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Sky Quarry Inc. (NASDAQ:SKYQ) announced Friday that Robert Byrne, Alexander Monje, and Omar Hussein have been appointed to its board of directors as independent members. The appointments fill vacancies created by an increase in the board’s size in August 2025, according to a statement issued in a regulatory filing.
Robert Byrne brings nearly 30 years of experience as an entrepreneur, trader, and capital markets adviser. Since September 2024, he has served as principal and strategic advisor at Alpha Nine Ventures LTD and has held advisory roles at TB Byrne & Associates since 2021. His background includes work in acquisitions, corporate finance, restructuring, and advising boards of micro- and small-cap companies on capital structure and financing strategies.
Alexander Monje is a partner and chief legal officer at 10X Capital, a role he has held since 2022. He previously served as a board member at CEA Industries, Inc., and was part of the sponsor team at Digital World Acquisition Corp., which later merged with Trump Media & Technology Group (NASDAQ:DJT). Monje has experience in law, equity sales, and wealth management, and has served on the boards of several public companies.
Omar Hussein is the co-founder and chief strategic officer of ConvergeFi, a venture-backed artificial intelligence company in real estate lending. He previously held chief financial officer roles at companies preparing for initial public offerings, including Sparks Energy and PrimeBlock. Hussein has also worked as an investment banker at Citigroup and BMO Capital Markets and has experience with startup companies and venture capital.
The company stated that all three new directors are considered independent under Nasdaq Rule 5605(a)(2) and will be eligible to participate in Sky Quarry’s standard compensation program for non-employee directors. There are no arrangements or understandings related to their appointments, and no related party transactions requiring disclosure were identified.
The information in this article is based on a press release statement contained in a recent SEC filing.
In other recent news, Rezolve AI plc has filed its interim financial statements for the first half of 2025 with the U.S. Securities and Exchange Commission. These unaudited financial statements cover the six months ending June 30, 2025, and include management’s discussion and analysis of the company’s financial condition and results of operations. In another development, SMX (Security Matters) Public Ltd Co announced an amendment to its 2022 Incentive Equity Plan, significantly increasing the number of authorized ordinary shares. Following this amendment, SMX granted a total of 6,160,000 restricted stock units and 1,950,000 stock options to various company executives and advisors. Meanwhile, VIP Play, Inc. has approved changes to its 2023 stock option plan, increasing the number of shares available and introducing the ability to grant Restricted Stock Units (RSUs). The board of VIP Play awarded 7,284,464 RSUs to its CEO and 500,000 RSUs to its Vice President of Operations, with a portion of these units vesting immediately. These recent developments reflect ongoing strategic decisions and financial disclosures among these companies.
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