[Filing Details](index=1&type=section&id=Filing%20Details) This section provides the registrant's identification, registered securities, and confirms its non-emerging growth company status [Registrant Information and Securities](index=1&type=section&id=Registrant%20Information%20and%20Securities) This section details PureCycle Technologies, Inc.'s registrant information, including incorporation state, SEC file number, and listed securities on Nasdaq - Registrant: **PureCycle Technologies, Inc.**, incorporated in **Delaware**, with SEC File Number **001-40234**[2](index=2&type=chunk) Registered Securities | Title of each class | Symbol(s) | Name of each exchange on which registered | | :--- | :--- | :--- | | Common Stock, par value $0.001 per share | PCT | The Nasdaq Stock Market LLC | | Warrants, each exercisable for one share of common stock, $0.001 par value per share, at an exercise price of $11.50 per share | PCTTW | The Nasdaq Stock Market LLC | | Units, each consisting of one share of common stock, $0.001 par value per share, and three quarters of one warrant | PCTTU | The Nasdaq Stock Market LLC | [Emerging Growth Company Status](index=2&type=section&id=Emerging%20Growth%20Company%20Status) The registrant confirms it does not qualify as an emerging growth company under the Securities Act of 1933 or the Securities Exchange Act of 1934 - PureCycle Technologies, Inc. is **not an emerging growth company**[7](index=7&type=chunk) [Item 2.02 Results of Operations and Financial Condition](index=3&type=section&id=Item%202.02%20Results%20of%20Operations%20and%20Financial%20Condition) This section reports the company's financial performance for the second quarter of 2025, as announced in a press release [Second Quarter 2025 Financial Results Announcement](index=3&type=section&id=Second%20Quarter%202025%20Financial%20Results%20Announcement) PureCycle Technologies, Inc. announced its Q2 2025 financial results via a press release issued on August 7, 2025, incorporated by reference - Company issued a press release on **August 7, 2025**, announcing financial results for **Q2 ended June 30, 2025**[8](index=8&type=chunk) - The press release is attached as **Exhibit 99.1** and **incorporated by reference**[8](index=8&type=chunk)[11](index=11&type=chunk) [Item 7.01 Regulation FD Disclosure](index=3&type=section&id=Item%207.01%20Regulation%20FD%20Disclosure) This section discloses the use of an investor presentation to comply with Regulation FD [Investor Presentation Disclosure](index=3&type=section&id=Investor%20Presentation%20Disclosure) PureCycle Technologies, Inc. will use an investor slide presentation (Exhibit 99.2) starting August 7, 2025, incorporated by reference for Regulation FD compliance - A slide presentation (**Exhibit 99.2**) will be presented to investors on **August 7, 2025**, and may be used in other investor presentations[9](index=9&type=chunk)[11](index=11&type=chunk) [Item 9.01 Financial Statements and Exhibits](index=3&type=section&id=Item%209.01%20Financial%20Statements%20and%20Exhibits) This section provides a comprehensive list of all financial statements and exhibits included in the current report [List of Exhibits](index=3&type=section&id=List%20of%20Exhibits) This section enumerates all exhibits filed with the Current Report on Form 8-K, including the Q2 2025 financial results press release and investor presentation Exhibits Filed | Exhibit Number | Description of Exhibit | | :--- | :--- | | 99.1 | Press Release by PureCycle Technologies, Inc., dated August 7, 2025 | | 99.2 | PureCycle Technologies, Inc. Presentation to Investors | | 104 | The cover page from this Current Report on Form 8-K, formatted as Inline XBRL | [Signatures](index=3&type=section&id=SIGNATURES) This section confirms the official authorization and signing of the report by the designated corporate officer [Report Authorization](index=3&type=section&id=Report%20Authorization) The report was officially signed by Jaime Vasquez, Chief Financial Officer of PureCycle Technologies, Inc., on August 7, 2025 - Report signed by **Jaime Vasquez**, **Chief Financial Officer**, on **August 7, 2025**[12](index=12&type=chunk)[13](index=13&type=chunk)[14](index=14&type=chunk)

Core Viewpoint - PureCycle Technologies is advancing its growth strategy following a successful $300 million capital raise, with plans for new facilities in Thailand and Belgium, aiming for a total capacity of one billion pounds by 2030 [2][12]. Company Update - The company produced 3.4 million pounds of resin in Q2 2025 and is enhancing its Ironton Facility to increase efficiency and capacity [8][10]. - PureCycle is negotiating commercial opportunities for its PureFive™ resin, with expectations of increased sales in the second half of 2025 [2][4]. Commercial Developments - PureCycle is developing a diverse portfolio of PureFive Choice™ resin grades for various applications, including food-grade film and packaging [3][4]. - A partnership with Emerald Carpets has been established for the supply of approximately 5 million pounds of PureFive™ resin over the next year [5]. - Successful trials for PureFive™ resin in BOPP film applications are ongoing, with a larger-scale trial scheduled with Brückner Maschinenbau GmbH [6][7]. Financial Performance - PureCycle recognized revenue of approximately $1.7 million in Q2 2025 and raised $300 million through the issuance of Series B convertible perpetual preferred stock [11][12].

Core Points - PureCycle Technologies, Inc. will host a conference call on August 7, 2025, to provide updates on recent corporate developments and second-quarter activities [1][2] - The conference call will include a live Q&A session for analysts and investors to engage with management [3] - A replay of the conference call will be available on the company's website after the event [4] Company Overview - PureCycle Technologies LLC, a subsidiary of PureCycle Technologies, Inc., holds a global license for a patented dissolution recycling technology developed by Procter & Gamble, aimed at transforming polypropylene plastic waste into a renewable resource [5] - The purification process used by PureCycle removes impurities from polypropylene waste, resulting in PureFive™ resin, which can be recycled multiple times [5]

Core Viewpoint - PureCycle Technologies has experienced significant stock performance due to successful capital raising and positive analyst sentiment, with shares trading nearly 21% higher week to date [1] Group 1: Capital Raising - PureCycle has raised $300 million in fresh capital commitments through the flotation of convertible preferred shares, attracting both former and new investors [2] - The funds will support the expansion of operations in Augusta, Georgia, and the establishment of new facilities in Asia (Thailand) and Europe (Belgium) [4] Group 2: Future Plans - The company aims to achieve 1 billion pounds of installed recycling capacity by 2030, utilizing the newly raised capital to execute its global growth plans [4][5] Group 3: Analyst Sentiment - Analyst Andrew Sheppard from Cantor Fitzgerald has reiterated a buy recommendation for PureCycle, maintaining a price target of $12 per share, citing the company's early-mover advantage, exclusive technology, and large addressable market as key factors [6]

PureCycle Technologies (PCT) FY Conference Summary Company Overview - **Company**: PureCycle Technologies (Ticker: PCT) - **Industry**: Recycling and Materials - **Technology**: Dissolution technology for recycling polypropylene Key Points and Arguments Technology Differentiation - PureCycle utilizes a **dissolution technology** that is characterized by high yield, high quality, and a low carbon footprint, which also translates to lower costs [5][9] - Compared to other recycling methods, such as mechanical and chemical recycling, PureCycle's process is more efficient, achieving yields of **90%** uptime and producing pellets for **65 consecutive days** [15][16] - The technology operates like a **molecular washing machine**, preserving the original polymer structure without breaking it down, which reduces costs and energy consumption [7][9][53][54] Scaling and Growth - The company has made significant progress in scaling its technology, achieving **90% uptime** and successfully running its plant during challenging conditions like COVID-19 [12][15] - PureCycle plans to expand its operations with new facilities in **Antwerp** and **Thailand**, targeting a total of **1 billion pounds** of installed capacity by the end of **2029** [66][68] - The anticipated capital expenditure (CapEx) for the Thailand facility is projected to be between **$1.4 billion and $1.7 billion**, significantly lower than the **$3.4 billion** for the Ironton facility [24][46] Market Opportunities - The global polypropylene market is substantial, with a size of **$200 billion** and a growth rate of **3.5% per year**, necessitating an additional **7 billion pounds** of production annually [67][68] - PureCycle's technology is positioned to meet this demand effectively, with a focus on sustainability and cost efficiency, making it an attractive option for major global brands [36][68] Customer Relationships and Market Penetration - The company has established relationships with key partners such as **Mitsui**, **SK**, and **IRPC**, enhancing its market presence and credibility [19][20] - PureCycle is adapting its products to meet specific customer needs, which has been a significant factor in gaining traction with large brands [60][62] Financial Outlook - A recent capital raise has positioned PureCycle for growth, attracting long-term investors and providing a solid foundation for its expansion plans [38] - The company aims to achieve cost parity with virgin polypropylene production, which would further enhance its competitive edge in the market [45][68] Future Projections - The focus for the upcoming year will be on ramping up production at the Ironton facility and exploring new applications for polypropylene in various industries, including automotive [69][70] - The long-term vision includes becoming the preferred technology for polypropylene production, leveraging its cost-effective and sustainable recycling process [68] Additional Important Insights - The company emphasizes the importance of **sustainability** and addressing the global plastic waste problem, particularly in regions like Southeast Asia where waste management is critical [31][32] - PureCycle's unique approach to recycling, which involves washing rather than breaking down molecules, positions it favorably against traditional recycling methods that often have higher carbon footprints [53][54][57]

Core Viewpoint - PureCycle Technologies has experienced a significant stock surge following a major investment announcement, indicating strong investor confidence in the company's growth potential and expansion plans [1][5]. Funding and Investment - PureCycle has raised $300 million through convertible preferred stock, which offers a 7% coupon and converts to common equity at a 30% premium to the stock's 10-day volume-weighted average price prior to the announcement [2]. - Notable investors in this funding round include Sylebra Capital Management, Samlyn Capital, and Stanley Druckenmiller's Duquesne Family Office, among others [2]. Expansion Plans - The company plans to expand its second U.S. facility in Augusta and construct two new international recycling plants in Thailand and Antwerp, with funding allocated for these developments [3]. - PureCycle anticipates generating $600 million in annual EBITDA by 2030 once the new facilities are fully operational [3]. Market Performance - Following the investment announcement, PureCycle's stock price increased significantly, nearing the preferred shares conversion threshold, driven by robust expansion plans and notable investor participation [5]. - The company's market capitalization is approximately $2.6 billion, which will increase by another $300 million upon conversion of the preferred shares to common stock [6].

PureCycle Technologies Growth Capital Raise Corporate Update Conference Call Summary Company Overview - **Company**: PureCycle Technologies (PCT) - **Event Date**: June 17, 2025 - **Key Speakers**: Dustin Olson (CEO), Jamie Vasquez (CFO), Eric Gennantale (Director of Investor Relations) Key Points Industry and Market Context - PureCycle operates in the recycled polypropylene (PP) market, which is experiencing significant growth due to increasing demand for sustainable materials and regulatory changes favoring recycled content [6][10][12] - The global PP market is projected to grow by approximately 7 billion pounds annually, with PureCycle aiming to capture a portion of this market [30] Growth Plans and Capacity Expansion - PureCycle plans to increase its installed capacity to **1,000,000,000 pounds** following a **$300,000,000** capital raise [3][6] - The expansion is expected to generate approximately **$600,000,000** in EBITDA by February [6] - The company is focusing on establishing facilities in **Thailand**, **Antwerp**, and **Augusta** to optimize costs and meet global demand [15][21][22] Financial Metrics and Capital Expenditure - Total capital expenditure (CapEx) for the expansion is estimated at **$2,000,000,000**, with expectations to keep CapEx per pound below **$2** [24][62] - The Thailand facility's all-in cost is projected to be around **$220,000,000**, translating to **$1.4 to $1.7 per pound** [58] - The Antwerp facility is expected to have a higher CapEx, around **$300,000,000**, but still aims for competitive pricing [59] Operational Improvements and Technology - PureCycle has made significant operational progress at its Ironton facility, achieving on-stream times approaching **90%** and producing pellets for **65 consecutive days** [8] - The company has developed a world-class R&D facility in Durham, North Carolina, enhancing its technological capabilities [10] - The learnings from Ironton are being integrated into future designs to improve reliability and efficiency [34][77] Customer Engagement and Market Demand - Strong endorsements from key customers such as Drake, Churchill, and Bruckner indicate growing commercial interest [9] - Regulatory changes, such as Extended Producer Responsibility (EPR) and minimum recycled content laws, are driving demand for high-quality recycled materials [12][40] - The company anticipates that its growth plan will facilitate discussions with major global brands, enhancing its market position [42] Strategic Partnerships and Global Footprint - Collaboration with IRPC in Thailand is expected to reduce CapEx and operational costs due to existing infrastructure [18][19] - The global footprint allows PureCycle to source feedstock and distribute products efficiently, meeting customer sustainability needs [15] Future Outlook - PureCycle aims to penetrate less than **0.5%** of the total global polypropylene market by 2030, setting the stage for continued growth [13][30] - The company is optimistic about its ability to scale operations and meet increasing demand for recycled materials [41][62] Conclusion - PureCycle is positioned as a leader in the recycled polypropylene market, with a robust growth plan supported by significant capital investment and operational improvements [30][83] - The next five years are expected to be transformative for the company, with a strong focus on expanding capacity and enhancing product offerings [83]

Growth Capital Raise Corporate Update June 17, 2025 Confidential Information. Do Not Distribute. 11 Confidential Information. Do Not Distribute. Forward-Looking Statements This presentation contains forward-looking statements, including statements about the expected timing of the closing of the proposed offering of preferred stock and the continued execution of PureCycle's business plan; the expected growth in the number of PureCycle's facilities, including the timing of such growth and the expected product ...

Core Viewpoint - PureCycle Technologies, Inc. (PCT) has shown a 17% gain over the past four weeks, with a mean price target of $12.20 indicating a potential upside of 67.4% from the current price of $7.29 [1] Price Targets and Analyst Estimates - The mean estimate consists of five short-term price targets with a standard deviation of $4.27, indicating variability among analysts; the lowest estimate is $6 (17.7% decline), while the highest is $18 (146.9% increase) [2] - A low standard deviation suggests a high degree of agreement among analysts regarding the stock's price movement direction, although it does not guarantee the stock will reach the average target [9] Earnings Estimates and Analyst Optimism - Analysts are optimistic about PCT's earnings prospects, as indicated by a strong consensus in revising EPS estimates higher, which correlates with potential stock price increases [11] - Over the last 30 days, the Zacks Consensus Estimate for the current year has increased by 16.3%, with one estimate moving higher and no negative revisions [12] Zacks Rank and Investment Potential - PCT holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, suggesting a strong potential upside in the near term [13]

Group 1 - PureCycle Technologies reported a quarterly loss of $0.27 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.25, representing an earnings surprise of -8% [1] - The company posted revenues of $1.58 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 43.57%, compared to zero revenues a year ago [2] - PureCycle Technologies shares have declined approximately 36% since the beginning of the year, contrasting with the S&P 500's decline of -4.7% [3] Group 2 - The earnings outlook for PureCycle Technologies is mixed, with the current consensus EPS estimate for the coming quarter at -$0.19 on $14 million in revenues, and -$0.80 on $61.8 million in revenues for the current fiscal year [7] - The Waste Removal Services industry, to which PureCycle Technologies belongs, is currently ranked in the bottom 23% of over 250 Zacks industries, indicating potential challenges for stock performance [8]