Innovative Payment Solutions, Inc. — fact timeline

Innovative Payment Solutions, Inc.: Increased the number of authorized shares of the company's common stock (effective 2026-01-21).

“An increase in the number of authorized shares of the Company’s common stock.”

Innovative Payment Solutions, Inc.: Filed Restated Articles of Incorporation increasing authorized common and preferred stock, clarifying capital structure, and authorizing preferred stock series designation (effective 2025-10-03).

“On October 3, 2025, Innovative Payment Solutions, Inc. (the “Company”) filed Restated Articles of Incorporation with the Secretary of State of the State of Nevada.”

William D. Corbett was appointed as Chief Executive Officer at Innovative Payment Solutions, Inc..

“appointed William D. Corbett, the current Executive Chairman of the Company, to the additional office of Chief Executive Officer of the Company.”

Richard Rosenblum resigned as President, Chief Financial Officer, Secretary at Innovative Payment Solutions, Inc..

“On January 7, 2025, Richard Rosenblum provided written notice to the board of directors (the "Board") of Innovative Payment Solutions, Inc., a Nevada corporation (the "Company"), of his resignation as President, Chief Financial Officer, Secretary, and as a member of the Board, effective immediately.”

Richard Rosenblum was appointed as principal executive officer at Innovative Payment Solutions, Inc..

“the Board, pursuant to the powers of the Board provided for under applicable Nevada law and the Bylaws, appointed Richard Rosenblum, the current President and Chief Financial Officer of IPSI, as IPSI’s 'principal executive officer' for all general corporate purposes and for Securities and Exchange Commission reporting purposes.”

William D. Corbett was appointed as Executive Chairman at Innovative Payment Solutions, Inc..

“The Board appointed William D. Corbett, the current Chairman of the Board of IPSI, to the office of Executive Chairman and removed Mr. Corbett as IPSI’s Chief Executive Officer.”

Innovative Payment Solutions, Inc. incurred convertible notes of total gross proceeds of approximately $308,000 with four (4) accredited investment entities at 8% per annum maturing 12 months from issuance.

“Between February 6 and February 21, 2024, Innovative Payment Solutions, Inc. (the “ Company ” or “ IPSI ”) entered into Securities Purchase Agreements pursuant to which the Company issued convertible promissory notes (the “ Notes ”) to four (4) accredited investment entities for total gross proceeds of approximately $308,000.”