secwatch / observer
8-K filed February 20, 2026, 6:59 PM ET ticker VIPZ CIK 0001832161
debt confidence high sentiment negative materiality 0.75

VIP Play borrows additional $1.5M under related-party convertible note; total outstanding $23.3M

VIP Play, Inc.

item 2.03item 5.02item 9.01

Machine-readable event card

schema_version
secwatch.filing_event.v1
accession
0001493152-26-007540
form_type
8-K
ticker
VIPZ
cik
0001832161
company_name
VIP Play, Inc.
filed_at
2026-02-20T23:59:59+00:00
discovered_at
2026-05-14T18:02:36.435985+00:00
generated_at
2026-05-16T01:32:19.087234+00:00
sec_items
["2.03", "5.02", "9.01"]
event_type
debt
sentiment
negative
materiality_score
0.75
calibrated_materiality_score
0.75
confidence
high
secwatch_canonical_url
https://secwatch.observer/filing/0001493152-26-007540
json_url
https://secwatch.observer/filing/0001493152-26-007540.json
markdown_url
https://secwatch.observer/filing/0001493152-26-007540.md
text_url
https://secwatch.observer/filing/0001493152-26-007540.txt
edgar_index_url
https://www.sec.gov/Archives/edgar/data/1832161/000149315226007540/0001493152-26-007540-index.htm
edgar_primary_document_url
https://www.sec.gov/Archives/edgar/data/1832161/000149315226007540/form8-k.htm
generated_by_model
deepseek-v4-flash:cloud@v2
review_status
machine_generated
human_reviewed
false
corrected
false
correction_note
null
correction_timestamp
null
superseded_by
null
JSON Markdown Plain text

Source-grounded claims

017ac30213426bfdcfae081ef45cd0ba2f3e38c5

VIP Play, Inc. amended convertible notes of $1,500,000 in six separate draws with Excel Family Partners, LLLP at fixed rate per annum equal to 12.0% maturing due and payable upon demand.

We borrowed an additional aggregate amount of $1,500,000 in six separate draws under the Note from January 9, 2026 through February 13, 2026.

SEC 8-K Item 2.03/2.04 confidence 0.95 SEC evidence

Comparable filings

BRLS

Borealis Foods enters $17M term loan with Oxus, repays Frontwell; potential equity conversion up to $33.3M

Borealis Foods Inc. May 1, 2026, 7:59 PM ET debt Items 1.01, 1.02, 2.03, 3.02, 5.02, 8.01, 9.01

same fact type: debt_financing same SEC item: 2.03, 5.02, 9.01 same event type: debt similar materiality

This filing

We borrowed an additional aggregate amount of $1,500,000 in six separate draws under the Note from January 9, 2026 through February 13, 2026.

Comparable filing

SPAC sponsor and a significant shareholder of the Company. Pursuant to the Credit Agreement, Oxus provided a term loan to the Borrowers in an aggregate principal amount of up to $17.0 million (the “Term Loan”). The obligations under the Credit Agreement are guaranteed by the Company, Borealis IP Inc., and Palmetto Gourmet Foods (Canada) Inc. (collectively, the

Filing page SEC filing

BTU

Peabody prices $250M convertible notes due 2031, repurchases $241.2M of 2028 notes

PEABODY ENERGY CORP June 2, 2026, 10:17 AM ET debt Items 1.01, 2.03, 3.02, 9.01

same fact type: debt_financing same SEC item: 2.03, 9.01 same event type: debt similar materiality

This filing

We borrowed an additional aggregate amount of $1,500,000 in six separate draws under the Note from January 9, 2026 through February 13, 2026.

Comparable filing

additional $25 million in aggregate principal amount of the Notes (together with the “Initial Notes,” the “Notes”), bringing the total aggregate principal amount of the Notes to $250 million. On June 2, 2026, the Company completed the private offering of the Notes. The Notes are senior unsecured obligations of the Company. The net proceeds from this offering were

Filing page SEC filing

CBLO

C2 Blockchain raises $130K and up to $1.2M via convertible notes with heavy dilution

C2 Blockchain, Inc. June 2, 2026, 10:08 AM ET debt Items 1.01, 2.03, 3.02, 9.01

same fact type: debt_financing same SEC item: 2.03, 9.01 same event type: debt similar materiality

This filing

We borrowed an additional aggregate amount of $1,500,000 in six separate draws under the Note from January 9, 2026 through February 13, 2026.

Comparable filing

On May 22, 2026, the Company entered into a Securities Purchase Agreement with Auctus Fund, LLC (“Auctus”), pursuant to which the Company issued and sold a Promissory Note in the principal amount of $130,000 (the “Auctus Note”).

Filing page SEC filing

VVX

V2X refinances $868.5M term loans with new tranche maturing 2030; SOFR+2% margin

V2X, Inc. June 1, 2026, 4:10 PM ET debt Items 1.01, 2.03, 9.01

same fact type: debt_financing same SEC item: 2.03, 9.01 same event type: debt similar materiality

This filing

We borrowed an additional aggregate amount of $1,500,000 in six separate draws under the Note from January 9, 2026 through February 13, 2026.

Comparable filing

The Amendment provides for, among other things, a new tranche of term loans under the Credit Agreement in an aggregate original principal amount of $868,522,978.38 (the “New Term Loans”), which New Term Loans replace or refinance in full all of the existing term loans outstanding under the Credit Agreement (as in effect immediately prior to the Amendment), as further set forth in the Amendment. The New Term Loans mature on December 6, 2030.

Filing page SEC filing

SST

System1 exchanges $302.6M debt for $150M term loan, $39.3M preferred stock, and cash

System1, Inc. June 1, 2026, 9:00 AM ET debt Items 1.01, 2.03, 3.02, 7.01, 9.01

same fact type: debt_financing same SEC item: 2.03, 9.01 same event type: debt similar materiality

This filing

We borrowed an additional aggregate amount of $1,500,000 in six separate draws under the Note from January 9, 2026 through February 13, 2026.

Comparable filing

specified in the Exchange Agreement on the terms and subject to the conditions set forth therein. The consideration under the Exchange Agreement consists of (i) a new $150.0 million term loan facility held by the Participating Lenders (the “Priority Term Loans”), (ii) the issuance of 39,250 shares of Series A Cumulative Convertible Preferred Stock (the

Filing page SEC filing

CNMD

CONMED secures $450M incremental term loan facility to repurchase convertible notes due 2026

CONMED Corp June 1, 2026, 8:31 AM ET debt Items 1.01, 2.03, 9.01

same fact type: debt_financing same SEC item: 2.03, 9.01 same event type: debt similar materiality

This filing

We borrowed an additional aggregate amount of $1,500,000 in six separate draws under the Note from January 9, 2026 through February 13, 2026.

Comparable filing

CONMED entered into the First Amendment to, among other things, obtain commitments for incremental senior secured delayed draw term “a” loans available in U.S. dollars to CONMED in an aggregate principal amount equal to $450 million (the “ Term A-2 Loan Facility ”), which is available to be borrowed in a single drawing on or prior to June 14, 2026.

Filing page SEC filing

UP

Wheels Up closes $100M unsecured term loan with 12% PIK interest; matures 2029

Wheels Up Experience Inc. June 1, 2026, 6:56 AM ET debt Items 1.01, 2.03, 9.01

same fact type: debt_financing same SEC item: 2.03, 9.01 same event type: debt similar materiality

This filing

We borrowed an additional aggregate amount of $1,500,000 in six separate draws under the Note from January 9, 2026 through February 13, 2026.

Comparable filing

On the Closing Date, the Company entered into Amendment No. 4 to Credit Agreement ("Amendment No. 4"), by and among the Company, as borrower, the Guarantors, each of the Lead Lenders, and the Agent, pursuant to which, among other things, certain conforming amendments were made to (a) permit the incurrence of the 2026 Term Loan and reflect its terms, and (b) further reflect the Series B Revolving Equipment Notes Facility (as defined in the Company's Current Report on Form 8-K filed with the SEC on May 26, 2026 ) that closed on May 21, 2026 as senior secured indebtedness and constitute EETC Obligations (as defined in the 2023 Credit Agreement).

Filing page SEC filing

NAVI

Navient closes $500M offering of 9.375% Senior Notes due 2031

NAVIENT CORP May 29, 2026, 4:42 PM ET debt Items 1.01, 2.03, 9.01

same fact type: debt_financing same SEC item: 2.03, 9.01 same event type: debt similar materiality

This filing

We borrowed an additional aggregate amount of $1,500,000 in six separate draws under the Note from January 9, 2026 through February 13, 2026.

Comparable filing

completed a public offering of $500,000,000 aggregate principal amount of its 9.375% Senior Notes due 2031

Filing page SEC filing

Source: SEC EDGAR
accession 0001493152-26-007540
view filing index on sec.gov
view primary document

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.