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    Sky Quarry Inc. filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits

    3/3/25 5:10:42 PM ET
    $SKYQ
    Environmental Services
    Industrials
    Get the next $SKYQ alert in real time by email
    SKY QUARRY INC. - Form 8-K SEC filing
    0001812447 false 0001812447 2025-03-03 2025-03-03

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C.  20549

     

    FORM 8-K

     

    CURRENT REPORT

    Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

     

     

    Date of Report (Date of earliest event reported):

     

    March 3, 2025 (February 25, 2025)

     

    SKY QUARRY INC.

    (Exact name of registrant as specified in its charter)

     

    Delaware

    (State or other

    jurisdiction of incorporation)

     

    001-42296

    (Commission

    File Number)

     

    84-1803091

    (I.R.S. Employer

    Identification No.)

     

     

     

     

     

    707 W. 700 South, Suite 1

    Woods Cross, UT 84087

    (Address of principal executive offices)  (zip code)

     

     

     

     

     

    (424) 394-1090

    (Registrant’s telephone number, including area code)

     

     

     

     

     

    (Former name or former address, if changed since last report.)

     

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

     

    ☐

    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

     

     

    ☐

    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

     

     

    ☐

    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

     

     

    ☐

    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

     

    Securities registered pursuant to Section 12(b) of the Act:

     

    Title of each class

    Trading Symbol(s)

    Name of each exchange on which registered

    Common Stock, par value $0.0001

    SKYQ

    Nasdaq Capital Market

     

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

    Emerging growth company ☒

     

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

    ☐

     


    Section 5 - Corporate Governance and Management

     

    Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

     

    On February 25, 2025, Todd Mitchell Palin was appointed to serve as a member of the Company’s board of directors.  In connection with Mr. Palin joining the Company’s board of directors, the Company issued Mr. Palin 83,334 restricted shares of its common stock, which shares shall vest equally over a twelve-month period, subject to Mr. Palin’s continued service as a board member.

     

    Below is a description of Mr. Palin’s background:

     

    Mr. Palin joined our board of directors on February 25, 2025. Mr. Palin has been a commercial fisherman since 1977 operating in Bristol Bay, Alaska.  From December 2006 to July 2009, Mr. Palin was a production facility operator for British Petroleum, where he was responsible for overseeing operations in maintaining the production of oil and gas at the Prudhoe Bay oil field in Alaska, focusing on efficiency, safety and compliance.   Mr. Palin brings a strong background in large-scale oil production and operational efficiency, and significant experience in operating a long-time commercial fishing operation, which we believe qualifies him to serve on our board of directors and adds significant strategic, business and financial experience.

    Section 9 – Financial Statements and Exhibits.

     

    Item 9.01Financial Statements and Exhibits. 

     

    (d)Exhibits 

     

    None.

     

     

     

     

     

     

    SIGNATURES

     

    Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. 

     

     

     

    Sky Quarry Inc.

     

     

     

     

    Dated: March 3, 2025

    By:  /s/David Sealock 

     

    Name:David Sealock 

     

    Title:Chief Executive Officer 


    1 

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