Hall Chadwick Acquisition Corp. and REEcycle Unveil Proposed Board Featuring Former Senior U.S. Intelligence and Energy Officials to Advance America’s Rare Earth Supply Chain
HCAC and REEcycle unveiled the proposed seven-member board for their combined company, including former Deputy Director of National Intelligence for Policy and Capabilities Amaryllis Kennedy and former Assistant Energy Secretary Charles McConnell. The board will be led by Executive Chairman Mick McMullen and CEO Justin Froneman; nominees face shareholder election at HCAC's extraordinary general meeting under the S-4 filed October 1, 2026.
Key figures
- Deal Value Usd
- $400 million
- Board size
- 7
- Proposed ticker
- REC
- Base consideration
- US$350 million
- Contingent milestone
- annualized production run rate of 50 tons per annum of mixed rare earth oxide
- Minimum cash condition
- US$40 million
- Contingent consideration
- up to US$50 million
AI analysis
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