Sky Quarry Inc. 8-K

What Happened Sky Quarry Inc. announced on April 22, 2026 that it entered into an Amended and Restated Sales Agreement with Muriel Siebert & Co., LLC, replacing Cantor Fitzgerald & Co. as the agent for its at-the-market (ATM) equity program. The ATM program was established under the company’s Form S-3 registration statement (declared effective December 18, 2025). The company previously executed a Sales Agreement on January 12, 2026 and has updated the prospectus supplement to increase the aggregate offering capacity for ATM sales to up to $12,600,000.

Key Details

• A&R Sales Agreement dated April 22, 2026 replaces Cantor Fitzgerald with Muriel Siebert & Co., LLC as the principal/sole sales agent.
• Aggregate ATM offering capacity updated from up to $4,700,000 (filed Jan 12, 2026) to up to $12,600,000 (filed Apr 22, 2026).
• Agent commission: 3.0% of gross proceeds on each sale effectuated under the A&R Sales Agreement.
• Company may suspend or terminate the A&R Sales Agreement at any time and has no obligation to sell any shares; sales, if any, will be issued under the effective S-3 registration.

Why It Matters This filing gives Sky Quarry a flexible way to raise up to $12.6 million through periodic share sales directly into the market, which can provide near-term funding without a single large equity offering. For investors, ATM sales are potentially dilutive if shares are issued and sold, and the company will incur a 3% commission cost on any such sales. The agreement does not guarantee any financings — sales occur only at the company’s direction and subject to market conditions. The filing includes a legal opinion confirming the legality of the potential issuances.