{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-22-039147","form_type":"8-K","ticker":"IPSI","cik":"0001591913","company_name":"Innovative Payment Solutions, Inc.","filed_at":"2022-07-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:56.289230+00:00","generated_at":"2026-06-24T15:56:06.863361+00:00","sec_items":["8.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Innovative Payment Solutions signs Mario Lopez endorsement deal; $300K cash + 15M warrants","bullets":["Two-year endorsement agreement with Pez-Mar, Inc. for Mario Lopez to serve as spokesperson effective July 8, 2022.","Cash fee of $300,000: $125,000 upon signing, $125,000 quarterly, and $50,000 on first anniversary.","Issues 15,000,000 warrants at $0.0345/share, 3-year term, vesting over term with acceleration on change of control.","Warrants exercisable cashless if shares not registered; include piggyback registration rights.","Lopez to provide social media posts, TV commercials, interviews, and photo shoots; standard non-compete and confidentiality."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-22-039147","json":"https://secwatch.observer/filing/0001213900-22-039147.json","markdown":"https://secwatch.observer/filing/0001213900-22-039147.md","text":"https://secwatch.observer/filing/0001213900-22-039147.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1591913/000121390022039147/0001213900-22-039147-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1591913/000121390022039147/ea162823-8k_innovative.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-24T15:56:06.863361+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"}