{"filing":{"accession_number":"0001493152-26-033297","cik":"0001393781","ticker":"QIND","company_name":"Quality Industrial Corp.","form":"8-K","filing_date":"2026-07-15","report_date":null,"primary_document":"form8-k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1393781/000149315226033297/form8-k.htm"},"events":[{"id":18044,"run_id":16199,"accession_number":"0001493152-26-033297","anchor_item_number":null,"event_type":"covenant_breach","event_domain":"financial","is_material":true,"confidence":0.75,"summary":"The filing discloses a Forbearance Agreement entered into on July 10, 2026, relating to two convertible promissory notes that \"matured prior to the date of the Forbearance Agreement.\" The Company is restructuring $1,587,439.64 in outstanding debt into a 19-month payment plan with modified terms, indicating the original notes were in default or at imminent risk of default. While Item 1.01 frames this as entry into a material agreement and Item 2.03 addresses the financial obligation, the core event is a covenant breach or technical default on the matured notes that triggered the need for forbearance and loan modification—a classic early indicator of financial stress.","company_name":"Quality Industrial Corp.","ticker":"QIND","filing_date":"2026-07-15","form":"8-K","submitted_at":null,"items":null}],"classifications":[{"id":16742,"accession_number":"0001493152-26-033297","item_number":null,"item_title":null,"event_type":"covenant_breach","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"The filing discloses a Forbearance Agreement entered into on July 10, 2026, relating to two convertible promissory notes that \"matured prior to the date of the Forbearance Agreement.\" The Company is restructuring $1,587,439.64 in outstanding debt into a 19-month payment plan with modified terms, indicating the original notes were in default or at imminent risk of default. While Item 1.01 frames this as entry into a material agreement and Item 2.03 addresses the financial obligation, the core event is a covenant breach or technical default on the matured notes that triggered the need for forbearance and loan modification—a classic early indicator of financial stress.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-15T13:02:14.705196+00:00","company_name":"Quality Industrial Corp.","ticker":"QIND","filing_date":"2026-07-15"}]}
