---
schema_version: "secwatch.filing_event.v1"
accession: "0001096906-25-001647"
form_type: "8-K"
ticker: "SKYQ"
cik: "0001812447"
company_name: "Sky Quarry Inc."
filed_at: "2025-10-06T23:59:59+00:00"
generated_at: "2026-05-17T04:36:50.641921+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Foreland Refining raises $416,700 in Series A Preferred Stock offering

## Summary
- Subsidiary completed sale of 4,167 shares of 10% redeemable preferred stock at $100/share ($416,700 proceeds).
- Offering targets up to $1,235,000; Foreland intends to continue selling remaining shares.
- Preferred stock pays 10% annual dividend plus $0.75 royalty per barrel of crude oil refined and sold.
- Automatic redemption after 5 years; early redemption at 110%-103% of liquidation preference.
- Shareholders have no voting rights; preferred stock is not convertible into common equity.

## SEC filing metadata
- accession: 0001096906-25-001647
- form_type: 8-K
- ticker: SKYQ
- cik: 0001812447
- company_name: Sky Quarry Inc.
- filed_at: 2025-10-06T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1812447/000109690625001647/0001096906-25-001647-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1812447/000109690625001647/skyq-20251006_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001096906-25-001647
- JSON: https://secwatch.observer/filing/0001096906-25-001647.json
- Plain text: https://secwatch.observer/filing/0001096906-25-001647.txt

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