4//SEC Filing
Sylebra Capital Ltd 4
Accession 0002003074-24-000007
CIK 0001830033other
Filed
Sep 15, 8:00 PM ET
Accepted
Sep 16, 10:54 AM ET
Size
12.2 KB
Accession
0002003074-24-000007
Insider Transaction Report
Form 4
SYLEBRA CAPITAL LLC
10% Owner
Transactions
- Purchase
Common Stock
2024-09-13$4.69/sh+4,264,393$20,000,003→ 33,050,456 total(indirect: See Footnote (1) and (2)) - Purchase
Warrants to Purchase Common Stock
2024-09-13$1.00/sh+2,500,000$2,500,000→ 2,500,000 total(indirect: See Footnote (1) and (2))Exercise: $11.50→ Common Stock (2,500,000 underlying)
Gibson Daniel Patrick
Director10% Owner
Transactions
- Purchase
Warrants to Purchase Common Stock
2024-09-13$1.00/sh+2,500,000$2,500,000→ 2,500,000 total(indirect: See Footnote (1) and (2))Exercise: $11.50→ Common Stock (2,500,000 underlying) - Purchase
Common Stock
2024-09-13$4.69/sh+4,264,393$20,000,003→ 33,050,456 total(indirect: See Footnote (1) and (2))
Sylebra HK Co Ltd
10% Owner
Transactions
- Purchase
Warrants to Purchase Common Stock
2024-09-13$1.00/sh+2,500,000$2,500,000→ 2,500,000 total(indirect: See Footnote (1) and (2))Exercise: $11.50→ Common Stock (2,500,000 underlying) - Purchase
Common Stock
2024-09-13$4.69/sh+4,264,393$20,000,003→ 33,050,456 total(indirect: See Footnote (1) and (2))
Footnotes (4)
- [F1]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.
- [F2]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.
- [F3]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.
- [F4]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.
Documents
Issuer
PureCycle Technologies, Inc.
CIK 0001830033
Entity typeother
IncorporatedHong Kong
Related Parties
1- filerCIK 0001627436
Filing Metadata
- Form type
- 4
- Filed
- Sep 15, 8:00 PM ET
- Accepted
- Sep 16, 10:54 AM ET
- Size
- 12.2 KB