secwatch.observer — SEC 8-K summary
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Issuer:     iQSTEL Inc (IQST)
CIK:        0001527702
Form:       8-K
Filed at:   2025-06-03T23:59:59+00:00
Accession:  0001663577-25-000179
Event type: other_material
Sentiment:  neutral
Materiality: 0.20
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

iQSTEL issues 179,993 shares on conversion of $3.5M secured notes at $4.20/share
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- Noteholder converted principal and interest under two secured convertible promissory notes with aggregate purchase price of $3,500,000.
- Conversion resulted in issuance of 179,993 shares of common stock at $4.20 per share, post 1-for-80 reverse stock split effected May 2, 2025.
- Shares issued in reliance on Section 3(a)(9) exemption from registration.
- Conversion occurred on June 2, 2025; shares issued same day.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1527702/000166357725000179/0001663577-25-000179-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1527702/000166357725000179/iqst8k060225.htm
  HTML page:      https://secwatch.observer/filing/0001663577-25-000179

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