Frequently Asked Questions

1. What is Decarbonization Plus Acquisition Corporation?

Decarbonization Plus Acquisition Corporation is a special purpose acquisition company (SPAC), or “blank check” company, formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

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2. How do I invest in Decarbonization Plus Acquisition Corporation?

There are several ways to invest in Decarbonization Plus Acquisition Corporation. Decarbonization Plus Acquisition Corporation’s securities are publicly traded on the NASDAQ exchange under the ticker symbols “DCRB”, “DCRBW” and “DCRBU.” Decarbonization Plus Acquisition Corporation’s Class A common stock trades under DCRB, its warrants trade under DCRBW and its units trade under DCRBU.

Holders of warrants, which trade under the symbol DCRBW, will have the right, but not the obligation, to purchase one share of Class A common stock in Decarbonization Plus Acquisition Corporation, which trade under the symbol DCRB, after the warrants become exercisable, at a price of $11.50 per share.

Holders of units, which trade under the symbol DCRBU, are entitled to one share of Class A common stock, along with one-half of a warrant. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Accordingly, unless you purchase at least two units, you will not be able to receive or trade a whole warrant.

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3. Has Decarbonization Plus Acquisition Corporation announced a target company with which it plans to merge?

Yes. On February 9, 2021, Decarbonization Plus Acquisition Corporation announced its intention to merge with Hyzon Motors Inc., a leading hydrogen mobility company, with specific focus on the commercial vehicle market.

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4. What will happen to my shares of Decarbonization Plus Acquisition Corporation when it completes a merger with Hyzon Motors? Do I need to do anything to keep my investment?

At the time Decarbonization Plus Acquisition Corporation completes its merger with Hyzon Motors, its securities will remain outstanding and listed on the NASDAQ exchange and Decarbonization Plus Acquisition Corporation will change its name to Hyzon Motors USA Inc. You do not need to do anything to effect this change or to keep your investment.

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