Melissa Trednick
On July 8, 2024, Melissa Trednick notified the Company of her resignation as the Company’s Controller and Principal Accounting Officer effective September 30, 2024.
Highest-materiality recent filing
Nine directors elected with majority support; Tanya Burnell, Fernando Musa, and Dustin Olson each received over 10 million votes against.
PureCycle Q1 net loss $33.4M; record 8.4M lbs production; revenue grows 5th straight quarter
Net loss of $33.4 million vs. prior-year net income of $8.8 million; adjusted EBITDA -$30.9 million.
PureCycle reduces warrant redemption trigger to $14.38 and extends expiration to March 2027
Consent received from warrant holders: 3,997,627 voted for, 7,433 against, 144,402 abstained.
PureCycle to present at ROTH Conference; no material news disclosed
CEO Dustin Olson will speak at 38th Annual ROTH Conference on March 23, 2026 at 12:00 p.m. EDT.
PureCycle reports record Q4 production 7.5M lbs, $2.7M revenue; appoints new CFO; extends warrants
Record 7.5M pounds PureFive rPP produced in Q4; Denver sorting feedstock up 44% QoQ to 14M lbs.
PureCycle revises construction milestones for Augusta PP recycling facility under CPA with AEDA
Company agreed to pay $500,000 in two $250,000 installments to AEDA; first due by Jan 9, 2026.
PureCycle extends project completion date to Dec 2029 and lowers bondholder consent threshold
Seventh Supplemental Indenture dated Dec 26, 2025 amends bond indenture for $219.55M revenue bonds.
PureCycle appoints Valerie Mars, former Mars Inc. executive, to Board effective January 1, 2026
Valerie Mars appointed to PureCycle Board effective Jan 1, 2026; she will serve on Audit and Finance Committee.
PureCycle Q3 record pellet production 7.2M lbs; revenue $2.4M; credit facility extended to 2027
Ironton produced record 7.2M lbs of pellets in Q3 (monthly record 3.3M lbs in September); full-year ramp expected.
PureCycle appoints Dr. Siri Jirapongphan to board; Jeffrey Fieler resigns
Dr. Siri Jirapongphan appointed to board effective Oct 28, 2025; will serve on Operational Excellence Committee.
PureCycle collaborated with VWGoA Innovation Hub to produce a VW Atlas bumper fascia from 100% post-consumer recycled polypropylene.
PureCycle Q2 update: revenue $1.7M, production 3.4M lbs, $300M capital raise
Revenue of $1.7M in Q2 2025; produced 3.4M lbs of resin.
PureCycle raises $300M via issuance of Series B Convertible Perpetual Preferred Stock
Gross proceeds of $300M from sale of 300,000 shares of Series B Convertible Preferred Stock at $1,000/share.
PureCycle CEO to discuss $300M capital raise at Wolfe Research conference June 18
CEO Dustin Olson will participate in Wolfe Research's Materials of the Future Conference on June 18, 2025 at 8:35 a.m. EDT.
$300M gross proceeds from 300,000 Series B convertible perpetual preferred shares at $1,000/share; expected close June 20, 2025.
PureCycle shareholders elect all 8 director nominees, ratify Grant Thornton as auditor
All 8 director nominees elected with strong support; Steven Bouck received ~81.8M votes for.
PureCycle reports first revenue of $1.6M in Q1; Ironton onstream time reaches 90% in April
Revenue of approximately $1.6 million in Q1 2025, first reported revenue in company history.
PureCycle extends $200M revolver maturity to Sept 2026; enters forbearance on Series A warrants
Eighth Amendment to Credit Agreement extends revolver maturity from March 31, 2026 to September 30, 2026.
PureCycle registers 4.09M shares for resale by selling stockholders
Filed prospectus supplement on March 4, 2025 to register up to 4,091,293 common shares for resale.
Court preliminarily approved settlement of shareholder derivative lawsuits on Feb 18, 2025.
PureCycle operational update: feed rate hits 12,500 lbs/hr, onstream 67%, raises $33M in stock sale
Max feed rate at Ironton reached 12,500 lbs/hr in Feb 2025; onstream time hit 67% in Dec 2024.
PureCycle and Procter & Gamble Amend License Agreement; Waive Claw-Back for North America
P&G permanently waives license claw-back provisions for PureCycle's North American plants.
PureCycle raises $33M in private placement at $8.07/share
Issued 4,091,293 shares at $8.0655 each; gross proceeds ~$33M.
PureCycle amends former CFO Dee's separation; extends share vesting to Dec 2026 for $620K payment
333,333 restricted shares originally expiring Dec 31, 2024 now vest by Dec 31, 2026 if Ironton plant is certified operational by Leidos.
PureCycle corrects Augusta capacity: 2 lines by 2027, not 8; overseas added
Prior slide assumed 8 lines at Augusta by 2027; corrected plans show 2 lines in Augusta and up to 3 overseas.
PureCycle holds investor meetings Dec 9-10; presentation filed lacks specific new data
Company conducting investor meetings Dec 9-10, 2024, furnishes presentation as Exhibit 99.1.
PureCycle names Greg Barta as Chief Accounting Officer effective Dec 3, 2024
Greg Barta, 59, appointed Corporate Controller and Chief Accounting Officer effective Dec 3, 2024.
PureCycle hits Ironton output milestones, raises $112.5M, advances customer trials
Ironton plant: 1M lbs feedstock in a week, 200k lbs in a day, feed rate >10k lbs/hr.
PureCycle amends bond indenture; adds financial covenants, extends completion date to Dec 31, 2026
Sixth Supplemental Indenture executed Oct 25, 2024, amending 2020 revenue bonds for Ohio recycling facility.
PureCycle and SK geo centric discontinue South Korea JV; cite tech integration challenges
Joint venture to build recycled polypropylene plant at SKGC Ulsan site terminated effective Oct 25, 2024.
Holders of all 50,000 Series A Preferred shares entered into Waiver Agreements on Sept 17, 2024.
Raised $90M gross: $50M Series A Preferred (8% return, 3-yr maturity), 8.5M shares common at $4.69/sh, warrants for 5M shares at $11.50/sh.
PureCycle's Ironton facility achieved highest production month in June with multiple days exceeding 100,000 pounds of pellets.
PureCycle appoints Daniel Coombs as non-executive chairman; pays $225K bonus for prior service
Daniel Coombs transitions from Executive Chair to non-executive chairman effective August 5, 2024.
PureCycle Controller/PAO Trednick resigns, transitions to consultant through March 2025
Melissa Trednick resigned as Controller and Principal Accounting Officer effective Sept 30, 2024.
PureCycle amends bond indenture; raises consent threshold to 75%
Fifth Supplemental Indenture redefines Majority Holders as 75% of Senior Bonds (was majority).
PureCycle CEO and CFO to present at Stifel Cross Sector Insight Conference on June 5
Company participates in Stifel's 2024 conference on June 5 at 10:20 a.m. EDT.
PureCycle subsidiary sells $94.3M bonds to affiliate at 80% of par
PureCycle Technologies LLC sold $94.31M par of Series 2020 bonds to Pure Plastic LLC for $75.448M (80% of par).
PureCycle sells $94.3M bonds at 80% par, prepays $40M term loan with stock warrants
Sold ~$94.3M par of 2020A/B/C bonds to Pure Plastic at $800/$1,000 par (80% of par).
PureCycle Q1 net loss $85.6M; agrees to sell $94.3M bonds to Pure Plastic
Net loss $85.6M ($0.52 diluted share) vs $25.8M ($0.16) in Q1 2023.
PureCycle schedules operational pause at Ironton facility starting April 1 for 2-4 weeks
Ironton purification facility to pause operations from April 1, 2024, for planned improvements.
On July 8, 2024, Melissa Trednick notified the Company of her resignation as the Company’s Controller and Principal Accounting Officer effective September 30, 2024.
Max materiality 0.85 · Median 0.60 · Most common event other_material