LifeQuest World Corp. (OTCID: LQWC) announced the completion of its acquisition of an established Pacific Northwest waste management equipment company, effective June 12, 2026. The all-equity transaction, structured with no cash consideration at closing, immediately transforms LifeQuest from a development-stage holding company into a revenue-generating, multi-subsidiary environmental services platform with operations spanning the United States, Europe, Africa, Asia, and the Middle East.
The acquired business, comprising two Oregon corporations operating under common ownership, is a multi-decade operator in the commercial waste management equipment sector, serving businesses, institutions, and municipalities throughout Oregon, Washington, Idaho, and Montana. For the fiscal year ended December 31, 2025, the acquired business generated combined revenues of approximately $3.5 million from equipment sales and service, equipment rentals, installation, preventive maintenance contracts, and specialty cleaning services. On a GAAP basis, the combined entities reported a net loss before income taxes of approximately $4,400 for fiscal 2025, but excluding non-recurring non-cash charges, normalized combined pre-tax income was approximately $211,000 (non-GAAP), demonstrating underlying earnings capacity.
Max Khan, Chief Executive Officer of LifeQuest, stated: "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." Khan also serves as CEO of both acquired entities.
With the closing, LifeQuest now operates three wholly-owned subsidiaries: BioPipe Global Corp., the decentralized wastewater treatment technology company, and the two Oregon-based waste management equipment companies. 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. More information is available at www.biopipe.co.
Management outlined a strategic roadmap that includes engaging a PCAOB-registered independent auditor for a full consolidated audit, filing a Form S-1 or Form 10 with the SEC for registration as a reporting company, seeking shareholder approval for a 1-for-40 reverse stock split to meet OTCQB minimum bid price requirements, and applying for listing on the OTCQB Venture Market. "Our roadmap is clear, and this acquisition is the catalyst that makes it achievable," said Khan.
LifeQuest World Corp. is a diversified environmental and industrial services holding company incorporated in Minnesota and headquartered in Ridgefield Park, New Jersey. For more information, visit www.lifequestcorp.com and www.biopipe.co.
