Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | IPSI | Note Shares | Purchase | $200K | +580K | +289.86% | $0.35 | 780K | Nov 27, 2023 | Common Stock | 580K | $0.35 | Direct | F1, F2 |
transaction | IPSI | Warrant Shares | Purchase | $200K | +580K | +74.35% | $0.35 | 1.36M | Nov 27, 2023 | Common Stock | 580K | $0.35 | Direct | F3, F4 |
Id | Content |
---|---|
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. |