iQSTEL Inc. has announced an update regarding its potential sale of a 75% equity interest in its subsidiary, itsBChain, LLC, to Accredited Solutions, Inc. The two companies had initially signed a non-binding memorandum of understanding (MOU) on March 10, 2025, outlining preliminary terms for the transaction. As of July 31, 2025, both parties have agreed to extend the MOU expiration date to September 30, 2025, as they continue to negotiate and work towards finalizing a definitive Purchase Agreement.
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: 0001663577-25-000249), on July 31, 2025, and is solely responsible for the information contained therein.