iQSTEL Inc. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K covers the 2024 Annual Meeting of Shareholders held by iQSTEL Inc. on January 31, 2025. The filing reports the final voting results for matters previously disclosed in the definitive Proxy Statement filed on December 27, 2024.
Key Financial Metrics
This filing is a corporate governance report and does not provide financial data such as revenue, profit, cash flow, margins, debt, or liquidity metrics. No financial statements are included in this document.
Material Changes and Voting Results
Shareholders voted on two primary proposals. Both proposals received sufficient votes to pass, with over 51% of shareholder votes cast in favor.
Proposal No. 1: Election of Directors
Five directors were elected for a one-year term expiring at the 2025 Annual Meeting. No votes were cast against any candidate.
| Director | For | Against | Abstain |
|---|---|---|---|
| Leandro Jose Iglesias | 240,535,472 | 0 | 1,775,405 |
| Alvaro Quintana Cardona | 240,543,441 | 0 | 1,767,436 |
| Italo Segnini | 237,857,350 | 0 | 4,453,527 |
| Jose Antonio Barreto | 237,853,805 | 0 | 4,457,072 |
| Raul Perez | 237,829,978 | 0 | 4,480,899 |
Proposal No. 2: Ratification of Independent Auditor
Shareholders ratified the appointment of Urish Popeck & Co., LLC as the independent registered public accounting firm for fiscal 2024.
| Vote Type | Count |
|---|---|
| For | 310,159,915 |
| Against | 661,341 |
| Abstain | 2,521,111 |
Guidance, Outlook, and Other Events
The filing notes that a slideshow presentation was used during the annual meeting. A copy of this presentation is attached as Exhibit 99.1. The registrant explicitly states that the information in Item 8.01 and Exhibit 99.1 is not deemed "filed" for purposes of Section 18 of the Exchange Act and is not subject to the liabilities of that section.
Investor Verification Checklist
- Verify the definitive Proxy Statement (Schedule 14A) filed on December 27, 2024, for detailed background on the director nominees and auditor selection.
- Review the attached Exhibit 99.1 (Shareholder Meeting Presentation) for management commentary, noting it is not legally "filed" under the Exchange Act.
- Consult the company's most recent 10-K or 10-Q filings for actual financial performance data, as this 8-K contains no financial metrics.
- Confirm the term expiration dates for the newly elected directors (2025 Annual Meeting).