secwatch.observer — SEC 8-K summary
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Issuer:     VIP Play, Inc. (VIPZ)
CIK:        0001832161
Form:       8-K
Filed at:   2025-09-12T23:59:59+00:00
Accession:  0001493152-25-013204
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1832161/000149315225013204/0001493152-25-013204-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1832161/000149315225013204/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-013204

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer