---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-013944"
form_type: "8-K"
ticker: "PCYO"
cik: "0000276720"
company_name: "PURE CYCLE CORP"
filed_at: "2022-08-24T23:59:59+00:00"
generated_at: "2026-06-23T21:48:59.744519+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Pure Cycle receives $23.6M reimbursement from Sky Ranch CAB bond offering

## Summary
- Sky Ranch CAB closed $29.7M bond financing; net proceeds of $23.6M repaid to Pure Cycle.
- Bonds: $23.3M senior and $6.4M subordinate, tax-exempt, fixed-rate.
- Total municipal bonds issued by Sky Ranch CAB now $42.9M.
- Phase 1 (509 homes) sold out; Phase 2A (229 lots) under development.
- Funds used for public improvement reimbursables and accrued interest.

## SEC filing metadata
- accession: 0001558370-22-013944
- form_type: 8-K
- ticker: PCYO
- cik: 0000276720
- company_name: PURE CYCLE CORP
- filed_at: 2022-08-24T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/276720/000155837022013944/0001558370-22-013944-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/276720/000155837022013944/pcyo-20220823x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-013944
- JSON: https://secwatch.observer/filing/0001558370-22-013944.json
- Plain text: https://secwatch.observer/filing/0001558370-22-013944.txt

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