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A Florida state court has approved a settlement agreement between Sky Quarry, Inc.
and LendSpark Corporation, a resolution that grants the plaintiff an exemption from federal securities registration requirements for shares issued as part of the deal.
The ruling, entered on October 2, 2026, by the Circuit Court of the Twelfth Judicial Circuit in and for DeSoto County, clears the path for Sky Quarry to issue shares to LendSpark in exchange for the release of certain claims, a move that avoids the standard registration process under the Securities Act of 1933.
The legal instrument, filed as an exhibit to Sky Quarry's Form 8-K, details the court's findings after a hearing held on the fairness of the settlement terms.
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