debt
confidence high
sentiment neutral
materiality 0.50
Innovative Payment Solutions extends Cavalry & Mercer notes, repays Bellridge $1.24M
Innovative Payment Solutions, Inc.
- Cavalry note maturity extended from Feb 16 to Aug 16, 2022; principal increased 10% to $866,242.37.
- Mercer note maturity extended similarly to Aug 16, 2022; principal increased to $866,242.37.
- On Feb 4, 2022, repaid Bellridge $1,235,312.50 in full, including accrued interest.