---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-034342"
form_type: "8-K"
ticker: "QPRC"
cik: "0000824416"
company_name: "QUEST PATENT RESEARCH CORP"
filed_at: "2025-04-23T23:59:59+00:00"
generated_at: "2026-05-23T08:41:57.750925+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Quest Patent Research enters up to $19.5M financing with QPRC Finance for patent acquisition and enforcement

## Summary
- Total financing up to $19.5M: $3M for operating expenses, $9M for patent purchase, $7.5M for enforcement costs.
- On April 18, 2025, MR used $9M from the facility to purchase over 2,500 patents from Monterey (data storage security and semiconductor).
- Company requested $750,000 in operating capital from the facility; as of filing date, capital not yet provided.
- Net proceeds from patent monetization are distributed to QPRC Finance under a waterfall agreement; non-recourse except on event of default.
- Intelligent Partners executed a subordination agreement and notified the company it intends to exercise board observation rights.

## SEC filing metadata
- accession: 0001213900-25-034342
- form_type: 8-K
- ticker: QPRC
- cik: 0000824416
- company_name: QUEST PATENT RESEARCH CORP
- filed_at: 2025-04-23T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/824416/000121390025034342/0001213900-25-034342-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/824416/000121390025034342/ea0239160-8k_quest.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-034342
- JSON: https://secwatch.observer/filing/0001213900-25-034342.json
- Plain text: https://secwatch.observer/filing/0001213900-25-034342.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.