On June 2, 2025, iQSTEL Inc. issued 179,993 shares of common stock following a conversion of secured convertible promissory notes by the noteholder. The conversion was done at a rate of $4.20 per share, after a 1-for-80 reverse stock split. The shares were issued under an exemption from registration provided by Section 3(a)(9) of the Securities Act of 1933.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Iqstel Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001663577-25-000179), on June 03, 2025, and is solely responsible for the information contained therein.