{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-044330","form_type":"8-K","ticker":"QIND","cik":"0001393781","company_name":"Quality Industrial Corp.","filed_at":"2026-09-25T20:34:36+00:00","discovered_at":"2026-09-25T20:36:01.645905+00:00","generated_at":"2026-10-12T13:25:01.689295+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Quality Industrial restructures $10M Al Shola Gas buy; Fusion Fuel to issue $2M shares","bullets":["Fusion Fuel Green will issue 500,000 Class A shares at $4.00/share ($2M) to Al Shola Gas investors: Sanjeeb Safir 40%, Safir Ahammed 40%, Almheiri 20%; QIND issues $2M common to Fusion Fuel.","Al Shola Gas $10M purchase price restructured: $1.02M already paid, $2M via Parent Shares, $6M and $980K due by Dec 31, 2027; Alternative Payment if shares not issued by Dec 31, 2026.","Each Investor granted QIND a call option through Mar 27, 2027 to buy Al Shola Gas shares at $65,359.48/share; Consideration Securities have a 6-month lock-up, then daily sales capped at 3% of volume.","Amendment No. 2 eliminates QIND obligations to provide debt financing, credit facilities, equity lines, or bank guarantees for Al Shola Gas; non-compete/non-solicit extended from 2 to 4 years.","Al Shola Gas will pay quarterly dividends equal to prior-quarter profits from Q3 2026; closing conditions include Nasdaq listing approval and Irish Takeover Panel approvals."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-044330","json":"https://secwatch.observer/filing/0001493152-26-044330.json","markdown":"https://secwatch.observer/filing/0001493152-26-044330.md","text":"https://secwatch.observer/filing/0001493152-26-044330.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1393781/000149315226044330/0001493152-26-044330-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1393781/000149315226044330/form8-k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T13:25:01.689295+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"}