VIP Play, Inc. Enters Material Definitive Agreement
Ticker: VIPZ · Form: 8-K · Filed: Sep 12, 2025 · CIK: 1832161
| Field | Detail |
|---|---|
| Company | Vip Play, Inc. (VIPZ) |
| Form Type | 8-K |
| Filed Date | Sep 12, 2025 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $200,000, $500,000, $150,000, $0.60, $100,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-definitive-agreement, financial-obligation
TL;DR
VIP Play, Inc. just signed a big deal, likely involving money. Keep an eye on this.
AI Summary
On September 8, 2025, VIP Play, Inc. entered into a material definitive agreement, likely a financing arrangement, as indicated by the creation of a direct financial obligation. The company, formerly known as KeyStar Corp., is incorporated in Nevada and its principal executive offices are located in Las Vegas.
Why It Matters
This filing indicates a significant financial event for VIP Play, Inc., potentially involving new debt or equity, which could impact its financial structure and future operations.
Risk Assessment
Risk Level: medium — Entering into material definitive agreements, especially those creating financial obligations, can introduce financial risks and uncertainties for a company.
Key Players & Entities
- VIP Play, Inc. (company) — Registrant
- KeyStar Corp. (company) — Former Company Name
- September 8, 2025 (date) — Date of earliest event reported
- Nevada (jurisdiction) — State of incorporation
- Las Vegas, Nevada (location) — Address of principal executive offices
FAQ
What type of material definitive agreement did VIP Play, Inc. enter into?
The filing indicates the entry into a material definitive agreement and the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement, but the specific details of the agreement are not provided in this excerpt.
When was the earliest event reported in this filing?
The earliest event reported is dated September 8, 2025.
What was VIP Play, Inc.'s former name?
VIP Play, Inc.'s former name was KeyStar Corp.
In which state is VIP Play, Inc. incorporated?
VIP Play, Inc. is incorporated in Nevada.
Where are VIP Play, Inc.'s principal executive offices located?
VIP Play, Inc.'s principal executive offices are located at 8400 W. Sunset Rd., Suite 300, Las Vegas, Nevada.
Filing Stats: 1,142 words · 5 min read · ~4 pages · Grade level 10.6 · Accepted 2025-09-12 16:24:00
Key Financial Figures
- $200,000 — (" Hackel ") in the principal amount of $200,000 (the " Hackel Note "); and (ii) August
- $500,000 — Colletti ") in the principal amount of $500,000 (the " Colletti Note "). On September 1
- $150,000 — Investors ") in the principal amount of $150,000 (the " Access Note ," and together with
- $0.60 — nversion Price" shall mean the lower of $0.60 or an amount equal to 80% of the lowest
- $100,000 — consent to Hackel loaning an additional $100,000 to us, which Hackel did on September 9,
Filing Documents
- form8-k.htm (8-K) — 42KB
- ex10-1.htm (EX-10.1) — 37KB
- ex10-2.htm (EX-10.2) — 40KB
- ex10-3.htm (EX-10.3) — 39KB
- 0001493152-25-013204.txt ( ) — 336KB
- vipz-20250908.xsd (EX-101.SCH) — 3KB
- vipz-20250908_lab.xml (EX-101.LAB) — 33KB
- vipz-20250908_pre.xml (EX-101.PRE) — 22KB
- form8-k_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: September 12, 2025 VIP PLAY, INC. By: /s/ Les Ottolenghi Les Ottolenghi, CEO 3