{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-013204","form_type":"8-K","ticker":"VIPZ","cik":"0001832161","company_name":"VIP Play, Inc.","filed_at":"2025-09-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.213891+00:00","generated_at":"2026-05-17T06:45:49.012478+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"VIP Play extends convertible notes maturity to 2026, amends conversion price, obtains $100K new loan","bullets":["Hackel and Access notes maturity extended to Aug 31, 2026; Colletti note to Oct 1, 2025.","Conversion price becomes lower of $0.60 or 80% of lowest share price in prior 12 months.","Rick Hackel loans additional $100K to VIP Play, evidenced by convertible note maturing Aug 31, 2026.","Total outstanding principal across three original notes: $850K ($200K Hackel, $500K Colletti, $150K Access)."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-013204","json":"https://secwatch.observer/filing/0001493152-25-013204.json","markdown":"https://secwatch.observer/filing/0001493152-25-013204.md","text":"https://secwatch.observer/filing/0001493152-25-013204.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1832161/000149315225013204/0001493152-25-013204-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1832161/000149315225013204/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T06:45:49.012478+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":[{"claim_id":"e89a018709ba6c5301fa3f1331005b0794eb18c7","claim":"VIP Play, Inc. amended convertible notes of $200,000, $500,000, and $150,000, respectively with Rick Hackel, Dennis Colletti, The Access Fund I, LP at twelve percent (12%) per annum maturing August 31, 2026; October 1, 2025; and August 31, 2026, respectively.","evidence_excerpt":"we entered into a Convertible Note Purchase Agreement (the “ Purchase Agreement ”) and a Convertible Promissory Note with Rick Hackel (“ Hackel ”) in the principal amount of $200,000 (the “ Hackel Note ”); and (ii) August 28, 2023, we entered into a Purchase Agreement and a Convertible Promissory Note with Dennis Colletti (“ Colletti ”) in the principal amount","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1832161/000149315225013204/0001493152-25-013204-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$200,000, $500,000, and $150,000, respectively"},{"label":"Counterparty","value":"Rick Hackel, Dennis Colletti, The Access Fund I, LP"},{"label":"Rate","value":"twelve percent (12%) per annum"},{"label":"Maturity","value":"August 31, 2026; October 1, 2025; and August 31, 2026, respectively"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"f79610b3ddaf6e7a3ab093e95cdccad2eb1bc4a2","claim":"VIP Play, Inc. incurred convertible notes of $100,000 with Rick Hackel maturing August 31, 2026.","evidence_excerpt":"the Second Amendment entered into by Colletti and Access contains a consent to Hackel loaning an additional $100,000 to us, which Hackel did on September 9, 2025. Hackel’s additional $100,000 loan is evidenced by the same Form of Convertible Promissory Note used for the Notes, with a maturity date of August 31, 2026","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1832161/000149315225013204/0001493152-25-013204-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$100,000"},{"label":"Counterparty","value":"Rick Hackel"},{"label":"Maturity","value":"August 31, 2026"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}