Company: IPSI
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001213900-25-026455
Chunk: 1290

Company: Innovative Payment Solutions, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 6
Chunk 1290
---
 January 1, 2023 to December 31, 2024 is as follows:

    Shares
 Underlying
 Warrants*  
    Exercise
 price per
 share*  
    Weighted
 average
 exercise
 price* 
  
    Outstanding January 1, 2023 
     5,186,376  
    $0.345
- 5.625  
    $0.9000 
  
    Granted 
     6,289,051  
     0.345 - 1.500  
     0.3556 
  
    Increase in warrants due to debt amendment full rachet trigger 
     (33,334) 
     1.500  
     1.5000 
  
    Cancelled on debt amendment 
     (1,000,000) 
     0.345  
     0.3450 
  
    Exercised 
     -  
     -  
     - 
  
    Outstanding December 31, 2023 
     10,442,093  
    $0.345
- 5.625  
    $0.6265 
  
    Granted 
     1,796,493  
     0.084 - 0.345  
     0.2670 
  
    Increase in warrants due to anti-dilution price protection 
     9,773,028  
     0.084  
     0.0840 
  
    Forfeited 
     -  
     -  
     - 
  
    Exercised 
     -  
     -  
     - 
  
    Outstanding December 31, 2024 
     22,011,614  
    $0.084 - 5.625  
    $0.3199 

  * After giving effect to a 1 for 30 reverse stock split on August 30, 2023. 

The
warrants outstanding and exercisable at December 31, 2024 are as follows:

      Warrants Outstanding*   Warrants Exercisable*   Exercise Price*   Number Outstanding*   Weighted Average Remaining Contractual life in years   Weighted Average Exercise Price*   Number Exercisable*   Weighted Average Exercise Price*   Weighted Average Remaining Contractual life in years