Every 8-K that QUALITY INDUSTRIAL CORP (QIND) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow QIND and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full QIND filings page.
Quality Industrial Corp. (QIND) announced an amendment restructuring the remaining purchase price for its 51% interest in Al Shola Gas and a conditional share exchange with majority shareholder Fusion Fuel Green PLC. Subject to closing conditions, Fusion Fuel will issue 500,000 Class A Ordinary Shares to Al Shola Gas’s three minority shareholders to satisfy $2.0 million of QIND’s purchase price; QIND will issue Fusion Fuel $2.0 million of QIND common stock as consideration.
After the $2.0 million portion is satisfied and subject to the ASG Shareholders’ cooperation obligations, $6.98 million remains payable on or before December 31, 2027. If Fusion Fuel’s shares are not issued by December 31, 2026 because the exchange has not closed, QIND must within ten calendar days thereafter pay $2.0 million in cash or deliver exchange-listed securities valued at $2.0 million. Al Shola Gas will distribute quarterly dividends equal to prior-quarter Profits, pro rata to equity interests, starting in the third quarter of 2026 unless its board decides otherwise. The amendment removes QIND’s former financing commitments for Al Shola Gas and gives QIND an option, exercisable at its sole discretion on or before March 27, 2027, to buy all or part of the minority shareholders’ 49% stake at $65,359.48 per share. QIND disclosed material uncertainty about its ability to continue as a going concern, including matured, unpaid convertible notes and dependence on external financing.
Quality Industrial Corp. (QIND) filed amended and restated articles effective October 2, 2026, changing several common-stockholder rights. The authorized common stock increased from 450,000,000 to 1,000,000,000 shares; the company said the added capacity could dilute ownership and voting interests if additional shares are issued. Authorized preferred stock remains 1,000,000 shares.
The new articles allow the board to authorize a sale, lease or exchange of all or substantially all assets without a stockholder vote. They extend liability protection to officers, require indemnification and permit expense advances subject to repayment undertakings. Certain internal corporate claims are assigned to Nevada state courts, while Securities Act and Exchange Act claims are excluded. The articles also opt out of specified Nevada control-share acquisition statutes and waive certain corporate opportunities, subject to an exception. Fusion Fuel Green PLC, holder of approximately 51.9% of QIND’s voting power, approved the articles by written consent on August 31, 2026.
Quality Industrial Corp. (symbol: QIND) is the issuer of record for a Form 8-K filing submitted to the SEC.
Quality Industrial Corp. (QIND) amended its corporate charter structure by filing a Certificate of Withdrawal on September 11, 2026, with the Nevada Secretary of State to withdraw the Certificate of Designation for its Series A Preferred Stock, originally filed on April 4, 2018.
The Series A Preferred Stock, par value $0.001, had no shares outstanding at the time of withdrawal. The board of directors authorized this action. Following the withdrawal, Series A Preferred Stock is no longer a designated series, all related charter references have no further force or effect, and the previously designated shares revert to authorized but undesignated preferred stock available for future designation.
Quality Industrial Corp. entered into a Promissory Note & Loan Modification and Forbearance Agreement with RB Capital Partners covering two previously issued convertible notes with original principal of $1,100,000 and $200,000. As of June 30, 2026, the aggregate amount outstanding under these notes was $1,587,439.64.
The company agreed to pay a total of $1,675,000 in 19 installments from July 30, 2026 through January 15, 2028, with no additional interest so long as no default occurs. A $30,000 timely payment discount can reduce the final installment. The notes’ term is extended to March 1, 2028, and RB Capital agrees to forbear from enforcing remedies during a defined forbearance period, subject to detailed default and cure provisions and a 5% default interest rate on unpaid amounts after default.
The holder’s right to convert principal into common stock at $1.00 per share, subject to beneficial ownership limitations, is expressly preserved; any converted principal reduces the payment schedule. Mutual releases and covenants not to sue become fully effective when the payment amount is paid in full, and any conversion shares are expected to be issued in transactions exempt from registration under Section 4(a)(2) and/or Regulation D.
Quality Industrial Corp. announced a leadership change, with John-Paul Backwell resigning as Chief Executive Officer effective April 20, 2026, for personal and health reasons while remaining on the board. The board appointed Carsten Kjems Falk as Chief Executive Officer, and he will also continue serving as Interim Chief Financial Officer and a director.
Falk has held multiple senior roles at the company since 2020, including prior service as CEO and Chief Commercial Officer, and brings experience from SaaS, FMCG, energy, and Domino’s Pizza Denmark. The company issued a press release on April 23, 2026, highlighting its focus on disciplined execution, operational efficiency, and ongoing strategic transactions, while cautioning that forward-looking statements are subject to significant risks and uncertainties.
Quality Industrial Corp. filed an amended 8-K to replace an erroneous prior earnings release and provide a corrected FY 2025 shareholder letter and results. Revenue rose 45.9% to $16.3 million from $11.2 million, with gross profit up to $4.8 million but gross margin declining from 35.5% to 29.4% as operating expenses increased 60.7% to $5.2 million.
The company swung from GAAP net income of $0.3 million to a GAAP net loss of $4.6 million, largely reflecting turnaround-related items and legacy write-offs. Non-GAAP adjusted net income improved from a loss of $0.2 million to a profit of $0.6 million. Management highlights governance changes, settlement of about $2.0 million of legacy employee and officer obligations, reduction of accounts payable by 45% to $1.2 million, lower convertible notes, and approximately $4.4 million of capital support from parent Fusion Fuel. For 2026, QIND is targeting $20 million of revenue, emphasizing growth at Al Shola Gas and continued debt servicing.
Quality Industrial Corp. reported fiscal 2025 revenue of $16,307,787, up 45.9% from $11,177,567, reflecting strong growth at its Al Shola Gas subsidiary. Gross profit rose to $4,788,780, but gross margin declined to 29.4% from 35.5% as operating expenses increased 60.7% to $5,245,558.
The company posted a reported net loss of $4,603,645 versus prior-year net income of $266,780. After non-recurring turnaround and legacy items, adjusted net income was $566,853, up 452% from $160,774. QIND reduced convertible note principal and accounts payable while using capital from Fusion Fuel to clean up legacy liabilities and fund Al Shola Gas growth.
Al Shola Gas secured approximately $7 million in new engineering contracts and about $2 million in annual recurring fuel distribution contracts and expanded into the northern emirates. Management highlights ongoing risks from regional conflict, remaining convertible debt, potential future dilution, and the need for additional financing, even as core turnaround actions are largely completed.
Quality Industrial Corp. (QIND) furnished a shareholder letter via an 8-K Regulation FD disclosure. The update covers corporate governance enhancements, operational performance, financial progress, and the status of QIND’s transaction with Fusion Fuel Green PLC.
The letter highlights a strengthened board structure, ongoing debt reduction, and investments aimed at supporting growth at operating subsidiary Al Shola Al Modea Gas LLC. The shareholder letter is furnished as Exhibit 99.1 and, as noted, is not deemed filed for purposes of Section 18 of the Exchange Act.