Form 4: Sylebra Capital LLC Reports Acquisition of PureCycle Technologies Stock

Sylebra Capital LLC reports the acquisition of 619,925 shares of PureCycle Technologies common stock at $8.06 per share, increasing their indirect holdings.

Summary

• Sylebra Capital LLC reported acquiring 619,925 shares of PureCycle Technologies (PCT) common stock on February 6, 2025, at a price of $8.06 per share.
• Following the transaction, the total number of shares beneficially owned indirectly by Sylebra Capital LLC is 34,077,574.
• The shares are held by Affiliated Investment Entities, with Sylebra Capital Limited and Sylebra Capital LLC acting as investment sub-advisers.
• Sylebra Capital Management is the investment manager and parent of Sylebra HK.
• Daniel Patrick Gibson owns 100% of the Class A shares of Sylebra Cayman and 100% of the membership interests of Sylebra US.
• Sylebra HK, Sylebra US, Sylebra Cayman, and Gibson disclaim beneficial ownership of these securities except to the extent of their pecuniary interest.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of stock acquisition, without explicit positive or negative implications.

Positives

• The acquisition of shares indicates a continued investment in PureCycle Technologies by Sylebra Capital LLC.

Industry Context

This filing reflects ongoing investment activity in the sustainable materials sector, specifically in companies like PureCycle Technologies that are focused on recycling and transforming plastic waste.

Stakeholder Impact

• The increased stake by Sylebra Capital LLC could be viewed positively by shareholders, potentially signaling confidence in PureCycle Technologies' future prospects.

Key Dates

Keywords

PureCycle Technologies, Sylebra Capital, stock acquisition, beneficial ownership, Form 4, PCT