Quality Industrial Corp. filings document material-event disclosures for an industrial and energy-focused LPG business and its majority-owned operating subsidiary, Al Shola Gas. The company’s Form 8-K reports and amendments furnish annual results, shareholder letters, operational performance updates, and forward-looking risk language tied to LPG engineering, maintenance, and distribution activity.
Its regulatory record also covers governance changes, board structure, debt reduction, capital-structure matters, and shareholder voting materials related to authorized common stock. These filings provide formal disclosure on operating results, corporate actions, and management updates for QIND’s public-company reporting.
Fusion Fuel Green PLC has filed Amendment No. 3 to its Schedule 13D disclosing its updated stake in Quality Industrial Corp.. On December 2, 2025, Fusion Fuel converted 9,600 shares of Series B Convertible Preferred Stock into 9,600,000 shares of common stock for no cash consideration, in line with the Series B Certificate of Designation.
Following this and prior transactions, Fusion Fuel beneficially owns 100,312,334 shares of Quality Industrial common stock, equal to about 53.5% of the 179,110,820 shares outstanding as of December 2, 2025. This majority position includes 8,500,000 shares issuable upon conversion of remaining Series B Preferred Stock, subject to limits that generally prevent beneficial ownership from exceeding 9.99% immediately after any single conversion.
Quality Industrial Corp. insider reports major share conversion. A reporting person who is both a director and 10% owner of Quality Industrial Corp. (QIND) filed a Form 4 for a transaction dated 12/02/2025. The insider converted 9,600 shares of Series B Convertible Preferred Stock into 9,600,000 shares of common stock at a stated price of $0 per share. Following this transaction, the insider beneficially owns 91,812,334 shares of common stock in direct ownership. Each share of Series B Preferred is convertible into 1,000 common shares for no cash consideration, but conversions are limited so that the holder’s beneficial ownership does not exceed 9.99% of outstanding common stock and are subject to other applicable limits.
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.
Quality Industrial Corp. (QIND) reported Q3 2025 results. Revenue rose to $3.52 million from $2.66 million a year ago, with gross profit of $1.21 million. Operating expenses were $1.50 million, leading to an operating loss of $0.29 million. Net loss attributable to QIND stockholders was $0.26 million, an improvement from $0.50 million in the prior-year quarter.
For the nine months, revenue reached $11.15 million versus $5.98 million last year, while net loss attributable to QIND stockholders was $1.87 million. Cash increased to $0.97 million from $0.23 million at year-end, supported by $3.81 million net financing inflows, including a $4.06 million related-party loan. Total assets were $19.97 million; current liabilities were $15.77 million, including $2.15 million of convertible notes (net). Stockholders’ equity was $1.66 million. Accounts receivable were $4.04 million, with $1.78 million aged over 90 days.
The company disclosed a going concern uncertainty. QIND became a majority-owned subsidiary of Fusion Fuel in November 2024 and realigned leadership on August 28, 2025. Common shares outstanding were 169,510,820 as of November 10, 2025.
Quality Industrial Corp. (QIND) insider transaction: A company director reported converting 1,900 shares of Series B Convertible Preferred Stock into 1,900,000 shares of common stock on 10/28/2025. The conversion carried a reported price of $0 per share, indicating a non-cash conversion.
Following the transaction, the director directly beneficially owned 82,212,334 shares of common stock. The filing also shows 18,100 Series B preferred shares remaining beneficially owned after the reported transaction. Each Series B preferred share is convertible into 1,000 common shares and includes a 9.99% beneficial ownership limitation immediately after conversion.
Fusion Fuel Green PLC filed Amendment No. 2 to Schedule 13D on Quality Industrial Corp. (QIND), reporting beneficial ownership of 100,312,334 shares, or 53.5% of QIND’s common stock.
The percentage is based on 169,510,820 shares outstanding as of October 28, 2025. On October 28, 2025, Fusion Fuel converted 1,900 shares of Series B Preferred into 1,900,000 common shares for no cash consideration, per the Series B Certificate of Designation.
The position consists of 82,212,334 common shares and 18,100,000 shares issuable upon conversion of 18,100 Series B Preferred, subject to a 9.99% beneficial ownership limitation on conversion. Fusion Fuel states sole voting and dispositive power over the reported shares and describes its holdings as for strategic investment purposes.