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Arq announces common stock offering, no amount given

Arq announces common stock offering, no amount given

Arq announced that it has commenced an underwritten public offering of shares of its common stock for sale in an underwritten public offering. All of the shares in the offering are being offered by Arq. Arq intends to use the net proceeds from this proposed offering for general corporate purposes, which may include working capital, capital expenditures, including continued construction of granular activated carbon facilities at Arq’s Red River and Corbin manufacturing facilities located in Coushatta, Louisiana and Corbin, Kentucky, respectively, research and development expenditures, commercial expenditures, debt service costs and repayment, acquisitions of new technologies, products or businesses, and investments. Canaccord Genuity and Roth Capital Partners are acting as joint bookrunners for the offering.

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