{"filing":{"accession_number":"0001193125-26-271316","cik":"0001830033","ticker":"PCTTW","company_name":"PureCycle Technologies, Inc.","form":"8-K","filing_date":"2026-06-15","report_date":null,"primary_document":"d120518d8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1830033/000119312526271316/d120518d8k.htm"},"events":[{"id":11150,"run_id":9773,"accession_number":"0001193125-26-271316","anchor_item_number":"1.01","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.85,"summary":"PureCycle Technologies entered into material definitive agreements on June 10, 2026, including an underwriting agreement for $287.5 million in convertible senior notes due 2032, an underwriting agreement for 19.85 million shares of common stock raising approximately $154.2 million in net proceeds, and repurchase agreements to retire approximately $216 million of existing Green Convertible Notes for approximately $246.3 million in cash, representing a significant capital restructuring and refinancing of the company's capital structure.","company_name":"PureCycle Technologies, Inc.","ticker":"PCTTW","filing_date":"2026-06-15","form":"8-K","submitted_at":null,"items":[{"id":7665,"accession_number":"0001193125-26-271316","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.85,"reasoning":"PureCycle Technologies entered into material definitive agreements on June 10, 2026, including: (1) an underwriting agreement for $287.5 million in convertible senior notes due 2032, (2) an underwriting agreement for 19.85 million shares of common stock raising ~$154.2 million net proceeds, and (3) repurchase agreements to retire ~$216 million of existing Green Convertible Notes for ~$246.3 million cash. These transactions collectively represent a significant capital restructuring and refinancing activity that materially affects the company's capital structure and financial position. While technically Item 1.01 covers \"material definitive agreements\" broadly, the substance here is a material financing and debt refinancing transaction that would be classified as ma_activity given the scale and strategic nature of the combined offerings and debt repurchase.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-15T21:25:13.086588+00:00","company_name":"","ticker":null,"filing_date":""},{"id":7666,"accession_number":"0001193125-26-271316","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.45,"reasoning":"Item 2.03 discloses creation of a direct financial obligation, but the actual substance is incorporated by reference from Item 1.01. Without access to Item 1.01's content, the specific event type cannot be determined with confidence. Item 1.01 typically covers material agreements or acquisitions; if it involves debt covenant violations or accelerated obligations, covenant_breach would apply; if it involves M\u0026A, ma_activity would apply. Given the ambiguity and the materiality of Item 2.03 disclosures generally, other_material is the most defensible classification pending review of Item 1.01.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-15T21:25:13.086588+00:00","company_name":"","ticker":null,"filing_date":""},{"id":7667,"accession_number":"0001193125-26-271316","item_number":"7.01","item_title":"Regulation FD Disclosure.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"The disclosure announces the closing of \"the Offerings\" and use of proceeds to repurchase Green Convertible Notes. While the Item 7.01 filing itself is non-binding, the substance describes completion of an equity or convertible offering and a debt repurchase, both material capital structure events. The reference to \"Offerings\" (plural) and convertible notes suggests dilutive equity issuance activity typical of small-cap financing.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-15T21:25:13.086588+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":7665,"accession_number":"0001193125-26-271316","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.85,"reasoning":"PureCycle Technologies entered into material definitive agreements on June 10, 2026, including: (1) an underwriting agreement for $287.5 million in convertible senior notes due 2032, (2) an underwriting agreement for 19.85 million shares of common stock raising ~$154.2 million net proceeds, and (3) repurchase agreements to retire ~$216 million of existing Green Convertible Notes for ~$246.3 million cash. These transactions collectively represent a significant capital restructuring and refinancing activity that materially affects the company's capital structure and financial position. While technically Item 1.01 covers \"material definitive agreements\" broadly, the substance here is a material financing and debt refinancing transaction that would be classified as ma_activity given the scale and strategic nature of the combined offerings and debt repurchase.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-15T21:25:13.086588+00:00","company_name":"PureCycle Technologies, Inc.","ticker":"PCTTW","filing_date":"2026-06-15"},{"id":7666,"accession_number":"0001193125-26-271316","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.","event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.45,"reasoning":"Item 2.03 discloses creation of a direct financial obligation, but the actual substance is incorporated by reference from Item 1.01. Without access to Item 1.01's content, the specific event type cannot be determined with confidence. Item 1.01 typically covers material agreements or acquisitions; if it involves debt covenant violations or accelerated obligations, covenant_breach would apply; if it involves M\u0026A, ma_activity would apply. Given the ambiguity and the materiality of Item 2.03 disclosures generally, other_material is the most defensible classification pending review of Item 1.01.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-15T21:25:13.086588+00:00","company_name":"PureCycle Technologies, Inc.","ticker":"PCTTW","filing_date":"2026-06-15"},{"id":7667,"accession_number":"0001193125-26-271316","item_number":"7.01","item_title":"Regulation FD Disclosure.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.75,"reasoning":"The disclosure announces the closing of \"the Offerings\" and use of proceeds to repurchase Green Convertible Notes. While the Item 7.01 filing itself is non-binding, the substance describes completion of an equity or convertible offering and a debt repurchase, both material capital structure events. The reference to \"Offerings\" (plural) and convertible notes suggests dilutive equity issuance activity typical of small-cap financing.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-06-15T21:25:13.086588+00:00","company_name":"PureCycle Technologies, Inc.","ticker":"PCTTW","filing_date":"2026-06-15"}]}