Quetta Acquisition Eliminates $1.04 Million in KM Quad Notes via Release and Discharge

Quetta Acquisition executed a Release and Discharge with KM Quad on Apr 30 2026, canceling three promissory notes totaling $1,040,000. The mutual termination covers notes dated Nov 4 2024, Feb 14 2025, and Apr 20 2025, and confirms no principal, interest, fees, or other amounts remain payable. The action, tied to a prior termination agreement between the parties, removes the related obligations from Quetta's balance sheet and simplifies its capital structure.

Agreement 1: Quetta Acquisition Cancels $500,000 Promissory Note to KM Quad Under Release

Agreement terminated: Promissory note
Counterparty: KM Quad
Original agreement date: Nov 04 2024
Termination date: Apr 30 2026
Termination type: mutual
Exit fees / payments: None
Reason: Release and Discharge eliminated all outstanding obligations

Agreement 2: Quetta Acquisition Cancels $250,000 Promissory Note to KM Quad Under Release

Agreement terminated: Promissory note
Counterparty: KM Quad
Original agreement date: Feb 14 2025
Termination date: Apr 30 2026
Termination type: mutual
Exit fees / payments: None
Reason: Release and Discharge eliminated all outstanding obligations

Agreement 3: Quetta Acquisition Cancels $290,000 Promissory Note to KM Quad Under Release

Agreement terminated: Promissory note
Counterparty: KM Quad
Original agreement date: Apr 20 2025
Termination date: Apr 30 2026
Termination type: mutual
Exit fees / payments: None
Reason: Release and Discharge eliminated all outstanding obligations

Original SEC Filing: Quetta Acquisition Corp [ QETA ] - 8-K - May. 07, 2026

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