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PureCycle Extends Bond-Financed Project Timeline and Governance

Story Highlights
  • Southern Ohio Port Authority revenue bonds financed PureCycle’s first commercial-scale recycling facility in Ohio.
  • A Seventh Supplemental Indenture extended the project’s completion deadline to 2029 and revised majority bondholder terms.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
PureCycle Extends Bond-Financed Project Timeline and Governance

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PureCycle Technologies ( (PCT) ) has issued an update.

On October 7, 2020, the Southern Ohio Port Authority issued revenue bonds and loaned the proceeds to PureCycle: Ohio LLC to help finance the acquisition, construction and equipping of PureCycle Technologies’ first commercial-scale recycling facility in Lawrence County, Ohio. On December 26, 2025, PureCycle and related affiliates entered into a Seventh Supplemental Indenture with the issuer and trustee, extending the project’s outside completion date to December 31, 2029 and revising the definition of majority bondholders, changes that reshape project timelines and governance for bondholder decision-making around the financing structure.

The most recent analyst rating on (PCT) stock is a Hold with a $9.00 price target. To see the full list of analyst forecasts on PureCycle Technologies stock, see the PCT Stock Forecast page.

Spark’s Take on PCT Stock

According to Spark, TipRanks’ AI Analyst, PCT is a Underperform.

PureCycle Technologies is facing significant financial challenges, including zero revenue and negative cash flows, which heavily weigh down its stock score. The company’s bearish technical indicators and poor valuation further contribute to a low score. However, recent operational improvements and partnerships offer a glimmer of hope, reflected in slightly higher scores for earnings call and corporate events. Overall, the stock remains a high-risk investment with potential upside if operational improvements lead to financial stability.

To see Spark’s full report on PCT stock, click here.

More about PureCycle Technologies

PureCycle Technologies, Inc., through its indirect wholly owned subsidiary PureCycle: Ohio LLC, is developing its first commercial-scale recycling facility in Lawrence County, Ohio, focused on advanced plastics recycling.

Average Trading Volume: 3,837,637

Technical Sentiment Signal: Sell

Current Market Cap: $1.62B

For an in-depth examination of PCT stock, go to TipRanks’ Overview page.

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