secwatch.observer — SEC 8-K summary
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Issuer:     PureCycle Technologies, Inc. (PCT)
CIK:        0001830033
Form:       8-K
Filed at:   2026-04-17T23:59:59+00:00
Accession:  0001830033-26-000007
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 3.03, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud

PureCycle reduces warrant redemption trigger to $14.38 and extends expiration to March 2027
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- Consent received from warrant holders: 3,997,627 voted for, 7,433 against, 144,402 abstained.
- Redemption trigger price lowered from $18.00 to $14.38 per share, effective June 17, 2026.
- Warrant expiration extended to March 17, 2027, from original June 17, 2026 date.
- Second Supplemental Warrant Agreement entered on April 16, 2026 with Continental Stock Transfer.
- Amendment approved by majority of PCT warrant holders as of the April 16, 2026 consent deadline.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1830033/000183003326000007/0001830033-26-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1830033/000183003326000007/pct-20260416.htm
  HTML page:      https://secwatch.observer/filing/0001830033-26-000007

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