---
schema_version: "secwatch.filing_event.v1"
accession: "0001096906-25-001480"
form_type: "8-K"
ticker: "SKYQ"
cik: "0001812447"
company_name: "Sky Quarry Inc."
filed_at: "2025-09-04T23:59:59+00:00"
generated_at: "2026-05-17T08:20:56.094837+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Sky Quarry terminates CEO Sealock for cause, appoints Laun interim; issues $175K convertible note

## Summary
- CEO R. Michael Sealock terminated for cause on Aug 28, 2025; Marcus Laun appointed interim CEO.
- Issued $175,000 convertible promissory note to Varie Asset Management LLC, 12% interest, matures Aug 29, 2027.
- Conversion price $0.48/share (floor $0.40); warrant for 70,000 shares at $0.48 per share exercisable 24 months.

## SEC filing metadata
- accession: 0001096906-25-001480
- form_type: 8-K
- ticker: SKYQ
- cik: 0001812447
- company_name: Sky Quarry Inc.
- filed_at: 2025-09-04T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1812447/000109690625001480/0001096906-25-001480-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1812447/000109690625001480/skyq-20250904_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001096906-25-001480
- JSON: https://secwatch.observer/filing/0001096906-25-001480.json
- Plain text: https://secwatch.observer/filing/0001096906-25-001480.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.