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ARQ Arq Inc

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  • 4.890
  • -0.330-6.32%
Close Mar 3 16:00 ET
205.54MMarket Cap163.00P/E (TTM)
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    Jaguar8
    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...
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