LifeQuest World Corp. (OTCID: LQWC) announced the completion of its acquisition of an established Pacific Northwest waste management equipment company, a move that transforms 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, adds approximately $3.5 million in annual revenue and establishes a diversified platform spanning commercial waste management, equipment rental, and decentralized wastewater treatment.
The transaction was structured as an all-equity acquisition, with no cash consideration required at closing. LifeQuest issued 3,338,290 shares of Series B Preferred Stock, each convertible into 100 shares of common stock, and an $85,000 unsecured promissory note. The acquired business, comprised of two Oregon corporations operating under common ownership, is a multi-decade operator serving businesses, institutions, and municipalities throughout Oregon, Washington, Idaho, and Montana.
Max Khan, Chief Executive Officer of LifeQuest, said, “This acquisition is a transformational step for LifeQuest. 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.”
For the fiscal year ended December 31, 2025, the acquired business generated combined revenues of approximately $3.5 million, with a diversified revenue base from equipment sales, service, rentals, installation, and maintenance contracts. On a GAAP basis, the combined entities reported a net loss before income taxes of approximately $(4,400), but after excluding non-recurring non-cash charges, normalized combined pre-tax income was approximately $211,000 (non-GAAP). The acquired business also held $581,665 in deferred revenue as of December 31, 2025, providing meaningful revenue visibility.
With this acquisition, LifeQuest now operates three wholly-owned subsidiaries: BioPipe Global Corp., a decentralized wastewater treatment company whose Biopipe STP technology is installed in 11 countries; and the two entities comprising the acquired business. Together, they address global markets estimated at over $211 billion for water and wastewater treatment and a growing U.S. commercial waste management equipment market.
Management outlined a strategic roadmap following the acquisition. LifeQuest intends to engage a PCAOB-registered auditor for a consolidated audit, file a Form S-1 or Form 10 with the SEC, seek shareholder approval for a 1-for-40 reverse stock split, and apply for listing on the OTCQB Venture Market. “Our roadmap is clear, and this acquisition is the catalyst that makes it achievable,” Khan said. “The revenue foundation that the acquired business provides is essential for a credible SEC registration and OTCQB uplisting process.”
More information about LifeQuest World Corp. is available at www.lifequestcorp.com and about BioPipe at www.biopipe.co.
