Item 8.01. Other Events.

As previously disclosed, on or before March 7, 2022, PureCycle Technologies, Inc. (the "Company") entered into subscription agreements (the "Subscription Agreements") with certain investors (the "Investors"), pursuant to which the Company agreed to sell to the Investors, in a private placement, shares of the Company's common stock, par value $0.001 per share ("Common Stock"), and Series A warrants to purchase shares of Common Stock (the "Series A Warrants") at a price of $7.00 per share of Common Stock and one-half (1/2) of one Series A Warrant (the "Offering").

On March 17, 2022, the Company closed the Offering and issued to the Investors an aggregate of 35,714,272 shares of Common Stock and Series A Warrants to purchase an aggregate of 17,857,136 shares of Common Stock. The Company received approximately $250 million in gross proceeds from the Offering.

Item 9.01 Financial Statements and Exhibits.



(d) Exhibits

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

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