8-K: iQSTEL Inc. to Begin Trading on NASDAQ Capital Market Under Ticker IQST

iQSTEL Inc. announces its common stock will commence trading on The NASDAQ Capital Market on May 14, 2025, under the ticker symbol IQST.

Summary

• iQSTEL Inc. (IQST) announced that its common stock has been approved for listing on The NASDAQ Capital Market.
• Trading on NASDAQ is expected to begin on May 14, 2025, under the ticker symbol IQST.
• The company's stock will continue to trade on the OTCQX until the NASDAQ trading commences.
• iQSTEL views this NASDAQ listing as a significant milestone, transitioning from a telecom operator to a high-tech global enterprise.
• The company's CEO, Leandro Iglesias, expressed pride in entering the NASDAQ national exchange.
• IQSTEL's journey began in June 2018 on the OTC Markets with $13.8 million in revenue.
• The company aims to reach $1 billion in annual revenue by 2027.
• The NASDAQ listing is expected to enhance investor visibility, access to institutional capital, and align the company's valuation with peers.
• IQSTEL projects $340 million in revenue for FY-2025.
• IQSTEL operates in 21 countries, offering solutions in Telecom, High Tech Telecom Services, Fintech, AI Services, and Cybersecurity.

Sentiment

Score: 8

Explanation: The document conveys a positive sentiment due to the NASDAQ listing announcement and the company's growth prospects. The CEO's comments are optimistic, and the company's revenue targets are ambitious.

Positives

• Listing on NASDAQ is expected to increase investor visibility and access to institutional capital.
• The company's transition to NASDAQ is seen as a validation of its growth and performance.
• iQSTEL's revenue has grown significantly since 2018, with ambitious targets for future growth.
• The company operates in diverse and growing sectors, including Telecom, Fintech, AI, and Cybersecurity.

Risks

• The press release includes a safe harbor statement, indicating that forward-looking statements are subject to risks and uncertainties.
• The company's ability to achieve its revenue targets and growth plans is subject to various factors, including market conditions and competition.

Future Outlook

IQSTEL aims to reach $1 billion in annual revenue by 2027 and expects the NASDAQ listing to catalyze its growth trajectory, aligning its valuation with peers and enhancing its ability to attract long-term investors and execute strategic acquisitions.

Management Comments

• Leandro Iglesias, CEO of IQSTEL, stated, 'We are very proud to be entering the NASDAQ national exchange.'
• Leandro Iglesias, CEO of IQSTEL, stated, 'This uplisting is the result of years of hard work, discipline, and a long-term vision shared by our shareholders, investors, executives, employees, partners, customers, and vendorsmany of whom have supported us since our beginning in June 2018 on the OTC Markets.'
• Leandro Iglesias, CEO of IQSTEL, stated, 'Tomorrows NASDAQ listing is not just a culmination of that successit represents a new beginning, placing IQSTEL on a globally recognized stage with enhanced investor visibility and access to institutional capital.'

Industry Context

The move to NASDAQ aligns iQSTEL with other technology companies seeking greater visibility and access to capital markets. The company's focus on Telecom, Fintech, AI, and Cybersecurity positions it in high-growth sectors.

Comparison to Industry Standards

• Comparing iQSTEL's projected $340 million revenue for FY-2025 to other companies in similar sectors, such as unified communications or fintech startups, would provide a benchmark for its growth rate.
• For example, companies like RingCentral or Twilio in the communications space, or Block or PayPal in the fintech space, could be used for comparison.
• However, a direct comparison is difficult without knowing iQSTEL's specific market segments and competitive landscape within each of its business lines (Telecom, Fintech, AI, Cybersecurity).

Stakeholder Impact

• Shareholders are expected to benefit from increased stock visibility and potential valuation increase.
• Employees may experience increased opportunities and growth within the company.
• Customers can expect continued innovation and service improvements.
• Suppliers and vendors may see increased business opportunities with iQSTEL.

Next Steps

• Commencement of trading on The NASDAQ Capital Market on May 14, 2025.
• Continued execution of the company's growth strategy to reach $1 billion in annual revenue by 2027.

Key Dates

Keywords

NASDAQ, IQSTEL, IQST, Uplisting, Technology, Telecom, Fintech, AI, Cybersecurity