{"schema_version":"secwatch.filing_event.v1","accession":"0001663577-26-000309","form_type":"8-K","ticker":"IQST","cik":"0001527702","company_name":"iQSTEL Inc","filed_at":"2026-09-28T20:02:21+00:00","discovered_at":"2026-09-28T20:04:56.128546+00:00","generated_at":"2026-10-12T13:34:50.211350+00:00","sec_items":["1.01","2.03","7.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"iQSTEL settles $500,000 GlobeTopper obligation in cash; July net revenue $37.5M, $450M annualized run rate","bullets":["First Amendment dated Sept 16, 2026 converts $500,000 of the GlobeTopper unit purchase price from restricted stock into cash: $80,000 within 5 business days, then $70,000 monthly for six months.","Note maturity extended to 45 days after the final installment; the obligation is secured by IQSTEL Operating Holdings' 510,000 Class A Units of GlobeTopper, or 51% of the company.","On an uncured default, seller Craig Span may foreclose or rescind: reconveyance of the 51% GlobeTopper stake within 10 business days, unpaid balance forgiven, and UPA earn-outs terminated.","July 2026 net revenue was $37.5M, an annualized $450M run rate, supporting the $430M full-year objective; the planned Ultranet acquisition is expected to add $4.5M in net income.","IQSTEL Digital microdrama model: 300,000 paid monthly subs at $4-$6 would yield $14.4M-$21.6M annual consumer billings and $1.8M-$3.6M annualized profit contribution; not guidance."],"urls":{"canonical":"https://secwatch.observer/filing/0001663577-26-000309","json":"https://secwatch.observer/filing/0001663577-26-000309.json","markdown":"https://secwatch.observer/filing/0001663577-26-000309.md","text":"https://secwatch.observer/filing/0001663577-26-000309.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1527702/000166357726000309/0001663577-26-000309-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1527702/000166357726000309/iqst8k092826.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T13:34:50.211350+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}