iQSTEL raises Series D preferred conversion true-up cap to 5.0, retroactive to prior conversions

iQSTEL Inc

Cap on True-Up Ratio increased from 2.5 to 5.0 for conversion adjustments.
Change applies retroactively; additional common shares may be issued for prior conversions.
Authorized shares remain 100,000; no other Series D terms modified.
Amendment consented to by Series D preferred stockholders.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

iQSTEL Inc: Third Amended and Restated Certificate of Designation filed for Series D Preferred Stock, increasing the cap on the True-Up Ratio from 2.5 to 5, with retroactive application to prior conversions (effective 2026-02-03).

Change: charter amendment
Effective: 2026-02-03

Exact text from the filing

On February 3, 2026, iQSTEL Inc. (the “Company”) filed a Third Amended and Restated Certificate of Designation for the Series D Preferred Stock (the “Certificate of Designation”) with the Secretary of State of Nevada to amend and restate the terms of its Series D Preferred Stock, originally established on November 3, 2023, first amended on July 7, 2025 and amended again on October 10, 2025.

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Source: SEC EDGAR

accession 0001663577-26-000034

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