{"schema_version":"secwatch.filing_event.v1","accession":"0001096906-26-000041","form_type":"8-K","ticker":"SKYQ","cik":"0001812447","company_name":"Sky Quarry Inc.","filed_at":"2026-01-08T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.269631+00:00","generated_at":"2026-05-16T11:14:40.766502+00:00","sec_items":["1.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Sky Quarry terminates $8.125M equity purchase agreement with Varie Asset Management","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001096906-26-000041","json":"https://secwatch.observer/filing/0001096906-26-000041.json","markdown":"https://secwatch.observer/filing/0001096906-26-000041.md","text":"https://secwatch.observer/filing/0001096906-26-000041.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1812447/000109690626000041/0001096906-26-000041-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1812447/000109690626000041/skyq-20260108_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T11:14:40.766502+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":[{"claim_id":"ce23728b557ddc38f1b33bd6eb923f42beae1958","claim":"Sky Quarry Inc. terminated Agreement with Varie Asset Management LLC valued at up to $8,125,000 (effective 2026-01-07).","evidence_excerpt":"On January 7, 2026, the Company terminated the purchase agreement (“Agreement”) entered into with Varie Asset Management LLC (“Varie”) on July 9, 2025.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1812447/000109690626000041/0001096906-26-000041-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"termination"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Varie Asset Management LLC"},{"label":"Value","value":"up to $8,125,000"},{"label":"Effective","value":"2026-01-07"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}