What PureCycle Technologies, Inc. told the SEC could break it.

PureCycle's PureFive recycled-resin business depends on its ability to source feedstock with a high polypropylene content at a reasonable cost (sourced in the U.S. and from suppliers around the world); feedstock availability and price are a core input risk for its dissolution-recycling output.

“The ability to source feedstock with a high polypropylene content at a reasonable cost”

PureCycle sources feedstock from Asia, Europe and elsewhere and steel/materials for building its planned facilities; expanded U.S. tariffs (on imports from China, Canada, Mexico and others) could raise its feedstock and construction costs, forcing PureFive resin price increases, margin compression, and customer loss.

“the U.S. government has imposed and expanded tariffs and other trade measures on certain foreign imports into the U.S., particularly from China, Canada, and Mexico. If any restrictions or significant increases in costs or tariffs are imposed related to feedstock sourced from Asia, Europe, or elsewhere, as a result of amendments to existing trade agreements, and PCT's supply costs consequently increase, PCT may be required to raise PureFive ® resin product prices, which may result in decreased margins”