{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-036324","form_type":"8-K","ticker":"VIPZ","cik":"0001832161","company_name":"VIP Play, Inc.","filed_at":"2024-09-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:14.782754+00:00","generated_at":"2026-05-31T04:40:35.509207+00:00","sec_items":["2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"KeyStar borrows additional $450K from CEO-affiliated lender; total debt $5.735M","bullets":["Borrowed $450,000 on Sept 11, 2024 under existing note with Excel Family Partners (CEO Bruce Cassidy controls lender).","Total outstanding principal now $5,735,000; note carries 12% fixed interest, matures April 1, 2025.","Note is convertible into common stock at 80% of the lowest recent price in prior 12 months.","Interest payable monthly starting Oct 1, 2024; principal due on demand or at maturity.","Loan is uncommitted; no reborrowing after repayment."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-036324","json":"https://secwatch.observer/filing/0001493152-24-036324.json","markdown":"https://secwatch.observer/filing/0001493152-24-036324.md","text":"https://secwatch.observer/filing/0001493152-24-036324.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1832161/000149315224036324/0001493152-24-036324-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1832161/000149315224036324/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T04:40:35.509207+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}