Sky Quarry Inc. filed a Form 8-K on September 22, 2026, reporting the final voting results from its special meeting of stockholders held on September 18, 2026, at which four proposals were considered, including two reverse stock split authorizations and a new omnibus incentive plan.

Key Highlights

  • Record date shares: As of July 24, 2026, 8,808,017 shares of common stock were issued, outstanding, and entitled to vote.
  • Quorum reached: 4,481,963 shares were represented in person or by proxy at the meeting, constituting a quorum.
  • First Reverse Stock Split approved: Proposal 1 received 3,678,019 votes for, 710,157 against, and 93,787 abstentions; the Board may set a ratio between 1-for-2 and 1-for-25 on or before the two-year anniversary of approval.
  • Second Reverse Stock Split approved: Proposal 2 received 3,600,553 votes for, 777,756 against, and 103,652 abstentions; it would take effect on or after the First Reverse Stock Split and within two years of this approval.
  • 2026 Omnibus Incentive Plan approved: Proposal 3 received 2,041,965 votes for, 378,858 against, 110,799 abstentions, and 1,950,340 broker non-votes.
  • Adjournment proposal approved: Proposal 4 received 3,658,519 votes for, 646,051 against, and 177,394 abstentions.

Sky Quarry Special Meeting: Reverse Split Ratios, Incentive Plan, and Voting Details

According to the filing, Sky Quarry Inc. (NASDAQ:SKYQ) held its special meeting of stockholders on September 18, 2026. The company disclosed that the record date for the meeting was July 24, 2026, at which point 8,808,017 shares of common stock were issued and outstanding. Of those, 4,481,963 shares were represented at the meeting, satisfying quorum requirements.

Proposals 1 and 2 each authorized the Board of Directors to effect a reverse stock split of the company's issued and outstanding common stock, par value $0.0001 per share, at a ratio the Board would set within a range of not less than 1-for-2 and not greater than 1-for-25. The filing noted that both proposals "was approved by the affirmative vote of a majority of the votes cast, but not by the majority of the outstanding shares of Common Stock." The First Reverse Stock Split must occur on or before the two-year anniversary of its approval. The Second Reverse Stock Split would take effect on or after the date the First Reverse Stock Split becomes effective and no later than the two-year anniversary of Proposal 2's approval.

Stockholders also approved the Sky Quarry Inc. 2026 Omnibus Incentive Plan under Proposal 3, which carried with 2,041,965 votes for and 1,950,340 broker non-votes recorded. The adjournment proposal (Proposal 4), which would have allowed the meeting to be extended to solicit additional proxies if needed, also passed, receiving 3,658,519 affirmative votes. The filing stated the proposals were described in more detail in the company's definitive proxy statement filed with the SEC on August 6, 2026.

What Was Disclosed

Sky Quarry Inc. reported the final voting results from its September 18, 2026 special stockholder meeting, covering two reverse stock split authorizations, approval of a new omnibus incentive plan, and an adjournment proposal, all of which passed by a majority of votes cast.