Quality Industrial Corp. Withdraws Series A Preferred Stock Designation

What Happened Quality Industrial Corp. announced that on September 11, 2026 it filed a Certificate of Withdrawal with the Nevada Secretary of State to withdraw the Certificate of Designation that had created its Series A Preferred Stock (originally filed April 4, 2018). The board of directors authorized the withdrawal. No shares of Series A Preferred Stock were outstanding at the time of the withdrawal.

Key Details

• Certificate of Withdrawal filed with Nevada Secretary of State on September 11, 2026.
• Original Certificate of Designation for Series A Preferred Stock was filed April 4, 2018.
• No Series A Preferred shares outstanding when withdrawn.
• Previously designated Series A shares are now authorized but undesignated preferred shares; the full withdrawal text is filed as Exhibit 3.1 to the 8-K.

Why It Matters This action removes the Series A designation from the company’s charter, simplifying the stated capital structure by converting those previously designated shares to undesignated preferred stock. Because no Series A shares were outstanding, there is no immediate change to shareholder ownership or cash flows. Investors should note the company retains the authorized preferred shares (now undesignated), which could be re-designated in the future if the board chooses to do so.