IQST - IQSTD - IQSTEL to Begin Trading Tomorrow on NASDAQ Capital Market Under Ticker: IQST
Rhea-AI Summary
IQSTEL Inc. (IQST) has announced its uplisting from OTCQX to the NASDAQ Capital Market, with trading set to commence on May 14th, 2025, under the ticker symbol IQST. The company has evolved from a telecom operator to a global technology enterprise since its 2018 inception, growing from initial revenue of $13.8 million to setting an ambitious target of $1 billion in annual revenue by 2027.
This NASDAQ uplisting represents a strategic milestone that aims to enhance investor visibility, provide access to institutional capital, and facilitate the company's growth trajectory through improved valuation alignment with peers and increased capability for strategic acquisitions.
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News Market Reaction
On the day this news was published, IQST gained 30.49%, reflecting a significant positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
"We are very proud to be entering the NASDAQ national exchange," said Leandro Iglesias, CEO of IQSTEL. "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 vendors—many of whom have supported us since our beginning in June 2018 on the OTC Markets."
IQSTEL's capital markets journey began with
Tomorrow's NASDAQ listing is not just a culmination of that success—it represents a new beginning, placing IQSTEL on a globally recognized stage with enhanced investor visibility and access to institutional capital.
The move to NASDAQ is expected to catalyze the Company's growth trajectory, aligning its valuation with peers and enhancing its ability to attract long-term investors, execute strategic acquisitions, and drive value creation as it advances toward its goals.
About IQSTEL Inc.
IQSTEL Inc. (NASDAQ: IQST) is a multinational technology company offering cutting-edge solutions in Telecom, High Tech Telecom Services, Fintech, Artificial Intelligence (AI) Services, and Cybersecurity. Operating in 21 countries, IQSTEL delivers high-value, high-margin services to its extensive global customer base. IQSTEL projects
Safe Harbor Statement: Statements in this news release may be "forward-looking statements". Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions, or any other information relating to our future activities or other future events or conditions. Words such as "anticipate," "believe," "estimate," "expect," "intend", "could" and similar expressions, as they relate to the company or its management, identify forward-looking statements. These statements are based on current expectations, estimates, and projections about our business based partly on assumptions made by management. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: our ability to successfully market our products and services; our continued ability to pay operating costs and ability to meet demand for our products and services; the amount and nature of competition from other telecom products and services; the effects of changes in the cybersecurity and telecom markets; our ability to successfully develop new products and services; our ability to complete complementary acquisitions and dispositions that benefit our company; our success establishing and maintaining collaborative, strategic alliance agreements with our industry partners; our ability to comply with applicable regulations; our ability to secure capital when needed; and the other risks and uncertainties described in our prior filings with the Securities and Exchange Commission.
These statements are not guarantees of future performance and involve risks, uncertainties, and assumptions that are difficult to predict. Therefore, actual outcomes and results may and are likely to differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date of this news release, and IQSTEL Inc. undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release.
For more information, please visit www.IQSTEL.com.
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SOURCE iQSTEL