---
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"
generated_at: "2026-07-15T13:02:09.796070+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Quality Industrial Corp. enters forbearance on $1.587M notes; to pay $1.675M by Jan 2028

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-033297
- JSON: https://secwatch.observer/filing/0001493152-26-033297.json
- Plain text: https://secwatch.observer/filing/0001493152-26-033297.txt

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