---
schema_version: "secwatch.filing_event.v1"
accession: "0001516551-23-000083"
form_type: "8-K"
ticker: "SKYE"
cik: "0001516551"
company_name: "Skye Bioscience, Inc."
filed_at: "2023-11-07T23:59:59+00:00"
generated_at: "2026-06-08T14:48:50.088372+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Skye Bioscience increases authorized common shares from 20M to 100M

## Summary
- Filed Certificate of Amendment on Nov 6, 2023, raising authorized common shares from 20,000,000 to 100,000,000.
- No change to issued and outstanding shares; only affects potential future issuances.
- Board unanimously approved; majority stockholders consented in writing in lieu of a special meeting.
- Amendment provides additional flexibility for future capital raising or strategic transactions.

## SEC filing metadata
- accession: 0001516551-23-000083
- form_type: 8-K
- ticker: SKYE
- cik: 0001516551
- company_name: Skye Bioscience, Inc.
- filed_at: 2023-11-07T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1516551/000151655123000083/0001516551-23-000083-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1516551/000151655123000083/skye-20231106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001516551-23-000083
- JSON: https://secwatch.observer/filing/0001516551-23-000083.json
- Plain text: https://secwatch.observer/filing/0001516551-23-000083.txt

## Key facts
- Governance Changes
  Skye Bioscience, Inc.: Increased authorized shares of common stock from 20,000,000 to 100,000,000 (effective 2023-11-06).
  - Change: charter amendment
  - Effective: 2023-11-06
  source text: On November 6, 2023, Skye Bioscience, Inc., a Nevada corporation (the "Company") filed a Certificate of Amendment to the Company's Articles of Incorporation (the “Articles”), to amend Section 1 of Article IV of the Articles to increase the number of authorized shares of common stock from 20,000,000 to 100,000,000 (the “Charter Amendment”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1516551/000151655123000083/0001516551-23-000083-index.htm

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