Company: IPSI
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001213900-25-026455
Chunk: 1586

Company: Innovative Payment Solutions, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 8
Chunk 1586
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1 Plan,
we may award the following: (i) non-qualified stock options; (ii)) incentive stock options; (iii) stock appreciation rights;
(iv) restricted stock; (v) restricted stock unit; and (vi) other stock-based awards.

The following table shows
the information regarding our equity incentive plans as of December 31, 2023:

    Plan Category 
    Number of securities to be issued upon exercise of outstanding options  
    Weighted- average
    exercise price of outstanding options  
    Number of securities remaining available for future issuance under equity compensation plans (excluding securities reflected in column (a)) 

    (a)  
    (b)  
    (c) 
  
    Equity compensation plans approved by security holders 

    2018 Equity Incentive Plan 
     —  
    $—  
     26,667 
  
    2021 Equity Incentive Plan 
     1,513,335  
     4.47  
     253,332 
  
    Equity compensation plans not approved by security holders 

    None 
     —  
     —  
     — 
  
    Total 
     1,513,335  
    $4.47  
     279,999 

Item 12. Security Ownership of Certain
Beneficial Owners and Management and Related Stockholder Matters 

The following table sets
forth certain information with respect to the beneficial ownership of our common stock as of March 28, 2025 for:

●each of our directors and nominees
for director;

●each of our named executive
officers;

●all of our current directors
and executive officers as a group; and

●each person, entity or group,
who beneficially owned more than 5% of each of our classes of securities.

We have based our calculations
of the percentage of beneficial ownership on 70,377,731 shares of our common stock on March 30, 2025. We have deemed shares of our common
stock subject to options and warrants that are currently exercisable within sixty (60) days of March 30, 2025, to be outstanding
and to be beneficially owned by the person holding the warrant or restricted stock unit for the purpose of computing the percentage ownership
of that person. We did not deem these, however, for the purpose of computing the percentage