---
schema_version: "secwatch.filing_event.v1"
accession: "0001376474-25-000117"
form_type: "8-K"
ticker: "IPSI"
cik: "0001591913"
company_name: "Innovative Payment Solutions, Inc."
filed_at: "2025-01-28T23:59:59+00:00"
generated_at: "2026-05-27T08:20:55.769599+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Innovative Payment Solutions and Business Warrior mutually terminate merger agreement

## Summary
- Termination of July 28, 2024 Merger Agreement effective January 22, 2025; no liabilities owed by either party.
- Original deal would have issued 45% of IPSI post-close stock to Business Warrior holders.
- No reason for termination disclosed; both companies acknowledge mutual agreement to discontinue.

## SEC filing metadata
- accession: 0001376474-25-000117
- form_type: 8-K
- ticker: IPSI
- cik: 0001591913
- company_name: Innovative Payment Solutions, Inc.
- filed_at: 2025-01-28T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1591913/000137647425000117/0001376474-25-000117-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1591913/000137647425000117/ips-20250122.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001376474-25-000117
- JSON: https://secwatch.observer/filing/0001376474-25-000117.json
- Plain text: https://secwatch.observer/filing/0001376474-25-000117.txt

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