iQSTEL Inc 10-K

Item 5. Market for Registrant’s Common Equity and Related Stockholder Matters and Issuer Purchases of Equity Securities Market Information Our common stock is listed on The Nasdaq Capital Market under the symbol “IQST”, where it has traded since May 14, 2025. Prior to that date, our common stock was quoted on the OTCQX marketplace. The Company did not repurchase any shares of its common stock during the fiscal year ended December 31, 2025. The following table sets forth the high and low sales prices per share of our common stock for the periods indicated. These prices reflect inter-dealer prices, without retail mark-up, markdown or commission, and may not necessarily represent actual transactions. Fiscal Year Ending December 31, 2025 Quarter Ended High $ Low $ December 31, 2025 3.050 2.840 September 30, 2025 6.850 6.200 June 30, 2025 9.825 9.550 March 31, 2025 12.000 11.760 Fiscal Year Ending December 31, 2024 Quarter Ended High $ Low $ December 31, 2024 24.752 21.200 September 30, 2024 14.320 13.040 June 30, 2024 22.624 19.760 March 31, 2024 31.600 28.000 On March 31, 2026, the last sales price per share of our common stock was $1.59. Holders of Our Common Stock As of March 31, 2026, we had 5,070,743 shares of our common stock issued and outstanding, held by approximately 82 stockholders of record at our transfer agent, with additional stockholders holding our shares in street name. Dividends We currently intend to retain future earnings for the operation of our business. We have never declared or paid cash dividends on our common stock, and we do not anticipate paying any cash dividends in the foreseeable future. In the event that a dividend is declared, common stockholders on the record date are entitled to share ratably in any dividends that may be declared from time to time on the common stock by our board of directors from funds legally available. 29 Table of Contents There are no restrictions in our articles of incorporation or bylaws that restrict us from declaring dividends. The Nevada Revised Statutes, however, do prohibit us from declaring dividends where, after giving effect to the distribution of the dividend: 1. We would not be able to pay our debts as they become due in the usual course of business; or 2. Our total assets would be less than the sum of our total liabilities, plus the amount that would be needed to satisfy the rights of stockholders who have preferential rights superior to those receiving the distribution. Securities Authorized for Issuance under Equity Compensation Plans We do not have an equity compensation plan. Recent Sales of Unregistered Securities During the year ended December 31, 2025, the Company issued 2,130,808 shares of common stock valued at fair market value on issuance as follows: • 475,125 shares for conversion of Series D Preferred Stock; • 7,500 shares for compensation to our directors valued at $81,813; • 1,271,720 shares for conversion of debt of $5,640,893; • 264,980 shares for settlement of debt of $1,886,658; • 32,400 shares for service valued at $223,200; • 3,563 shares for common stock payable value at $82,194; • 75,529 shares for stock dividend valued at $500,000; • (9) shares for reverse stock split adjustment. These securities were issued pursuant to Section 4(2) of the Securities Act and/or Rule 506 promulgated thereunder. The holders represented their intention to acquire the securities for investment only and not with a view towards distribution. The investors were given adequate information about us to make an informed investment decision. We did not engage in any general solicitation or advertising. We directed our transfer agent to issue the stock certificates with the appropriate restrictive legend affixed to the restricted stock. Item 6. [Reserved]