{"schema_version":"secwatch.filing_event.v1","accession":"0001663577-24-000127","form_type":"8-K","ticker":"IQST","cik":"0001527702","company_name":"iQSTEL Inc","filed_at":"2024-05-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.845289+00:00","generated_at":"2026-06-02T03:38:27.465748+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"iQSTEL agrees to acquire 51% of Lynk Telecom for $1.5M; adds $20M revenue, $1M net income","bullets":["Purchase price $1.5M paid in 12 monthly installments of $125k; closing expected by July 1, 2024.","Lynk Telecom estimated at $20M annual revenue and $1M net income; provides telephony, SMS, connectivity in US.","iQSTEL may lend up to $1.5M for retail expansion after Phase I goals; CEO Omar Luna to remain.","Acquisition includes potential earn-out if projections exceeded; Lynk Holding to use proceeds to pay Voyce Telecom debt."],"urls":{"canonical":"https://secwatch.observer/filing/0001663577-24-000127","json":"https://secwatch.observer/filing/0001663577-24-000127.json","markdown":"https://secwatch.observer/filing/0001663577-24-000127.md","text":"https://secwatch.observer/filing/0001663577-24-000127.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1527702/000166357724000127/0001663577-24-000127-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1527702/000166357724000127/iqst8k051024.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T03:38:27.465748+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":"1ddfb587c1d058974ebf3e5d79885af8e9784d00","claim":"iQSTEL Inc entered into Purchase Agreement with Omar Luna and Lynk Holding LLC valued at $1,500,000 (effective 2024-05-10).","evidence_excerpt":"On May 10, 2024, we entered into a Purchase Company Agreement (“Purchase Agreement”) with Omar Luna and Lynk Holding LLC (together, the “Seller”) concerning the sale by Seller and the purchase by us of 51% of the membership interests the Seller holds in Lynk Telecom, LLC, a Virginia limited liability company (the “Company”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1527702/000166357724000127/0001663577-24-000127-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"Omar Luna and Lynk Holding LLC"},{"label":"Value","value":"$1,500,000"},{"label":"Effective","value":"2024-05-10"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}