Arq, Inc. (ARQ) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Medium Risk
Moderate dilution risk
Last updated: May 06, 2026

Risk Assessment Details

Potential Dilution: 0.0% of current shares
Recent Dilution: 24.11% (2 years)
Historical Dilution Factor: moderate recent dilution
Outstanding Shares
42M
Potential Supply
0
Additional shares possible
Splits
None
Past 2 years

Summary

ARQ currently has 41.7M outstanding shares. with minimal authorized share overhang for future dilution. The company has diluted shareholders by 24.11% over the past 2 years through share issuances.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 06, 2026

10-Q filing | 41.7M shares outstanding

42M 0
Nov 05, 2025

10-Q filing | 41.6M shares outstanding

42M 0
Aug 11, 2025

10-Q filing | 41.5M shares outstanding

42M 0
May 07, 2025

10-Q filing | 42.5M shares outstanding

43M 0
Mar 05, 2025

10-K filing | 42.0M shares outstanding

42M 0
Nov 07, 2024

10-Q filing | 42.0M shares outstanding

42M 0
Sep 20, 2024

8-K filing: Arq, Inc. entered into an underwriting agreement to issue and sell 4,770,000 shares of common stock at $5.25 per share, with an option for the underwriters to purchase an additional 715,500 shares. ($25.04M proceeds)

34M 870K
Aug 23, 2024

S-3 filing: Arq, Inc. files an S-3 registration statement relating to the issuance and sale of securities with an aggregate initial offering price of up to $100,000,000.

34M 870K
Aug 12, 2024

10-Q filing | 34.4M shares outstanding

34M 870K
May 28, 2024

S-3 filing: The selling stockholders may offer and sell, from time to time, up to 2,142,858 shares of common stock.

37M 0
May 16, 2024

8-K filing: Arq, Inc. entered into a securities purchase agreement for the private placement of 2,142,858 shares of common stock at $7.00 per share, with gross proceeds of approximately $15 million. ($15.0M proceeds)

37M 0
May 08, 2024

10-Q filing | 37.1M shares outstanding

37M 0
Mar 12, 2024

10-K filing | 33.2M shares outstanding

33M 0
Jan 26, 2024

S-3/A filing: This is an S-3/A filing including exhibits such as the form of underwriting agreement, amended certificate of incorporation, bylaws, tax asset protection plan amendments, form of warrant, and financial statements.

32M 1.3M
Jan 04, 2024

S-1 filing: This is an S-1 filing including information on stock warrants and common stock issuances.

32M 1.3M
Nov 08, 2023

10-Q filing | 31.8M shares outstanding

32M 0
Aug 09, 2023

10-Q filing | 32.7M shares outstanding

33M 0
May 09, 2023

10-Q filing | 27.2M shares outstanding

27M 0
Mar 08, 2023

10-K filing | 26.8M shares outstanding

27M 0
Feb 01, 2023

8-K filing: Advanced Emissions Solutions, Inc. acquired all of the direct and indirect equity interests of Arq's subsidiaries in exchange for 3,814,864 shares of common stock and 5,294,462 shares of Series A Convertible Preferred Stock and also issued a warrant to CF Global to purchase 325,457 shares of Common Stock.

18M 0
Nov 08, 2022

10-Q filing | 18.5M shares outstanding

18M 0
Aug 15, 2022

10-Q filing | 18.5M shares outstanding

18M 0
May 09, 2022

10-Q filing | 18.3M shares outstanding

18M 0
Mar 08, 2022

10-K filing | 18.5M shares outstanding

18M 0
Nov 09, 2021

10-Q filing | 18.5M shares outstanding

18M 0
Aug 09, 2021

10-Q filing | 18.4M shares outstanding

18M 0
May 10, 2021

10-Q filing | 18.3M shares outstanding

18M 0
Mar 10, 2021

10-K filing | 18.0M shares outstanding

18M 0
Nov 09, 2020

10-Q filing | 18.1M shares outstanding

18M 0
Aug 10, 2020

10-Q filing | 18.0M shares outstanding

18M 0
May 11, 2020

10-Q filing | 18.4M shares outstanding

18M 0
Mar 16, 2020

10-K filing | 18.3M shares outstanding

18M 0
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