IQSTEL Announces Strategic Decision to Uplist to NASDAQ and Executes Reverse Stock Split to Meet Minimum Listing Requirements

NEW YORK, May 2, 2025 /PRNewswire/ -- IQSTEL Inc. (OTCQX: IQST), a leading multinational telecom and technology company, announced today that it has made the strategic decision to uplist to the NASDAQ stock exchange. As part of this process, the company has executed a reverse stock split at a ratio of 80:1 to meet the minimum share price required for listing. This marks a significant milestone in IQSTEL's journey to expand its visibility, credibility, and access to broader capital markets. With $283 million in revenue reported for 2024 and a 96% year-over-year growth rate, the company is poised to enter a new phase of growth and recognition on a national exchange.

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