Filing Details
- Accession Number:
- 0002003074-24-000007
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-09-16 10:54:13
- Reporting Period:
- 2024-09-13
- Accepted Time:
- 2024-09-16 10:54:13
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1830033 | Purecycle Technologies Inc. | PCT | () | K3 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1627436 | Ltd Capital Sylebra | 28 Hennessy Road, 20Th Floor Wan Chai Hong Kong K3 00000 | No | No | Yes | No | |
1745725 | Patrick Daniel Gibson | 400 Fairview Avenue North, Suite 1200 Seattle WA 98109 | No | No | Yes | No | |
2003074 | Sylebra Capital Llc | 3000 El Camino Real Building 5 Suite 450 Palo Alto CA 94306 | No | No | Yes | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2024-09-13 | 4,264,393 | $4.69 | 33,050,456 | No | 4 | P | Indirect | See Footnote (1) and (2) |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Indirect | See Footnote (1) and (2) |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Warrants to Purchase Common Stock | Acquisiton | 2024-09-13 | 2,500,000 | $1.00 | 2,500,000 | $11.50 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
2,500,000 | No | 4 | P | Indirect |
Footnotes
- Sylebra Capital Limited (Sylebra HK) and Sylebra Capital LLC (Sylebra US) are the investment sub-advisers to Sylebra Capital Partners Master Fund, Ltd. (SCP MF), Sylebra Capital Parc Master Fund (PARC MF), Sylebra Capital Menlo Master Fund (MENLO MF), and other advisory clients. SCP MF, PARC MF, MENLO MF and other advisory clients are referred to collectively as the Affiliated Investment Entities. Sylebra Capital Management (Sylebra Cayman) is the investment manager and parent of Sylebra HK. Sylebra Cayman owns 100% of the shares of Sylebra HK, and Daniel Patrick Gibson (Gibson) owns 100% of the Class A shares of Sylebra Cayman and 100% of the membership interests of Sylebra US. Gibson is a founder and Chief Investment Officer of Sylebra Cayman. In such capacities, Sylebra HK, Sylebra US, Sylebra Cayman and Gibson may be deemed to share voting and dispositive power over the securities of the Issuer held by the Affiliated Investment Entities.
- These securities are held by the Affiliated Investment Entities. Sylebra HK, Sylebra US, Sylebra Cayman, and Gibson disclaim beneficial ownership of these securities, and this report shall not be deemed an admission that Sylebra HK, Sylebra US, Sylebra Cayman, and Gibson are the beneficial owners of such securities, except to the extent of their pecuniary interest, if any, therein.
- The warrants are immediately exercisable; however, the warrants are subject to a 19.9% stock ownership cap. As a result, the warrants are not exercisable by the Affiliated Investment Entities at any time within 60 days of the issue date.
- The warrants are exercisable until the earlier of (i) 5:00 p.m. (New York City time) on December 1, 2030 and (ii) the redemption date of the warrants.