Arq Inc. and certain of its subsidiaries have entered into a second amendment to their existing Revolving Credit Agreement with MidCap Funding IV Trust and other lenders. The amendment, signed on December 9, 2025, modifies the calculation for borrowing availability and updates the company's minimum liquidity covenant. Under the new terms, Arq Inc. is required to maintain a minimum liquidity of $2.0 million from December 10, 2025, through January 30, 2026, increasing to $5.0 million from January 31, 2026, onwards. The changes are intended to provide the company with greater financial flexibility during the specified period.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Arq Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001515156-25-000151), on December 11, 2025, and is solely responsible for the information contained therein.