Arq Inc amends revolving credit agreement, easing liquidity covenants
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Arq Inc has amended its revolving credit agreement with MidCap Funding IV Trust, easing liquidity covenants. The amendment allows for a temporary reduction in the minimum liquidity requirement to $2 million until February 27, 2026, increasing to $5 million thereafter. Analysts rate ARQ stock as a Buy with a $7.50 price target, though Spark's AI Analyst gives it a Neutral rating due to mixed financial performance and operational challenges. The current market cap is $161.8 million.
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