{"schema_version":"secwatch.filing_event.v1","accession":"0001663577-24-000044","form_type":"8-K","ticker":"IQST","cik":"0001527702","company_name":"iQSTEL Inc","filed_at":"2024-02-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.501520+00:00","generated_at":"2026-06-06T03:22:33.787212+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"iQSTEL issues option to ADI Funding for up to 10M shares at discount to VWAP","bullets":["Issued Common Stock Purchase Option to ADI Funding LLC for $100,000; expires Dec 31, 2024.","Option covers up to 10,000,000 shares; exercise price is 70% or 75% of 10-day VWAP based on price.","ADI must exercise at least 2M shares by later of March 31, 2024 or effective resale registration.","Additional mandatory exercises of 1M shares every 30 days on cash basis, subject to $0.11 floor.","Beneficial ownership limit 4.99% (may increase to 9.99%); anti-dilution rights included."],"urls":{"canonical":"https://secwatch.observer/filing/0001663577-24-000044","json":"https://secwatch.observer/filing/0001663577-24-000044.json","markdown":"https://secwatch.observer/filing/0001663577-24-000044.md","text":"https://secwatch.observer/filing/0001663577-24-000044.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1527702/000166357724000044/0001663577-24-000044-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1527702/000166357724000044/iqst8k021224.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T03:22:33.787212+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":[{"claim_id":"74edf11c4282570517c6987e1c39f419b88e673a","claim":"iQSTEL Inc entered into Common Stock Purchase Option with ADI Funding LLC valued at $100,000 (effective 2024-02-12).","evidence_excerpt":"On February 12, 2024, we issued a Common Stock Purchase Option (the “Option”) to ADI Funding LLC (“ADI Funding”) for $100,000 that expires on December 31, 2024, for the right to acquire up to 10,000,000 shares of common stock.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1527702/000166357724000044/0001663577-24-000044-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"ADI Funding LLC"},{"label":"Value","value":"$100,000"},{"label":"Effective","value":"2024-02-12"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}