Highest-materiality recent filing
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 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 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 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.
$300M gross proceeds from 300,000 Series B convertible perpetual preferred shares at $1,000/share; expected close June 20, 2025.
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 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 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 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 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.
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 amends bond indenture; raises consent threshold to 75%
Fifth Supplemental Indenture redefines Majority Holders as 75% of Senior Bonds (was majority).
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.
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