secwatch.observer — SEC 8-K summary
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Issuer:     iQSTEL Inc (IQST)
CIK:        0001527702
Form:       8-K
Filed at:   2025-07-09T23:59:59+00:00
Accession:  0001663577-25-000222
Event type: other_material
Sentiment:  positive
Materiality: 0.55
Item codes: 1.01, 2.03, 3.02, 3.03, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

iQSTEL reduces $6.9M debt, exchanges $3.5M for Series D Preferred; interest savings $0.92M
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- Exchanged $3,546,136 in outstanding debt for 37,110 shares of Series D Preferred Stock.
- Series D carries 12% cumulative dividend; convertible into common after 3 months at 12.5 common per share.
- Company to file resale registration statement for underlying common stock within 45 days.
- Total debt reduction of $6.9M via combined conversions; annual interest savings of $0.92M.
- CEO states debt reduced by ~$2 per share, improving net stockholders' equity from $11.34M (Q1 2025).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1527702/000166357725000222/0001663577-25-000222-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1527702/000166357725000222/iqst8k070325.htm
  HTML page:      https://secwatch.observer/filing/0001663577-25-000222

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