IPO - iQSTEL Inc

Form Type: RW

Filing Date: 2025-04-15

Corporate Action: Ipo

Type: Withdrawal

Accession Number: 000166357725000112

Filing Summary: iQSTEL Inc. has requested the Securities and Exchange Commission to withdraw its Registration Statement filed confidentially on Form S-1 on December 23, 2024. The company decided against utilizing the Registration Statement for an initial public offering due to prevailing market conditions, believing that this withdrawal aligns with public interest and investor protection. The Registration Statement has not been declared effective, and no securities will be sold pursuant to it. The company also asked for the filing fee associated with the Registration Statement to be credited for future use. This action confirms the company’s intentions regarding their public offering plans and addresses the regulatory requirements for withdrawal.

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Form Type: S-1/A

Filing Date: 2025-04-02

Corporate Action: Ipo

Type: Update

Accession Number: 000166357725000092

Filing Summary: On April 2, 2025, iQSTEL Inc. filed an Amendment No. 1 to its S-1 registration statement. This amendment was primarily made to include updated financials and other relevant information. The company, based in Nevada, identifies itself as a technology firm operating across multiple sectors including telecommunications, electric vehicles, fintech, and the AI-enhanced metaverse. It has a diverse business strategy targeting high-growth markets in over 20 countries. The document reveals that they are looking to market approximately 15,000,000 shares of common stock, which are available through a purchase option. Proceeds from the potential sale will contribute to working capital. Notably, iQSTEL is categorized as a smaller reporting company and is leveraging its financial positions towards future growth. There are details about their subsidiaries and current service offerings, emphasizing the technological innovations and strategic partnerships that enhance their market position. The last reported price of their common stock was $0.15 per share as of March 31, 2025, indicating active trading on the OTCQX Market under the symbol 'IQST'.

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Form Type: S-1

Filing Date: 2025-01-17

Corporate Action: Ipo

Type: New

Accession Number: 000166357725000029

Filing Summary: iQSTEL Inc. filed a registration statement to offer up to 15,000,000 shares of common stock. This offering is being made on behalf of a selling shareholder and aims to generate cash for working capital. The company operates in various technology sectors including telecommunications, electric vehicles, fintech, and an AI-enhanced metaverse. The common stock is quoted on the OTCQX Market under the symbol 'IQST', and as of January 15, 2025, the share price was reported at $0.198. This filing is part of ongoing efforts to expand and capture growth opportunities through various business segments, with the telecom division currently generating 100% of revenue. The document includes pertinent information for potential investors to assess risks and business prospects, alongside detailed descriptions of the company's operational framework and subsidiaries involved in diverse technological initiatives.

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