Arq (ARQ) Registration Filing summary

Company overview and business model

• Operates as an environmental technology company focused on consumable air, water, and soil treatment solutions, primarily using activated carbon (AC) products.

• AC products are used to reduce contaminants such as mercury and PFAS, serving coal-fired power generation, industrial, and water treatment markets.

• Owns the Five Forks Mine for raw material supply and acquired Legacy Arq, gaining access to bituminous coal waste reserves and a manufacturing facility in Kentucky.

• Developing Arq Powder, a microfine carbon powder from coal waste, expected to be used in new GAC products and as an additive in other markets by end of 2024.

• Rebranded as Arq, Inc. in February 2024, with common stock trading under the symbol "ARQ".

Use of proceeds and capital allocation

• Net proceeds from securities sales will be used for general corporate purposes, including working capital, capital expenditures, R&D, commercial expenditures, debt service and repayment, acquisitions, and investments.

• The timing and allocation of proceeds will depend on funding requirements and capital availability.

Risk factors and disclosures

• Investment involves a high degree of risk, including risks detailed in the most recent Annual Report on Form 10-K and subsequent SEC filings.

• Risks include integration of acquisitions, market competition, regulatory changes, supply chain challenges, and macroeconomic uncertainties.

• Forward-looking statements are subject to uncertainties, and actual results may differ materially due to various factors.