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ARQ Arq Inc

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5.910
+0.080+1.37%

Close Feb 14 16:00 ET

5.710
-0.200-3.38%

Pre 04:51 ET

248.41MMarket Cap197.00P/E (TTM)

Arq Inc Stock Forum

Jaguar8

May 16, 2024 06:46

$Arq Inc (ARQ.US)$
NEWS
Arq Announces $15 Million PIPE Transaction
Arq announced a $15 million PIPE (Private Investment in Public Equity) transaction with a new institutional investor at $7.00 per share, reflecting a 3% discount to the previous day's closing price. This results in the issuance of approximately 2,142,858 common shares, representing a 5.7% ownership stake in the company. The transaction was unsolicited and follows Arq's Q1 2024 earnings report. The company plans to file a registrat...