Exchange Commission ("SEC") on March 26, 2025 (the "Annual Report"); (y) the Buyer's Quarterly Report on Form 10-Q for the quarter ended March 31, 2025, as filed with the SEC on May 14, 2025; (z) Buyer's current reports on Form 8-K from January 1, 2025, to the date of this Agreement (which filings can be accessed by going to https://www.sec.gov/edgar/searchedgar/companysearch.html, typing "Agassi Sports" in the "Name, ticker symbol, or CIK" field, and clicking the "Submit" button), in each case (x) through (z), including, but not limited to, the audited and unaudited financial statements, description of business, risk factors, results of operations, certain transactions and related business disclosures described therein (collectively the "Disclosure Documents") and an independent investigation made by it of Buyer; and (B) is not relying on any oral representation of Buyer or any other person, nor any written representation or assurance from Buyer; in connection with Seller's acceptance of the Shares and investment decision in connection therewith.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ix) The Seller is acquiring the Securities for his own account for long-term investment and not with a view toward resale, fractionalization or division, or distribution thereof, and he does not presently have any reason to anticipate any change in his circumstances, financial or otherwise, or particular occasion or event which would necessitate or require his sale or distribution of the Securities. No one other than the Seller has any beneficial interest in said securities; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(x) Seller understands and agrees that a legend has been or will be placed on any certificate(s) or other document(s) evidencing the Securities in substantially the following form:

"THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED OR ANY STATE SECURITIES ACT. THE SECURITIES HAVE BEEN ACQUIRED FOR INVESTMENT AND MAY NOT BE SOLD, TRANSFERRED, PLEDGED OR HYPOTHECATED UNLESS (I) THEY SHALL HAVE BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED AND ANY APPLICABLE STATE SECURITIES ACT, OR (II) THE CORPORATION SHALL HAVE BEEN FURNISHED WITH AN OPINION OF COUNSEL, SATISFACTORY TO COUNSEL FOR THE CORPORATION, THAT REGISTRATION IS NOT REQUIRED UNDER ANY SUCH ACTS."

Page 4 of 7<br>

**5. VIP Tickets**

During the lifetime of the Sellers, Buyer agrees to furnish to Sellers an aggregate of six (6) VIP tickets to all World Series of Pickleball events produced by or on behalf of Buyer. Such tickets shall be subject to all the rules and regulations, including standards of behavior, applicable to tickets generally.

**6. Indemnity**

Sellers hereby agree to indemnify and hold harmless Buyer, Buyer's directors, officers, employees, successors and assigns, harmless from and against any loss, liability, cost or expense (including reasonable counsel fees) incurred by them arising out of or in connection with the breach or alleged breach of Sellers' warranties, representations, and agreements made herein.

**7. Governing Law**

This Agreement shall be governed by and construed in accordance with the laws of the State of Nevada, without regard to its conflict of law principles.

**8. Entire Agreement**

This Agreement constitutes the entire agreement between the parties, supersedes all prior or contemporaneous understandings, agreements, representations, and warranties, whether written or oral, and cannot be modified except in a writing signed by all parties. This Agreement shall be binding on and inure to the benefit of the parties and their respective successors and assigns, if any.

**9. Counterparts**

This Agreement may be executed in counterparts, each of which shall be deemed an original, and all of which together shall constitute one and the same instrument. Signatures transmitted electronically or by PDF shall be deemed effective.

Page 5 of 7<br>

**10. Severability**

Any provision of this Agreement that is invalid, illegal or unenforceable in any jurisdiction shall, as to that jurisdiction, be ineffective to the extent of such invalidity, illegality or unenforceability, without affecting in any way the remaining provisions of this Agreement in such jurisdiction or

rendering that or any other provision of this Agreement invalid, illegal or unenforceable in any other jurisdiction.

**11. Legal Counsel/Authorship**

Sellers acknowledge that Buyer has recommended that they engage legal counsel to review this Agreement on their behalf. Sellers represent that either they have done so, or they have affirmatively decided not to do so. Both Buyer and Sellers shall be deemed to be the authors of this Agreement.

IN WITNESS WHEREOF, the parties have executed this Trademark Acquisition Agreement as of the Effective Date.

**Seller:**

Signature: *<u>/s/ Patrick J. Rolfes</u>*

Name: Patrick J. Rolfes

Date: <u>May 31, 2025</u>

**Seller:**

Signature: *<u>/s/ Ted Angelo</u>*

Name: Ted Angelo

Date: <u>May 31, 2025</u>

**Buyer:**

Agassi Sports Entertainment Corp.

Signature: */s/ Ronald S. Boreta*

Name: Ronald S. Boreta

Title: Chief Executive Officer

Date: <u>May 31, 2025</u>

Page 6 of 7<br>

Page 7 of 7<br>

**Exhibit A**<br>

**TRADEMARK ASSIGNMENT**

This trademark assignment (the "Trademark Assignment") is effective as of May 31, 2025 and is made and entered into between Patrick J. Rolfes and Ted Angelo ("Assignors") and Agassi Sports Entertainment Corp. ("Assignee").

WHEREAS, Assignors are the joint owners of U.S. Trademark Registration No. 7,599,932 for the mark **WORLD SERIES OF PICKLEBALL** as shown in Exhibit 1, together with the goodwill of the business symbolized thereby (the "Trademark"); and

WHEREAS, Assignors have agreed to sell, convey, assign and transfer to Assignee all of Assignors' right, title and interest in the Trademark, along with any common law rights related thereto.

NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows:

1.  **<u>Assignment.</u>** Assignors hereby sell, convey, assign and transfer to Assignee all of Assignors' right, title and interest in and to the Trademark and any and all goodwill of the business symbolized thereby, including all common law rights and rights therein provided by international conventions and treaties, and the right to sue for past, present and future infringement thereof.

2.  **<u>No Warranties.</u>** Each of the parties represents and warrants that it has the authority to enter into this Assignment Agreement. Assignors make no warranties, express or implied, with respect to the Trademark.

3.  **<u>Further Assurances.</u>** Assignors shall take all further actions, and provide to Assignee all such reasonable cooperation and assistance (including, without limitation, the execution and delivery of any and all affidavits, declarations, oaths, samples, exhibits, specimens, assignments, powers of attorney or other documentation), reasonably requested by Assignee, at Assignee's cost and expense, to more fully and effectively effectuate the purpose of this Assignment, including, without limitation, with respect to the implementation or perfection of this Agreement in all applicable jurisdictions throughout the world, including the execution and delivery of assignments in recordable form necessary to assign such rights.

**4.**  **<u>Direction to Record.</u>** Assignors hereby request the Commissioner of Patents and Trademarks, and the corresponding entities or agencies in any other applicable countries, to record Assignee as the assignee and owner of the Trademark.

5.  **<u>Counterparts.</u> This Assignment** may be executed in one or more counterparts, each of which shall be deemed an original, but all of which taken together shall constitute one and the same instrument.

[Remainder of page left intentionally blank. Signature page follows.]

Page 1 of 3<br>

**IN WITNESS WHEREOF**, Assignors and Assignee have caused this Assignment to be executed as of the date first written above by its duly authorized representative.

Patrick J. Rolfes (Assignor)

__________________________________________

May 31, 2025

Ted Angelo (Assignor)

__________________________________________

May 31, 2025

Agassi Sports Entertainment Corp. (Assignee)

__________________________________________

By: Ronald S. Boreta

Its: Chief Executive Officer

May 31, 2025

Page 2 of 3<br>

**EXHIBIT 1**

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Mark** | &nbsp;&nbsp;**U.S. Reg. No.** | &nbsp;&nbsp;**Reg. Date** |
| &nbsp;&nbsp;**WORLD SERIES OF PICKLEBALL** | &nbsp;&nbsp;7,599,932 | &nbsp;&nbsp;December 10, 2024 |

---

Page 3 of 3<br>

**Exhibit B**<br>

**NEITHER THIS WARRANT NOR ANY OF THE SECURITIES ISSUABLE UPON ITS EXERCISE HAVE BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED AND SUCH SECURITIES MAY NOT BE TRANSFERRED UNLESS COVERED BY AN EFFECTIVE REGISTRATION STATEMENT UNDER SAID ACT OR AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT. THE ISSUER OF THESE SECURITIES MAY REQUIRE AN OPINION OF COUNSEL IN FORM AND SUBSTANCE SATISFACTORY TO THE ISSUER TO THE EFFECT THAT ANY PROPOSED TRANSFER OR RESALE IS IN COMPLIANCE WITH THE SECURITIES ACT AND ANY APPLICABLE STATE SECURITIES.**

---

| | |
|:---|:---|
| Warrant No.: **Agassi-2025-A1** <br>Warrant Date: **May 31, 2025** | Number of Shares: 25,000  |

---

**AGASSI SPORTS ENTERTAINMENT CORP.**

**COMMON STOCK PURCHASE WARRANT**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1.** <u>Issuance</u>. For value received, the receipt of which is hereby acknowledged by **Agassi Sports Entertainment Corp.**, a Nevada corporation (the "**<u>Company</u>**"), **Patrick J. Rolfes**, an individual or his registered assigns (the "**<u>Holder</u>**"), is hereby granted the right to purchase, until the close of business on May 31, 2028 (the "**<u>Expiration Date</u>**"), Twenty-Five Thousand (25,000), subject to adjustment upon certain events as described in greater detail below, fully paid and nonassessable shares of the Company's Common Stock, par value $0.001 per share (the "**<u>Common Stock</u>**"). This Common Stock Purchase Warrant (this "**<u>Warrant</u>**") is being issued to the Holder as partial consideration pursuant to that certain Trademark Acquisition Agreement dated on or around the date of this Warrant, by and between the Company, Patrick J. Rolfes and Ted Angelo. For the purposes of this Warrant:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2.** <u>Exercise Price</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.1 The exercise price per share of Common Stock shall be **$5.75** per share (the "**<u>Exercise Price</u>**")(subject to adjustment upon certain events as described in greater detail below). The Exercise Price shall be payable in cash in immediately available funds.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.2 This Warrant may not be exercised via a cashless exercise.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3.** <u>Procedure for Exercise</u>. Upon surrender of this Warrant with the annexed Notice of Exercise Form duly executed, together with payment in cash of the aggregate Exercise Price for the shares of Common Stock purchased, the Holder shall be entitled to receive a certificate or certificates for the shares of Common Stock so purchased (the "**<u>Warrant Shares</u>**"). This Warrant may be exercised in whole or in part, subject to the Beneficial Ownership Limitation (defined below). On any such partial exercise, provided the Holder has surrendered the original Warrant, the Company will issue and deliver to the order of the Holder a new Warrant of like tenor, in the name of the Holder, for the whole number of shares of Common Stock for which such Warrant may still be exercised.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4.** <u>No Fractional Shares or Scrip</u>. No fractional Shares or scrip representing fractional Warrant Shares shall be issued upon the exercise of this Warrant, but in lieu of such fractional Warrant Shares the Company shall issue an additional share of Common Stock to the Holder or pay the Holder the fair market value of such fractional share, as determined in the reasonable discretion of the Board of Directors of the Company, in the Company's sole discretion.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5.** <u>Reservation of Shares</u>. The Company hereby agrees that at all times during the term of this Warrant there shall be reserved for issuance upon exercise of this Warrant such number of Warrant Shares as shall be required for issuance upon exercise hereof. Any shares issuable upon exercise of this Warrant will be duly and validly issued, fully paid, non-assessable and free of all liens and charges and not subject to any preemptive rights and rights of first refusal.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**6.** <u>Beneficial Ownership Limitation</u>. Notwithstanding anything to the contrary contained herein, the number of Warrant Shares that may be acquired by the Holder upon any exercise of this Warrant (or otherwise in respect hereof) shall be limited to the extent necessary to insure that, following such exercise (or other issuance), the total number of shares of Common Stock then beneficially owned by such Holder and its affiliates (as defined under Rule 144 of the Securities Act, "**<u>Affiliates</u>**") and any other persons whose beneficial ownership of Common Stock would be aggregated with the Holder's for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended (the "**<u>Exchange Act</u>**"), does not exceed 4.999% of the total number of issued and outstanding shares of Common Stock (including for such purpose the shares of Common Stock issuable upon such exercise)(the "**<u>Beneficial Ownership Limitation</u>**"). For such purposes, beneficial ownership shall be determined in accordance with Section 13(d) of the Exchange Act and the rules and regulations promulgated thereunder. By written notice to the Company, the Holder may increase the Beneficial Ownership Limitation to up to 9.999% of the total number of issued and outstanding shares of Common Stock (including for such purpose the shares of Common Stock issuable upon such exercise), but any such increase will not be effective until the 61st day after delivery of such notice. In no event shall the Beneficial Ownership Limitation be increased to greater than 9.999% of the total number of issued and outstanding shares of Common Stock (including for such purpose the shares of Common Stock issuable upon such exercise). This restriction may not be waived.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**7.** <u>Mutilation or Loss of Warrant</u>. Upon receipt by the Company of evidence satisfactory to it of the loss, theft, destruction or mutilation of this Warrant, and (in the case of loss, theft or destruction) receipt of reasonably satisfactory indemnification, and (in the case of mutilation) upon surrender and cancellation of this Warrant, the Company will execute and deliver a new warrant of like tenor and date and any such lost, stolen, destroyed or mutilated Warrant shall thereupon become void.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8.** <u>No Rights as Shareholder</u>. The Holder shall not, by virtue hereof, be entitled to any rights of a shareholder of the Company, either at law or in equity, and the rights of the Holder are limited to those expressed in this Warrant and are not enforceable against the Company except to the extent set forth herein.

Agassi Sports Entertainment Corp.<br>Common Stock Purchase Warrant Agassi-2025-A-1<br>Page 2 of 5<br>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**9.** <u>Effect of Certain Transactions</u>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.1 <u>Adjustments for Stock Splits, Stock Dividends Etc</u>. If the number of outstanding shares of Common Stock of the Company are increased or decreased by a stock split, reverse stock split, stock dividend, stock combination, recapitalization or the like, the Exercise Price and the number of shares purchasable pursuant to this Warrant shall be adjusted proportionately so that the ratio of (i) the aggregate number of shares purchasable by exercise of this Warrant to (ii) the total number of shares outstanding immediately following such stock split, reverse stock split, stock dividend, stock combination, recapitalization or the like shall remain unchanged, and the aggregate purchase price of shares issuable pursuant to this Warrant shall remain unchanged.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.2 <u>Fundamental Transactions</u>. If at any time the Company plans to sell all or substantially all of its assets, or engage in a merger or consolidation of the Company in which the Company will not survive (other than a merger or consolidation with or into a wholly- or partially-owned subsidiary of the Company)(each a "**<u>Fundamental Transaction</u>**"), the Company will give the Holder of this Warrant advance written notice at least thirty (30) days prior to the planned closing of the Fundamental Transaction. If this Warrant or any part thereof is not exercised by the Holder prior to the date of the closing of the Fundamental Transaction, this Warrant or any unexercised portion thereof, shall expire and terminate effective upon such event.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**10.** <u>Transfer to Comply with the Securities Act</u>. This Warrant and the Warrant Shares have not been registered under the Securities Act of 1933, as amended, (the "**<u>Securities Act</u>**") and have been issued to the Holder for investment and not with a view to the distribution of either this Warrant or the Warrant Shares. Neither this Warrant nor any of the Warrant Shares or any other security issued or upon exercise of this Warrant may be sold, transferred, pledged or hypothecated in the absence of an effective registration statement under the Securities Act relating to such security or an opinion of counsel satisfactory to the Company that registration is not required under the Securities Act. Each certificate for this Warrant, the Warrant Shares and any other security issued or issuable upon exercise of this Warrant shall contain a legend in form and substance satisfactory to counsel for the Company, setting forth the restrictions on transfer contained in this Section.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**11.** <u>Notices</u>. Any notice or other communication required or permitted hereunder shall be in writing and shall be delivered personally or sent by certified, registered or express mail, postage pre-paid. Any such notice shall be deemed given when so delivered personally, or if mailed, two days after the date of deposit in the United States mails, as follows:

If to the Company, to:

Agassi Sports Entertainment Corp.

Attn: Ron Boreta 1120 N Town Center Drive, Suite 160

Las Vegas, Nevada 89144

Email: ron@agassisports.com

If to the Holder, to its address appearing on the Company's records.

Agassi Sports Entertainment Corp.<br>Common Stock Purchase Warrant Agassi-2025-A-1<br>Page 3 of 5<br>

Any party may designate another address or person for receipt of notices hereunder by written notice given at least five (5) business days prior to the date such change will be effective, given to the other parties in accordance with this Section.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**12.** <u>Supplements and Amendments; Whole Agreement</u>. This Warrant may be amended or supplemented only by an instrument in writing signed by the Company and the Holder hereof. This Warrant contains the full understanding of the parties hereto with respect to the subject matter hereof, and there are no representations, warranties, agreements or understandings other than expressly contained herein.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**13.** <u>Governing Law</u>. This Warrant shall be deemed to be a contract made under the laws of the State of Nevada and for all purposes shall be governed by and construed in accordance with the laws of such State applicable to contracts to be made and performed entirely within such State. Any action brought by either party against the other concerning the transactions contemplated by this Warrant shall be brought only in the state courts of the County of Clark, Nevada or in the federal courts located in the County of Clark, Nevada. The parties to this Warrant hereby irrevocably waive any objection to jurisdiction and venue of any action instituted hereunder and shall not assert any defense based on lack of jurisdiction or venue or based upon *forum non conveniens*. Each party hereby irrevocably waives personal service of process and consents to process being served in any suit, action or proceeding in connection with this Warrant by mailing a copy thereof via registered or certified mail or overnight delivery (with evidence of delivery) to such party at the address in effect for notices to it under this Warrant and agrees that such service shall constitute good and sufficient service of process and notice thereof. Nothing contained herein shall be deemed to limit in any way any right to serve process in any other manner permitted by law.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**14.** <u>Counterparts</u>. This Warrant may be executed in any number of counterparts and each of such counterparts shall for all purposes be deemed to be an original, and all such counterparts shall together constitute but one and the same instrument.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**15.** <u>Descriptive Headings</u>. Descriptive headings of the several Sections of this Warrant are inserted for convenience only and shall not control or affect the meaning or construction of any of the provisions hereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**16.** <u>Assignability</u>. This Warrant or any part hereof may only be hereafter assigned by the Holder to an affiliate thereof executing documents reasonably required by the Company, subject to applicable law. Any such assignment shall be binding on the Company and shall inure to the benefit of any such assignee.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**17.** <u>Restrictions</u>. By acceptance hereof, the Holder acknowledges that the Warrant Shares acquired upon the exercise of this Warrant have restrictions upon their resale imposed by state and federal securities laws.

*[Remainder of the page intentionally left blank; signature page follows.]*

Agassi Sports Entertainment Corp.<br>Common Stock Purchase Warrant Agassi-2025-A-1<br>Page 4 of 5<br>

**IN WITNESS WHEREOF**, the Company has executed this Warrant as of the Warrant Date set forth above.

&nbsp;&nbsp;**COMPANY:** <br>**Agassi Sports Entertainment Corp.**<br>By:___________________________________<br>Name: Ronald S. Boreta <br>Title: Chief Executive Officer<br>

Agassi Sports Entertainment Corp.<br>Common Stock Purchase Warrant Agassi-2025-A-1<br>Page 5 of 5<br>

**NOTICE OF EXERCISE OF WARRANT**

Attention: Corporate Secretary

The undersigned hereby elects to purchase, pursuant to the provisions of the Common Stock Purchase Warrant Agassi-2025-A-1 issued by Agassi Sports Entertainment Corp., a Nevada corporation (the **"<u>Company</u>**") and held by the undersigned, _________ shares of Common Stock of the Company. Payment of the Exercise Price per Warrant Share required under the Warrant accompanies this Notice.

The issuance of the shares of Common Stock in connection with this Notice of Exercise of Warrant will not cause the undersigned to exceed the Beneficial Ownership Limitation of the Warrant.

The undersigned hereby represents and warrants that the undersigned is acquiring such Shares for his own account for investment purposes only, and not for resale or with a view to distribution of such Warrant Shares or any part thereof.

&nbsp;&nbsp;&nbsp;&nbsp;Date: ________, 20__ <br>WARRANTHOLDER: Signature:___________________________ Print Name:___________________________ Title:___________________________ Address:___________________________ Name in which Shares should be registered:___________________________

**Exhibit C**<br>

**NEITHER THIS WARRANT NOR ANY OF THE SECURITIES ISSUABLE UPON ITS EXERCISE HAVE BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED AND SUCH SECURITIES MAY NOT BE TRANSFERRED UNLESS COVERED BY AN EFFECTIVE REGISTRATION STATEMENT UNDER SAID ACT OR AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT. THE ISSUER OF THESE SECURITIES MAY REQUIRE AN OPINION OF COUNSEL IN FORM AND SUBSTANCE SATISFACTORY TO THE ISSUER TO THE EFFECT THAT ANY PROPOSED TRANSFER OR RESALE IS IN COMPLIANCE WITH THE SECURITIES ACT AND ANY APPLICABLE STATE SECURITIES.**

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| | |
|:---|:---|
| Warrant No.: **Agassi-2025-A2** <br>Warrant Date: **May 31, 2025** | Number of Shares: 25,000  |

---

**AGASSI SPORTS ENTERTAINMENT CORP.**

**COMMON STOCK PURCHASE WARRANT**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**18.** <u>Issuance</u>. For value received, the receipt of which is hereby acknowledged by **Agassi Sports Entertainment Corp.**, a Nevada corporation (the "**<u>Company</u>**"), **Ted Angelo**, an individual or his registered assigns (the "**<u>Holder</u>**"), is hereby granted the right to purchase, until the close of business on May 31, 2028 (the "**<u>Expiration Date</u>**"), Twenty-Five Thousand (25,000), subject to adjustment upon certain events as described in greater detail below, fully paid and nonassessable shares of the Company's Common Stock, par value $0.001 per share (the "**<u>Common Stock</u>**"). This Common Stock Purchase Warrant (this "**<u>Warrant</u>**") is being issued to the Holder as partial consideration pursuant to that certain Trademark Acquisition Agreement dated on or around the date of this Warrant, by and between the Company, Patrick J. Rolfes and Ted Angelo. For the purposes of this Warrant:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**19.** <u>Exercise Price</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19.1 The exercise price per share of Common Stock shall be **$5.75** per share (the "**<u>Exercise Price</u>**")(subject to adjustment upon certain events as described in greater detail below). The Exercise Price shall be payable in cash in immediately available funds.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19.2 This Warrant may not be exercised via a cashless exercise.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**20.** <u>Procedure for Exercise</u>. Upon surrender of this Warrant with the annexed Notice of Exercise Form duly executed, together with payment in cash of the aggregate Exercise Price for the shares of Common Stock purchased, the Holder shall be entitled to receive a certificate or certificates for the shares of Common Stock so purchased (the "**<u>Warrant Shares</u>**"). This Warrant may be exercised in whole or in part, subject to the Beneficial Ownership Limitation (defined below). On any such partial exercise, provided the Holder has surrendered the original Warrant, the Company will issue and deliver to the order of the Holder a new Warrant of like tenor, in the name of the Holder, for the whole number of shares of Common Stock for which such Warrant may still be exercised.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**21.** <u>No Fractional Shares or Scrip</u>. No fractional Shares or scrip representing fractional Warrant Shares shall be issued upon the exercise of this Warrant, but in lieu of such fractional Warrant Shares the Company shall issue an additional share of Common Stock to the Holder or pay the Holder the fair market value of such fractional share, as determined in the reasonable discretion of the Board of Directors of the Company, in the Company's sole discretion.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**22.** <u>Reservation of Shares</u>. The Company hereby agrees that at all times during the term of this Warrant there shall be reserved for issuance upon exercise of this Warrant such number of Warrant Shares as shall be required for issuance upon exercise hereof. Any shares issuable upon exercise of this Warrant will be duly and validly issued, fully paid, non-assessable and free of all liens and charges and not subject to any preemptive rights and rights of first refusal.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**23.** <u>Beneficial Ownership Limitation</u>. Notwithstanding anything to the contrary contained herein, the number of Warrant Shares that may be acquired by the Holder upon any exercise of this Warrant (or otherwise in respect hereof) shall be limited to the extent necessary to insure that, following such exercise (or other issuance), the total number of shares of Common Stock then beneficially owned by such Holder and its affiliates (as defined under Rule 144 of the Securities Act, "**<u>Affiliates</u>**") and any other persons whose beneficial ownership of Common Stock would be aggregated with the Holder's for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended (the "**<u>Exchange Act</u>**"), does not exceed 4.999% of the total number of issued and outstanding shares of Common Stock (including for such purpose the shares of Common Stock issuable upon such exercise)(the "**<u>Beneficial Ownership Limitation</u>**"). For such purposes, beneficial ownership shall be determined in accordance with Section 13(d) of the Exchange Act and the rules and regulations promulgated thereunder. By written notice to the Company, the Holder may increase the Beneficial Ownership Limitation to up to 9.999% of the total number of issued and outstanding shares of Common Stock (including for such purpose the shares of Common Stock issuable upon such exercise), but any such increase will not be effective until the 61st day after delivery of such notice. In no event shall the Beneficial Ownership Limitation be increased to greater than 9.999% of the total number of issued and outstanding shares of Common Stock (including for such purpose the shares of Common Stock issuable upon such exercise). This restriction may not be waived.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**24.** <u>Mutilation or Loss of Warrant</u>. Upon receipt by the Company of evidence satisfactory to it of the loss, theft, destruction or mutilation of this Warrant, and (in the case of loss, theft or destruction) receipt of reasonably satisfactory indemnification, and (in the case of mutilation) upon surrender and cancellation of this Warrant, the Company will execute and deliver a new warrant of like tenor and date and any such lost, stolen, destroyed or mutilated Warrant shall thereupon become void.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**25.** <u>No Rights as Shareholder</u>. The Holder shall not, by virtue hereof, be entitled to any rights of a shareholder of the Company, either at law or in equity, and the rights of the Holder are limited to those expressed in this Warrant and are not enforceable against the Company except to the extent set forth herein.

Agassi Sports Entertainment Corp.<br>Common Stock Purchase Warrant Agassi-2025-A2<br>Page 2 of 5<br>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**26.** <u>Effect of Certain Transactions</u>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26.1 <u>Adjustments for Stock Splits, Stock Dividends Etc</u>. If the number of outstanding shares of Common Stock of the Company are increased or decreased by a stock split, reverse stock split, stock dividend, stock combination, recapitalization or the like, the Exercise Price and the number of shares purchasable pursuant to this Warrant shall be adjusted proportionately so that the ratio of (i) the aggregate number of shares purchasable by exercise of this Warrant to (ii) the total number of shares outstanding immediately following such stock split, reverse stock split, stock dividend, stock combination, recapitalization or the like shall remain unchanged, and the aggregate purchase price of shares issuable pursuant to this Warrant shall remain unchanged.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26.2 <u>Fundamental Transactions</u>. If at any time the Company plans to sell all or substantially all of its assets, or engage in a merger or consolidation of the Company in which the Company will not survive (other than a merger or consolidation with or into a wholly- or partially-owned subsidiary of the Company)(each a "**<u>Fundamental Transaction</u>**"), the Company will give the Holder of this Warrant advance written notice at least thirty (30) days prior to the planned closing of the Fundamental Transaction. If this Warrant or any part thereof is not exercised by the Holder prior to the date of the closing of the Fundamental Transaction, this Warrant or any unexercised portion thereof, shall expire and terminate effective upon such event.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**27.** <u>Transfer to Comply with the Securities Act</u>. This Warrant and the Warrant Shares have not been registered under the Securities Act of 1933, as amended, (the "**<u>Securities Act</u>**") and have been issued to the Holder for investment and not with a view to the distribution of either this Warrant or the Warrant Shares. Neither this Warrant nor any of the Warrant Shares or any other security issued or upon exercise of this Warrant may be sold, transferred, pledged or hypothecated in the absence of an effective registration statement under the Securities Act relating to such security or an opinion of counsel satisfactory to the Company that registration is not required under the Securities Act. Each certificate for this Warrant, the Warrant Shares and any other security issued or issuable upon exercise of this Warrant shall contain a legend in form and substance satisfactory to counsel for the Company, setting forth the restrictions on transfer contained in this Section.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**28.** <u>Notices</u>. Any notice or other communication required or permitted hereunder shall be in writing and shall be delivered personally or sent by certified, registered or express mail, postage pre-paid. Any such notice shall be deemed given when so delivered personally, or if mailed, two days after the date of deposit in the United States mails, as follows:

If to the Company, to:

Agassi Sports Entertainment Corp.

Attn: Ron Boreta 1120 N Town Center Drive, Suite 160

Las Vegas, Nevada 89144

Email: ron@agassisports.com

If to the Holder, to its address appearing on the Company's records.

Agassi Sports Entertainment Corp.<br>Common Stock Purchase Warrant Agassi-2025-A2<br>Page 3 of 5<br>

Any party may designate another address or person for receipt of notices hereunder by written notice given at least five (5) business days prior to the date such change will be effective, given to the other parties in accordance with this Section.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**29.** <u>Supplements and Amendments; Whole Agreement</u>. This Warrant may be amended or supplemented only by an instrument in writing signed by the Company and the Holder hereof. This Warrant contains the full understanding of the parties hereto with respect to the subject matter hereof, and there are no representations, warranties, agreements or understandings other than expressly contained herein.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**30.** <u>Governing Law</u>. This Warrant shall be deemed to be a contract made under the laws of the State of Nevada and for all purposes shall be governed by and construed in accordance with the laws of such State applicable to contracts to be made and performed entirely within such State. Any action brought by either party against the other concerning the transactions contemplated by this Warrant shall be brought only in the state courts of the County of Clark, Nevada or in the federal courts located in the County of Clark, Nevada. The parties to this Warrant hereby irrevocably waive any objection to jurisdiction and venue of any action instituted hereunder and shall not assert any defense based on lack of jurisdiction or venue or based upon *forum non conveniens*. Each party hereby irrevocably waives personal service of process and consents to process being served in any suit, action or proceeding in connection with this Warrant by mailing a copy thereof via registered or certified mail or overnight delivery (with evidence of delivery) to such party at the address in effect for notices to it under this Warrant and agrees that such service shall constitute good and sufficient service of process and notice thereof. Nothing contained herein shall be deemed to limit in any way any right to serve process in any other manner permitted by law.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**31.** <u>Counterparts</u>. This Warrant may be executed in any number of counterparts and each of such counterparts shall for all purposes be deemed to be an original, and all such counterparts shall together constitute but one and the same instrument.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**32.** <u>Descriptive Headings</u>. Descriptive headings of the several Sections of this Warrant are inserted for convenience only and shall not control or affect the meaning or construction of any of the provisions hereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**33.** <u>Assignability</u>. This Warrant or any part hereof may only be hereafter assigned by the Holder to an affiliate thereof executing documents reasonably required by the Company, subject to applicable law. Any such assignment shall be binding on the Company and shall inure to the benefit of any such assignee.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**34.** <u>Restrictions</u>. By acceptance hereof, the Holder acknowledges that the Warrant Shares acquired upon the exercise of this Warrant have restrictions upon their resale imposed by state and federal securities laws.

*[Remainder of the page intentionally left blank; signature page follows.]*

Agassi Sports Entertainment Corp.<br>Common Stock Purchase Warrant Agassi-2025-A2<br>Page 4 of 5<br>

**IN WITNESS WHEREOF**, the Company has executed this Warrant as of the Warrant Date set forth above.

&nbsp;&nbsp;**COMPANY:** <br>**Agassi Sports Entertainment Corp.**<br>By:___________________________________<br>Name: Ronald S. Boreta<br>Title: Chief Executive Officer<br>

Agassi Sports Entertainment Corp.<br>Common Stock Purchase Warrant Agassi-2025-A2<br>Page 5 of 5<br>

**NOTICE OF EXERCISE OF WARRANT**

Attention: Corporate Secretary

The undersigned hereby elects to purchase, pursuant to the provisions of the Common Stock Purchase Warrant Agassi-2025-A-2 issued by Agassi Sports Entertainment Corp., a Nevada corporation (the **"<u>Company</u>**") and held by the undersigned, _________ shares of Common Stock of the Company. Payment of the Exercise Price per Warrant Share required under the Warrant accompanies this Notice.

The issuance of the shares of Common Stock in connection with this Notice of Exercise of Warrant will not cause the undersigned to exceed the Beneficial Ownership Limitation of the Warrant.

The undersigned hereby represents and warrants that the undersigned is acquiring such Shares for his own account for investment purposes only, and not for resale or with a view to distribution of such Warrant Shares or any part thereof.

&nbsp;&nbsp;&nbsp;&nbsp;Date: ________, 20__ <br>WARRANTHOLDER: Signature:___________________________ Print Name:___________________________ Title:___________________________ Address:___________________________ Name in which Shares should be registered:___________________________

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## Exhibit 99.1

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**Agassi Sports Entertainment Acquires Trademark and All Rights Associated with the Name "World Series of Pickleball"**

LAS VEGAS, NV / ACCESSWIRE / June 4, 2025 / Agassi Sports Entertainment Corp. ("AASP" or the "company") (OTC Pink:AASP) is pleased to announce that it has acquired the trademark and all rights associated with the name "*World Series of Pickleball*", as registered with the US trademark office.

AASP has been, and continues to be, in discussions with potential partners, sponsors and other stakeholders to develop a significant global event around the sport of Pickleball, to be held in Las Vegas, the entertainment capital of the world and home of Agassi Sports Entertainment.

We expect the World Series of Pickleball to be open to, and showcase, the best and most passionate pickleball players from around the globe in a multi-day event with the prize money, entertainment and grandeur in the tradition of Las Vegas.

Commenting for AASP, CEO Ronald S. Boreta said, "This is an exciting step in our goal of AASP's becoming a significant leader in growing the sport of Pickleball worldwide, through events, competition, media content, technology, wellness and facilities. We believe that by acquiring the name and trademark for The World Series of Pickleball, pickleball players from around the globe will recognize the fun, scale and tradition of what we expect to create in our home of Las Vegas. We continue to accelerate our discussions with potential partners and sponsors and look forward to sharing more details as this planned exciting global event continues to take shape."

**About Agassi Sports Entertainment Corp.**

The Company's efforts are initially focused on court sports, beginning with planned growth opportunities associated with branding and growing the pickleball and padel industries, both of which are currently experiencing significant growth.

**Forward-Looking Statements**

This press release includes "forward-looking statements", including information about management's view of the Company's future expectations, plans and prospects. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "continue" and similar expressions are intended to identify such forward-looking statements. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results and, consequently, you should not rely on these forward-looking statements as predictions of future events. These forward-looking statements and factors that may cause such differences include, without limitation, the ability of the Company to raise funding to support its operational plans, the terms of such financing and potential dilution caused thereby; the ability of the Company to complete the steps necessary to undertake its current operational plan, the costs associated therewith, timing relating thereto, and the ability of the Company to generate revenues associated therewith; the concentration of ownership of the Company's securities; the market for the Company's planned services, including the market for pickleball and padel; competition in the Company's industry; the Company's ability to fully comply with numerous federal, state and local laws and regulatory requirements; current negative operating cash flows and a need for additional funding to finance our operating plans; the terms of any further

financing, which may be highly dilutive and may include onerous terms, increases in interest rates which may make borrowing more expensive and increased inflation which may negatively affect costs, expenses and returns; geopolitical events and regulatory changes; and the effect of changing interest rates and inflation, economic downturns and recessions, declines in economic activity or global conflicts. These risk factors and others are included from time to time in documents the Company files with the Securities and Exchange Commission, including, but not limited to, its Form 10-Ks, Form 10-Qs and Form 8-Ks, including, but not limited to its Annual Report on Form 10-K for the year ended December 31, 2024, and its Quarterly Report on Form 10-Q for the quarter ended March 31, 2025. These reports and filings are available at www.sec.gov. All subsequent written and oral forward-looking statements concerning the Company or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements above. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made, including the forward-looking statements included in this press release, which are made only as of the date hereof. The Company cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. The Company does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based, except as otherwise provided by law.

*Investor Contact:*

Ron Boreta

Director and CEO

Agassi Sports Entertainment Corp.

702-400-4005

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