{"schema_version":"secwatch.filing_event.v1","accession":"0001515156-25-000002","form_type":"8-K","ticker":"ARQ","cik":"0001515156","company_name":"Arq, Inc.","filed_at":"2025-01-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.855181+00:00","generated_at":"2026-05-28T18:10:42.250829+00:00","sec_items":["1.01","1.02","2.03","7.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Arq closes $30M revolving credit facility, refinances prior term loan","bullets":["New $30M asset-based revolver with MidCap Financial; 5-year term, SOFR+4.5% (floor 2.5%).","Borrowing base: 85% eligible AR + 85% net orderly liquidation value of inventory.","Proceeds used to repay ~$11.45M CF Global Term Loan (incl. $220K prepayment premium).","Funds also support growth capex at Red River plant and working capital needs.","Board member Jeremy Blank had indirect 10% earnings interest in prior CF Global loan."],"urls":{"canonical":"https://secwatch.observer/filing/0001515156-25-000002","json":"https://secwatch.observer/filing/0001515156-25-000002.json","markdown":"https://secwatch.observer/filing/0001515156-25-000002.md","text":"https://secwatch.observer/filing/0001515156-25-000002.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1515156/000151515625000002/0001515156-25-000002-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1515156/000151515625000002/ades-20241227.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-28T18:10:42.250829+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}