iQSTEL Files 8-K on Shareholder Vote Submission
Ticker: IQST · Form: 8-K · Filed: Feb 5, 2024 · CIK: 1527702
Complexity: simple
Sentiment: neutral
Topics: shareholder-vote, corporate-governance, 8-K
TL;DR
**iQSTEL just filed an 8-K about a shareholder vote, signaling potential big corporate changes.**
AI Summary
iQSTEL Inc. filed an 8-K on February 5, 2024, reporting an event that occurred on January 31, 2024, related to the submission of matters to a vote of security holders. This filing indicates that the company is engaging its shareholders on important decisions, which could impact the company's future direction or capital structure. For investors, this matters because shareholder votes often concern significant corporate actions like stock authorizations or mergers, which can directly affect share value and ownership dilution.
Why It Matters
This filing signals that iQSTEL Inc. is preparing for or has recently held a shareholder vote on key corporate matters, which could influence the company's strategic path and financial health. The outcome of such votes can directly impact the value and future prospects of the stock.
Risk Assessment
Risk Level: medium — The filing itself is administrative, but the underlying shareholder vote could involve high-risk proposals like reverse stock splits or significant share issuances, which carry inherent risks for investors.
Analyst Insight
A smart investor would monitor iQSTEL Inc.'s subsequent filings, such as proxy statements (DEF 14A), to understand the specific matters submitted for a security holder vote and assess their potential impact on the company's stock and future operations.
Key Players & Entities
- iQSTEL Inc. (company) — the registrant filing the 8-K
- January 31, 2024 (date) — date of the earliest event reported
- February 5, 2024 (date) — date the 8-K was filed
- Nevada (company) — state of incorporation for iQSTEL Inc.
- 000-55984 (company) — Commission File Number for iQSTEL Inc.
- 45-2808620 (company) — I.R.S. Employer Identification No. for iQSTEL Inc.
- 300 Aragon Avenue, Suite 375, Coral Gables, FL 33134 (company) — principal executive offices address for iQSTEL Inc.
- (954) 951-8191 (company) — telephone number for iQSTEL Inc.
FAQ
What was the earliest event reported in this 8-K filing by iQSTEL Inc.?
The earliest event reported in this 8-K filing by iQSTEL Inc. occurred on January 31, 2024, and pertains to the 'Submission of Matters to a Vote of Security Holders'.
When was this 8-K filing submitted to the SEC?
This 8-K filing was submitted to the SEC on February 5, 2024, as indicated by the 'FILED AS OF DATE' and 'ACCESSION NUMBER' information.
What is iQSTEL Inc.'s state of incorporation and Commission File Number?
iQSTEL Inc. is incorporated in Nevada and its Commission File Number is 000-55984.
What is the primary business address and phone number for iQSTEL Inc.?
The primary business address for iQSTEL Inc. is 300 Aragon Avenue, Suite 375, Coral Gables, FL 33134, and its telephone number is (954) 951-8191.
Has iQSTEL Inc. operated under different names in the past?
Yes, iQSTEL Inc. has operated under several former names, including PURESNAX INTERNATIONAL, INC. (changed 20151124), PURE SNAX INTERNATIONAL, INC. (changed 20150813), and B-MAVEN, INC. (changed 20110810).
Filing Stats: 529 words · 2 min read · ~2 pages · Grade level 12.4 · Accepted 2024-02-05 12:28:56
Filing Documents
- iqst8k013124.htm (8-K) — 30KB
- 0001663577-24-000031.txt ( ) — 193KB
- iqst-20240131.xsd (EX-101.SCH) — 3KB
- iqst-20240131_lab.xml (EX-101.LAB) — 33KB
- iqst-20240131_pre.xml (EX-101.PRE) — 22KB
- iqst8k013124_htm.xml (XML) — 3KB
07 Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders. On January 31, 2024, we held our 2023 Annual Meeting of the shareholders, at which the shareholders voted on the matters disclosed in our definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on December 28, 2023. The final voting results for the matters submitted to a vote of the shareholders were as follows: Proposal No. 1 - Election of Directors Our shareholders elected the persons listed below for a one-year term expiring at our 2024 Annual Meeting or until their respective successors are duly elected and qualified: FOR AGAINST ABSTAIN Leandro Jose Iglesias 203,877,989 0 1,200,722 Alvaro Quintana Cardona 203,968,505 0 1,110,206 Italo Segnini 203,929,995 0 1,148,716 Jose Antonio Barreto 203,927,409 0 1,151,302 Raul Perez 203,977,425 0 1,101,286 Proposal No. 2 – Ratification of Independent Registered Public Accounting Firm Our shareholders ratified the appointment of Urish Popeck & Co., LLC as the Company's independent registered public accounting firm for fiscal 2023. FOR AGAINST ABSTAIN 262,365,305 1,541,224 1,366,630 We have received votes amounting to over 51% of the shareholders and sufficient to pass both proposals. 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. iQSTEL Inc. /s/ Leandro Iglesias Leandro Iglesias Chief Executive Officer Date February 5, 2024 3