Iqstel files preliminary information statement draft on Nasdaq-related share issuance approvals

iQSTEL, Inc.

iQSTEL, Inc.

IQST

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  • Iqstel shareholders authorized issuances above 19.99% of outstanding common stock tied to a USD 50 million M2B equity line.
  • Authorization also covers common stock issued on conversion or true-up adjustments under Series D Preferred Stock linked to ADI Funding arrangements.
  • Shareholders authorized employment agreement changes shifting annual equity incentives to up to 50000 Series B Preferred Shares per executive.
  • They also authorized FY-2025 long-term equity awards of 20000 Series B Preferred Shares to Leandro Jose Iglesias.
  • FY-2025 awards include 14000 Series B Preferred Shares to Álvaro Quintana Cardona.


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