secwatch.observer — SEC 8-K summary
======================================

Issuer:     iQSTEL Inc (IQST)
CIK:        0001527702
Form:       8-K
Filed at:   2025-03-13T23:59:59+00:00
Accession:  0001663577-25-000069
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

iQSTEL signs MOU to sell itsBChain stake for $1M; plans stock dividend to shareholders
--------------------------------------------------------------------------------

- MOU to sell 75% of itsBChain (100% of iQSTEL's stake) to Accredited Solutions (ASII) for $1M total consideration.
- Consideration: $500K in ASII preferred shares + $500K in ASII common shares; iQSTEL retains 1% lifetime royalty on sales.
- iQSTEL plans to distribute ASII common shares as a dividend to its shareholders; part of Nasdaq uplisting strategy.
- Definitive purchase agreement expected by July 1, 2025; $250K penalty if ASII fails to close.
- iQSTEL acknowledges $65K remaining investment commitment to itsBChain, paid in $2,500 monthly installments.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1527702/000166357725000069/0001663577-25-000069-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1527702/000166357725000069/iqst8k031025.htm
  HTML page:      https://secwatch.observer/filing/0001663577-25-000069

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer