• Vip Play entered a first amended and restated discretionary convertible revolving line of credit demand note with Excel Family Partners for up to USD 14 million.
• The facility is uncommitted. Excel can fund at its discretion. Reborrowings are not permitted once principal or interest is repaid.
• Interest is fixed at 12%. Amounts are payable on demand. Default interest rises to 14% following certain breaches or insolvency events.
• Outstanding principal totaled USD 12.1 million at signing. Additional draws of USD 1.17 million were made from April 27 to June 17, 2026.
• Principal outstanding was USD 25.67 million as of June 22, 2026. Excel can convert debt at 80% of the lowest recent share sale price.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Vip Play Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-029628), on June 22, 2026, and is solely responsible for the information contained therein.