PURECYCLE TECHNOLOGIES, INC. : Other Events, Financial Statements and Exhibits (Form 8-K)

Item 8.01. Other events.

As previously stated, on or before March 7, 2022, PureCycle Technologies, Inc. (the “Company”) has entered into subscription agreements (the “Subscription Agreements”) with certain investors (the “Investors”), pursuant to which the Company has agreed to sell to Investors, under a private placement, common shares of the Company, par value $0.001 per share (“Common Shares”) and Series A warrants to purchase Common Shares (the “Series A Warrants”) at a price of $7.00 per Common Share and one-half (1/2) of a Series A Warrant (the “Offer”).

At March 17, 2022, the Company closed the offering and issued to investors a total of 35,714,272 common shares and Series A warrants to purchase a total of 17,857,136 common shares. The Company received approximately $250 million of the gross proceeds of the Offering.

Item 9.01 Financial statements and supporting documents.

(d) Exhibits

Exhibit Number            Description of Exhibit
104                       The cover page from this Current Report on Form 8-K, formatted as Inline

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