Sky Quarry

Sky Quarry

Early Stage

Converting toxic waste asphalt shingles into zero-cost oil

Converting toxic waste asphalt shingles into zero-cost oil

Overview

Funding data not publicly available
Platform

Digital Offering

Start Date

06/13/2024

Close Date

Not Provided

Min. Goal
$6
Max. Goal
$19,999,998
Min. Investment

$6

Security Type

Equity - Common

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$6.00

Year Founded

2019

Industry

Energy, Power, & Natural Resources

Tech Sector

Cleantech

Location

Salt Lake City, Utah

Sky Quarry is raising funds on Digital Offering through Reg A+ crowdfunding. It is an environmental remediation company that uses technology to recycle waste asphalt shingles and remediate oil-saturated sands and soils. Sky Quarry owns an oil sand remediation facility and a 100% interest in asphalt bitumen exploration leases in Utah. The company was formed to solve the problems created by waste asphalt shingles and will use its technology for oil sand extraction, selling and processing shingles, and producing oil. David Sealock founded Sky Quarry in 2019. The current crowdfunding campaign has a maximum target of $19.99 million. The campaign proceeds will be used for growth and expansion.

Balance Sheet

Cash and Cash Equivalents

$1,065,142

Investment Securities

$0

Accounts and Notes Receivable

$3,543,777

Property, Plant and Equipment (PP&E)

$6,348,200

Property and Equipment

$6,348,200

Total Assets

$30,205,212

Long Term Debt

$288,309

Total Liabilities

$12,432,820

Total Stockholders' Equity

$17,772,393

Total Liabilities and Equity

$30,205,212

Statement of Comprehensive Income Information

Total Revenues

$12,418,517

Costs & Expenses Applicable to Rev

$10,116,377

Depreciation and Amortization

$60,562

Net Income

$-256,727

Earnings Per Share - Basic

$0.00

Earnings Per Share - Diluted

$0.00

Auditor: n/a
Financials as of: 06/13/2024
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Sky Quarry 06/13/2025 Digital Offering - - Equity - Common Active RegA+
Sky Quarry 04/29/2024 Digital Offering - - Equity - Preferred Funded RegD 506(c)
Sky Quarry 09/22/2022 Equifund $37,500,000 $18,200,000 Equity - Common Funded RegA+
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Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

Funding data not publicly available

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Sky Quarry on Digital Offering 2024
Platform: Digital Offering
Security Type: Equity - Common
Price per Share: $6.00

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