Item 1.02 Termination of a Material Definitive Agreement.

On January 12, 2022, Renovare Environmental, Inc. (the "Registrant") terminated a Common Stock Purchase Agreement (the "Agreement") with Keystone Capital Partners, LLC ("Keystone"), dated as of September 23, 2021. Pursuant to the Agreement, the Company had the right to sell to Keystone up to the lesser of (i) $20,000,000 of newly issued shares (the "Shares") of the Company's common stock, par value $0.0001 per share (the "Common Stock"), and (ii) 19.99% of the Registrant's outstanding shares of common stock as of the date of the Agreement. The Registrant also entered into a Registration Rights Agreement with Keystone as of September 23, 2021 to register the Shares. As of the date of termination, the Registrant did not have any outstanding obligations to Keystone nor did the Registrant incur any termination penalties in connection with the termination of the Agreement.

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