Agassi Sports Entertainment Corp.

For the period ended Dec 31, 2024. Filed Mar 26, 2025.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Mar 26, 2025

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Contents

Statements of Cash Flows

	Year Ended
	December 31,
2024 · 2023
Cash flows from operating activities:
Net loss		$(793,749)		$(69,875)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation expense		270		-
Stock-based compensation expense		619,867		-
Changes in operating assets and liabilities:
Accounts payable and accrued expenses		24,235		13,646
Net cash used in operating activities		(149,377)		(56,229)
Cash flows from investing activities:
Purchase of property and equipment		(10,050)		-
Net cash used in operating activities		(10,050)		-
Cash flows from financing activities:
Proceeds from issuance of common stock, net of offering costs		2,472,606		-
Proceeds from related parties		6,063		56,229
Net cash provided by financing activities		2,478,669		56,229
Net change in cash and cash equivalents		2,319,242		-
Cash and cash equivalents at beginning of year		-		-
Cash and cash equivalents at end of year		$2,319,242	$	-
Supplemental disclosure of cash flow information:
Cash paid for income taxes	$	-	$	-
Cash paid for interest	$	-	$	-
Supplemental disclosure of cash flow information:
Shares issued pursuant to settlement of payables		$593,670	$	-

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.