PureCycle Announces Closing of Concurrent Public Offerings of Convertible Senior Notes and Common Stock

ORLANDO, Fla., June 15, 2026 (GLOBE NEWSWIRE) — PureCycle Technologies, Inc. (“PureCycle” or the “Company”) (NASDAQ: PCT) today announced the closing of its previously announced public offerings of $287.5 million aggregate principal amount of its 4.75% convertible senior notes due 2032 (the “notes” and, such offering, the “Notes Offering”) and 19,854,000 shares of the Company’s common stock (the “Stock Offering” and, together with the Notes Offering, the “Offerings”), which included $37.5 million aggregate principal amount of notes issued to the underwriters in the Notes Offering pursuant to the exercise in full of their over-allotment option, and 2,283,800 shares of common stock issued to the underwriters in the Stock Offering pursuant to the exercise in full of their option to purchase additional shares of common stock.

Source: https://www.globenewswire.com/news-release/2026/06/15/3312185/0/en/PureCycle-Announces-Closing-of-Concurrent-Public-Offerings-of-Convertible-Senior-Notes-and-Common-Stock.html