Sky Quarry (SKYQ) announced that the company’s Board of Directors approved a reverse stock split of Sky Quarry’s shares of common stock at a ratio of 1-for-8. The company filed its Certificate of Amendment to the Certificate of Incorporation with the Secretary of State of Delaware on March 5 to implement the Reverse Stock Split. The reverse stock split is expected to become effective at 11:59 p.m. Eastern Time on March 15, and Sky Quarry’s common stock is expected to begin trading on the Nasdaq Capital Market on a split-adjusted basis at the opening of trading on March 16 under the existing ticker symbol “SKYQ”.
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