secwatch.observer — SEC 8-K summary
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Issuer:     QHSLab, Inc. (USAQ)
CIK:        0000856984
Form:       8-K
Filed at:   2025-12-29T23:59:59+00:00
Accession:  0001493152-25-029222
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 1.01, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

QHSLab raises $500K in equity, retires $1.4M convertible debt; clean balance sheet entering 2026
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- Private placement of 1,666,663 shares at $0.30/share plus 416,666 warrants exercisable at $0.60 through Dec 2030.
- Net proceeds ~$495,000 used for working capital; no broker fees paid.
- Retired over $1.4M in 2021-2022 convertible notes (18% default interest, $0.20 conversion) in November 2025.
- Annual interest expense cut by more than $200,000; potential dilution from conversion eliminated.
- Nine-month 2025 revenue $1.99M (+32% YoY), gross profit $1.32M (66% margin).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/856984/000149315225029222/0001493152-25-029222-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/856984/000149315225029222/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-029222

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