SCHEDULE 13G/A: Samlyn Capital, LP, and Robert Pohly Report 6.5% Beneficial Ownership in PureCycle Technologies

Samlyn Capital, LLC, Samlyn, LP, and Robert Pohly have jointly reported a 6.5% beneficial ownership stake in PureCycle Technologies, Inc., totaling 11,668,311 shares of common stock as of December 31, 2024.

Summary

• The filing is an Amendment No. 3 to Schedule 13G, reporting beneficial ownership of Common Stock, par value $0.001 per share, of PureCycle Technologies, Inc. (CUSIP: 74623V103).
• The reporting persons are Samlyn Capital, LLC (a Delaware-organized investment adviser), Samlyn, LP (a Delaware-organized private partnership), and Robert Pohly (a U.S. citizen and control person).
• As of December 31, 2024, the aggregate amount beneficially owned by each reporting person is 11,668,311 shares.
• This ownership represents 6.5% of the class of PureCycle Technologies, Inc. Common Stock.
• All 11,668,311 shares are held with shared voting power and shared dispositive power by the reporting persons.
• The securities were acquired and are held in the ordinary course of business and not for the purpose of or with the effect of changing or influencing the control of the issuer.
• The shares are directly owned by advisory clients of Samlyn Capital, LLC, and none of these advisory clients are known to beneficially own more than 5% of the Common Stock individually.

Sentiment

Score: 6

Explanation: The filing indicates a significant, passive institutional investment in PureCycle Technologies, Inc., which can be viewed as a neutral to slightly positive signal of investor confidence, without providing specific operational or financial performance details.

Positives

• A significant institutional investor, Samlyn Capital, LLC, holds a 6.5% stake in PureCycle Technologies, Inc., indicating potential confidence in the company.
• The investment is stated to be for ordinary course of business purposes, not for influencing control, suggesting a passive, long-term investment approach.

Negatives

• The document does not contain information regarding the operational or financial performance of PureCycle Technologies, Inc., limiting insights into potential negatives related to the company's business.

Risks

• The reporting persons disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest, and the report is not an admission of beneficial ownership for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

Future Outlook

The document is a beneficial ownership report and does not provide any forward-looking statements or guidance regarding PureCycle Technologies, Inc.'s future operations or financial performance.

Management Comments

• Robert Pohly, Managing Member of Samlyn GP, LLC, certified that the information set forth in the statement is true, complete, and correct, and that the securities were acquired and are held in the ordinary course of business and not for the purpose of or with the effect of changing or influencing the control of PureCycle Technologies, Inc.

Industry Context

This Schedule 13G filing reflects a passive investment by an institutional investor in PureCycle Technologies, Inc., a company operating in the recycling and sustainable materials industry. Such filings are standard disclosures for significant ownership stakes and do not inherently provide broader industry trend analysis.

Stakeholder Impact

• Shareholders: Increased transparency regarding a significant institutional holder's stake in the company.
• Management: Awareness of a substantial passive investor on the shareholder register.

Next Steps

• Continued compliance with SEC reporting requirements for beneficial ownership by the reporting persons.

Key Dates

Keywords

PureCycle Technologies, Samlyn Capital, Samlyn LP, Robert Pohly, Schedule 13G, beneficial ownership, common stock, institutional investment, SEC filing, PCT