PureCycle Technologies Announces Executive and Director Changes
Ticker: PCTBP · Form: 8-K · Filed: Jul 12, 2024 · CIK: 1830033
| Field | Detail |
|---|---|
| Company | Purecycle Technologies, Inc. (PCTBP) |
| Form Type | 8-K |
| Filed Date | Jul 12, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.001, $11.50, $250.00 |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, corporate-governance
TL;DR
PureCycle's leadership team is getting a shake-up with new execs and directors appointed.
AI Summary
PureCycle Technologies, Inc. announced on July 8, 2024, a series of executive changes and the appointment of new directors. The company also reported on its compensatory arrangements. This filing follows a period where the company was formerly known as Roth CH Acquisition I Co. before changing its name on October 26, 2020.
Why It Matters
Changes in executive leadership and board composition can signal shifts in company strategy, operational focus, or financial direction, impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Executive and board changes can introduce uncertainty regarding future strategy and execution, potentially impacting the company's stability and performance.
Key Numbers
- 20201026 — Date of Name Change (Indicates the transition from Roth CH Acquisition I Co. to PureCycle Technologies, Inc.)
Key Players & Entities
- PureCycle Technologies, Inc. (company) — Registrant
- Roth CH Acquisition I Co. (company) — Former company name
- Delaware (jurisdiction) — State of Incorporation
FAQ
What specific roles have been affected by the executive and director changes?
The filing indicates changes in 'Departure of Directors or Certain Officers' and 'Appointment of Certain Officers' but does not specify the exact roles within this summary.
When was the earliest event reported in this filing?
The earliest event reported in this filing was on July 8, 2024.
What was PureCycle Technologies, Inc. formerly known as?
PureCycle Technologies, Inc. was formerly known as Roth CH Acquisition I Co.
In which state is PureCycle Technologies, Inc. incorporated?
PureCycle Technologies, Inc. is incorporated in Delaware.
What is the primary business address of PureCycle Technologies, Inc.?
The primary business address is 4651 Salisbury Rd Suite 400, Jacksonville, FL 32256.
Filing Stats: 606 words · 2 min read · ~2 pages · Grade level 11 · Accepted 2024-07-12 16:30:11
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
- $250.00 — g regular business hours at the rate of $250.00 per. During the Term, Ms. Trednick will
Filing Documents
- pct-20240708.htm (8-K) — 46KB
- 0000950170-24-083223.txt ( ) — 200KB
- pct-20240708.xsd (EX-101.SCH) — 52KB
- pct-20240708_htm.xml (XML) — 7KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description of Exhibit 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: July 12, 2024 By: /s/ Jaime Vasquez Jaime Vasquez, Chief Financial Officer