secwatch.observer — SEC 8-K summary
======================================

Issuer:     Arq, Inc. (ARQ)
CIK:        0001515156
Form:       8-K
Filed at:   2024-02-13T23:59:59+00:00
Accession:  0001515156-24-000029
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Arq, Inc. amends supply agreement with Norit Americas, modifying product mix and volume terms
--------------------------------------------------------------------------------

- Amendment changes the mix of furnace products purchased by Norit Americas, including PAC and GAC.
- Maximum annual volume increased to 100 million pounds (90 million for 2024) under the agreement.
- New monthly ordering procedures and Level Load requirements for products were introduced.
- Stranded cost recovery triggered if Buyer purchases less than 95% of Annual Target Volume in a year.
- Capital projects to increase GAC capacity to 35 million pounds per contract year upon completion.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1515156/000151515624000029/0001515156-24-000029-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1515156/000151515624000029/ades-20240208.htm
  HTML page:      https://secwatch.observer/filing/0001515156-24-000029

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer