4//SEC Filing
Rios David F 4
Accession 0001213900-23-096506
CIK 0001591913other
Filed
Dec 17, 7:00 PM ET
Accepted
Dec 18, 4:15 PM ET
Size
8.4 KB
Accession
0001213900-23-096506
Insider Transaction Report
Form 4
Rios David F
Director
Transactions
- PurchaseSwap
Note Shares
2023-11-27$0.34/sh+579,710$200,000→ 779,710 totalExercise: $0.34From: 2023-11-27Exp: 2024-11-27→ Common Stock (579,710 underlying) - PurchaseSwap
Warrant Shares
2023-11-27$0.34/sh+579,710$200,000→ 1,359,420 totalExercise: $0.34From: 2023-11-27Exp: 2024-11-27→ Common Stock (579,710 underlying)
Footnotes (4)
- [F1]David Rios entered into a Convertible Promissory Note with Innovative Payment Solutions in the amount of $200,000, which is at any time convertible into shares of common stock at a conversion price of $0.345 per share.
- [F2]The shares are held by the 1999 Rios Family Trust. David Rios is the Trustee of the 1999 Rios Family Trust.
- [F3]The shares were issued pursuant to a common stock purchase warrant as part of a financing agreement by and between David Rios and Innovative Payment Solutions, Inc.
- [F4]The shares are held by the 1999 Rios Family Trust. David Rios is the Trustee of the 1999 Rios Family Trust.
Documents
Issuer
Innovative Payment Solutions, Inc.
CIK 0001591913
Entity typeother
Related Parties
1- filerCIK 0001876430
Filing Metadata
- Form type
- 4
- Filed
- Dec 17, 7:00 PM ET
- Accepted
- Dec 18, 4:15 PM ET
- Size
- 8.4 KB