Financial Results - The company issued a press release on November 7, 2024, detailing its financial results and operational updates[4] - The presentation to investors included key financial metrics and strategic initiatives for future growth[5] Stock Information - The company is listed on The Nasdaq Stock Market under the symbol PCT for common stock[2]

Group 1: Market Sentiment and Short Interest - Understanding bearish sentiment around stocks can be enhanced by analyzing short interest, which indicates how much investors are betting against a stock [1] - Stocks with high short interest that are trading near their 52-week highs suggest that short sellers have not yet profited significantly, indicating potential for future gains if the stock price declines [2] - High short interest combined with a stock price near its 52-week high may signal overvaluation, making long positions risky [3] Group 2: Company Analysis - PureCycle Technologies - PureCycle Technologies (PCT) has seen a stock price increase of nearly 250% in 2024, currently trading just 10% below its 52-week high, with a high short interest of 27% [3][4] - The company focuses on recycling polypropylene (PP), a plastic that is not effectively recycled by traditional methods, aiming to sell recycled PP to manufacturers [4] - Despite its eco-friendly technology, PureCycle is valued at over $2 billion with essentially $0 in revenue, raising concerns about its profitability compared to established firms in the recycling industry [5][6] Group 3: Company Analysis - NuScale Power - NuScale Power (SMR) has experienced a stock price increase of over 550% in 2024, trading just 1% below its 52-week high, with a high short interest of 23% [7] - The company is developing small modular reactors (SMRs) to meet increasing electricity demand, particularly from data centers that prefer nuclear energy for its reliability [8] - Despite the theoretical appeal of SMRs, none are currently operational in the US, raising questions about their commercial viability [8] Group 4: Company Analysis - Trupanion - Trupanion (TRUP), a pet insurance provider, has seen a stock price increase of 79% in 2024, with a short interest of 25% and trading just 2% below its 52-week high [9] - The company has hundreds of millions in quarterly revenue and is nearly profitable on a non-adjusted basis, which is a positive sign compared to its peers [10][11] - However, Trupanion is one of only five U.S.-traded insurance stocks worth over $1 billion that reported a net loss in the last 12 months, raising concerns about its profitability in a growing industry [11]

Core Viewpoint - PureCycle Technologies is experiencing significant stock price growth, up over 250% this year, attracting investor attention and analyst ratings, including an overweight rating from Cantor Fitzgerald with a price target of $14 [1][5] Company Overview - PureCycle Technologies focuses on recycling polypropylene (PP) into ultra-pure recycled (UPR) resin, which can be used to create new plastic products [1] - The company aims to address the low recycling rate of PP, which is approximately 3%, compared to 15% for polyethylene terephthalate (PET) [2] Recycling Technology - PureCycle employs a solvent dissolution method for recycling, which is more effective for PP than traditional mechanical recycling, allowing for the removal of impurities and maintaining material integrity [3][4] - The solvent dissolution process is energy-efficient but remains costly [4] Financial Situation - Currently, PureCycle has no revenue and is working to scale its processing operations to achieve a target of 107 million pounds of annual production at its Ironton facility [5] - The company reported a significant cash burn, averaging -$38 million from operations over the last three quarters, and plans to raise $90 million through equity issuance [6] Market Challenges - Despite its innovative approach, the company faces challenges in the recycling industry, as evidenced by the struggles of larger competitors like Indorama Ventures to maintain profitability [7] - Analysts currently hold a "Hold" rating on PureCycle, indicating caution in the investment outlook [8]

PureCycle Technologies, Inc. (NASDAQ:PCT) Q2 2024 Earnings Conference Call August 8, 2024 10:00 AM ET Company Participants Christian Bruey - Director of Corporate Communications Dustin Olson - CEO Jaime Vasquez - CFO Conference Call Participants Hassan Ahmed - Alembic Global Advisors Eric Stine - Craig-Hallum Capital Markets Brian Butler - Stifel Thomas Boyes - TD Cowen Gerard Sweeney - ROTH Capital Operator Good day, and thank you for standing by. Welcome to the PureCycle Technologies Second Quarter 2024 C ...

cgdeaw/iStock via Getty Images PCT a recap of the business IronTon Progress is a big positive PCT conducted a site tour, and the CEO shared a lot of information as he walked around. A recording of the tour is on the PCT website. Technical Progress PCT Finances My concerns with PCT operations have been reduced. I now believe they will solve the technological problems, and they have proven that the IronTon site can operate at high volume and produce high-quality output. They still have issues to resolve but I ...

Richard Drury/DigitalVision via Getty Images Introduction Towards the end of November 2023, we had crafted a piece on PureCycle Technologies, Inc. (NASDAQ:PCT) (NASDAQ:PCTTU), nudging investors to purchase this beaten-down small-cap stock that could potentially benefit from improved business prospects in 2024. We are now revising our rating to a HOLD. The big picture pitch here is that there's an awful lot of polypropylene (PP) that comes into the system every year (170bn p.a. and likely growing at 3.5% CAG ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Orlando, Florida 32822 (877) 648-3565 For the transition period from to Commission File Number: 001-40234 PureCycle Technologies, Inc. (Exact name of registrant as specified in its charter) ...

Exhibit 99.1 PureCycle Technologies Provides First Quarter 2024 Update Orlando, Fla. – May 7, 2024, – PureCycle Technologies, Inc. (Nasdaq: PCT), a U.S.-based company revolutionizing plastic recycling, today, announced a corporate update for the first quarter ending March 31, 2024. Management Commentary PureCycle Chief Executive Officer Dustin Olson said, "We had a productive quarter in Ironton and were able to start providing existing and future customers with resin from the commercial facility, so they co ...

Financial Data and Key Metrics Changes - Unrestricted cash declined by just under $90 million during Q4 2023, primarily due to a $50 million increase in the general liquidity reserve as part of the second amendment to the Ironton revenue bond [24] - Operating corporate-related expenses were $27.5 million for Q4, adjusted for severance related to a previously announced reduction in force, aligning with expectations [52] - The company increased its line of credit from $150 million to $200 million to rebuild liquidity post-bond repurchase [54] Business Line Data and Key Metrics Changes - Pellet production increased five times from 200,000 pounds to 1.3 million pounds, with a single-day feed record of 102,000 pounds and a single-day palletization record of 144,000 pounds [11] - CP2 production increased from 16,000 pounds to 48,000 pounds from January to February 2024 [40] - The company achieved end-to-end production rates of approximately 8,000 pounds per hour, successfully producing significant quantities of co-products [55] Market Data and Key Metrics Changes - There is stronger demand for the company's product than originally expected, with a shorter supply of good quality competition [17] - The company is seeing positive market feedback for its product, which offers a true plastic-to-plastic solution with benefits that other technologies do not provide [47] Company Strategy and Development Direction - The company plans to focus on core operations to achieve higher continuous plant rates and drive more consistent product quality [10] - A Q2 outage is planned to implement reliability improvements, which is expected to significantly impact operational performance [41] - The company is transitioning into traditional manufacturing processes, improving reliability, and optimizing operations [38] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the future fundamentals of the business, particularly post-Q2 outage [106] - The company is confident in its ability to source feedstocks and does not foresee long-term constraints in availability [69] - Management highlighted the importance of building a strong foundation for the plant to ensure long-term productivity [91] Other Important Information - The company successfully purchased around 99% of the $249 million Southern Ohio Court Authority revenue bonds, removing restrictive covenants and allowing for better operational focus [25] - The company is working on a project to flake sort material produced from the prep wet line to process more post-consumer curbside material [44] Q&A Session Summary Question: How challenging is it to engineer around CP2? - Management acknowledged that CP2 presents a challenging technical problem but believes a good design solution is in place for development in Q2 [29] Question: Is there a challenge in sourcing feedstock with lower CP2 content? - Management confirmed that they have a good feedstock network and do not expect sourcing to be a long-term constraint [59] Question: What is the expected run rate for SG&A? - Management indicated that SG&A is higher than previous estimates due to global volatility and inflation, but they are consistently looking for optimization opportunities [61] Question: Are there any embedded dates in offtake agreements that could affect customer patience? - Management reassured that there is strong demand for the product and core customers are still engaged in testing commercial scale products [64] Question: What is the latest on the Augusta project? - Management confirmed that the Augusta project is moving forward and integrating learnings from Ironton into the design [71]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________ FORM 10-K _______________________________ (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For transition period from to Commission File Number 001-40234 _______________________________ PureCycle Technologies, Inc. (Exact ...