iQSTEL Inc 8-K

What Happened
iQSTEL Inc. (IQST) filed an 8‑K on June 25, 2026 reporting that it has entered into a Binding Memorandum of Understanding to acquire a 51% controlling interest in ULTRANET Telecom Group. The company published a Letter to Shareholders describing the proposed transaction, expected financial and strategic impacts, and its digital services strategy. A press release and the full Letter to Shareholders were attached to the filing as Exhibits 99.1 and 99.2.

Key Details

• Date filed: June 25, 2026 (Form 8‑K, Item 8.01).
• Transaction: Binding MOU to acquire a 51% controlling interest in ULTRANET Telecom Group.
• Documentation: Press release (Exhibit 99.1) and Letter to Shareholders (Exhibit 99.2) accompany the filing.
• The Letter outlines expected financial and strategic impacts and iQSTEL’s digital services strategy (no purchase price or closing date disclosed in the 8‑K).

Why It Matters
This proposed acquisition, if completed, would give iQSTEL a majority stake in ULTRANET, potentially expanding its telecom and digital services footprint. For investors, the filing signals a strategic move to grow through acquisition, but it is still a proposed transaction announced via an MOU—review the attached Letter to Shareholders (Exhibit 99.2) for details and any conditions, and watch for further filings that disclose definitive agreements, financial terms, or closing conditions.