{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-060075","form_type":"8-K","ticker":"PCT","cik":"0001830033","company_name":"PureCycle Technologies, Inc.","filed_at":"2025-06-17T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.000084+00:00","generated_at":"2026-05-19T05:03:56.010325+00:00","sec_items":["1.01","3.02","5.02","7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"PureCycle raises $300M via Series B convertible preferred; outlines 1B lb capacity by 2030 with $600M EBITDA target","bullets":["$300M gross proceeds from 300,000 Series B convertible perpetual preferred shares at $1,000/share; expected close June 20, 2025.","Conversion price $14.02 (30% premium to 10-day VWAP); 7% cumulative dividend payable in kind or cash at company's option.","Growth plan targets 1B lbs installed capacity by 2030 with $600M/yr EBITDA; IRPC partnership for 130M lb Thailand facility, operational mid-2027.","CEO Dustin Olson employment agreement: $773k base salary, 200,000 fully vested common shares granted."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-060075","json":"https://secwatch.observer/filing/0001104659-25-060075.json","markdown":"https://secwatch.observer/filing/0001104659-25-060075.md","text":"https://secwatch.observer/filing/0001104659-25-060075.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1830033/000110465925060075/0001104659-25-060075-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1830033/000110465925060075/tm2518118d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T05:03:56.010325+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}