Hall Chadwick Acquisition

Hall Chadwick Acquisition Corp (NASDAQ: HCAC) is a blank check company established to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination. Sponsored by Hall Chadwick Capital LLC, the firm initially targeted high-growth businesses within the critical materials, technology, and energy transition sectors, with a geographical focus on the Australasia and North American markets. HCAC completed its initial public offering on the Nasdaq Global Market in November 2025, raising $207 million in gross proceeds (including the full exercise of the over-allotment option) held in trust. In June 2026, HCAC entered into a definitive Business Combination Agreement with REEcycle Holdings, Inc., a U.S.-based developer of patented hydrometallurgical recycling technology that recovers high-purity rare earth elements (including neodymium and dysprosium) and rare earth oxides from end-of-life permanent magnets and electronic waste. Under the terms of the transaction, the business combination values REEcycle at approximately $400 million, and the surviving operating company will be named REEcycle Inc., focusing on onshoring domestic supply chains for critical minerals utilized in electric vehicles, wind turbines, and defense applications.