An ice fishing tip-up is described that is adapted to rest on a sheet of icesurrounding afishing opening in the sheet of ice. The ice fishing device has a plurality ofmovable supportswith one end attached to a top mount and another end for resting on a surfaceto support thedevice, a spool post, a fishing line spool, and a signally device. Theplurality of supports has astorage position and a deployed position, with the storage position definingan interior storagespace. In the storage position, the fishing line spool is disposed within theinterior storage space.Pulling on the fishing line spool activates the switch to trigger thesignaling device.
