---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-068027"
form_type: "8-K"
ticker: "PCT"
cik: "0001830033"
company_name: "PureCycle Technologies, Inc."
filed_at: "2024-06-03T23:59:59+00:00"
generated_at: "2026-06-01T06:53:55.380389+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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).

## SEC filing metadata
- accession: 0000950170-24-068027
- form_type: 8-K
- ticker: PCT
- cik: 0001830033
- company_name: PureCycle Technologies, Inc.
- filed_at: 2024-06-03T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1830033/000095017024068027/0000950170-24-068027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1830033/000095017024068027/pct-20240528.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-068027
- JSON: https://secwatch.observer/filing/0000950170-24-068027.json
- Plain text: https://secwatch.observer/filing/0000950170-24-068027.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.