secwatch.observer — SEC 8-K summary
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Issuer:     PureCycle Technologies, Inc. (PCT)
CIK:        0001830033
Form:       8-K
Filed at:   2026-01-13T23:59:59+00:00
Accession:  0001193125-26-011168
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1830033/000119312526011168/0001193125-26-011168-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1830033/000119312526011168/pct-20251229.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-011168

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