IQST - iQSTEL Announces Strategic Sale of itsBChain Subsidiary, Plans to Distribute Stock Dividend to Shareholders as Part of Nasdaq Uplisting Strategy
iQSTEL (OTCQX: IQST) has announced the signing of an MOU to sell its 75% stake in itsBchain to Accredited Solutions (OTC: ASII) for $1 million. The transaction structure includes $500,000 in ASII preferred shares and $500,000 in ASII common shares.
The deal represents a profitable exit from a pre-revenue subsidiary, with the sale price exceeding iQSTEL's total investment. As part of the agreement, iQSTEL will retain a 1% lifetime royalty on itsBchain's total sales and plans to distribute ASII common shares to IQST shareholders as a dividend.
The definitive Purchase Agreement is expected to be executed by July 1, 2025, with a $250,000 penalty clause ensuring ASII's commitment. This strategic move allows iQSTEL to focus on its core business areas: Telecom, Fintech, AI, and Cybersecurity, while supporting its goal of transitioning to a major national exchange.
iQSTEL (OTCQX: IQST) ha annunciato la firma di un MOU per vendere la sua partecipazione del 75% in itsBchain a Accredited Solutions (OTC: ASII) per 1 milione di dollari. La struttura della transazione prevede 500.000 dollari in azioni privilegiate ASII e 500.000 dollari in azioni ordinarie ASII.
Questo accordo rappresenta un'uscita redditizia da una sussidiaria pre-entrate, con il prezzo di vendita che supera il totale degli investimenti di iQSTEL. Come parte dell'accordo, iQSTEL manterrà una royalty del 1% sulle vendite totali di itsBchain a vita e prevede di distribuire azioni ordinarie ASII agli azionisti IQST come dividendo.
Il contratto di acquisto definitivo dovrebbe essere eseguito entro il 1 luglio 2025, con una clausola penale di 250.000 dollari che garantisce l'impegno di ASII. Questa mossa strategica consente a iQSTEL di concentrarsi sulle sue aree di business principali: Telecomunicazioni, Fintech, Intelligenza Artificiale e Cybersecurity, supportando il suo obiettivo di passare a una grande borsa nazionale.
iQSTEL (OTCQX: IQST) ha anunciado la firma de un MOU para vender su participación del 75% en itsBchain a Accredited Solutions (OTC: ASII) por 1 millón de dólares. La estructura de la transacción incluye 500,000 dólares en acciones preferentes de ASII y 500,000 dólares en acciones ordinarias de ASII.
Este acuerdo representa una salida rentable de una subsidiaria sin ingresos, con el precio de venta superando la inversión total de iQSTEL. Como parte del acuerdo, iQSTEL retendrá un 1% de regalías de por vida sobre las ventas totales de itsBchain y planea distribuir acciones ordinarias de ASII a los accionistas de IQST como dividendo.
Se espera que el contrato de compra definitivo se ejecute antes del 1 de julio de 2025, con una cláusula penal de 250,000 dólares que asegura el compromiso de ASII. Este movimiento estratégico permite a iQSTEL centrarse en sus áreas de negocio principales: Telecomunicaciones, Fintech, IA y Ciberseguridad, apoyando su objetivo de transitar hacia una gran bolsa nacional.
iQSTEL (OTCQX: IQST)는 Accredited Solutions (OTC: ASII)에 itsBchain의 75% 지분을 100만 달러에 판매하기 위한 MOU 체결을 발표했습니다. 거래 구조에는 ASII 우선주 50만 달러와 ASII 보통주 50만 달러가 포함됩니다.
이번 거래는 수익이 없는 자회사를 위한 수익성 있는 출구를 나타내며, 판매 가격은 iQSTEL의 총 투자액을 초과합니다. 계약의 일환으로 iQSTEL은 itsBchain의 총 매출에 대해 평생 1%의 로열티를 유지하며, IQST 주주에게 ASII 보통주를 배당금으로 분배할 계획입니다.
최종 구매 계약은 2025년 7월 1일까지 체결될 예정이며, ASII의 약속을 보장하는 25만 달러의 위약금 조항이 포함되어 있습니다. 이 전략적 조치는 iQSTEL이 핵심 사업 분야인 통신, 핀테크, 인공지능 및 사이버 보안에 집중할 수 있게 하며, 주요 국가 거래소로의 전환 목표를 지원합니다.
iQSTEL (OTCQX: IQST) a annoncé la signature d'un MOU pour vendre sa participation de 75 % dans itsBchain à Accredited Solutions (OTC: ASII) pour 1 million de dollars. La structure de la transaction comprend 500 000 dollars en actions privilégiées ASII et 500 000 dollars en actions ordinaires ASII.
Ce contrat représente une sortie rentable d'une filiale sans revenus, avec un prix de vente dépassant l'investissement total d'iQSTEL. Dans le cadre de l'accord, iQSTEL conservera un droit de redevance à vie de 1 % sur les ventes totales de itsBchain et prévoit de distribuer des actions ordinaires ASII aux actionnaires d'IQST sous forme de dividende.
Le contrat d'achat définitif devrait être exécuté d'ici le 1er juillet 2025, avec une clause pénale de 250 000 dollars garantissant l'engagement d'ASII. Ce mouvement stratégique permet à iQSTEL de se concentrer sur ses domaines d'activité principaux : Télécommunications, Fintech, IA et Cybersécurité, tout en soutenant son objectif de transition vers une grande bourse nationale.
iQSTEL (OTCQX: IQST) hat die Unterzeichnung eines MOU bekannt gegeben, um seinen 75% Anteil an itsBchain für 1 Million Dollar an Accredited Solutions (OTC: ASII) zu verkaufen. Die Transaktionsstruktur umfasst 500.000 Dollar in ASII-Vorzugsaktien und 500.000 Dollar in ASII-Stammaktien.
Der Deal stellt einen profitablen Ausstieg aus einer verlustbringenden Tochtergesellschaft dar, wobei der Verkaufspreis die Gesamtinvestition von iQSTEL übersteigt. Im Rahmen der Vereinbarung behält iQSTEL eine lebenslange Lizenzgebühr von 1% auf den Gesamtumsatz von itsBchain und plant, ASII-Stammaktien als Dividende an die IQST-Aktionäre zu verteilen.
Der endgültige Kaufvertrag soll bis zum 1. Juli 2025 abgeschlossen werden, mit einer Vertragsstrafe von 250.000 Dollar, die das Engagement von ASII sichert. Dieser strategische Schritt ermöglicht es iQSTEL, sich auf seine Kernbereiche Telekommunikation, Fintech, KI und Cybersicherheit zu konzentrieren und unterstützt das Ziel, an eine große nationale Börse zu wechseln.
- Sale price of $1M exceeds total investment in pre-revenue subsidiary
- Shareholders to receive stock dividend in ASII common shares
- 1% lifetime royalty retained on itsBchain's total sales
- Strategic focus on high-margin core businesses
- Deal includes $250,000 penalty clause ensuring buyer commitment
- Divesting blockchain subsidiary before generating revenue
- Half of sale proceeds in preferred shares may limit immediate liquidity
- Transaction completion dependent on due diligence and definitive agreement
A Beneficial Transaction for iQSTEL
iQSTEL has strategically monetized itsBChain, a pre-revenue subsidiary, selling its
The
$500,000 $500,000
Shareholders to Receive ASII Common Shares as a Dividend
As part of its strategy to maximize shareholder value, iQSTEL plans to distribute the common stock in ASII to its shareholders as a dividend. The Company believes this decision not only rewards current investors but also aligns with iQSTEL's broader efforts to enhance shareholder participation and liquidity.
"This transaction marks a key milestone in our strategic roadmap," said Leandro Iglesias, President & CEO of iQSTEL. "We are profitably monetizing a non-core subsidiary, strengthening our balance sheet, and simultaneously rewarding our shareholders by distributing a significant portion of the proceeds."
Strengthening iQSTEL's Core Business
This transaction allows iQSTEL to streamline its portfolio and focus on Telecom, Fintech, AI, and Cybersecurity—the company's core high-margin business areas. Additionally, iQSTEL will retain a
The company is actively pursuing potential acquisitions, strategic partnerships, and corporate realignments to strengthen its valuation and market positioning, ensuring a successful transition to a major national exchange this year.
Next Steps
The definitive Purchase Agreement is expected to be executed no later than July 1, 2025. The agreement includes a
Both of iQSTEL and ASII plan to issue official press releases to keep shareholders informed of further developments.
This press release does not constitute a public offer of any securities for sale.
About Accredited Solutions, Inc. (ASII)
Accredited Solutions, Inc. (ASII) is a technology-driven company focused on strategic investments in fintech, blockchain, and digital assets. The acquisition of itsBChain aligns with ASII's expansion strategy in the blockchain and digital finance sectors.
About iQSTEL Inc.
iQSTEL Inc. (OTCQX: IQST) is a multinational technology company offering cutting-edge solutions in Telecom, Fintech, Blockchain, Artificial Intelligence (AI), and Cybersecurity. Operating in 20 countries, iQSTEL delivers high-value, high-margin services to its extensive global customer base. iQSTEL projects
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For more information, please visit www.iQSTEL.com.
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SOURCE iQSTEL
FAQ
What is the value of iQSTEL's sale of itsBchain to Accredited Solutions?
When will IQST shareholders receive the ASII stock dividend?
What percentage royalty will IQST retain from itsBchain's future sales?
How does the itsBchain sale align with IQST's strategic goals?
What safeguards are in place to ensure the IQST-ASII deal completion?
