8-K — Apple iSports Group, Inc.
Apple iSports Group, Inc. filed an 8-K report announcing the termination of Chief Operating Officer Lee Seltzer on December 31, 2025, in connection with relocating operations from Australia to the United States. Seltzer has demanded approximately $100,000 from the company, claiming it's owed under his employment agreement.
Summary
Apple iSports Group, Inc., a Nevada-incorporated company classified as an emerging growth company, filed a Form 8-K current report with the SEC regarding significant personnel changes. The company terminated Lee Seltzer from his position as Chief Operating Officer and as an employee of the company's Australian subsidiary on December 31, 2025. This termination was directly related to the company's strategic decision to relocate its operations from Australia to the United States, which took effect on the same date. Following his termination, Seltzer made a financial demand against the company for approximately $100,000, asserting that this amount is owed to him under the terms of his employment agreement with the Australian subsidiary. The company has indicated that it is currently evaluating the validity and appropriateness of Seltzer's financial claims. The report was signed by CEO Joe Martinez on January 8, 2026, and filed under Item 5.02, which covers departures of directors or certain officers.
Key Insights
- Apple iSports Group terminated its Chief Operating Officer Lee Seltzer as part of a strategic move to relocate operations from Australia to the United States
- The company classified the termination as directly connected to the operational relocation rather than performance-related issues
- Seltzer asserted a financial claim of approximately $100,000 against the company based on his employment agreement with the Australian subsidiary
- The company indicated it is assessing the validity of Seltzer's financial demands rather than immediately accepting or rejecting them
- Apple iSports Group completed its operational transition from Australia to the United States effective December 31, 2025
Topics
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