Arq (ARQ) Announces $15M PIPE Transaction
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Arq Announces $15 Million PIPE Transaction
May 16, 2024 7:45 AM EDTEntered Into $15 million PIPE at $7.00 per share, reflecting a roughly 3% discount to yesterday's close
Transaction resulted from unsolicited offer from new, accredited institutional investor
Bolsters long-term growth strategy, provides additional third-party validation of strategy and prospects
GREENWOOD VILLAGE, Colo., May 16, 2024 (GLOBE NEWSWIRE) -- Arq, Inc. (NASDAQ: ARQ) (the "Company" or "Arq"), a producer of activated carbon and other environmentally efficient carbon products for use in purification and sustainable materials, today announced that it has entered into a... More
