Arq, Inc. Shareholders Are Encouraged to Reach Out to Johnson Fistel for More Information About Potentially Recovering Their Losses

Core Viewpoint - Johnson Fistel, PLLP is investigating potential claims on behalf of investors of Arq, Inc. due to significant setbacks related to its granular activated carbon facility, which may have led to investor losses under federal securities laws [1][6]. Company Developments - On March 9, 2026, Arq, Inc. announced that its GAC production and development had been paused, and the Corbin, Kentucky facility had been idled [3]. - The facility's thermal oxidizer emissions control system limited production capacity to approximately 15 million pounds annually, leading to a recorded impairment charge of $44.8 million related to the Corbin assets [4]. - Arq is currently engaged in litigation with the engineering consultant responsible for the plant's design [4]. Financial Guidance - Arq's 2026 financial guidance excludes any contribution from the GAC initiative, projecting revenue of approximately $120 million to $125 million and adjusted EBITDA of approximately $17 million to $20 million, derived solely from its powdered activated carbon business [5]. - Following these disclosures, Arq's share price experienced a decline [5].