Aaron Dominish
Senior Managing Director
Case Study
Hall Chadwick Acquisition Corp.
Client
Hall Chadwick Acquisition Corp. (Nasdaq: HCAC)
Services
Capital Markets, SPAC & Public Markets, Corporate Advisory
Industry
Capital Markets
Overview
Hall Chadwick Acquisition Corp. (HCAC) is a Nasdaq-listed special purpose acquisition company sponsored by an affiliate of Hall Chadwick, built to identify and bring high-growth businesses in Artificial Intelligence, Energy Transition, and Critical Materials to U.S. public markets, with a focus on Australia and Southeast Asia.
Transaction Highlights
- HCAC completed a $207 million initial public offering on Nasdaq in November 2025 (20.7 million units at $10.00 per unit, plus 614,000 placement units), with 100% of proceeds held in trust.
- HCAC is one vehicle within the broader Hall Chadwick Capital Markets platform of Nasdaq-listed SPACs, each independently pursuing its own business combination.
- On June 1, 2026, HCAC entered into a definitive Business Combination Agreement with REEcycle Holdings, Inc., a U.S. based rare earth element recycling company, valuing REEcycle at approximately $400 million.
$207M
IPO
IPO proceeds held in trust
$10
VALUE
Per unit/per share
100%
Proceeds
of IPO proceeds held
in trust
~$400M
VALUE
REEcycle transaction value
