---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-036453"
form_type: "8-K"
ticker: "USAQ"
cik: "0000856984"
company_name: "QHSLab, Inc."
filed_at: "2023-10-06T23:59:59+00:00"
generated_at: "2026-06-10T03:43:26.678161+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# QHSLab reduces note conversion price to $0.025 on $10,500; in default on $806K and $440K notes

## Summary
- On Oct 5, 2023, QHSLab reduced conversion price on $10,500 of $806K Note to $0.025 per share at holder's request.
- Remaining balances of $806K Note and $440K Second Note stay convertible at $0.20 per share.
- Company is in default on both Notes; further holder actions or concessions are possible.
- Conversion price reduction to $0.025 increases potential dilution for existing shareholders.

## SEC filing metadata
- accession: 0001493152-23-036453
- form_type: 8-K
- ticker: USAQ
- cik: 0000856984
- company_name: QHSLab, Inc.
- filed_at: 2023-10-06T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/856984/000149315223036453/0001493152-23-036453-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/856984/000149315223036453/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-036453
- JSON: https://secwatch.observer/filing/0001493152-23-036453.json
- Plain text: https://secwatch.observer/filing/0001493152-23-036453.txt

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