secwatch.observer — SEC 8-K summary
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Issuer:     iQSTEL Inc (IQST)
CIK:        0001527702
Form:       8-K
Filed at:   2025-01-17T23:59:59+00:00
Accession:  0001663577-25-000026
Event type: other_material
Sentiment:  negative
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

iQSTEL issues option to ADI Funding to buy up to 15M shares at 70% of VWAP for $100K
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- Issued Common Stock Purchase Option to ADI Funding LLC for $100,000, expiring July 14, 2025.
- Option allows purchase of up to 15,000,000 shares at 70% of VWAP (floor $0.11 per share).
- ADI Funding obligated to exercise at least 2M shares within 15 days of effective registration statement.
- Beneficial ownership limitation of 4.99% (may be increased to 9.99%).
- Proceeds used for general working capital.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1527702/000166357725000026/0001663577-25-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1527702/000166357725000026/iqst8k011425.htm
  HTML page:      https://secwatch.observer/filing/0001663577-25-000026

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