Form 4: Alta Fundamental Advisers LLC Reports Acquisition of Arq, Inc. Shares
SEC Form 4
Alta Fundamental Advisers LLC reports acquiring 12,508 shares of Arq, Inc. common stock at $0 price.
Summary
- Alta Fundamental Advisers LLC reported a transaction involving Arq, Inc. common stock on July 1, 2024.
- The report indicates the acquisition of 12,508 shares of common stock.
- The price per share for this acquisition is reported as $0.
- Following the transaction, the total number of Arq, Inc. securities beneficially owned by the reporting entities is 2,028,963 shares.
- These securities are held directly by Clients, Funds, and Affiliates ('Accounts') managed by Alta Fundamental Advisers LLC ('Alta').
- Gilbert Li, a Director of Arq, Inc., is the Managing Partner of Alta and an investor in these Accounts, making him an indirect beneficial owner of a portion of the shares.
- Alta and Mr. Li disclaim beneficial ownership of these shares except to the extent of their pecuniary interest therein.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a change in beneficial ownership. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.
Key Dates
| Date | Description |
|---|---|
| 07/01/2024 | Date of transaction: Acquisition of Arq, Inc. common stock. |
| 07/03/2024 | Date of report signature by Alta Fundamental Advisers LLC and Alta Fundamental Advisers SP LLC. |
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