Company: INVUP
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001493152-25-022223
Chunk: 91

Company: Investview, Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 91
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5 
    $45,077 
  
    2026 
     75,297 
  
    2027 
     7,261 
  
    Total 
     127,635 
  
    Less: Interest 
     (9,129)
  
    Present value of lease liability 
     118,506 
  
    Operating lease liability, current [1] 
     (102,902)
  
    Operating lease liability, long term 
    $15,604 

[1]Represents lease
payments to be made in the next 12 months.

    21

INVESTVIEW,
INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

AS OF SEPTEMBER 30, 2025

(Unaudited)

NOTE
10 – STOCKHOLDERS’ EQUITY (DEFICIT)

Preferred
Stock

We
are authorized to issue up to 50,000,000 shares of preferred stock with a par value of $0.001 and our Board of Directors has the authority
to issue one or more classes of preferred stock with rights senior to those of common stock and to determine the rights, privileges,
and preferences of that preferred stock.

Our
Board of Directors approved the designation of 2,000,000 of the Company’s shares of preferred stock as Series B Cumulative Redeemable
Perpetual Preferred Stock (“Series B Preferred Stock”), each with a stated value of $25 per share. Holders of our Series
B Preferred Stock are entitled to receive cumulative dividends at the annual rate of 13% per annum of the stated value, equal to $3.25
per annum per share. The Series B Preferred Stock is redeemable at our option or upon certain change of control events.

During
the year ended March 31, 2021, we commenced an offering to sell a total of 2,000,000 units at $25 per unit (“the Unit Offering”),
with each unit consisting of: (i) one share of our newly authorized Series B Preferred Stock and (ii) five warrants each exercisable
to purchase one share of common stock at an exercise price of $0.10 per warrant share. Each warrant offered is immediately exercisable
on the date of issuance, will expire 5 years from the date of issuance, and its value has been classified as a fair value liability due
to the terms of the instrument (see NOTE 8). The Unit Offering was completed on