Roadrunner Recycling, Inc. announced that it will receive $119,999,955.6503 in funding on December 17, 2021. The company will issue 517,501 series D-1 preferred shares at issue price of $135.2654 per share for the gross proceeds $69,999,979.7654 and 246,429 series D-2 preferred shares at issue price of $202.8981 per share for the gross proceeds $49,999,975.8849 in the transaction. The shares are convertible, participating, redeemable and cumulative. The shares carry cumulative fixed dividend rate of 5% per annum. The shares will be convertible in common shares at a fixed conversion price of $135.2654 and $202.8981 per share respectively. The company will issue securities pursuant to exemption provided under Regulation D.