iQSTEL Converts Notes to Stock, Reduces Debt

iQSTEL ( (IQST) ) has shared an announcement.

iQSTEL Inc. has converted a portion of its secured convertible promissory notes into common stock, following a reverse stock split on May 2, 2025. On June 4 and June 6, 2025, the company issued 286,640 shares of common stock at a conversion rate of $4.20 per share, reducing the principal and interest on the notes by $1,201,388.90. The remaining principal and interest of $2,879,151.00 are subject to further conversion, limited by a beneficial ownership cap of 9.99%. This move reflects iQSTEL’s strategic financial management and impacts its capital structure, potentially affecting shareholder value and market perception.

Spark’s Take on IQST Stock

According to Spark, TipRanks’ AI Analyst, IQST is a Neutral.

iQSTEL’s overall stock score is primarily influenced by its strong revenue growth and strategic corporate actions. However, significant challenges in profitability and cash flow management, alongside a negative valuation metric, weigh down the score. The mixed technical signals indicate potential for short-term gains, but longer-term prospects remain uncertain without tangible financial improvements.

To see Spark’s full report on IQST stock, click here.

More about iQSTEL

iQSTEL Inc. operates in the telecommunications and technology industry, providing a range of services and products including telecommunications infrastructure and technology solutions.

Average Trading Volume: 73,982

Technical Sentiment Signal: Sell

Current Market Cap: $34.08M

For a thorough assessment of IQST stock, go to TipRanks’ Stock Analysis page.