other material
confidence high
sentiment neutral
materiality 0.55
Sky Quarry announces 1-for-8 reverse stock split to regain Nasdaq compliance on March 16, 2026
Sky Quarry Inc.
- Reverse stock split at 1-for-8 ratio effective 11:59 pm ET on March 15, 2026; trading on split-adjusted basis begins March 16, 2026.
- Pre-split shares outstanding: 29,962,839; post-split approximately 3,752,874 shares.
- New CUSIP number for post-split Common Stock: 83087C204; ticker symbol remains SKYQ.
- Goal is to increase per-share price above $1.00 to meet Nasdaq minimum listing requirement.