{"schema_version":"secwatch.filing_event.v1","accession":"0001663577-25-000175","form_type":"8-K","ticker":"IQST","cik":"0001527702","company_name":"iQSTEL Inc","filed_at":"2025-05-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.621581+00:00","generated_at":"2026-05-20T04:20:06.149566+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"iQSTEL acquires 51% of GlobeTopper for $700k; GlobeTopper targets $65M revenue in 2025","bullets":["Total consideration: $200k cash plus $500k in restricted IQST shares at 20% VWAP discount; earn-outs based on EBITDA growth.","iQSTEL to invest up to $1.2M over 24 months ($50k/month) contingent on quarterly targets.","Closing expected by July 1, 2025; seller Craig Span remains CEO of GlobeTopper for at least two years.","GlobeTopper planning >$65M profitable revenue in 2025; IQST aims for $400M revenue run rate by year-end.","Acquisition supports IQSTEL's $1B revenue goal by 2027, expanding fintech/telecom convergence."],"urls":{"canonical":"https://secwatch.observer/filing/0001663577-25-000175","json":"https://secwatch.observer/filing/0001663577-25-000175.json","markdown":"https://secwatch.observer/filing/0001663577-25-000175.md","text":"https://secwatch.observer/filing/0001663577-25-000175.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1527702/000166357725000175/0001663577-25-000175-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1527702/000166357725000175/iqst8k052925.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T04:20:06.149566+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}