Sky Quarry terminates $8.125M equity purchase agreement with Varie Asset Management

Sky Quarry Inc.

Terminated July 2025 purchase agreement without cause; no penalties incurred.
Varie had been issued 366,260 shares for commitment but never purchased any shares.
Company continues to explore alternative financing plans.
Agreement allowed Varie to purchase up to $8.125M of common stock.

item 1.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Sky Quarry Inc. terminated Agreement with Varie Asset Management LLC valued at up to $8,125,000 (effective 2026-01-07).

Action: termination
Agreement: equity purchase
Counterparty: Varie Asset Management LLC
Value: up to $8,125,000
Effective: 2026-01-07

Exact text from the filing

On January 7, 2026, the Company terminated the purchase agreement (“Agreement”) entered into with Varie Asset Management LLC (“Varie”) on July 9, 2025.

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295 material agreements filed in the last 30 days. Browse all material agreements →

Sky Quarry Inc. filing history →

Source: SEC EDGAR

accession 0001096906-26-000041

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