Agassi Sports Entertainment Corp (OTC: AASP) is a pre-revenue sports and entertainment company developing a consumer-facing digital platform and mobile application targeting recreational sports and entertainment experiences. Revenue is planned to come from consumer subscriptions for access to the Platform and App, though neither product had been built as of the 10-K filed March 31, 2026. The company has a collaboration agreement with a production partner and a brand partner agreement with Stefanie Graf, signed November 22, 2025, licensing her name, image, and likeness on a worldwide basis for a five-year term. Andre Agassi is identified as the largest shareholder. The company's auditors issued a going-concern opinion for the fiscal year ended December 31, 2025, citing substantial doubt about its ability to continue operations. AASP trades on the OTC Markets under the symbol AASP with extremely sporadic volume. The company was originally incorporated in Nevada on March 6, 1984, under the name Sporting Life, Inc., and has operated under several prior names including Global Acquisitions Corporation before adopting its current name.
- Revenue model
- Planned subscription fees from consumers for access to a digital platform and mobile app. No revenue had been generated as of the 10-K filed March 31, 2026. A performance bonus obligation of 2% to 2.5% of net revenues is owed to IBM under a Commitment Agreement upon revenue generation.
- Products and services
- A consumer digital platform and mobile application for recreational sports and entertainment, not yet developed as of March 31, 2026. Planned ventures include live events, exhibitions, competitions, tournaments, wellness projects, and media content. Brand licensing of athlete name, image, and likeness rights is a component of the venture strategy.
- Customers and end markets
- General consumers seeking recreational sports and entertainment experiences. Demand is expected to be discretionary and sensitive to economic conditions. No active customer base existed as of the filing date.
- Value-chain role
- Content and platform developer, brand licensor of athlete name, image, and likeness rights, and planned operator of digital subscription services for sports entertainment. Relies on third-party software and has a collaboration agreement with an unnamed production partner and an arrangement with IBM.
- Geographic exposure
- Worldwide brand license granted to Stefanie Graf under the Brand Partner Agreement signed November 22, 2025. Incorporated in Nevada. No other geographic operations disclosed in the filing excerpts.
Source: SEC 10-K, filed 2026-03-31
Industry:
Retail-Miscellaneous Retail
Peers:
DIAMOND OFFSHORE DRILLING, INC.
Helmerich and Payne Inc
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U.S. WELL SERVICES HOLDINGS, LLC
PARKER DRILLING CO /DE/
VANTAGE DRILLING INTERNATIONAL