PureCycle Technologies Files 8-K
Ticker: PCTBP · Form: 8-K · Filed: Jun 14, 2024 · CIK: 1830033
| Field | Detail |
|---|---|
| Company | Purecycle Technologies, Inc. (PCTBP) |
| Form Type | 8-K |
| Filed Date | Jun 14, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.001, $11.50, $94.3 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-definitive-agreement, filing
TL;DR
PureCycle filed an 8-K on June 14, 2024, for a material definitive agreement. Details TBD.
AI Summary
PureCycle Technologies, Inc. announced on June 14, 2024, that it entered into a Material Definitive Agreement. The filing does not provide specific details on the agreement or any associated dollar amounts or dates beyond the filing date.
Why It Matters
This filing indicates a significant new agreement for PureCycle Technologies, Inc., which could impact its operations and financial standing.
Risk Assessment
Risk Level: medium — The filing indicates a material definitive agreement, but the lack of specific details introduces uncertainty about its implications.
Key Players & Entities
- PureCycle Technologies, Inc. (company) — Registrant
- June 14, 2024 (date) — Date of Report
- Delaware (jurisdiction) — State of Incorporation
- 4651 Salisbury Road, Suite 400 (address) — Business Address
- Jacksonville, Florida (location) — Business Address City and State
FAQ
What is the nature of the Material Definitive Agreement?
The filing does not specify the nature of the Material Definitive Agreement, only that one was entered into on or before June 14, 2024.
Are there any financial figures associated with this agreement?
The provided filing excerpt does not contain any specific dollar amounts or financial figures related to the Material Definitive Agreement.
When was this agreement finalized?
The filing was made on June 14, 2024, and the agreement is reported as of this date, but the exact finalization date is not specified.
What is PureCycle Technologies, Inc.'s primary business?
PureCycle Technologies, Inc. is involved in Plastics, Materials, Synthetic Resins & Nonvulcan Elastomers, as indicated by its SIC code 2821.
Has PureCycle Technologies, Inc. undergone a name change previously?
Yes, the company was formerly known as Roth CH Acquisition I Co. Parent Corp. and changed its name on October 26, 2020.
Filing Stats: 893 words · 4 min read · ~3 pages · Grade level 14.2 · Accepted 2024-06-14 17:00:11
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
Filing Documents
- pct-20240614.htm (8-K) — 49KB
- pct-ex10_1.htm (EX-10.1) — 103KB
- 0000950170-24-073768.txt ( ) — 322KB
- pct-20240614.xsd (EX-101.SCH) — 52KB
- pct-20240614_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 Fifth Supplemental Indenture, dated as of June 14, 2024. 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 14, 2024 By: /s/ Brad S. Kalter Brad S. Kalter, General Counsel and Corporate Secretary