Advanced Emissions Solutions to merge with Arq Limited

Advanced Emissions Solutions, Inc. (ADES) entered into a definitive merger agreement with Arq Limited to combine their businesses. ADES shareholders will retain at least 47.4% of the combined company, and a concurrent equity placement of $20 million from Arq investors is planned.

“Advanced Emissions Solutions, Inc. today announced that it has entered into a definitive merger agreement with Arq Limited, pursuant to which Arq and ADES will combine their respective businesses.”sec.gov

• 1 source
• sec.govDocumentAug 19, 2022

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