secwatch.observer — SEC 8-K summary
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Issuer:     Arq, Inc. (ARQ)
CIK:        0001515156
Form:       8-K
Filed at:   2026-01-29T23:59:59+00:00
Accession:  0001515156-26-000002
Event type: debt
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Arq amends credit agreement; borrow-base & liquidity relief extended to Feb 2026
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1515156/000151515626000002/0001515156-26-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1515156/000151515626000002/ades-20260128.htm
  HTML page:      https://secwatch.observer/filing/0001515156-26-000002

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