{"schema_version":"secwatch.filing_event.v1","accession":"0001096906-25-002043","form_type":"8-K","ticker":"SKYQ","cik":"0001812447","company_name":"Sky Quarry Inc.","filed_at":"2025-12-15T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.554015+00:00","generated_at":"2026-05-16T13:14:51.450504+00:00","sec_items":["3.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Sky Quarry issues ~1.47M shares to settle $491K debt owed by subsidiary to LendSpark","bullets":["Issued 699,977 initial shares plus 699,977 additional shares to LendSpark for $491,384 debt of wholly-owned subsidiary Foreland Refining.","Also issued 70,000 shares as settlement fee; all shares are freely tradable under Section 3(a)(10) of Securities Act.","Settlement agreement dated Dec 1, 2025; court approval obtained; company reserves 3.2M shares for issuance.","Additional shares may be issued upon conversion at a price based on lower of prior day closing or 5-day average closing price.","Leak-out provision limits LendSpark's daily sales to 20% of trading volume."],"urls":{"canonical":"https://secwatch.observer/filing/0001096906-25-002043","json":"https://secwatch.observer/filing/0001096906-25-002043.json","markdown":"https://secwatch.observer/filing/0001096906-25-002043.md","text":"https://secwatch.observer/filing/0001096906-25-002043.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1812447/000109690625002043/0001096906-25-002043-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1812447/000109690625002043/skyq-20251215_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T13:14:51.450504+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}