Securetech Innovations, Inc.

SecureTech Innovations, Inc. has entered into definitive agreements to acquire an exclusive, worldwide license to QSTAK Holding, LLC's blockchain, exchange, and wallet technology for up to $22 million in Series B Preferred Stock. The company also formed a joint venture, QSTAK Market, LLC, in which its subsidiary Piranha Blockchain holds a 57% stake, and acquired a 15% ownership interest in QSTAK for $4.5 million in Series A Preferred Stock. These transactions are expected to provide SecureTech with a significant technological advancement and contribute to initial consolidated revenue in the current quarter.

SecureTech Innovations, Inc. filed an Amendment No. 1 to its Quarterly Report on Form 10-Q for the period ended March 31, 2026. The company announced that its previously issued financial statements for the fiscal year ended December 31, 2025, and interim periods ended June 30, 2025, September 30, 2025, and March 31, 2026, should no longer be relied upon and require restatement. This decision stems from errors in reclassifying certain accounts receivable and misclassifying redeemable non-controlling interest. Consequently, an additional material weakness in internal control over financial reporting was identified.

SecureTech Innovations, Inc. filed an amended Form 10-Q to restate previously issued financial statements for the quarterly period ended June 30, 2025, and other interim periods. The restatement addresses errors including the reclassification of certain accounts receivable and the misclassification of redeemable non-controlling interest. The company also identified an additional material weakness in internal control over financial reporting related to complex equity instruments and balance sheet asset classifications. This filing incorporates the financial impact of the acquisition of AI UltraProd Group on June 23, 2025.

SecureTech Innovations engaged Marcum Asia CPAs LLP as its new independent registered public accounting firm, replacing Gary Cheng CPA Limited. Concurrently, the company completed a restatement of its financial statements for fiscal year 2025 and interim periods, correcting two balance-sheet classification items. These corrections, which do not impact previously reported revenue or cash, address identified material weaknesses in internal controls and aim to strengthen financial reporting for a planned Nasdaq listing.

Securetech Innovations, Inc. announced the appointment of Anthony Vang as its full-time Chief Financial Officer, effective June 5, 2026. Mr. Vang has served as the company's Secretary, Treasurer, and Principal Financial Officer since its inception in 2017, performing substantive financial management duties. This appointment formally recognizes his existing leadership role. He currently receives no compensation, with a package to be established by the Compensation Committee. The move aligns with the company's governance enhancements as it pursues an uplisting to the Nasdaq Capital Market.

Securetech Innovations, Inc. reported its first-quarter 2026 financial results, showing significant revenue generation of $2.08 million, primarily from sales of goods and service revenue, compared to no revenue in the prior year period. The company recorded a net loss attributable to shareholders of $(389,137), an increase from $(94,365) in Q1 2025. This quarter's results reflect the impact of the AI UltraProd acquisition in June 2025, which introduced new business segments in AI-powered industrial 3D manufacturing and related services.

Securetech Innovations, Inc. issued two new 10% convertible promissory notes totaling $557,500 in principal amount to Willow Creek Capital Holdings, LLC and Red Rock Development Group, LLC, resulting in net proceeds of $500,000. These notes are due May 8, 2027, and convertible into common stock at 60% of the lowest trading price after six months. Concurrently, the company fully repaid a 6% convertible note to CFI Capital, LLC for an aggregate of $244,362.33, including significant prepayment and standstill fees.

SecureTech Innovations, Inc. announced that its Board of Directors nominated Robert J. Williams, CPA, aged 66, for a position. This nomination, made on April 13, 2026, is likely for a director role, aligning with the company's corporate governance. The filing indicates a potential change in the company's leadership structure.

SecureTech Innovations, Inc. announced the issuance of 15,326 shares of its common stock to two independent consultants. These shares, with a par value of $0.001 per share, were provided as compensation for services rendered. This action reflects a routine corporate activity related to compensating external service providers with equity.

On April 6, 2026, SecureTech Innovations, Inc. (SCTH) announced the nomination of Robert V. Castro to its Board of Directors. Mr. Castro, age 68, is a Certified Public Accountant (CPA) and Chartered Global Management Accountant (CGMA), bringing a background in financial expertise to the company's governance. This nomination marks a change in the board's composition, though further details regarding his specific role or the full implications of this appointment were not disclosed in the filing.