APX Group
Confidential Correspondence
Enter Access Code
Capital Partnership Confirmation

Capital Partnership
Confirmation

APX Corporation Inc. × Kickin Assets Sports Inc. | USL League One · Everett, WA
0
APX Founded
0+
Clubs Bi-Continental
Milestone
Capital Approach
March 2026
Scroll
APX Corporation Inc.
Capital Formation · Strategic Execution · Multi-Club Ownership
From
APX Corporation Inc.
40 Wall Street, 28th Floor
New York, NY 10005
A Delaware Corporation
Date: March 3, 2026
From: Adi Cohen, CEO
Entity: APX Corporation Inc.
Re: Everett USL Expansion
Official Correspondence

Capital Partnership
Confirmation Letter

To Whom It May Concern,

APX Corporation Inc. (“APX”) confirms that it has entered into a strategic capital partnership with Kickin Assets Sports Inc. (“Kickin Assets”) in connection with the proposed USL League One expansion in Everett, Washington.

Commitment Scope

Under this partnership, APX serves as strategic capital partner in support of the Everett expansion. This includes committed funding support for the initial franchise payment upon league approval, as well as phased capitalization aligned with the agreed long-term franchise structure and development plan.

APX has verified and allocated capital capacity sufficient to support the initial capitalization requirements of the Everett expansion. The capital structure has been designed to ensure institutional stability and long-term sustainability of the Everett franchise. Capital deployment will follow a disciplined, milestone-based approach aligned with league approval, franchise development, and commercial progression.

Agreement Status

APX and Kickin Assets are aligned in structuring long-term capitalization and minority investor participation to support the franchise’s successful launch and growth. A Strategic Joint Execution Agreement formalizing APX’s role as capital partner has been executed between the parties, with formal capital deployment documentation to follow in connection with league approval and expansion award.

APX is building a transcontinental multi-club ownership platform, including strategic interests in South America and the proposed USL Everett expansion, designed to provide institutional depth, cross-border commercial relationships, and long-term player development infrastructure.

This partnership reflects APX’s confidence in the Everett market and its commitment to supporting the franchise’s successful launch and long-term development.

Respectfully,
Signature
Adi Cohen
Chief Executive Officer
APX Corporation Inc.
Quick Reference

Key Terms at a Glance

Partnership Summary
Capital Partner
APX Corporation Inc.
Operating Partner
Kickin Assets Sports Inc.
Expansion Target
Everett, Washington
League
USL League One
Capital Approach
Milestone-Based
Platform Vision
Multi-Club Ownership
EntityAPX Corporation Inc.
JurisdictionA Delaware Corporation
Principal Office40 Wall Street, 28th Floor, New York, NY 10005
CEOAdi Cohen
Founded2022
FocusCapital Formation · Strategic Execution · Multi-Club Ownership
Partnership Parties

The Partners

APX
01 / Capital Partner
APX Corporation Inc.
Strategic Capital Partner · New York
Institutional platform operating across capital formation, strategic advisory, media operations, and multi-club sports ownership. Founded 2022, headquartered at 40 Wall Street.
Capital Formation Multi-Club Ownership Delaware Corp
→ View Full Profile
KA
02 / Operating Partner
Kickin Assets Sports Inc.
Franchise Operator · Everett, WA
Sports franchise development company leading the USL League One expansion bid for Everett, Washington. Responsible for local operations, community engagement, and franchise management.
Franchise Operations USL League One Everett, WA
→ View Full Profile
APX Corporation Inc.
A Delaware Corporation
40 Wall Street, 28th Floor, New York, NY 10005
Confidential · Not for Distribution