#USA #New York #NASDAQ #iQSTEL #Telecom

IQSTEL's Strategic Move to Uplist on NASDAQ

In a bold move, IQSTEL Inc. has declared its intent to uplist to the NASDAQ stock exchange, a decision that marks a significant milestone in its evolution as a leading telecommunications and technology firm. This move is accompanied by a reverse stock split executed at a ratio of 801, which is necessary to meet the stringent minimum share price requirements set by NASDAQ.

Background

Founded with a vision to provide innovative telecom solutions, IQSTEL has rapidly positioned itself as a formidable player in the global telecommunications market. With operations spanning across 21 countries, the company has managed to not only maintain but also increase its revenue streams significantly. In 2024, IQSTEL reported a staggering $283 million in revenue, showcasing a year-over-year growth rate of 96%. Yet, despite these impressive figures, their market capitalization on the OTC market has not accurately represented the company's true worth.

Why Uplist Now?

The management team at IQSTEL believes this uplisting is long overdue. Given the significant growth the company has experienced, staying on the OTC market may not reflect its actual market value. The perceived disconnect between their performance and valuation has prompted them to seek better recognition through a NASDAQ listing. Management highlights several reasons supporting this strategic decision:

• - Revenue Growth: The reported revenue growth positions IQSTEL at a staggering 96% increase year-over-year, yet its market capitalization is approximately 10% of this figure.
• - Strong Asset Base: With assets valued at $79 million, the true strength of the company's financial health is yet to be recognized in the current market.
• - Proven Profitability: IQSTEL's telecom division reports positive adjusted EBITDA and net income, underscoring the scalability of its business model.
• - Enhanced Visibility: A listing on NASDAQ will enhance the company's visibility to institutional investors and larger tech corporations, facilitating potential partnerships and opportunities for growth.

A Direct Listing with Benefits

IQSTEL emphasizes that this uplisting will not dilute shareholder value as they are not raising capital during this process. Their significant stakeholders have extended the maturity of their investments until Q1 2026, further establishing confidence in the company's long-term trajectory.

Reverse Stock Split Explained

The reverse stock split is a necessary technical step to ensure compliance with NASDAQ's pricing requirements. Executed at a ratio of 801, this measure will not affect the total value of existing investments but will align the share price to meet regulatory standards.

Looking Ahead

This uplisting signifies more than just compliance with stock exchange regulations; it paves the way for increased credibility and visibility, thereby providing the company with a platform to attract strategic mergers and acquisitions. IQSTEL aims to enhance its presence in the tech landscape, bridging relationships with institutional investors, while also reaching out to tech corporations that are keen on partnering with innovative service providers.

As IQSTEL prepares for its NASDAQ debut, the management remains optimistic about the myriad of possibilities that lie ahead, promising shareholders that the company's future has arrived, and the opportunities for growth are just beginning. IQSTEL is determined to become a major player in the telecom sector, promising to exceed the expectations set forth in their growth strategy and continue driving profitability and expansion into new markets.

In conclusion, the uplisting to NASDAQ represents not just a strategic financial decision for IQSTEL, but a transformative step towards unlocking the company's full potential. Enthusiastic anticipation surrounds this venture, as stakeholders and analysts speculate about the expansive growth opportunities an uplisted IQSTEL could achieve.