PureCycle revises construction milestones for Augusta PP recycling facility under CPA with AEDA

PureCycle Technologies, Inc.

Company agreed to pay $500,000 in two $250,000 installments to AEDA; first due by Jan 9, 2026.
Waived Phase II lease option for ~50 additional acres; Phase I site sufficient for second-gen lines.
Revised timeline requires start of construction no later than March 2028; milestones extend through full production.
Failure to meet milestones triggers penalties and termination rights in favor of AEDA.

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