PureCycle Technologies executed a twelfth amendment to its revolving credit agreement with Sylebra Capital Partners and Menlo Master Fund. The amendment extends the facility's maturity date from September 30, 2027, to September 30, 2028, and requires the payment of a maturity extension fee. The lenders are greater than 5% beneficial owners of the company. PureCycle Technologies operates in the recycling industry, specifically focusing on purifying polypropylene plastic.

PureCycle Technologies, Inc. completed two major offerings on June 15, 2026, raising approximately $278.3 million through the sale of $287.5 million in 4.75% convertible senior notes due 2032 and approximately $154.2 million through a public common stock offering of 19,854,000 shares. The company simultaneously entered into agreements to repurchase approximately $216.0 million in principal of its outstanding 7.25% Green Convertible Senior Notes due 2030 for $246.3 million in cash. These transactions are expected to reduce the outstanding Green Convertible Notes to approximately $34.0 million. PureCycle Technologies, Inc. is a technology company focused on recycling processes.

On June 10, 2026, PureCycle Technologies announced concurrent underwritten public offerings of $250.0 million in convertible senior notes due 2032 and $145.0 million of common stock. To facilitate these offerings, the company executed the Eleventh Amendment to its Revolving Credit Agreement with Sylebra Capital Partners and other lenders, which permits the offerings and removes certain secured obligations related to Series A Preferred Stock, Series C Warrants, and Pre-Funded Warrants. The company also provided updated risk factor disclosures. PureCycle Technologies operates in the plastics recycling industry, focusing on the purification of waste polypropylene.