A Florida court approved a settlement agreement between Sky Quarry Inc. and LendSpark Corporation to resolve outstanding liabilities totaling $638,998. The company will issue shares of its common stock to LendSpark in two tranches based on a conversion price tied to the lower of the previous day's closing price or the five-day average closing price. Additionally, 6,000 shares will be issued as a settlement fee for attorneys' costs. This resolution also dismisses a related pending action in California. Sky Quarry Inc. operates in the quarrying and aggregate materials industry.
