PureCycle Technologies Files 8-K
Ticker: PCTBP · Form: 8-K · Filed: Jun 3, 2024 · CIK: 1830033
| Field | Detail |
|---|---|
| Company | Purecycle Technologies, Inc. (PCTBP) |
| Form Type | 8-K |
| Filed Date | Jun 3, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001, $11.50, $94.3 million, $800, $1,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-definitive-agreement, corporate-action
TL;DR
PureCycle filed an 8-K on 5/28 for a material definitive agreement.
AI Summary
PureCycle Technologies, Inc. entered into a material definitive agreement on May 28, 2024. The filing is a Form 8-K, indicating a significant event for the company. The company was formerly known as Roth CH Acquisition I Co. Parent Corp. until October 26, 2020.
Why It Matters
This 8-K filing signifies a material definitive agreement, which could involve significant business developments, partnerships, or financial transactions for PureCycle Technologies.
Risk Assessment
Risk Level: medium — Material definitive agreements can introduce new risks or opportunities that may impact the company's financial health and stock performance.
Key Players & Entities
- PureCycle Technologies, Inc. (company) — Registrant
- Roth CH Acquisition I Co. Parent Corp. (company) — Former company name
- May 28, 2024 (date) — Date of earliest event reported
- October 26, 2020 (date) — Date of name change
FAQ
What is the nature of the material definitive agreement filed by PureCycle Technologies?
The filing does not specify the details of the material definitive agreement, only that one was entered into on May 28, 2024.
When did PureCycle Technologies change its name?
PureCycle Technologies, Inc. was formerly known as Roth CH Acquisition I Co. Parent Corp. until October 26, 2020.
What is the filing date of this 8-K report?
The filing date is June 3, 2024, and the earliest event reported is May 28, 2024.
What is PureCycle Technologies' state of incorporation?
PureCycle Technologies, Inc. is incorporated in Delaware.
What is the primary business of PureCycle Technologies?
PureCycle Technologies is in the business of Plastics, Materials, Syn Resins & Nonvulcan Elastomers, SIC code 2821.
Filing Stats: 774 words · 3 min read · ~3 pages · Grade level 12.9 · Accepted 2024-06-03 16:30:13
Key Financial Figures
- $0.001 — ch registered Common Stock, par value $0.001 per share PCT The Nasdaq Stock Mark
- $11.50 — alue per share, at an exercise price of $11.50 per share PCTTW The Nasdaq Stock Ma
- $94.3 million — by Pure Plastic purchased approximately $94.3 million in aggregate par amount of Bonds owned
- $800 — ies 2020C Bonds, at a purchase price of $800 per $1,000 principal amount of the Purc
- $1,000 — Bonds, at a purchase price of $800 per $1,000 principal amount of the Purchased Bonds
Filing Documents
- pct-20240528.htm (8-K) — 48KB
- pct-ex10_1.htm (EX-10.1) — 54KB
- 0000950170-24-068027.txt ( ) — 262KB
- pct-20240528.xsd (EX-101.SCH) — 52KB
- pct-20240528_htm.xml (XML) — 7KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description of Exhibit 10.1 First Amendment to Amended and Restated Bond Purchase Agreement, dated as of May 28, 2024, by and between Pure Plastic LLC and PureCycle Technologies, LLC. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. PureCycle Technologies, Inc. Date: June 3, 2024 By: /s/ Jaime Vasquez Jaime Vasquez, Chief Financial Officer