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iQSTEL IQST

iQSTEL raises $3M in debt financing

Item 1.01 Enters material agreement, Item 2.03 Takes on debt, Item 3.02 Unregistered share sale

Form
8-K
Filed
Importance
Major
  1. Issued $3M in senior secured notes to M2B and ADI
  2. Each note has a max principal of $1.5M with 18% interest
  3. Warrants to purchase 420,000 shares issued to investors
  4. Proceeds to fund 51% acquisition of Ultranet Telecom

Written from the 8-K on EDGAR. Check the filing before you rely on it.

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