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iQSTEL Converts Promissory Notes into Common Stock

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iQSTEL Converts Promissory Notes into Common Stock

Confident Investing Starts Here:

An update from iQSTEL ( (IQST) ) is now available.

On June 2, 2025, iQSTEL Inc. converted two secured convertible promissory notes into 179,993 shares of common stock at a rate of $4.20 per share following a 1-for-80 reverse stock split on May 2, 2025. This conversion was executed under an exemption from registration, potentially impacting the company’s stock structure and shareholder value.

Spark’s Take on IQST Stock

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

iQSTEL’s score reflects strong revenue growth and positive corporate events, but is tempered by profitability challenges and valuation concerns. The technical analysis is moderately positive, supporting a slightly favorable outlook. However, the negative P/E ratio and cash flow issues highlight risks that need addressing for long-term success.

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

More about iQSTEL

Average Trading Volume: 49,076

Technical Sentiment Signal: Hold

Current Market Cap: $38.56M

Learn more about IQST stock on TipRanks’ Stock Analysis page.

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