PureCycle subsidiary sells $94.3M bonds to affiliate at 80% of par

PureCycle Technologies, Inc.

PureCycle Technologies LLC sold $94.31M par of Series 2020 bonds to Pure Plastic LLC for $75.448M (80% of par).
Pure Plastic LLC is an affiliate that beneficially owns >5% of PureCycle common stock.
Amendment replaced bonds not accepted by DTC with other bonds; total par and cash unchanged.
Transaction closed on May 28, 2024, with proceeds used for general corporate purposes (implied).

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