Innovative Payment Solutions, Inc. 56B 5th Avenue, Lot 1 #AT Carmel By The Sea, California 93921 December 30, 2022Convertible Note Amendment • January 5th, 2023 • Innovative Payment Solutions, Inc. • Retail-catalog & mail-order houses
This letter agreement documents our agreement to amend that certain Convertible Note, dated February 16, 2021, as amended (the “Note”), issued by Innovative Payment Solutions, Inc. (the “Company”) to Mercer Street Global Opportunity Fund, LLC (the “Investor”) as provided herein. Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Note or the associated Securities Purchase Agreement, dated February 16, 2021 (“SPA”) under which the Note and and associated warrants (the “Warrants”) to purchase 2,486,957 shares of common stock of the Company (the “Common Stock”) were issued.
Innovative Payment Solutions, Inc. 56B 5th Avenue, Lot 1 #AT Carmel By The Sea, California 93921 December 30, 2022Convertible Note Amendment • January 5th, 2023 • Innovative Payment Solutions, Inc. • Retail-catalog & mail-order houses
This letter agreement documents our agreement to amend that certain Convertible Note, dated February 16, 2021, as amended (the “Note”), issued by Innovative Payment Solutions, Inc. (the “Company”) to Cavalry Fund I LP (the “Investor”) as provided herein. Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Note or the associated Securities Purchase Agreement, dated February 16, 2021 (“SPA”) under which the Note and and associated warrants (the “Warrants”) to purchase 2,486,957 shares of common stock of the Company (the “Common Stock”) were issued.
