secwatch.observer — SEC 8-K summary
======================================

Issuer:     QHSLab, Inc. (USAQ)
CIK:        0000856984
Form:       8-K
Filed at:   2025-02-25T23:59:59+00:00
Accession:  0001493152-25-008228
Event type: other_material
Sentiment:  negative
Materiality: 0.85
Item codes: 2.04, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/856984/000149315225008228/0001493152-25-008228-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/856984/000149315225008228/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-008228

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer