Company: INVUP
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001641172-25-001193
Chunk: 1049

Company: Investview, Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 16
Chunk 1049
---
, 2023.

Common
Stock Transactions

During
the year ended December 31, 2024, we repurchased 472,374,710 shares from two of the original founders of the Company and a series of
their family members and related entities in exchange for cash of $446,391 and payables of $3,124,755 (see NOTE 5). Also, during the
year ended December 31, 2024, we cancelled 1,750,000 shares that had been issued but were forfeited by choice. As a result, we decreased
common stock by $1,750 and increased additional paid in capital by the same. The forfeiture also resulted in the reversal of previously
recorded expense resulting in a net $10,002 reduction in stock-based compensation based on grant date fair values and vesting terms of
awards granted in prior periods.

During
the year ended December 31, 2023, we issued 230 shares of common stock as a result of warrants exercised, resulting in proceeds of $23
and an increase in additional paid in capital of $3 for the derivative liability extinguished with the exercise (see NOTE 7). Also, during
the year ended December 31, 2023, we repurchased 302,919,223 shares from two of the original founders of the Company and a series of
their family members and related entities in exchange for cash of $396,547 and payables of $2,775,833 (see NOTE 5). We also recognized
$20,341 in stock-based compensation based on grant date fair values and vesting terms of awards granted in prior periods.

As
of December 31, 2024 and 2023, we had 1,859,231,786 and 2,333,356,496 shares of common stock issued and outstanding, respectively.

Options

The
2022 Incentive Plan authorizes a variety of incentive awards consisting of stock options, restricted stock, restricted stock units, and
reserves for issuance up to 600,000,000 shares of the Company’s common stock.

During
the year ended December 31, 2024, we issued 1,000,000 stock options as part of the acquisition of Opencash Finance, Inc., 10,000,000
stock options as part of a compensation package offered to a new officer of the Company, and 5,000,000 stock options as part of the purchase