Innovative Payment Solutions Announces 1-for-30 Reverse Stock Split Effective as of Tuesday Morning, August 30, 2023

August 29, 2023

CARMEL BY THE SEA, Calif., Aug. 29, 2023 (GLOBE NEWSWIRE) — Innovative Payment Solutions, Inc. (OTCQB:IPSI) (“IPSI” or the “Company”), a leading FinTech provider of digital payment platforms, today announced that it has effectuated a reverse stock split of its common stock at a ratio of 1 post-split share for every 30 pre-split shares that will become effective on the OTC Marketplace at 8:00 a.m. Eastern time on Wednesday, August 30, 2023.

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