{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-053959","form_type":"8-K","ticker":"PCT","cik":"0001830033","company_name":"PureCycle Technologies, Inc.","filed_at":"2024-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.498621+00:00","generated_at":"2026-06-02T19:54:02.356822+00:00","sec_items":["2.02","7.01","8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"PureCycle Q1 net loss $85.6M; agrees to sell $94.3M bonds to Pure Plastic","bullets":["Net loss $85.6M ($0.52 diluted share) vs $25.8M ($0.16) in Q1 2023.","Loss includes $21.2M from bond purchase, $9.1M non-cash warrant change, $8.0M higher depreciation.","Ironton facility paused in April for improvements; restarting operations expected this week.","Agreed to sell $94.3M par value of bonds to Pure Plastic at $800/$1,000; Term Loan deemed prepaid.","Will issue ~3.1M Series B warrants at $11.50 to satisfy prepayment premium on Term Loan."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-053959","json":"https://secwatch.observer/filing/0000950170-24-053959.json","markdown":"https://secwatch.observer/filing/0000950170-24-053959.md","text":"https://secwatch.observer/filing/0000950170-24-053959.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1830033/000095017024053959/0000950170-24-053959-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1830033/000095017024053959/pct-20240506.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T19:54:02.356822+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"e8c3960e2305371e916219e1c3518822c5c75a2a","claim":"PureCycle Technologies, Inc. reported first quarter ended March 31, 2024 results: net income net loss of $85.6 million, EPS $0.52 per diluted share.","evidence_excerpt":"The Company reported a net loss of $85.6 million, or $0.52 per diluted share of common stock, for the first quarter of 2024, compared to a net loss of $25.8 million, or $0.16 per diluted share, for the first quarter of 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1830033/000095017024053959/0000950170-24-053959-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Net income","value":"net loss of $85.6 million"},{"label":"EPS","value":"$0.52 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}