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8-K2026-03-31· glm-5

IPSI · Innovative Payment Solutions, Inc.

0001213900-26-037761

SEC filing

Summary

Innovative Payment Solutions, Inc. filed an amendment to its Articles of Incorporation to increase authorized common stock from 1.5 billion to 5.0 billion shares, effective January 21, 2026.

Key takeaways

Full analysis

Innovative Payment Solutions, Inc. significantly expanded its authorized share capital through an amendment to its Articles of Incorporation filed with the Nevada Secretary of State on January 21, 2026. The amendment increases the authorized common stock from 1.5 billion shares to 5.0 billion shares, representing a substantial 233% increase in authorized capacity. The par value remains $0.0001 per share. The authorized preferred stock remains static at 100 million shares. The Board of Directors approved the increase on January 14, 2026, citing the need for flexibility to support future financings, strategic transactions, acquisitions, and equity incentive programs. The amendment was subsequently approved by majority written consent of the shareholders in accordance with Nevada Revised Statutes. The filing became effective immediately upon submission to the state. This expansion of authorized shares provides the company with significant capacity for future capital raising activities and corporate transactions, though it also implies substantial potential dilution for existing shareholders if the full authorization is utilized.