---
schema_version: "secwatch.filing_event.v1"
accession: "0001515156-23-000042"
form_type: "8-K"
ticker: "ARQ"
cik: "0001515156"
company_name: "Arq, Inc."
filed_at: "2023-03-29T23:59:59+00:00"
generated_at: "2026-06-17T10:19:51.281653+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# ADES closes Marshall Mine sale; pays $2.2M, gains $2.7M, removes $4.9M liability

## Summary
- Company paid $2.2M to Caddo Creek Resources in exchange for assumption of $4.9M asset retirement obligation.
- Recognized a gain of approximately $2.7M from the transaction.
- Transaction closed on March 27, 2023, after Railroad Commission of Texas approval and bond replacement.
- CEO states sale fortifies balance sheet and supports growth plans for 2023.

## SEC filing metadata
- accession: 0001515156-23-000042
- form_type: 8-K
- ticker: ARQ
- cik: 0001515156
- company_name: Arq, Inc.
- filed_at: 2023-03-29T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1515156/000151515623000042/0001515156-23-000042-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1515156/000151515623000042/ades-20230327.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001515156-23-000042
- JSON: https://secwatch.observer/filing/0001515156-23-000042.json
- Plain text: https://secwatch.observer/filing/0001515156-23-000042.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.