Company: IPSI
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001213900-25-110820
Chunk: 172

Company: Innovative Payment Solutions, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 8
Chunk 172
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.500000    505,560    0.46         505,560         0.46   $5.625000    80,889    0.46         80,889         0.46         2,231,503,000    2.25   $0.00302    2,231,503,000   $0.00302    2.25  

The
warrants outstanding have an intrinsic value of $51,074,697 and $0 as of September 30, 2025 and December 31, 2024, respectively.

e.Stock
options

On June 18, 2018, the Company established
its 2018 Stock Incentive Plan (the “Plan”). The purpose of the Plan is to promote the interests of the Company and the stockholders
of the Company by providing directors, officers, employees and consultants of the Company with appropriate incentives and rewards to encourage
them to enter into and continue in the employ or service of the Company, to acquire a proprietary interest in the long-term success of
the Company and to reward the performance of individuals in fulfilling long-term corporate objectives. The Plan terminates after a period
of ten years in June 2028.

The Plan is administered by the Board
or a committee appointed by the Board, who have the authority to administer the Plan and to exercise all the powers and authorities specifically
granted to it under the Plan.

The maximum number of securities available
under the Plan is 26,667 shares of Common Stock. The maximum number of shares of Common Stock awarded to any individual
during any fiscal year may not exceed 100,000 shares of Common Stock.

On October 22, 2021, the Company established
its 2021 Stock Incentive Plan (“2021 Plan”). The purpose of the Plan is to promote the interests of the Company and the stockholders
of the Company by providing directors, officers, employees and consultants, advisors and service providers of the Company with appropriate
incentives and rewards to encourage them to enter into and continue in the employ or service of the Company, to acquire a proprietary
interest in the long-term success of the Company and to reward the performance of individuals in fulfilling long-term corporate objectives.
The Plan terminates after a period of ten