UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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Section 1 – Registrant’s Business and Operations
Item 1.01 Entry into a Material Definitive Agreement
On October 29, 2025, Innovative Payment Solutions, Inc. (“IPSI” or the “Company”) entered into a Limited Liability Company Operating Agreement (the “Agreement”) with Brant Point Solutions, LLC (“BP”) to form a new Delaware limited liability company known as Jetties Partners, LLC (d/b/a IPSIPAY) (the “Joint Venture”).
The purpose of the Joint Venture is to develop, market, distribute, and operate real-time financial technology merchant processing payment solutions branded as IPSIPay or PayzliPlus, initially targeting gaming, sportsbook, and casino entertainment markets.
The Agreement outlines the parties’ respective contributions, governance structure, management rights, and other material terms relating to the operation of the Joint Venture. The Company believes that this collaboration will expand its reach within the real-time payments and gaming merchant processing industries through the integration of complementary technologies and market relationships.
The description of the Agreement contained herein does not purport to be complete and is qualified in its entirety by reference to the Limited Liability Company Operating Agreement of Jetties Partners, LLC, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.
Section 9 – Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits
Exhibit No. | Description |
10.1 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
INNOVATIVE PAYMENT SOLUTIONS, INC.
By: /s/ William D. Corbett
Name: William D. Corbett
Title: Chief Executive Officer
Date: November 3, 2025