How to move existing backup in Arq to new NAS

I have a MBP using Arq 5 to back up to an old NAS. Is it possible to copy the arq folder from the old NAS to the new NAS? Then connect to continue using the same backup set for continuity’s sake? How do I do this? Thanks.

It should just be a matter of copying the files over, setting up a destination to point to it, then 'adopt’ing the backup set.