Todd Mitchell Palin
On February 25, 2025, Todd Mitchell Palin was appointed to serve as a member of the Company’s board of directors.
Highest-materiality recent filing
Sky Quarry enters exclusivity pact for potential digital infrastructure acquisition
Entered exclusivity agreement in March 2026 to evaluate acquisition of digital infrastructure assets.
Sky Quarry replaces Cantor with Siebert as ATM agent; upsizes capacity to $12.6M
Amended sales agreement appoints Muriel Siebert & Co. as sole agent, replacing Cantor Fitzgerald.
Sky Quarry regains Nasdaq bid-price compliance after 1-for-8 reverse split
Received delisting notice on March 24, 2026 for non-compliance with Nasdaq minimum bid price of $1.
Sky Quarry announces 1-for-8 reverse stock split to regain Nasdaq compliance on March 16, 2026
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.
Sky Quarry directors Todd Palin and Leo Womack resign effective immediately
Todd Palin and Leo Womack resigned from the Board on January 28, 2026.
Sky Quarry enters into ATM equity offering agreement for up to $4.7M with Cantor Fitzgerald
Entered into Controlled Equity Offering Sales Agreement with Cantor Fitzgerald & Co. for up to $4.7M in common stock sales.
Sky Quarry terminates $8.125M equity purchase agreement with Varie Asset Management
Terminated July 2025 purchase agreement without cause; no penalties incurred.
Sky Quarry issues ~1.47M shares to settle $491K debt owed by subsidiary to LendSpark
Issued 699,977 initial shares plus 699,977 additional shares to LendSpark for $491,384 debt of wholly-owned subsidiary Foreland Refining.
Sky Quarry appoints Byrne, Monje, Hussein as independent directors
Appointed Robert Byrne, Alexander Monje, and Omar Hussein to board effective Nov 21, 2025.
Authorized common shares increased from 100M to 2B; certificate of amendment filed with Delaware on Nov 5, 2025.
Foreland Refining raises $416,700 in Series A Preferred Stock offering
Subsidiary completed sale of 4,167 shares of 10% redeemable preferred stock at $100/share ($416,700 proceeds).
Nasdaq grants Sky Quarry 180-day extension to March 2026 for $1 minimum bid compliance
Nasdaq granted additional 180 days until March 23, 2026, to regain compliance with Minimum Bid Price Requirement (Rule 5550(a)(2)).
Sky Quarry director David Sealock resigns from board effective September 10, 2025
David Sealock resigned as director on September 10, 2025; resignation accepted by the company.
Sky Quarry terminates CEO Sealock for cause, appoints Laun interim; issues $175K convertible note
CEO R. Michael Sealock terminated for cause on Aug 28, 2025; Marcus Laun appointed interim CEO.
Sky Quarry CFO Darryl Delwo resigns effective August 4, 2025
Darryl Delwo resigned as CFO; no replacement named in the filing.
Sky Quarry subsidiary issues $1M 30% secured note; issues 500k shares and 2M warrants to lender
$1,000,000 secured promissory note issued by Foreland Refining to KF Business Ventures, due Nov 24, 2025 at 30% annual interest.
Sky Quarry subsidiary Foreland Refining launches crowdfunding; exploring digital asset strategies
Foreland Refining Corporation launches Regulation Crowdfunding offering via PicMii Crowdfunding.
Sky Quarry forms internal committee to explore digital asset treasury strategy
Company announced strategic initiative to establish a digital asset treasury as part of capital allocation.
Sky Quarry enters $8.125M equity line with Varie at 97% of market price, floor $0.62
Varie commits to purchase up to $8.125M of common stock over 24 months at Company's discretion.
Sky Quarry issues 1,162,087 shares to Allegheny to settle $567,943.66 in invoices
Issued 1,125,087 shares to Allegheny Manufacturing LLC to settle $567,943.66 in outstanding invoices.
Sky Quarry receives Nasdaq bid price deficiency notice; FY2024 revenue $23.3M, net loss $14.7M
Nasdaq notified Sky Quarry that its stock bid price closed below $1.00 for 30 consecutive days; 180-day cure period until Sept 24, 2025.
Sky Quarry appoints Todd Mitchell Palin to board, grants 83,334 RSUs vesting over 12 months
Todd Mitchell Palin appointed to board on Feb 25, 2025; receives 83,334 restricted shares vesting equally over 12 months.
Leo B. Womack appointed to board on Jan 10, 2025; serves on audit, nominating, and compensation committees as chair of compensation committee.
Note principal $1.2M, convertible at $0.84/share, interest 1.5%/month, matures March 2, 2025.
Sky Quarry closes $6.7M NASDAQ offering; shares begin trading Oct 10 under SKYQ
Raised $6,708,030 from sale of 1,118,005 shares at $6.00 per share.
On February 25, 2025, Todd Mitchell Palin was appointed to serve as a member of the Company’s board of directors.
On January 10, 2025, the Company’s board of directors approved the appointment of Leo B. Womack as a member of the Company’s board of directors, as well as to serve as a member of each of the audit committee, nominating and corporate governance committee and the compensation committee and to serve as the chairman of the compensation committee.
On October 8, 2024, our board of directors approved the appointment of Darryl Delwo, our Chief Financial Officer, to serve as the Company’s corporate secretary, until his resignation or earlier removal thereof.
Max materiality 0.80 · Median 0.55 · Most common event other_material