Roth CH Inks Merger Agreement with PureCycle

The SPAC raised $200 million in August 2021 to focus on North America, Europe and Asia for target companies within the media and entertainment sector, especially companies engaged in digitally available content.

The transaction is expected to deliver $234 million of cash held in the SPAC’s trust account (assuming no redemptions) and up to $150 million in debt financing, in addition to $99 million of cash on CDH’s balance sheet.