Welcome to our dedicated page for Qdm Intl SEC filings (Ticker: QDMI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The QDM International Inc. (QDMI) SEC filings page on Stock Titan provides access to the company’s U.S. regulatory documents, including registration statements and current reports. QDM’s Form S-1/A filings describe a firm commitment public offering of its common stock, its quotation on the OTCQB Venture Market under the symbol QDMI, and its application to list on The Nasdaq Stock Market LLC. These registration statements also outline QDM’s status as a smaller reporting company and its use of reduced disclosure requirements under U.S. securities laws.
QDM’s filings explain that it is a Florida holding company that indirectly owns all of the equity interests in a Hong Kong operating subsidiary, with no subsidiaries incorporated in mainland China and no business operations or assets in mainland China. The S-1/A documents devote substantial space to legal and operational risks associated with having principal business activities in Hong Kong, and to the evolving PRC regulatory framework for overseas securities offerings. They also summarize opinions from PRC and Hong Kong legal counsel regarding the applicability of the PRC Trial Administrative Measures of Overseas Securities Offering and Listing by Domestic Companies.
Current reports on Form 8-K add detail on corporate actions and governance matters. One 8-K describes an Articles of Amendment filed in Florida to effect a one-for-thirty-four reverse stock split of QDM’s common stock, the temporary use of the trading symbol QDMID before reverting to QDMI, and the assignment of a new CUSIP number. The same filing reports the conversion of Series C convertible preferred stock into common stock, resulting in no Series C preferred shares remaining outstanding. Another 8-K outlines an employment agreement with the company’s Chief Executive Officer, including compensation terms and conditions for termination and change of control.
On Stock Titan, these filings are updated as they are released through EDGAR, and AI-powered tools can help summarize key sections, such as risk factors, capital structure changes, and governance disclosures. Users can quickly locate QDM’s S-1/A registration statements, 8-K current reports, and related exhibits to understand how the company presents its structure, regulatory risks, and significant corporate events to regulators and investors.
International Inc. delivered strong growth for the quarter ended December 31, 2025. Revenue rose to $4.77 million from $1.58 million a year earlier, and net income increased to $1.27 million from $0.71 million. For the nine-month period, revenue reached $12.33 million versus $3.54 million, with net income of $2.35 million compared with $1.65 million.
Higher referral fee rates sharply increased cost of sales and reduced gross margin, though the company has since reset referral fees toward regulatory benchmarks. Cash and cash equivalents grew to $12.35 million, and shareholders’ equity increased to $10.38 million. The CEO holds super-voting Series B preferred stock reclassified as temporary equity, and management continues to report material weaknesses in internal controls while outlining remediation plans.
QDM International Inc. is conducting a firm commitment public offering of 1,250,000 shares of common stock, with an estimated public offering price between $4.00 and $5.00 per share. The shares currently trade on the OTCQB under the symbol QDMI, and the company has applied to list its common stock on Nasdaq under the same symbol in connection with this offering.
QDM is a Florida holding company whose business is conducted through its Hong Kong insurance brokerage subsidiary, YeeTah, which primarily sells life and medical insurance products and earns commissions from insurers. Net proceeds are estimated at approximately $4.4 million at a $4.50 per share price and are expected to be used for expanding service offerings, marketing and branding, new hires, and general working capital. The prospectus highlights significant risks, including heavy dependence on a small number of insurance company partners, extensive regulation in Hong Kong, political and regulatory uncertainty involving Hong Kong and the PRC, concentrated control by the CEO, who holds about 99% of the voting power, and potential impacts from PRC and U.S. regulatory regimes that could affect the business or trading of the stock.
QDM International Inc. reported that it entered into a new employment agreement with its Chief Executive Officer, Huihe Zheng, effective December 11, 2025. Under the agreement, Mr. Zheng receives an annual base salary of $300,000 and is eligible to participate in the company’s equity incentive plans and other benefits as determined by the board.
The contract grants Mr. Zheng a one-time special bonus of $700,000 within 60 days of the agreement’s effective date for past performance, plus a one-time special bonus of $300,000 to be paid within 60 days after the company uplists to The Nasdaq Stock Market LLC. The agreement runs for an initial three-year term with automatic one-year renewals unless either party gives at least 30 days’ notice of non-renewal.
The agreement outlines termination rights and severance protections, including cause and no-cause terminations, and change-of-control severance that provides a lump-sum payment equal to one month of base salary and a pro-rated annual bonus. It also includes confidentiality, non-competition, and non-solicitation covenants.
QDM International Inc. reported quarterly results for the period ended September 30, 2025. Revenue rose to $3,970,674 from $993,917 a year ago, but sharply higher referral-related costs lifted cost of sales to $4,946,977, driving a gross loss and a net loss of $1,113,358 (vs. net income of $488,706 last year). General and administrative expenses were $349,519.
For the six months, revenue reached $7,565,671 with net income of $1,082,947, reflecting stronger first-half performance. Cash and cash equivalents were $12,519,196 as of September 30, 2025, supported by $4,258,301 net cash from operating activities.
Management cited elevated referral fee rates of about 90% in the quarter; following Hong Kong Insurance Authority guidance adopting a 50% benchmark for certain referral fees effective October 1, 2025, QDM reduced referral fees to roughly 40%–50%. During the quarter, the company effected a 1‑for‑34 reverse stock split and its CEO converted 531,886 Series C preferred shares into 58,507 common shares. The company reported material weaknesses in disclosure controls and procedures and outlined remediation plans.
QDM International Inc. is offering 1,250,000 shares of common stock in an S-1/A registration, using proceeds to fund operations and expansion of its Hong Kong insurance brokerage and referral business. The prospectus discloses an assumed midpoint offering price of $4.50 per share, an underwriting structure that includes up to 5% compensation warrants for underwriters and a 30-day over-allotment option. The company reported a fiscal year with seasonally concentrated revenue and disclosed historical transactions including forward and reverse stock splits and related-party financings. Major disclosed risks include evolving PRC cybersecurity and anti-monopoly measures, potential restrictions under the HFCA Act and PCAOB inspection determinations, compliance obligations as a Nasdaq-listed company, and concentration of regulatory and market risks tied to Hong Kong and China developments.
QDM International Inc. approved and implemented a reverse stock split of its common stock at a ratio of one-for-thirty-four. Each thirty-four previously issued and outstanding common shares were combined into one share, reducing the total issued and outstanding common stock from 291,563,930 shares to 8,575,410 shares. The amendment to the Articles of Incorporation effecting this change was approved by the board of directors and shareholders holding approximately 93.6% of the Company’s voting power and became effective upon filing with the Florida Department of State.
FINRA announced the reverse split with an effective date of September 19, 2025. The trading symbol will change to “QDMID” for 20 trading days, including the effective date, and then revert to “QDMI,” and the post-split common stock will trade under CUSIP 74738H403. The reverse split did not change the number of preferred shares outstanding but proportionately adjusted the conversion rate and voting rights of the Series C convertible preferred stock. Subsequently, on September 22, 2025, Huihe Zheng converted 531,886 Series C preferred shares into 58,507 common shares at an adjusted 0.11-for-1 rate, after which no Series C preferred shares remained outstanding.