---
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"
generated_at: "2026-05-17T06:45:49.012478+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# VIP Play extends convertible notes maturity to 2026, amends conversion price, obtains $100K new loan

## Summary
- 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).

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-013204
- JSON: https://secwatch.observer/filing/0001493152-25-013204.json
- Plain text: https://secwatch.observer/filing/0001493152-25-013204.txt

## Key facts
- Debt Financings
  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.
  - Instrument: convertible notes
  - Principal: $200,000, $500,000, and $150,000, respectively
  - Counterparty: Rick Hackel, Dennis Colletti, The Access Fund I, LP
  - Rate: twelve percent (12%) per annum
  - Maturity: August 31, 2026; October 1, 2025; and August 31, 2026, respectively
  - Event: amendment
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1832161/000149315225013204/0001493152-25-013204-index.htm
- Debt Financings
  VIP Play, Inc. incurred convertible notes of $100,000 with Rick Hackel maturing August 31, 2026.
  - Instrument: convertible notes
  - Principal: $100,000
  - Counterparty: Rick Hackel
  - Maturity: August 31, 2026
  - Event: incurrence
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1832161/000149315225013204/0001493152-25-013204-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.