secwatch.observer — SEC 8-K summary
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Issuer:     iQSTEL Inc (IQST)
CIK:        0001527702
Form:       8-K
Filed at:   2025-05-02T23:59:59+00:00
Accession:  0001663577-25-000118
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 3.03, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

iQSTEL implements 1-for-80 reverse stock split to pursue Nasdaq uplisting
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- Reverse split effective May 2, 2025; ratio 1-for-80.
- Authorized shares reduced from 300M to 3.75M; outstanding from ~210.7M to ~2.63M.
- Trading symbol changed to IQSTD temporarily; will revert to IQST after 20 days or Nasdaq listing.
- Split intended to meet Nasdaq's $4.00 minimum bid price; uplisting not guaranteed.
- No fractional shares cashed out; fractional shares rounded up to next whole number.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1527702/000166357725000118/0001663577-25-000118-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1527702/000166357725000118/iqst8k050125.htm
  HTML page:      https://secwatch.observer/filing/0001663577-25-000118

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