QDM International Inc.: insider trades · United States · SEC (Form 4)

About QDM International Inc.

QDM International Inc. (ticker: QDMI) is a U.S.-incorporated company based in Florida, and its shares trade on the OTCQB market in the United States; its SEC filings also show a continuing interest in accessing a broader U.S. listing venue, with Nasdaq uplisting referenced in recent offering-related disclosures. For international equity investors, QDM should be viewed primarily as an insurance brokerage and distribution business rather than as a pure financial holding company. The company’s operating footprint is centered in Hong Kong through its indirectly wholly owned subsidiary, Hong Kong YeeTah Insurance Broker Limited. Public SEC filings indicate that QDM was incorporated in March 2020 as the successor to 24/7 Kid Doc, Inc., which dates back to 1998, so the company’s history includes a series of corporate restructurings and name/ownership changes. QDM’s core business is insurance brokerage, supported by referral-type services. YeeTah distributes a broad range of insurance products across two main categories: life and medical insurance, and general insurance. The general insurance portfolio includes motor, commercial property, liability, and homeowners coverage. The company earns commissions from insurance carriers, generally based on a percentage of the premiums paid by customers. In addition, QDM is licensed in Hong Kong as an MPF intermediary, allowing it to assist customers with account-opening and related services under the MPF and ORSO retirement schemes. This adds a modest retirement-services layer to the business model, but the company remains fundamentally an insurance intermediary. From a competitive standpoint, QDM operates in a fragmented but regulated market where client relationships, product breadth, and local compliance matter. Its business appears focused on individual customers in Hong Kong, including visitors from mainland China, which gives it a clearly defined geographic niche rather than a broad multinational scale. That niche can support recurring brokerage activity, but it also creates concentration risk, particularly given the company’s reliance on the Hong Kong market and on a limited number of insurance partners. As a small-cap U.S.-listed issuer, QDM’s market position is therefore best described as specialized and localized, with operating leverage tied to execution rather than scale. Recent corporate developments have included capital-markets activity and share-structure adjustments. SEC filings from 2025 reference a firm-commitment public offering, a planned Nasdaq uplisting process, and a reverse stock split that became effective in September 2025. In December 2025, QDM also entered into an employment agreement with its chief executive officer, underscoring ongoing management formalization. Overall, QDM International Inc. is a U.S. company in the United States with operating substance in Hong Kong, trading on the OTCQB, and positioned as a niche insurance brokerage platform with cross-border exposure and a development-stage public-market profile.