Advanced Emissions Solutions has entered into a merger agreement with Arq Limited, which has developed and patented a new technology for using coal mine waste. ADES shareholders will receive $10 million, or $0.52 per share, and between 47.4% and 49.5% of combined company. Merger is expected to be completed in the fourth quarter of this year or the first quarter of 2023.
Advanced Emissions Solutions has entered into a merger agreement with Arq Limited, which has developed and patented a new technology for using coal mine waste. ADES shareholders will receive $10 million, or $0.52 per share, and between 47.4% and 49.5% of combined company. Merger is expected to be completed in the fourth quarter of this year or the first quarter of 2023. 
advancedemissionssolutions.com
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