{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-21-054722","form_type":"8-K","ticker":"IPSI","cik":"0001591913","company_name":"Innovative Payment Solutions, Inc.","filed_at":"2021-10-27T23:59:59+00:00","discovered_at":"2026-05-14T18:04:13.191637+00:00","generated_at":"2026-06-28T17:29:32.255821+00:00","sec_items":["5.07"],"event_type":"other","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Shareholders approve reverse stock split (up to 1:30) and increase authorized shares to 750M at annual meeting","bullets":["Reverse stock split approved (195.9M for, 57.9M against); board may set ratio between 1:2 and 1:30.","Authorized common shares increased from 500M to 750M (183.7M for, 68.3M against).","2021 Stock Incentive Plan approved with 152.5M shares voted for (excluding broker non-votes).","Preferred stock amendment to let board set rights failed (151.3M for vs 40.7M against).","All six director nominees elected; RBSM LLP ratified as independent auditor for FY2021."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-21-054722","json":"https://secwatch.observer/filing/0001213900-21-054722.json","markdown":"https://secwatch.observer/filing/0001213900-21-054722.md","text":"https://secwatch.observer/filing/0001213900-21-054722.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1591913/000121390021054722/0001213900-21-054722-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1591913/000121390021054722/ea149440-8k_innovative.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-28T17:29:32.255821+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}