LifeQuest World Corp. Acquires Waste Management Firm, Adding $3.5M Revenue and Setting Stage for SEC Registration

LifeQuest World Corp. (OTCID: LQWC) announced today the completion of its acquisition of an established Pacific Northwest waste management equipment company, adding approximately $3.5 million in annual revenue and transforming the company from a development-stage holding company into a revenue-generating, multi-subsidiary environmental services platform.

The acquisition, which closed effective June 12, 2026, brings together two Oregon corporations under common ownership that have operated for multiple decades in the commercial waste management equipment sector. The acquired business serves businesses, institutions, and municipalities throughout Oregon, Washington, Idaho and Montana, providing equipment sales, service, rentals, installation, preventive maintenance contracts, and specialty cleaning services.

'This acquisition is a transformational step for LifeQuest,' said Max Khan, Chief Executive Officer of LifeQuest World Corp., in a statement. 'The Acquired Business brings immediate, established revenue, a loyal Pacific Northwest customer base, and a proven team to our platform. Combined with BioPipe's global wastewater treatment technology, we are now uniquely positioned at the intersection of two of the world's most urgent environmental challenges - clean water and sustainable waste management.'

The transaction was structured as an all-equity acquisition with no cash consideration required at closing. LifeQuest issued an aggregate of 3,338,290 shares of Series B Preferred Stock, each convertible into 100 shares of common stock, and an $85,000 unsecured promissory note bearing interest at 6% per annum, maturing in six months. Khan will serve as CEO of both acquired entities.

For fiscal year 2025, the acquired business generated combined revenues of approximately $3.5 million. On a GAAP basis, the combined entities reported a net loss of approximately $(4,400) before income taxes, but after excluding non-recurring, non-cash charges—a $94,200 inventory write-down and $121,000 in capital equipment expensed—normalized combined pre-tax income was approximately $211,000, according to the company. Additionally, the acquired business held $581,665 in deferred revenue as of December 31, 2025, providing meaningful revenue visibility for 2026. The acquired business had total assets of approximately $1.9 million and total equity of approximately $927,000, with no long-term debt.

LifeQuest now operates through three wholly-owned subsidiaries: BioPipe Global Corp., a decentralized wastewater treatment technology company, and the two Oregon-based waste management entities. BioPipe's flagship technology, the Biopipe STP, is a patented biological wastewater treatment system that produces no sludge, requires no chemicals, and consumes minimal energy, with approximately 52 treatment plants installed across 11 countries.

Management outlined a strategic roadmap following the acquisition. LifeQuest intends to engage a PCAOB-registered independent auditor for a full consolidated audit, then file a Form S-1 or Form 10 with the SEC to become a registered reporting company. The company also plans to seek shareholder approval for a 1-for-40 reverse stock split to meet OTCQB minimum bid price requirements, followed by an application for OTCQB uplisting.

'Our roadmap is clear, and this acquisition is the catalyst that makes it achievable,' said Khan. 'The revenue foundation that the Acquired Business provides is essential for a credible SEC registration and OTCQB uplisting process.'

The acquisition positions LifeQuest in markets estimated to reach over $211 billion globally for water and wastewater treatment and a growing U.S. commercial waste management equipment market. More information is available at www.lifequestcorp.com.

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