---
schema_version: "secwatch.filing_event.v1"
accession: "0001663577-25-000299"
form_type: "8-K"
ticker: "IQST"
cik: "0001527702"
company_name: "iQSTEL Inc"
filed_at: "2025-10-10T23:59:59+00:00"
generated_at: "2026-05-17T04:04:30.594207+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# IQSTEL enters cybersecurity via stock swap with Cycurion, becomes debt-free, plans $500K dividend

## Summary
- IQSTEL enters cybersecurity via stock swap with Cycurion; issues 151,058 shares, receives 3,866,976 Cycurion shares (each $1M).
- IQSTEL eliminates all convertible notes and warrants, becomes debt-free; reports $17.41 assets per share.
- Plans $500,000 dividend in shares by Dec 31, 2025 as part of Cycurion partnership.
- July 2025 revenue $35M, surpassing $400M annual run rate; targets $15M EBITDA run rate in 2025 and $1B revenue run rate by 2027.
- CEO Leandro Iglesias highlights strengthening balance sheet and expansion into AI-enhanced cybersecurity.

## SEC filing metadata
- accession: 0001663577-25-000299
- form_type: 8-K
- ticker: IQST
- cik: 0001527702
- company_name: iQSTEL Inc
- filed_at: 2025-10-10T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1527702/000166357725000299/0001663577-25-000299-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1527702/000166357725000299/iqst8k101025pr.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001663577-25-000299
- JSON: https://secwatch.observer/filing/0001663577-25-000299.json
- Plain text: https://secwatch.observer/filing/0001663577-25-000299.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.