Quetta Acquisition Corp 8-K

What Happened Quetta Acquisition Corp (QETA) announced in an 8-K filed May 8, 2026 that on April 30, 2026 it entered into a Release and Discharge of Promissory Notes with KM Quad. Under the Release, KM Quad irrevocably released, canceled and discharged the Company from all obligations under three promissory notes totaling $1,040,000. The Release supplements a Termination Agreement the parties entered on January 15, 2026.

Key Details

• Release date: April 30, 2026; 8-K filing date: May 8, 2026.
• Three promissory notes discharged, totaling $1,040,000:
  • $500,000 note dated November 4, 2024
  • $250,000 note dated February 14, 2025
  • $290,000 note dated April 20, 2025
• KM Quad confirmed no amounts remain due or payable under the notes, including principal, interest, fees or other amounts.
• The Release is filed as Exhibit 10.1 to the Form 8-K.

Why It Matters The company states it no longer has any obligations outstanding under these promissory notes to KM Quad, effectively removing $1.04 million of previously recorded note obligations referenced in the filing. Retail investors should watch Quetta’s upcoming financial statements and disclosures for how this release is reflected in its liabilities and for any related-party context or accounting impact.