iQSTEL Inc. Files 8-K with Corporate Updates
Ticker: IQST · Form: 8-K · Filed: Oct 10, 2025 · CIK: 1527702
Sentiment: neutral
Topics: corporate-governance, financial-reporting, filing
TL;DR
iQSTEL filed an 8-K on Oct 10, 2025, with corporate and financial updates.
AI Summary
On October 10, 2025, iQSTEL Inc. filed an 8-K report detailing amendments to its Articles of Incorporation or Bylaws and filing financial statements and exhibits. The company, incorporated in Nevada with its fiscal year ending December 31, is involved in telephone communications.
Why It Matters
This filing indicates potential changes in iQSTEL's corporate structure or governance and provides updated financial information, which is crucial for investors to assess the company's current standing.
Risk Assessment
Risk Level: low — The filing is a routine corporate disclosure and does not appear to contain any immediately alarming information.
Key Players & Entities
- iQSTEL Inc. (company) — Registrant
- October 10, 2025 (date) — Date of Report
- Nevada (jurisdiction) — State of Incorporation
- December 31 (date) — Fiscal Year End
- 300 Aragon Avenue, Suite 375 (address) — Business Address
- Coral Gables (city) — Business Address City
FAQ
What specific amendments were made to iQSTEL Inc.'s Articles of Incorporation or Bylaws?
The filing indicates that amendments were made, but the specific details of these amendments are not provided in the summary information of the 8-K.
What type of financial statements and exhibits were filed?
The filing states that 'Financial Statements and Exhibits' were filed, but the specific nature or content of these documents is not detailed in the provided text.
When is iQSTEL Inc.'s fiscal year end?
iQSTEL Inc.'s fiscal year ends on December 31.
In which state is iQSTEL Inc. incorporated?
iQSTEL Inc. is incorporated in Nevada.
What is the business address of iQSTEL Inc.?
The business address of iQSTEL Inc. is 300 Aragon Avenue, Suite 375, Coral Gables, FL 33134.
Filing Stats: 834 words · 3 min read · ~3 pages · Grade level 12 · Accepted 2025-10-10 16:13:02
Key Financial Figures
- $1.00 — ted Conversion Price"), with a floor of $1.00 and a maximum True-Up Ratio of 2.5. Re
Filing Documents
- iqst8k101025.htm (8-K) — 28KB
- ex3_1.htm (EX-3.1) — 64KB
- 0001663577-25-000298.txt ( ) — 270KB
- iqst-20251010.xsd (EX-101.SCH) — 3KB
- iqst-20251010_lab.xml (EX-101.LAB) — 33KB
- iqst-20251010_pre.xml (EX-101.PRE) — 22KB
- iqst8k101025_htm.xml (XML) — 4KB
03 Amendments to Articles of Incorporation or Bylaws; Change
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. On October 10, 2025, iQSTEL Inc. (the "Company") filed a Second 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, and first amended on July 7, 2025. The Second Amended and Restated Certificate of Designation maintains the number of authorized shares at 100,000 and revises the terms by introducing a True-Up Adjustment mechanism to the conversion rate, as described below. The amended terms include the following key provisions: Dividend Rights: 12% cumulative dividend, payable as, when, and if declared by the Board of Directors, calculated on a 360-day year, accruing from the date of issuance and ceasing the day prior to conversion, with pro rata dividends for partial-year holdings. Conversion Rights: Following three months from the issuance date, the Series D Preferred Stock is convertible into common stock at a rate of 12.5 shares of common stock per share (the "Base Shares"), subject to adjustment for stock splits, dividends, or reorganizations. Additionally, a True-Up Adjustment mechanism applies, whereby the conversion may include additional shares based on a comparison of the original conversion price (based on the 10-day VWAP with a 20% discount at the time of issuance) to the lowest daily VWAP during the five trading days preceding the conversion date with a further 20% discount applied to such lowest daily VWAP (the "Adjusted Conversion Price"), with a floor of $1.00 and a maximum True-Up Ratio of 2.5. Redemption Provisions: Optional redemption by the Company at 105% of the price paid by the holder, upon not more than three trading days' notice. Liquidation Preference: Senior to common stock, Series A Preferred Stock, and Series C Preferred Stock, and on parity wi
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 3.1 Second Amended and Restated Certificate of Designation for the Series D Preferred Stock, dated October 10, 2025 104.1 Cover Page Interactive Data File (embedded within the inline XBRL document). 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: October 10, 2025 3