Sky Quarry

Early Stage

Converting toxic waste asphalt shingles into zero-cost oil

Analytics

Raised to Date: Raised: $128,095

Aggregate Commitments $

Platform

Equifund CFP

Start Date

11/24/2021

Close Date

05/23/2022

Min. Goal

$1,000

Max. Goal

$18,750,000

Min. Investment

$1,000

Security Type

Equity - Common

Funding Type

RegA+

Pre-Money Valuation

$37,500,000

Rolling Commitments $

Status

Active

Reporting Date

11/28/2021

Days Remaining

176

% of Min. Goal

12,810%

% of Max. Goal

1%

Likelihood of Max
unlikely
Avg. Daily Raise

$32,024

Momentum
warm.svg
Log in or create a free account today to gain access to KingsCrowd analytics.
Location

Salt Lake City, Utah

Industry

Energy, Power, & Natural Resources

Tech Sector

Cleantech

Sky Quarry, with a valuation of $37.5 million, is raising funds on Equifund CFP 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. The company owns an oil sands remediation facility and 100% interest in asphalt bitumen exploration leases in Utah. David Sealock founded Sky Quarry in 2019. The current crowdfunding campaign has no minimum target and a maximum target of $18,750,000. The campaign proceeds will be used for capital equipment costs, development and engineering costs, and other costs for the PR Spring facility and ASR facility.

Balance Sheet

Cash and Cash Equivalents

$401,022

Investment Securities

$0

Total Investments

$0

Accounts and Notes Receivable

$7,857

Loans

$0

Property, Plant and Equipment (PP&E)

$344,079

Property and Equipment

$0

Total Assets

$4,061,733

Accounts Payable & Accrued Liabilities

$598,891

Policy Liabilities and Accruals

$0

Deposits

$0

Long Term Debt

$1,491,531

Total Liabilities

$3,786,449

Total Stockholders' Equity

$275,283

Total Liabilities and Equity

$4,061,733

Statement of Comprehensive Income Information

Total Revenues

$20,000

Total Interest Income

$0

Costs & Expenses Applicable to Rev

$500,548

Total Interest Expenses

$0

Depreciation and Amortization

$0

Net Income

$-480,548

Earnings Per Share - Basic

$0

Earnings Per Share - Diluted

$0

Financials as of: 11/24/2021
Log in or create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Starter

$8.33 /month
billed annually
Free portfolio tracking. Limited reports and filters.
Plan Includes:
Everything in Free, plus
Advanced company search ( limited filters)
Founder profiles and exclusive webinars
2 Analyst Reports per month
Get Starter Annual

Pro

$25 /month
billed annually
Unlimited analyst reports and market analytics.
Plan Includes:
Everything in Starter, plus
Full access to all Analyst Reports
Filter on Staff Picks (e.g. Top Deal, Deal to Watch, etc.)
Market Analytics
Get Pro Annual

Merlin

$41.67 /month
billed annually
Full site access including Merlin ratings.
Plan Includes:
Everything in Pro, plus
Search and filter companies by Merlin ratings
Company specific Merlin rating and risk assessment
Get Merlin Annual
Already a member? Log in here.

Analyst Report

Create your first portfolio

Create your very own investment portfolio on KingsCrowd.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Sky Quarry on Equifund CFP 2021
$
Platform: Equifund CFP
Security Type: Equity - Common
Valuation: $37,500,000

Follow company

Follow Sky Quarry on Equifund CFP 2021