{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-033297","form_type":"8-K","ticker":"QIND","cik":"0001393781","company_name":"Quality Industrial Corp.","filed_at":"2026-07-15T13:00:56+00:00","discovered_at":"2026-07-15T13:02:00.317485+00:00","generated_at":"2026-07-15T13:02:09.796070+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Quality Industrial Corp. enters forbearance on $1.587M notes; to pay $1.675M by Jan 2028","bullets":["Forbearance agreement with RB Capital Partners covers two convertible notes totaling $1.587M outstanding as of June 30, 2026.","Company to pay $1.675M in 19 monthly installments from July 30, 2026 to Jan 15, 2028; $30K discount for timely payments.","Notes bear 7% interest, matured; forbearance period until March 1, 2028; conversion right at $1.00/share reserved.","Default triggers include missed payments, bankruptcy, etc.; upon default, full unpaid amount due with 5% interest.","Mutual releases; Holder's release effective upon full payment; no novation."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-033297","json":"https://secwatch.observer/filing/0001493152-26-033297.json","markdown":"https://secwatch.observer/filing/0001493152-26-033297.md","text":"https://secwatch.observer/filing/0001493152-26-033297.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1393781/000149315226033297/0001493152-26-033297-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1393781/000149315226033297/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-15T13:02:09.796070+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}