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iQSTEL Secures Up to $3 Million in Senior Debt for Ultranet Acquisition

iQSTEL entered financing agreements with M2B Funding and ADI Funding for up to $3 million in aggregate senior secured, non-convertible notes. Each lender funded $750,000 at the October 20 closing to support iQSTEL’s planned acquisition of a controlling interest in Ultranet Telecom Group.

IQST

iQSTEL entered into financing agreements with M2B Funding and ADI Funding for up to $3 million in aggregate senior secured, non-convertible notes to support its planned acquisition of a controlling interest in Ultranet Telecom Group. Each lender funded $750,000 at the October 20 closing, with a fur…