debt
confidence high
sentiment neutral
materiality 0.30
VIP Play extends $850K in convertible note maturities to 2025
VIP Play, Inc.
- Extended maturity of three convertible notes totaling $850K (12% interest) by one year to Aug/Sep 2025.
- Notes originally issued Aug/Sep 2023: Hackel $200K, Colletti $500K, Access Fund $150K.
- Amendment dated July 25, 2024, signed and effective September 19, 2024.
- All other terms of the purchase agreements remain unchanged.