CoverageForm 410-K10-Q8-K13D13G13F

QIND Quality Industrial Corp. - 8-K

Filed Apr 23, 2026. See issuer overview · financials · original on SEC.gov ↗
Accession
0001493152-26-018637
5.027.019.01

Item 5.02 - Departure/Election of Directors or Certain Officers

360 words

Item
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of
Certain Officers.

On
April 20, 2026, John-Paul Backwell resigned from his position as Chief Executive Officer of Quality
Industrial Corp., a Nevada corporation (the “Company”), effective immediately. Mr. Backwell will continue to be a director
of the Company. The resignation was not the result of any disagreement with the Company on any matter known to an executive officer of
the Company relating to the operations, policies or practices of the Company.

On
April 20, 2026, the Board of Directors of the Company appointed Carsten Kjems Falk as the Company’s Chief Executive Officer, effective
immediately. Mr. Falk, 51, has served as the Interim Chief Financial Officer and a director of
the Company since August 2025. Since June 2025, Mr. Falk has also served as Head of M&A of Fusion Fuel Green PLC, an Irish public
limited company (Nasdaq: HTOO). From October 2022 to August 2025, Mr. Falk was the Chief Commercial Officer of the Company. From June
2022 to October 2024, Mr. Falk served as Chief Commercial Officer of Ilustrato Pictures International Inc., a Nevada corporation (OTC:
ILUS). From September 2020 to October 2022, Mr. Falk was the Chief Executive Officer of the Company. From 2013 through 2019, Mr. Falk
was Chief Executive Officer of Domino’s Pizza Denmark. Mr. Falk holds a Master of Arts in Educational Theory and Curriculum Studies:
Mathematics from Aarhus University. The Board of Directors of the Company believes that Mr. Falk is qualified to serve on the Company’s
Board of Directors due to his service to the Company in several senior executive roles since 2020 and extensive leadership experience
across the SaaS, FMCG, and energy sectors.

There
are no arrangements or understandings between Mr. Falk and any other persons pursuant to which he was selected as Chief Executive Officer.
There are no family relationships that exist between Mr. Falk and any directors or executive officers of the Company. In addition, there
has been no transaction, nor is there any currently proposed transaction, between Mr. Falk and the Company that would require disclosure
under Item 404(a) of Regulation S-K.

Item 7.01 - Regulation FD Disclosure

471 words

Item
7.01 Regulation FD Disclosure.

On
April 23, 2026, the Company released a press release announcing the resignation of Mr. Backwell and the appointment of Mr. Falk. A copy
of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

The
information furnished pursuant to this Item 7.01 (including Exhibit 99.1 hereto), shall not be deemed “filed” for purposes
of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities
of that section, nor shall it be deemed incorporated by reference into any filing under the Exchange Act or the Securities Act of 1933,
as amended (the “Securities Act”), except as expressly set forth by specific reference in such a filing.

Forward-Looking
Statements

The
press release attached as Exhibit 99.1 hereto and the statements contained therein include “forward-looking statements” within
the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934,
as amended, which statements involve substantial risks and uncertainties. Forward-looking statements generally relate to future events
or the Company’s future financial or operating performance. In some cases, you can identify forward-looking statements because
they contain words such as “may,” “will,” “believes,” “expects,” “anticipates,”
“estimates,” “projects,” “intends,” “should,” “seeks,” “future,”
“continue,” “plan,” “target,” “predict,” “potential,” or the negative of
such terms or other comparable terminology. Forward-looking statements in this press release include, but are not limited to, statements
regarding the Company’s leadership transition, the expected impact of Mr. Falk’s appointment, the Company’s business
strategy, operational priorities, and future performance. Forward-looking statements relating to expectations about future results or
events are based upon information available to the Company as of the date of this press release and are not guarantees of future performance.
Actual results may vary materially from those discussed in these forward-looking statements as a result of various factors, including,
without limitation, the risk that the leadership transition may not yield anticipated benefits, the Company’s ability to execute
its business plan, market and competitive conditions, financing availability, regulatory developments, and other risks and uncertainties
described under Item 1A. “Risk Factors” and elsewhere in the Company’s Annual Report on Form 10-K filed with the Securities
and Exchange Commission (the “SEC”) on March 31, 2026, and in other filings with the SEC. Should any of these risks or uncertainties
materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described as anticipated,
estimated or expected. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified
in their entirety by these cautionary statements. The Company undertakes no obligation to publicly update or revise any forward-looking
statements to reflect events or circumstances arising after the date of this press release, except as required by law.

Item 9.01 - Financial Statements and Exhibits

28 words

Item
9.01 Financial Statements and Exhibits.

Exhibit
No.

Description

99.1

Press Release dated April 23, 2026

104

Cover
Page Interactive Data File (embedded within the Inline XBRL document)