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Iqstel Inc (IQST)

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iQSTEL Secures $3M Through Senior Secured Notes to Finance Ultranet Acquisition
Oct 27, 2026

iQSTEL Secures $3M Through Senior Secured Notes to Finance Ultranet Acquisition

iQSTEL Inc. has secured up to $3 million through senior secured, non-convertible promissory notes from M2B Funding Corp. and ADI Funding LLC. This financing, formalized on October 20, 2026, includes pre-funded warrants for 420,000 common stock shares and will fund iQSTEL's acquisition of a 51% controlling stake in Ultranet Telecom Group. The company expects the Ultranet acquisition to help it become cash-flow positive on a consolidated basis.
Company relevance
100.00%
Company sentiment
Somewhat-Bullish
Overall sentiment
Somewhat-Bullish