Hall Chadwick Acquisition Corp. signs $2.1 million PIPE tied to REEcycle merger
Hall Chadwick Acquisition Corp. (HCAC) entered binding subscription agreements on September 30, 2026, with entities linked to a REEcycle director and two HCAC advisers to buy 210,000 shares at $10.00 per share, or $2.1 million in gross proceeds. The purchases are conditional only on closing the business combination with REEcycle, and the filing says the new shares will dilute non-redeeming shareholders. The company also filed a Form S-4 registration statement on October 1, 2026 for the transaction.
Key points
- 210,000 shares of Domesticated HCAC Common Stock at $10.00 per share, for $2.1 million in gross proceeds
- Subscription agreements dated September 30, 2026; purchases conditional only on closing of the business combination
- Cohen & Company Capital Markets is the placement agent; the filing says other investors may not receive the same terms, or any investment at all
- Form S-4 filed October 1, 2026; the investor presentation and press release were issued October 2, 2026
The filing
Written by AI on Nov 9, 2026, 11:46 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 02, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.