---
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"
generated_at: "2026-10-12T13:25:01.689295+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Quality Industrial restructures $10M Al Shola Gas buy; Fusion Fuel to issue $2M shares

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-044330
- JSON: https://secwatch.observer/filing/0001493152-26-044330.json
- Plain text: https://secwatch.observer/filing/0001493152-26-044330.txt

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