Decarbonization Plus Acquisition Corporation (NasdaqCM:DCRB) announced that it has entered into a purchase agreement with Decarbonization Plus Acquisition Sponsor, LLC for the private placement of a convertible promissory note for gross proceeds of$1,500,000 on June 28, 2021. The note does not bear any interest. The note will be issued at par value. The notes are convertible into working capital warrants. Each working capital warrant will be convertible to purchase one share of class A common stock, $0.0001 par value. The notes will be matured upon consummation of the initial merger, stock exchange, asset acquisition, stock purchase, recapitalization, reorganization or similar business combination. The notes will be offered and sold under section 4(a)(2) of the Securities Act of 1933.