8-K: iQSTEL Extends MOU for 75% itsBChain Sale to September 2025

iQSTEL Inc. has extended the non-binding memorandum of understanding with Accredited Solutions, Inc. for the potential sale of its 75% equity interest in itsBChain, LLC until September 30, 2025.

Summary

• iQSTEL Inc. previously signed a non-binding memorandum of understanding (MOU) with Accredited Solutions, Inc. (ASII) on March 10, 2025.
• The MOU outlines preliminary terms for the potential sale of iQSTEL's 75% equity interest in itsBChain, LLC (the Subsidiary) to ASII.
• The potential sale is contingent upon the negotiation and execution of a definitive Purchase Agreement.
• On July 31, 2025, the parties mutually agreed to extend the MOU expiration date to September 30, 2025.

Sentiment

Score: 4

Explanation: The extension of a non-binding MOU for a potential asset sale introduces uncertainty and a delay, which is generally viewed negatively. However, the deal is still alive, preventing a lower score.

Positives

• The potential sale of the 75% equity interest in itsBChain, LLC remains active, indicating continued interest from Accredited Solutions, Inc.
• The extension provides additional time for both parties to negotiate and finalize a definitive Purchase Agreement.

Negatives

• The extension of the MOU expiration date indicates a delay in finalizing the potential sale of itsBChain, LLC.
• The memorandum of understanding remains non-binding, meaning there is no guarantee that a definitive Purchase Agreement will be executed.

Risks

• The memorandum of understanding is non-binding, and there is no assurance that a definitive Purchase Agreement will be successfully negotiated or executed.
• Failure to finalize the sale could impact the company's strategic plans or financial outlook related to itsBChain, LLC.

Future Outlook

The extension of the MOU indicates that iQSTEL and Accredited Solutions, Inc. intend to continue negotiations towards a definitive Purchase Agreement for the sale of the 75% equity interest in itsBChain, LLC.

Management Comments

• iQSTEL Inc. signed a non-binding memorandum of understanding (MOU) with Accredited Solutions, Inc. (ASII) to set forth the preliminary terms and mutual understanding between the parties regarding the Company's potential sale of its 75% equity interest in itsBChain, LLC (the Subsidiary) to ASII, subject to the negotiation and execution of a definitive Purchase Agreement.
• On July 31, 2025, the parties agreed to extend the MOU expiration date to September 30, 2025.

Industry Context

This filing pertains to a specific asset divestiture, which could be part of a broader strategy to streamline operations or focus on core competencies within the telecommunications or technology sectors. Without more details on itsBChain's specific business or iQSTEL's overall strategy, a deeper industry context is not possible from this filing alone.

Stakeholder Impact

• Shareholders may experience uncertainty regarding the timing and completion of the potential asset sale, which could impact share price.

Next Steps

• Negotiation and execution of a definitive Purchase Agreement between iQSTEL Inc. and Accredited Solutions, Inc.

Key Dates

Recommendation

The filing indicates a delay in a potential asset sale, which introduces uncertainty but does not negate the possibility of the transaction. Given the non-binding nature of the MOU and the extended timeline, a 'hold' recommendation is appropriate as investors await further developments on the definitive agreement.

Keywords

iQSTEL Inc., ASII, Accredited Solutions Inc., itsBChain LLC, MOU extension, equity sale, subsidiary divestiture, telecommunications, blockchain