Source-grounded facts extracted from PureCycle Technologies, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
PureCycle Technologies, Inc. entered into Revolving Credit Agreement with Sylebra Capital Partners Master Fund, LTD, Sylebra Capital Parc Master Fund, Sylebra Capital Menlo Master Fund valued at $150,000,000 revolving credit facility (effective 2023-03-15).
“On March 15, 2023, the Company entered into a $150 million revolving credit facility (the “Revolving Credit Facility”) pursuant to a Credit Agreement (the “Revolving Credit Agreement”) dated as of March 15, 2023, with PureCycle Technologies Holdings Corp. and PureCycle Technologies, LLC (the “Guarantors”), Sylebra Capital Partners Master Fund, LTD, Sylebra Capital Parc Master Fund, and Sylebra Capital Menlo Master Fund (collectively, the “Lenders”), and Madison Pacific Trust Limited (the “Administrative Agent”), which matures on June 30, 2024.”
Timothy Glockner resigned as Class I director at PureCycle Technologies, Inc..
“On February 14, 2023, Timothy Glockner, a Class I director, advised the Nominating and Corporate Governance Committee of his decision to resign from the Board effective as of the 2023 Annual Meeting of Stockholders.”
Earnings Releases
PureCycle Technologies, Inc. reported financial results for the third quarter ending September 30, 2022.
“On November 9, 2022, PureCycle Technologies, Inc. (the “Company”) issued a press release, attached hereto as Exhibit 99.1 and incorporated herein by reference, announcing the Company’s financial results for the third quarter of 2022 and certain other information.”
Dustin Olson was appointed as Chief Executive Officer at PureCycle Technologies, Inc..
“the Board has appointed Dustin Olson as the Company’s Chief Executive Officer (“CEO”) as of the Effective Date.”
Michael Otworth resigned as Chairman of the Board and Chief Executive Officer at PureCycle Technologies, Inc..
“On June 24, 2022, Michael Otworth notified the Board of Directors (“Board”) of PureCycle Technologies, Inc. (the “Company’) of his decision to resign as Chairman of the Board and Chief Executive Officer of the Company effective August 5, 2022 (“Effective Date”).”
Daniel M. Coombs was elected as Director at PureCycle Technologies, Inc..
“Effective June 1, 2022, the board of directors (the “Board”) of PureCycle Technologies, Inc. (the “Company”), upon the recommendation of the Nominating and Corporate Governance Committee, elected Daniel M. Coombs as a director of the Company.”
Dustin Olson was appointed as Chief Operating Officer and Chief Manufacturing Officer at PureCycle Technologies, Inc..
“On May 10, 2022, the Compensation Committee of the Board (the "Compensation Committee") approved the following changes to the compensation of Dustin Olson in light of his appointment to the position of Chief Operating Officer and Chief Manufacturing Officer:”
David W. Brenner departed as Chief Commercial Officer at PureCycle Technologies, Inc..
“Pursuant to the Separation Agreement, Mr. Brenner will no longer serve as the Chief Commercial Officer of the Company effective May 13, 2022”
Stephen F. Bouck was elected as Director at PureCycle Technologies, Inc..
“Mr. Jacoby was elected as a Class II director and Mr. Bouck was elected as a Class III director.”
Allen W. Jacoby was elected as Director at PureCycle Technologies, Inc..
“Mr. Jacoby was elected as a Class II director and Mr. Bouck was elected as a Class III director.”
Richard Brenner resigned as Director at PureCycle Technologies, Inc..
“On March 15, 2022, Richard Brenner informed the Board of Directors (the “Board”) of PureCycle Technologies, Inc. (the “Company” or “PureCycle”) of his resignation from the Board, effective March 15, 2022.”
Dustin Olson was appointed as Chief Operating Officer and Chief Manufacturing Officer at PureCycle Technologies, Inc..
“On March 9, 2022, the Board of Directors (the “Board”) of PureCycle Technologies, Inc. (the “Company”) appointed the Company’s Chief Manufacturing Officer, Dustin Olson, to Chief Operating Officer and Chief Manufacturing Officer.”
Michael Dee resigned as other_named_officer at PureCycle Technologies, Inc..
“In connection with the appointment of Mr. Somma as the Company’s Chief Financial Officer, Mr. Dee no longer serves as an officer of the Company and therefore will not receive any payments under the 2022 STIP or the 2022 LTIP (each as defined below).”
Michael E. Dee resigned as Chief Financial Officer at PureCycle Technologies, Inc..
“Pursuant to the Separation Agreement, Mr. Dee’s last day of employment with the Company will occur January 15, 2022”
Lawrence Somma was appointed as Chief Financial Officer at PureCycle Technologies, Inc..
“On October 30, 2021, PureCycle Technologies, Inc. (the “Company”) reached an agreement with Lawrence Somma, 55, to serve as the Company’s Chief Financial Officer, effective November 15, 2021.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.