Corporate ActionJul 30, 2026, 04:28 PM
Sky Quarry Completes ATM Offering, Raises $13.5M Net Proceeds
AI Summary
Sky Quarry Inc. successfully completed its at-the-market (ATM) equity offering program between April and June 2026, selling the full aggregate offering amount of its common stock. The company issued approximately 4,408,137 shares, resulting in aggregate net proceeds of about $13,528,940. Sales were conducted through Cantor Fitzgerald & Co. and later Muriel Siebert & Co., LLC, following an amended sales agreement that increased the program's capacity.
Key Highlights
- Successfully sold full aggregate offering amount under ATM Program between April and June 2026.
- Issued approximately 4,408,137 shares of Common Stock under the ATM Program.
- Generated aggregate net proceeds of approximately $13,528,940.
- Sold approximately 52,485 shares through Cantor Fitzgerald & Co., generating $1,306,941 net proceeds.
- Sold 4,355,652 shares through Muriel Siebert & Co., LLC, generating $12,221,999 net proceeds.
- Original ATM program had an aggregate sales price of up to $4,700,000.
- Updated ATM program increased aggregate sale price to up to $12,600,000.
- Share amounts adjusted to reflect a 1-for-8 reverse stock split on March 15, 2026.
Price Impact
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