ADVANCED EMISSIONS SOLUTS IN

Ticker: ARQ CUSIP: 00770C101 Class: COM

GSA CAPITAL PARTNERS LLP's Holding History (CIK: 0001362033)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 161,836 Value ($000) $1 Avg Close $4.89 Range $3.18 - $7.37

Q4 2024

Shares 32,333 Value ($000) $0 Avg Close $6.58 Range $5.12 - $8.11

Q1 2020

Shares 24,853 Value ($000) $163 Avg Close $9.59 Range $4.45 - $12.38

Q2 2018

Shares 15,900 Value ($000) $181 Avg Close $9.49 Range $9.09 - $10.05

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	161,836	$1	$4.89	$3.18 - $7.37
Q4 2024	32,333	$0	$6.58	$5.12 - $8.11
Q1 2020	24,853	$163	$9.59	$4.45 - $12.38
Q2 2018	15,900	$181	$9.49	$9.09 - $10.05