Monitor for upcoming stockholder vote on TAPP approval by year-end 2026; absence of approval could trigger early expiration. This is a defensive move likely aimed at preventing ownership changes that could impair net operating loss carryforwards.
Price Chart
Executive Summary
Arq, Inc. extended the duration of its Tax Asset Protection Plan (TAPP) through the Ninth Amendment, setting the Final Expiration Date to December 31, 2027, or earlier if stockholder approval is not obtained by December 31, 2026. This is a routine corporate governance update to preserve tax benefits under Section 382 of the Internal Revenue Code.
Key Facts
- Arq, Inc. entered into the Ninth Amendment to its Tax Asset Protection Plan (TAPP) on April 15, 2026
- The Final Expiration Date of the TAPP is now the earlier of (i) December 31, 2027 or (ii) December 31, 2026 if stockholder approval is not obtained
- The amendment modifies the expiration terms and associated provisions in the plan documents
- No financial terms, deal value, or material economic impact is disclosed
- The filing includes only amendments to the rights of security holders related to the TAPP
Financial Impact
No direct financial impact disclosed; procedural extension of existing tax protection plan
Risk Factors
- If stockholders do not approve the plan by December 31, 2026, the protection will expire early
- Potential perception of entrenchment or anti-takeover posture may affect investor sentiment
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001515156-26-000045 |
| Exhibit: ex41-ninthamendmenttotaxas.htm | 0001515156-26-000045 |
| Document: 0001515156-26-000045-index-headers.html | 0001515156-26-000045 |
| Document: 0001515156-26-000045-index.html | 0001515156-26-000045 |
| Document: 0001515156-26-000045.txt | 0001515156-26-000045 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 30, 2026 26d ago | Press Release | $1.89 | awaiting T+60 | — | $1.74 (−7.94%) |
Aug 10, 2026 11w ago | 8-K | $2.27 | awaiting T+60 | — | $1.74 (−23.35%) |
Aug 10, 2026 11w ago | Press Release | $2.27 | awaiting T+60 | — | $1.74 (−23.35%) |
Jul 23, 2026 13w ago | 8-K | $2.03 $1.78 | ▼ −12.10% | ▼ −15.83% | $1.74 (−14.07%) |
Jun 18, 2026 18w ago | 8-K | $2.58 $2.07 | ▼ −19.77% | ▼ −21.51% | $1.74 (−32.56%) |
Jun 11, 2026 19w ago | 8-K | $2.68 $2.21 | ▼ −17.54% | ▼ −20.80% | $1.74 (−35.07%) |
May 27, 2026 21w ago | 8-K | $2.75 $2.30 | ▼ −16.36% | ▼ −18.10% | $1.74 (−36.73%) |
May 6, 2026 24w ago | 8-K | $2.59 $2.01 | ▼ −22.39% | ▼ −26.23% | $1.74 (−32.82%) |
May 1, 2026 25w ago | 8-K | $2.45 $1.94 | ▼ −20.82% | ▼ −22.67% | $1.74 (−28.98%) |
Apr 28, 2026 25w ago | DEFA14A | $2.23 $2.03 | ▼ −9.19% | ▼ −13.30% | $1.74 (−21.97%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers