secwatch.observer — SEC 8-K summary
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Issuer:     iQSTEL Inc (IQST)
CIK:        0001527702
Form:       8-K
Filed at:   2025-10-10T23:59:59+00:00
Accession:  0001663577-25-000299
Event type: other_material
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1527702/000166357725000299/0001663577-25-000299-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1527702/000166357725000299/iqst8k101025pr.htm
  HTML page:      https://secwatch.observer/filing/0001663577-25-000299

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