# Roth CH Acquisition I to merge with PureCycle Technologies

Roth CH Acquisition I Co. and PureCycle Technologies entered into a definitive merger agreement. The transaction includes $90 million in equity private placements and a $250 million PIPE, with an estimated post-transaction equity value of about $1.2 billion.

- Type: Acquisition
- Announced: 2020-11-16
- Where: United States
- Value: $250.0M
- Status: announced
- Products: polypropylene recycling technology, virgin-like resin
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [PureCycle Technologies](https://endata.com/companies/47348.md) (target)
- [Roth CH Acquisition I Co.](https://endata.com/companies/51245.md) (acquirer)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2020/11/16/2127251/0/en/roth-ch-acquisition-i-to-combine-with-purecycle-technologies-accelerating-a-revolution-in-plastics-recycling-through-impact-investing.html), 2020-11-16: "Roth CH Acquisition I Co. and PureCycle Technologies announced today that they have entered into a definitive merger agreement for a business combination."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.