{"schema_version":"secwatch.filing_event.v1","accession":"0001515156-26-000002","form_type":"8-K","ticker":"ARQ","cik":"0001515156","company_name":"Arq, Inc.","filed_at":"2026-01-29T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.287601+00:00","generated_at":"2026-05-16T06:25:22.881619+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"confidence":"high","headline":"Arq amends credit agreement; borrow-base & liquidity relief extended to Feb 2026","bullets":["Third Amendment to Revolving Credit Agreement with MidCap Funding IV Trust.","Inventory borrowing base advance rate: 50% thru 2/27/2026, then drops to 40%.","Minimum liquidity reduced to $2.0M until 2/27/2026, then steps up to $5.0M.","Eligible accounts concentration limits raised temporarily until Feb 2026.","All other terms of the $125M credit facility remain unchanged per filing."],"urls":{"canonical":"https://secwatch.observer/filing/0001515156-26-000002","json":"https://secwatch.observer/filing/0001515156-26-000002.json","markdown":"https://secwatch.observer/filing/0001515156-26-000002.md","text":"https://secwatch.observer/filing/0001515156-26-000002.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1515156/000151515626000002/0001515156-26-000002-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1515156/000151515626000002/ades-20260128.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T06:25:22.881619+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":[{"claim_id":"41a2abfec029707c39340e8d7b786f4db51db1a5","claim":"Arq, Inc. amended Third Amendment with MidCap Funding IV Trust (effective 2026-01-28).","evidence_excerpt":"entered into the third amendment (the \"Third Amendment\") to the Credit, Security and Guaranty Agreement (the \"Revolving Credit Agreement\"), dated December 27, 2024, as amended on May 6, 2025 and December 9, 2025, with MidCap Funding IV Trust, in its capacity as agent","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1515156/000151515626000002/0001515156-26-000002-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"MidCap Funding IV Trust"},{"label":"Effective","value":"2026-01-28"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}