secwatch.observer — SEC 8-K summary
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Issuer:     Arq, Inc. (ARQ)
CIK:        0001515156
Form:       8-K
Filed at:   2026-04-01T23:59:59+00:00
Accession:  0001515156-26-000041
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Arq enters fifth amendment to credit agreement, adjusts liquidity covenant and borrowing base
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- Replaces minimum liquidity covenant with $2.5M availability reserve, increasing to $5M in Jan 2027.
- Adds eligible equipment and Rolling Stock to borrowing availability calculation.
- Permits higher single customer concentration in Eligible Accounts until August 2026.
- Fifth amendment to Credit, Security and Guaranty Agreement with MidCap Funding IV Trust dated March 31, 2026.
- Amendment fee paid; conditions satisfied; reaffirms security interests and representations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1515156/000151515626000041/0001515156-26-000041-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1515156/000151515626000041/arq-20260331.htm
  HTML page:      https://secwatch.observer/filing/0001515156-26-000041

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