---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-091915"
form_type: "8-K"
ticker: "IPSI"
cik: "0001591913"
company_name: "Innovative Payment Solutions, Inc."
filed_at: "2023-12-01T23:59:59+00:00"
generated_at: "2026-06-07T19:21:59.420635+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.1
calibrated_materiality_score: 0.1
confidence: "high"
source: SEC EDGAR
---

# Innovative Payment Solutions reports 2023 annual meeting results; directors elected, auditor ratified

## Summary
- Stockholders elected William D. Corbett, Richard Rosenblum, Madisson Butler, and David Rios as directors for one-year terms.
- Ratification of RBSM LLP as independent registered public accounting firm for FY 2023 received 6,326,755 votes for, 42,847 against, 309,547 abstaining.
- Approximately 6.68 million shares voted, representing a quorum of the 13.03 million outstanding shares.

## SEC filing metadata
- accession: 0001213900-23-091915
- form_type: 8-K
- ticker: IPSI
- cik: 0001591913
- company_name: Innovative Payment Solutions, Inc.
- filed_at: 2023-12-01T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.1
- calibrated_materiality_score: 0.1
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1591913/000121390023091915/0001213900-23-091915-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1591913/000121390023091915/ea189386-8k_innovative.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-091915
- JSON: https://secwatch.observer/filing/0001213900-23-091915.json
- Plain text: https://secwatch.observer/filing/0001213900-23-091915.txt

## Key facts
- Shareholder Votes
  Innovative Payment Solutions, Inc. shareholders approved Ratification of the appointment of independent registered public accounting firm at the 2023-11-30 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2023-11-30
  source text: Proposal No. 2 – Ratification of the appointment of independent registered public accounting firm The appointment of RBSM LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023 was ratified.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1591913/000121390023091915/0001213900-23-091915-index.htm
- Shareholder Votes
  Innovative Payment Solutions, Inc. shareholders approved Election of Directors at the 2023-11-30 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-11-30
  source text: Proposal No. 1 – Election of Directors William D. Corbett, Richard Rosenblum, Madisson Butler and David Rios were each elected as a director to serve for a one-year term that expires at the 2024 annual meeting of stockholders or until their successors shall be elected and qualified.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1591913/000121390023091915/0001213900-23-091915-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.