---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-008228"
form_type: "8-K"
ticker: "USAQ"
cik: "0000856984"
company_name: "QHSLab, Inc."
filed_at: "2025-02-25T23:59:59+00:00"
generated_at: "2026-05-26T05:18:17.101665+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# QHSLab receives $1.4M default notice on two convertible notes; expects not to pay by Feb 27

## Summary
- Received Notice of Default from Mercer Street Global Opportunity Fund for two secured promissory notes (August 2021 and July 2022).
- Lender demands $1,400,853.77 principal+18% accrued interest; company disputes amount and expects not to meet Feb 27 deadline.
- Notes matured Aug 2022 and July 2023, remain unpaid; lender accelerated all amounts due.
- Company evaluating financial alternatives; no assurance of resolution; lender may pursue remedies including lien on assets.

## SEC filing metadata
- accession: 0001493152-25-008228
- form_type: 8-K
- ticker: USAQ
- cik: 0000856984
- company_name: QHSLab, Inc.
- filed_at: 2025-02-25T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.04, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/856984/000149315225008228/0001493152-25-008228-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/856984/000149315225008228/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-008228
- JSON: https://secwatch.observer/filing/0001493152-25-008228.json
- Plain text: https://secwatch.observer/filing/0001493152-25-008228.txt

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