secwatch.observer — SEC 8-K summary
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Issuer:     Arq, Inc. (ARQ)
CIK:        0001515156
Form:       8-K
Filed at:   2026-03-03T23:59:59+00:00
Accession:  0001515156-26-000008
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Arq amends credit agreement to lower minimum liquidity covenant through March 2026
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- Fourth Amendment to revolving credit agreement with MidCap Funding IV Trust, dated Feb 27, 2026.
- Minimum liquidity reduced to $2.0M through March 31, 2026, then $5.0M thereafter (previously higher).
- Inventory borrowing base capped at 50% of revolver limit until March 31, then 40% after.
- Individual account concentration limit set at 40% until March 31, then 25%; top two at 50%, then 40%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1515156/000151515626000008/0001515156-26-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1515156/000151515626000008/ades-20260227.htm
  HTML page:      https://secwatch.observer/filing/0001515156-26-000008

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