PCTTU Filing Shows Pure Crown & HCC Manager No Longer Shareholders

Rhea-AI Filing Summary

Amendment No. 3 to Schedule 13G discloses that Pure Crown LLC and its manager HCC Manager LLC now hold 0 common shares of PureCycle Technologies, Inc. 0% of the outstanding class.

The filing, signed on 07 July 2025 by Executive Vice President Richard H. Robb, cites an event date of 17 March 2022. Both entities certify the shares were held in the ordinary course of business and not for the purpose of influencing control. As ownership has fallen below the 5 % threshold, disclosure is required under Rule 13d-1.

Key facts

• Reporting persons: Pure Crown LLC (Delaware) and HCC Manager LLC (Illinois).
• Sole or shared voting/dispositive power: 0.
• Aggregate beneficial ownership: 0 shares / 0 %.
• Type of reporting persons: “OO” (other) for Pure Crown LLC and “HC”

The amendment signals a complete exit by a previously reportable shareholder group, increasing PureCycle’s public float but removing a potential source of strategic support.

Positive

• None.

Negative

• Pure Crown LLC and HCC Manager LLC report owning zero shares (0 %), indicating a full exit by a previously reportable shareholder, which may weigh on investor confidence.

Insights

Securities Analyst

TL;DR: Large shareholder group reports 0% stake—complete exit suggests diminished insider support.

This 13G/A confirms Pure Crown LLC and its parent HCC Manager LLC no longer own any PureCycle shares. Their stake has dropped below the 5 % reporting threshold to 0 %, eliminating their voting and dispositive power. For investors, the filing is modestly negative: (1) it removes a potentially supportive long-term holder, (2) it may reflect a lack of conviction in the issuer’s prospects. While the exit marginally increases free float and trading liquidity, the loss of a former significant holder could pressure sentiment, especially if the market interprets it as insider pessimism. No financial metrics are affected directly, but the signal value is material.

Corporate Governance Expert

TL;DR: Governance impact limited; key takeaway is reduced concentrated ownership.

From a governance angle, the departure of Pure Crown LLC removes a concentrated owner that might have influenced strategic decisions. The company’s shareholder base becomes more dispersed, which can either enhance market liquidity or dilute focused oversight. No activism language appears; the certifying language expressly disclaims any intent to influence control, reinforcing a passive stance. The filing is therefore impactful mainly as a disclosure of passive divestiture rather than governance conflict.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 3)

PureCycle Technologies, Inc.

(Name of Issuer)

Common Stock, par value $0.001 per share

(Title of Class of Securities)

74623V103

(CUSIP Number)

03/17/2022

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 74623V103

1

Names of Reporting Persons

Pure Crown LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

CUSIP No. 74623V103

1

Names of Reporting Persons

HCC Manager, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

ILLINOIS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

Item 1.
(a)	Name of issuer: PureCycle Technologies, Inc.
(b)	Address of issuer's principal executive offices: 20 North Orange Avenue, Suite 106, Orlando, Florida 32801
Item 2.
(a)	Name of person filing: (1) Pure Crown LLC (2) HCC Manager LLC
(b)	Address or principal business office or, if none, residence: 22 N. LaSalle Street, Suite 2000, Chicago, Illinois 60601
(c)	Citizenship: (1) Delaware (2) Illinois
(d)	Title of class of securities: Common Stock, par value $0.001 per share
(e)	CUSIP No.: 74623V103
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: See row 9 of the cover pages.
(b)	Percent of class: See row 11 of the cover pages.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: See row 5 of the cover pages.
	(ii) Shared power to vote or to direct the vote: See row 6 of the cover pages.
	(iii) Sole power to dispose or to direct the disposition of: See row 7 of the cover pages.
	(iv) Shared power to dispose or to direct the disposition of: See row 8 of the cover pages.
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. Pure Crown LLC is managed by HCC Manager LLC.
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Pure Crown LLC

Signature:	/s/ Richard H. Robb
Name/Title:	Manager, By: Richard H. Robb Title: Executive Vice President
Date:	07/08/2025

HCC Manager, LLC

Signature:	/s/ Richard H. Robb
Name/Title:	Richard H. Robb, Executive Vice President
Date:	07/08/2025

FAQ

Why did Pure Crown LLC file a Schedule 13G/A for PureCycle (PCTTU)?

Because its ownership fell to 0 %, requiring disclosure that it now holds 5 % or less of the outstanding common stock.

How many PureCycle shares are currently owned by the reporting persons?

The filing states 0.00 shares are beneficially owned, with no voting or dispositive power.

What percentage of PureCycle’s common stock do Pure Crown LLC and HCC Manager LLC now hold?

They hold 0 % of the class after the divestiture.

When was the amended Schedule 13G signed?

The certification was signed on 07/08/2025 by Richard H. Robb.

What is PureCycle’s CUSIP number referenced in the filing?

The CUSIP for PureCycle common stock is 74623V103.