VIP Play amends note disclosure; outstanding principal reaches $23.3M as of Feb 2026

VIP Play, Inc.

Aggregate outstanding principal of convertible note with Excel Family Partners is $23,286,313 as of Feb 19, 2026.
Additional draws of $1.5M taken from Jan 9 to Feb 13, 2026 under the Note.
Note carries 12% fixed interest, due on demand, and convertible at 80% of lowest recent price in prior 12 months (floor $0.50).
Board approved options for 3.7M shares (1.5M to VP Dermody) but formal grant not yet executed; disclosure removed.

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.