{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-050541","form_type":"8-K/A","ticker":"QIND","cik":"0001393781","company_name":"Quality Industrial Corp.","filed_at":"2024-06-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.214453+00:00","generated_at":"2026-06-01T05:30:58.143445+00:00","sec_items":["9.01","5.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Quality Industrial acquires 51% of Al Shola Gas for $10M; pro forma revenue $10.8M, net loss $2.37M","bullets":["Purchase price $10M: $9M in stock/cash over 24 months post-uplist, $1M cash in 12 months.","Pro forma combined total assets $34.8M, revenue $10.8M, net loss $2.37M for FY2023.","Goodwill of $7.75M recorded; 51% net assets acquired of $2.25M (Dec 31, 2023).","QIND obtains two board seats and immediate control; operating control remains with existing management unless breach."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-050541","json":"https://secwatch.observer/filing/0001213900-24-050541.json","markdown":"https://secwatch.observer/filing/0001213900-24-050541.md","text":"https://secwatch.observer/filing/0001213900-24-050541.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1393781/000121390024050541/0001213900-24-050541-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1393781/000121390024050541/ea0207503-8ka1_quality.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T05:30:58.143445+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}