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Recent Updates — ARQ

August 28, 2026View Source ↗

Arq, Inc. appointed Peter Owino as Chief Accounting Officer effective September 1, 2026. Mr. Owino previously served as the company's interim chief accounting officer through a consulting agreement with Princeton Business Consulting. His employment agreement includes an annual base salary of $350,000 and eligibility for short-term and long-term incentive plans. He received 100,000 restricted stock awards as an inducement to join, vesting over three years. The company operates in the environmental technology sector, producing activated carbon and other sustainable materials.

August 10, 2026View Source ↗

Arq, Inc. reported second quarter 2026 financial results, generating revenue of $29.9 million, a 5% increase from the prior year period, driven by higher pricing and volumes. Adjusted EBITDA rose 59% to $5.8 million, marking the ninth consecutive quarter of positive performance, while gross margin expanded to 38.5%. The company reported a net loss of $0.7 million compared to a $2.4 million adjusted net loss in the prior year period. Arq reaffirmed its full-year 2026 guidance for revenue between $120 million and $125 million and Adjusted EBITDA between $17 million and $20 million. The company also announced the appointment of Shimon Steinmetz as Chief Financial Officer in May 2026, who began his role in July. Arq, Inc. is a vertically integrated producer of activated carbon products for purification and sustainable materials.

July 23, 2026View Source ↗

Arq, Inc. amended its employment agreement with CEO Robert Rasmus to establish a term ending July 23, 2029, and set his annual salary at $50,000. The company granted 600,000 time-based RSUs and 600,000 performance-based RSUs under the 2026 Omnibus Incentive Plan, with performance thresholds for the stock price VWAP at $3.00, $6.00, and $9.00. Additionally, the company amended an existing inducement RSU award agreement to extend the performance period for 400,000 inducement RSUs to July 17, 2029. Arq, Inc. provides environmental and energy-related technology and services.

July 2, 2026View Source ↗

Stacia Hansen resigned as Chief Accounting Officer effective June 12, 2026. Under a Separation Agreement effective June 30, 2026, Ms. Hansen will receive a severance payment of $108,333 in exchange for customary confidentiality and release of claims. Arq, Inc. provides specialized software and services for the energy and industrial sectors.

June 18, 2026View Source ↗

Arq, Inc. appointed Peter Owino as Interim Chief Accounting Officer effective June 12, 2026, under a consulting agreement with Princeton Business Consulting, LLC, which includes an hourly fee of $350 with a monthly cap of $63,000. Additionally, Bob Rasmus, the current CEO, is designated as the Company's principal financial officer until Shimon Steinmetz joins as CFO on or around July 27, 2026. Arq, Inc. operates in the environmental technology and carbon management sector.

June 11, 2026View Source ↗

On June 10, 2026, Arq, Inc. stockholders approved the 2026 Omnibus Incentive Plan, authorizing the issuance of up to 1,500,000 shares of common stock for equity and cash-based awards to employees, directors, and consultants. Stockholders also approved the Ninth Amendment to the company's Tax Asset Protection Plan. Other meeting results included the election of six directors, the advisory approval of executive compensation, and the ratification of Baker Tilly US, LLP as the independent auditor for fiscal year 2026. Arq, Inc. operates in the technology sector providing software and services for the energy industry.