---
schema_version: "secwatch.filing_event.v1"
accession: "0001663577-24-000265"
form_type: "8-K"
ticker: "IQST"
cik: "0001527702"
company_name: "iQSTEL Inc"
filed_at: "2024-10-22T23:59:59+00:00"
generated_at: "2026-05-30T11:37:10.487640+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# iQSTEL extends $3.56M in convertible notes by 12 months; issues 646,467 restricted shares

## Summary
- Extended maturity on three notes totaling $3,555,555.56: first note $1,888,888.89 due Jan 1, 2026; second $1,111,111.11 due Mar 12, 2026; third $555,555.56 due Mar 25, 2026.
- Issued 646,467 restricted common shares to M2B Funding Corp. as consideration for the extension.
- Press release states Nasdaq uplisting is imminent and reiterates $1B revenue goal by 2027.
- 2023 revenue reported at $144M; 2024 revenue forecast of $290M in the same press release.
- Stock dilution of 646,467 shares may impact existing shareholders; no new interest rate or conversion terms disclosed.

## SEC filing metadata
- accession: 0001663577-24-000265
- form_type: 8-K
- ticker: IQST
- cik: 0001527702
- company_name: iQSTEL Inc
- filed_at: 2024-10-22T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1527702/000166357724000265/0001663577-24-000265-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1527702/000166357724000265/iqst8k101824.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001663577-24-000265
- JSON: https://secwatch.observer/filing/0001663577-24-000265.json
- Plain text: https://secwatch.observer/filing/0001663577-24-000265.txt

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