QIND issues $1.1M convertible note for first tranche of UAE acquisition

Quality Industrial Corp.

Two-year convertible note with principal of $1,100,000, 7% interest, conversion at $1.00/share.
First tranche of $1,000,000 paid to UAE manufacturing company under binding LOI dated June 30, 2022.
LOI targets 51% of UAE company valued at $300 million; acquisition total $153M for controlling stake.
Note sold to RB Capital Partners Inc.; QIND can prepay at any time; conversion allowed after 6 months.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.