---
schema_version: "secwatch.filing_event.v1"
accession: "0001663577-26-000196"
form_type: "8-K"
ticker: "IQST"
cik: "0001527702"
company_name: "iQSTEL Inc"
filed_at: "2026-06-25T19:34:33+00:00"
generated_at: "2026-06-25T19:35:14.924698+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# iQSTEL signs binding MOU to acquire 51% of ULTRANET, expects 4x net income boost

## Summary
- Binding MOU to acquire 51% controlling interest in ULTRANET Telecom Group; expected Q3 2026 close.
- ULTRANET adds $130M annual revenue, $4.5M net income (~4x IQSTEL's current), $13M shareholders' equity.
- Combined Adj. EBITDA of ~$9M, halfway to $15M target; expands IQSTEL to ~30 countries across Africa, LatAm, Europe.
- Digital services platform (fintech, AI, cybersecurity) can reach 23M users via 2.3B global end-user base.
- Management targets $1B revenue by 2027; Litchfield Hills Research reaffirms $18/share price target.

## SEC filing metadata
- accession: 0001663577-26-000196
- form_type: 8-K
- ticker: IQST
- cik: 0001527702
- company_name: iQSTEL Inc
- filed_at: 2026-06-25T19:34:33+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1527702/000166357726000196/0001663577-26-000196-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1527702/000166357726000196/iqst8k062526.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001663577-26-000196
- JSON: https://secwatch.observer/filing/0001663577-26-000196.json
- Plain text: https://secwatch.observer/filing/0001663577-26-000196.txt

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