Company: INVUP
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001641172-25-001193
Chunk: 1453

Company: Investview, Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1B
Chunk 1453
---
135,809. As of December 31, 2024, the weighted average remaining lease term was 1.48 years, and the weighted average
discount rate was 12%.

Future
minimum lease payments under non-cancellable leases as of December 31, 2024, were as follows:

 SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS UNDER NON-CANCELLABLE LEASES

    2025 
    $171,148 
  
    2026 
     61,057 
  
    Total 
     232,205 
  
    Less:
    Interest 
     (20,065)
  
    Present value of lease
    liability 
     212,140 
  
    Operating
    lease liability, current [1] 
     (165,707)
  
    Operating
    lease liability, long term 
    $46,433 

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

NOTE
9 – STOCKHOLDERS’ EQUITY

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. Our Series B Preferred
Stockholders 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 (“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