HCAC press release
Key Highlights
- ➤SEC declares Form S-4 effective for REEcycle-HCAC business combination
- ➤Transaction values REEcycle at approximately US$350 million equity value
- ➤REEcycle receives US$5.1 million Defense Production Act Title III award
- ➤HCAC shareholder vote expected December 10(th) 2026
- ➤Closing anticipated before year-end 2026, subject to approval and conditions
Expert Statements
Mick McMullen, Founder and Executive Chairman of REEcycle
“Securing a reliable domestic supply of rare-earth materials is increasingly important to America's national security and industrial competitiveness.”
Mick McMullen, Founder and Executive Chairman of REEcycle
“REEcycle is focused on building the technology and processing capabilities needed to recover these critical materials here in the United States, rather than relying solely on overseas supply chains.”
Alex Bono, CEO of Hall Chadwick Acquisition Corp.
“The SEC's declaration of effectiveness marks a significant milestone in our proposed business combination with REEcycle.”
Alex Bono, CEO of Hall Chadwick Acquisition Corp.
“We believe REEcycle offers a compelling opportunity to participate in the development of a domestic U.S. rare-earth supply chain through a differentiated recycling and processing technology platform.”
Alex Bono, CEO of Hall Chadwick Acquisition Corp.
“We look forward to completing the transaction and supporting REEcycle's next phase of growth as a Nasdaq-listed company.”
DUNCAN, Okla. and NEW YORK, Nov. 13, 2026 (GLOBE NEWSWIRE) -- REEcycle Holdings, Inc. (“REEcycle”), a U.S.-based rare-earth recycling technology company, and Hall Chadwick Acquisition Corp. (“HCAC”) (Nasdaq: HCAC), today announced that the U.S. Securities and Exchange Commission (“SEC”) has declared effective the registration statement on Form S-4 filed in connection with their previously announced business combination.
The declaration of effectiveness represents a significant milestone toward completion of the transaction and REEcycle's proposed listing on the Nasdaq Stock Market.
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