secwatch.observer — SEC 8-K summary
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Issuer:     PureCycle Technologies, Inc. (PCT)
CIK:        0001830033
Form:       8-K
Filed at:   2026-05-06T23:59:59+00:00
Accession:  0001830033-26-000013
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PureCycle Q1 net loss $33.4M; record 8.4M lbs production; revenue grows 5th straight quarter
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- Net loss of $33.4 million vs. prior-year net income of $8.8 million; adjusted EBITDA -$30.9 million.
- Record quarterly production of 8.4 million pounds; ~10 million pounds feedstock throughput.
- Fifth consecutive quarter of sequential revenue growth; reaffirms 40-50M lbs demand ramp in Q2/Q3.
- Total liquidity $131 million ($90M cash, $31M marketable securities); $200M revolver undrawn.
- Warrants extended to March 2027; potential proceeds ~$273M; redemption trigger reduced to $14.38.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1830033/000183003326000013/0001830033-26-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1830033/000183003326000013/pct-20260506.htm
  HTML page:      https://secwatch.observer/filing/0001830033-26-000013

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