VIP Play, Inc. Reports New Financial Obligation
Ticker: VIPZ · Form: 8-K · Filed: Sep 15, 2025 · CIK: 1832161
| Field | Detail |
|---|---|
| Company | Vip Play, Inc. (VIPZ) |
| Form Type | 8-K |
| Filed Date | Sep 15, 2025 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 4 min |
| Key Dollar Amounts | $14,000,000, $12,097,000, $630,000, $17,920,665, $0.50 |
| Sentiment | neutral |
Sentiment: neutral
Topics: debt, obligation, filing
TL;DR
VIP Play just took on a new debt. Details TBD.
AI Summary
On September 10, 2025, VIP Play, Inc. reported the creation of a direct financial obligation. The filing does not specify the exact amount or terms of this obligation, but it is categorized under Item 2.03 of the 8-K form.
Why It Matters
This filing indicates VIP Play, Inc. has entered into a new financial commitment, which could impact its balance sheet and future financial flexibility.
Risk Assessment
Risk Level: medium — The creation of a new financial obligation, without immediate details on its size or terms, introduces uncertainty and potential financial risk.
Key Numbers
- 000-56290 — Commission File Number (Identifier for VIP Play, Inc.'s SEC filings.)
- 85-0738656 — I.R.S. Employer Identification No. (Tax identification number for VIP Play, Inc.)
Key Players & Entities
- VIP Play, Inc. (company) — Registrant
- September 10, 2025 (date) — Date of earliest event reported
- Nevada (jurisdiction) — State of incorporation
- 8400 W. Sunset Rd., Suite 300, Las Vegas, Nevada 89113 (address) — Principal executive offices
- KeyStar Corp. (company) — Former company name
FAQ
What is the nature of the direct financial obligation created by VIP Play, Inc. on September 10, 2025?
The filing states the creation of a direct financial obligation under Item 2.03, but does not provide specific details regarding the nature or terms of this obligation.
What is the amount of the financial obligation?
The filing does not specify the dollar amount of the direct financial obligation.
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 89113.
What was VIP Play, Inc. formerly known as?
VIP Play, Inc. was formerly known as KeyStar Corp.
What is the SIC code for VIP Play, Inc.?
The Standard Industrial Classification (SIC) code for VIP Play, Inc. is 5900, which corresponds to RETAIL-MISCELLANEOUS RETAIL.
Filing Stats: 1,077 words · 4 min read · ~4 pages · Grade level 11.7 · Accepted 2025-09-12 18:29:24
Key Financial Figures
- $14,000,000 — n the principal amount of not more than $14,000,000 (the " Note "). Excel is controlled by
- $12,097,000 — f the date we entered into the Note was $12,097,000. We borrowed an additional aggregate am
- $630,000 — rowed an additional aggregate amount of $630,000 in three separate draws under the Note
- $17,920,665 — balance of all loans under the Note is $17,920,665. All loans made under the Note accrue
- $0.50 — period, the Lowest Recent Price will be $0.50 per Share. In case of a stock split,
Filing Documents
- form8-k.htm (8-K) — 40KB
- 0001493152-25-013296.txt ( ) — 200KB
- vipz-20250910.xsd (EX-101.SCH) — 3KB
- vipz-20250910_lab.xml (EX-101.LAB) — 33KB
- vipz-20250910_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 15, 2025 VIP PLAY, INC. By: /s/ Les Ottolenghi Les Ottolenghi, CEO 4