Item 3.02 Unregistered Sales of Equity Securities.

To the extent required by Item 3.02 of Form 8-K, the information contained or incorporated in Item 8.01 of this Form 8-K is incorporated by reference in this Item 3.02.

Item 8.01 Other Events.

On February 15, 2013, GlyEco, Inc. (the "Company") completed the Offering. The Company issued 2,673,578 units at a purchase price of $0.65 per unit. Total proceeds from the Offering was $1,737,826.

As previously disclosed in the Company's Form 8-K dated January 11, 2013, the Company was working with a placement agent. Further, each unit sold in the Offering consists of (i) one share of common stock, par value $0.0001 per share, of the Company, and (ii) one warrant to purchase one share of common stock of the Company from the date of issuance until the third anniversary date such date for a purchase price of $1.25 per share. This offering was made to accredited investors only, in accordance with Rule 506 of Regulation D of the Securities Act of 1933.

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