secwatch.observer — SEC 8-K summary
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Issuer:     PureCycle Technologies, Inc. (PCT)
CIK:        0001830033
Form:       8-K
Filed at:   2025-02-06T23:59:59+00:00
Accession:  0000950170-25-015456
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02, 3.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PureCycle raises $33M in private placement at $8.07/share
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- Issued 4,091,293 shares at $8.0655 each; gross proceeds ~$33M.
- Investors include affiliates of Sylebra Capital, Pleiad Asia, and Samlyn Capital.
- Capital to support commercialization of dissolution recycling technology.
- Company agreed to file resale registration statement within 60 days.
- Seventh Amendment to credit agreement executed to permit the offering.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1830033/000095017025015456/0000950170-25-015456-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1830033/000095017025015456/pct-20250206.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-015456

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer