---
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"
generated_at: "2026-05-16T11:14:40.766502+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001096906-26-000041
- JSON: https://secwatch.observer/filing/0001096906-26-000041.json
- Plain text: https://secwatch.observer/filing/0001096906-26-000041.txt

## Key facts
- Material Agreements
  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
  source text: On January 7, 2026, the Company terminated the purchase agreement (“Agreement”) entered into with Varie Asset Management LLC (“Varie”) on July 9, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1812447/000109690626000041/0001096906-26-000041-index.htm

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