Sky Quarry Appoints New Board Members with AI, Real-World Asset Tokenization and Public Markets Experience

Rhea-AI Summary

Sky Quarry (NASDAQ:SKYQ) appointed three independent directors—Omar Hussein, Alexander Monje, and Robert Byrne—effective November 21, 2025, and announced January 15, 2026. The additions follow a Board size increase approved in August 2025 and bring a combined 50 years of experience, expanding expertise in AI, real-world asset tokenization, capital markets, and public company governance. All three are independent under NASDAQ rules, creating a majority independent board. Biographies note prior roles in investment banking, AI-driven fintech, securities law, capital markets transactions, and tokenization advisory services.

Positive

• Board now has a majority of independent directors
• Adds AI and real‑estate fintech experience through Omar Hussein
• Adds capital markets and governance expertise through Alexander Monje
• Adds tokenization and corporate finance experience through Robert Byrne
• Combined 50 years of experience at Board level

Negative

• None.

News Market Reaction

-4.95%

18 alerts

-4.95% News Effect

+27.4% Peak Tracked

-15.4% Trough Tracked

-$556K Valuation Impact

$11M Market Cap

0.2x Rel. Volume

On the day this news was published, SKYQ declined 4.95%, reflecting a moderate negative market reaction. Argus tracked a peak move of +27.4% during that session. Argus tracked a trough of -15.4% from its starting point during tracking. Our momentum scanner triggered 18 alerts that day, indicating notable trading interest and price volatility. This price movement removed approximately $556K from the company's valuation, bringing the market cap to $11M at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

New board members: 3 directors Board experience: 50 years

2 metrics

New board members 3 directors Appointments to Sky Quarry’s Board on November 21, 2025

Board experience 50 years Combined capital markets and advisory experience of new directors

Market Reality Check

Price: $0.3400 Vol: Volume 2,593,545 is 0.16x...

low vol

$0.3400 Last Close

Volume Volume 2,593,545 is 0.16x the 20-day average of 16,580,719, indicating subdued trading. low

Technical Price 0.3778 is trading below the 200-day MA of 0.56, reflecting a weaker longer-term trend.

Peers on Argus

SKYQ shows a -15.78% move with volume at 0.16x average, while 3 momentum peers (...

3 Down

SKYQ shows a -15.78% move with volume at 0.16x average, while 3 momentum peers (BATL, BRN, TPET) also moved down (median about -4.8%), pointing to broader sector pressure.

Historical Context

5 past events · Latest: Jan 13 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Jan 13	Power RFP launch	Positive	-10.6%	RFP to monetize 7 MW gas turbine power capacity at PR Spring facility.
Oct 22	RWA token progress	Positive	-2.9%	Update on real-world asset tokens and exchange platform development.
Sep 30	Digital treasury plan	Positive	+36.0%	Launch of digital asset treasury strategy with up to $100M in capital.
Sep 11	CEO appointment	Positive	+0.2%	Co-founder Marcus Laun appointed interim CEO with digital asset focus.
Aug 26	Investor webinar	Neutral	-2.1%	Announcement of investor webinar on digital treasury and tokenization.

Pattern Detected

Strategic and digital-asset updates have produced mixed reactions: some positive governance/strategy news aligned with gains, while other seemingly constructive operational or tokenization updates saw negative follow-through.

Recent Company History

Over the last few months, Sky Quarry combined operational moves with a digital-asset strategy. On Aug 26, 2025, it promoted a webinar on digital treasury concepts ahead of broader announcements. This was followed by appointing co-founder Marcus Laun as interim CEO on Sep 11, 2025 and unveiling a digital asset treasury strategy with up to $100 million in authorized capital on Sep 30, 2025. Subsequent updates, including progress on real‑world asset tokens and a 7 MW power-monetization RFP, drew mixed price reactions, framing today’s board-focused governance news within an ongoing capital-markets and tokenization narrative.

Regulatory & Risk Context

Active S-3 Shelf · $1,000,000,000

Shelf Active

Active S-3 Shelf Registration 2025-11-21

$1,000,000,000 registered capacity

An effective Form S-3 shelf filed on 2025-11-21 allows Sky Quarry to offer up to $1,000,000,000 in various securities over time, with proceeds earmarked for working capital, general corporate purposes, and potential acquisitions or investments. The company is constrained by smaller reporting company limits on how much non-affiliate equity it can sell within any twelve-month period.

Market Pulse Summary

This announcement adds three independent directors with experience in AI, capital markets and real‑w...

Analysis

This announcement adds three independent directors with experience in AI, capital markets and real‑world asset tokenization, reinforcing board independence and governance. It builds on a series of digital treasury and tokenization initiatives and recent capital markets activity, including a Form S-3 shelf for up to $1,000,000,000 of securities. Investors may watch how this board’s expertise influences future financing structures, digital asset strategies, and execution on monetizing assets like the 7 MW power capacity.

Key Terms

real-world asset tokenization, initial public offerings, PIPEs, registered direct offerings, +3 more

7 terms

real-world asset tokenization financial

"advised issuers on digital asset treasury and real-world asset tokenization strategies"

Converting a physical or financial item—like real estate, artwork, or a bond—into digital tokens that represent ownership or rights on a secure digital ledger. Think of slicing a house into many small, tradable shares so more people can buy pieces, trades settle faster, and markets can become more liquid; investors gain easier access and flexibility but also face new legal, custody and technology risks.

initial public offerings financial

"served as Chief Financial Officer of multiple companies preparing for initial public offerings"

An initial public offering is the first time a private company sells shares to the general public so anyone can buy ownership stakes and those shares begin trading on a stock exchange. For investors it creates a new chance to buy into a company’s future growth but also brings uncertainty about price and performance, like joining a new club where you don’t yet know how popular or well-run it will become.

PIPEs financial

"strategic financings, including PIPEs, registered direct offerings, and Regulation A"

Pipes are private placements where outside investors buy newly issued shares or convertible securities directly from a public company to raise fast capital. Think of it as a quick, by-invitation cash infusion that can keep a company running but often comes at a discount and increases the total number of shares, which can dilute existing owners; investors watch pipes for signs of financial need, dilution risk, and potential future upside.

registered direct offerings financial

"strategic financings, including PIPEs, registered direct offerings, and Regulation A"

A registered direct offering is a way a publicly traded company sells new shares directly to selected investors under a registration with regulators, combining the paperwork of a public sale with the speed of a private deal. For investors it matters because it can dilute existing holdings and signal a company’s need for cash, while offering participating buyers quick access to newly issued stock often at negotiated terms — like buying extra tickets before they go on general sale.

Regulation A regulatory

"strategic financings, including PIPEs, registered direct offerings, and Regulation A"

Regulation A is a U.S. securities rule that lets smaller or growing companies offer shares to the public with simpler paperwork and lower costs than a full stock market listing, acting as a middle ground between private fundraising and a traditional public offering. For investors it matters because it opens access to early-stage opportunities that would otherwise be private, but these offerings can carry higher risk and different disclosure standards than large, fully listed companies.

Regulation Crowdfunding regulatory

"including PIPEs, registered direct offerings, and Regulation A and Regulation Crowdfunding"

Regulation crowdfunding is a set of rules that lets small businesses raise money by selling equity or debt to many everyday investors through online platforms, with limits on how much can be raised and what each person can invest. It matters to investors because it opens access to early-stage opportunities like a community-funded startup — offering potential upside but also higher risk, limited liquidity, and smaller disclosure requirements than public markets.

mergers and acquisitions financial

"worked as an investment banker focused on mergers and acquisitions and capital markets"

Mergers and acquisitions are processes where companies combine or one company purchases another to grow or improve their business. Think of it like two teams joining forces or one team buying out another to become stronger and more competitive. These activities matter to investors because they can influence a company's value, future growth, and overall market position.

AI-generated analysis. Not financial advice.

Addition of Three New Board Members Brings a Combined 50 Years of Experience and Bolsters Governance with a Majority Independent Board

WOODS CROSS, UT / ACCESS Newswire / January 15, 2026 / Sky Quarry Inc. (NASDAQ:SKYQ) ("Sky Quarry" or "the Company"), an integrated energy solutions company committed to transforming the waste asphalt shingle recycling industry, today announced that on November 21, 2025, its Board of Directors appointed Omar Hussein, Alexander Monje, and Robert Byrne to join the Company's Board. The appointments fill vacancies created by an increase in the size of the Board approved in August 2025. Each of the newly appointed directors is considered independent under NASDAQ listing rules. The Company previously disclosed these appointments in a Form 8-K on November 21, 2025.

"I am pleased to announce the addition of these highly qualified candidates to our Board. They have already begun creating meaningful value for shareholders and add multiple dimensions of expertise at the Board level. I encourage shareholders to review the following biographies in detail to fully appreciate the strategic benefits these three additions represent," said Marcus Laun, Chief Executive Officer of Sky Quarry.

"Their decision to join the Board is also a reflection of Sky Quarry itself. They have committed their time and expertise to help unlock the inherent value of our existing platform and to help shape a dynamic and compelling future for the Company."

Omar Hussein is the Co-Founder and Chief Strategic Officer of ConvergeFi, a venture-backed artificial intelligence company transforming real estate lending. He has previously served as Chief Financial Officer of multiple companies preparing for initial public offerings and has worked as an investment banker focused on mergers and acquisitions and capital markets at Citigroup and Morgan Stanley. Mr. Hussein holds an MBA from Stanford University Graduate School of Business and a BA from New York University.

Alexander Monje is a Partner and Chief Legal Officer of 10X Capital. He has served in senior legal, capital markets, and governance roles for public and private companies, including as a board member and chairman of publicly traded companies. Mr. Monje was previously part of the sponsor team of Digital World Acquisition Corp. and has worked as a commercial and securities litigator, as well as in institutional equity sales and wealth management. He holds an MBA from the University of North Carolina Kenan-Flagler Business School and a JD from the University of Miami School of Law.

Robert Byrne brings nearly three decades of experience as an entrepreneur, trader, and capital markets adviser to public and private companies. He currently serves as a principal and strategic advisor through Alpha Nine Ventures Ltd. and as President of TB Byrne & Associates, advising companies on corporate finance, restructuring, recapitalizations, and strategic financings, including PIPEs, registered direct offerings, and Regulation A and Regulation Crowdfunding transactions. Mr. Byrne has also advised issuers on digital asset treasury and real-world asset tokenization strategies and is a long-standing contributor to TheStreet.com.

About Sky Quarry Inc.

Sky Quarry Inc. (NASDAQ:SKYQ) and its subsidiaries are, collectively, an oil production, refining, and development-stage environmental remediation company formed to deploy technologies to facilitate the recycling of waste asphalt shingles and remediation of oil-saturated sands and soils. Our waste-to-energy mission is to repurpose and upcycle millions of tons of asphalt shingle waste, diverting them from landfills. By doing so, we can contribute to improved waste management, promote resource efficiency, conserve natural resources, and reduce environmental impact. For more information, please visit skyquarry.com.

Forward-Looking Statements

This press release may include "forward-looking statements." All statements pertaining to our future financial and/or operating results, future events, or future developments may constitute forward-looking statements. The statements may be identified by words such as "expect," "look forward to," "anticipate," "intend," "plan," "believe," "seek," "estimate," "will," "project," or words of similar meaning. Such statements are based on the current expectations and certain assumptions of our management, of which many are beyond our control. These are subject to a number of risks, uncertainties, and factors, including but not limited to those described in our disclosures. Should one or more of these risks or uncertainties materialize or should underlying expectations not occur or assumptions prove incorrect, actual results, performance, or our achievements may (negatively or positively) vary materially from those described explicitly or implicitly in the relevant forward-looking statement. We neither intend, nor assume any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated. You are urged to carefully review and consider any cautionary statements and the Company's other disclosures, including the statements made under the heading "Risk Factors" and elsewhere in the Company's Form 10-K as filed with the SEC on March 31, 2025, and all amendments thereto, as well as the Company's Form 10-Q as filed with the SEC on November 14, 2025. Forward-looking statements speak only as of the date of the document in which they are contained.

Investor Relations
Jennifer Standley
Director of Investor Relations
IR@skyquarry.com

Company Website
www.skyquarry.com

SOURCE: Sky Quarry

View the original press release on ACCESS Newswire

FAQ

When did Sky Quarry (SKYQ) appoint the three new directors?

The company appointed the three directors on November 21, 2025 and announced it on January 15, 2026.

What expertise do the new Sky Quarry (SKYQ) board members bring?

They bring experience in AI/real‑estate fintech, securities law and capital markets, and real‑world asset tokenization.

How does the Sky Quarry (SKYQ) board change affect independence?

All three appointees are independent under NASDAQ rules, giving the company a majority independent board.

Why were the board seats added at Sky Quarry (SKYQ)?

The seats filled vacancies created by an August 2025 Board size increase approved earlier.

Which Sky Quarry (SKYQ) director has AI and fintech experience?

Omar Hussein is noted for co‑founding an AI real‑estate lending company and prior investment banking and CFO roles.

Which Sky Quarry (SKYQ) director has tokenization and capital markets advisory experience?

Robert Byrne has advised on digital asset treasury and real‑world asset tokenization and corporate financings.