NEW YORK - 
(NewMediaWire) - May 24, 2021 - Faruqi & Faruqi, LLP, a
leading national securities law firm, is investigating potential claims against
PureCycle Technologies, Inc. (“PureCycle” or the “Company”) (NASDAQ:PCT).
If you suffered losses exceeding $50,000 investing in PureCycle stock or options and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). You may also click here for additional information: http://www.faruqilaw.com/PCT.
There is no cost or obligation to you.
Faruqi & Faruqi is a leading minority and Woman-owned national securities law firm with offices in New York, Delaware, Pennsylvania, California and Georgia.
On May 6th, 2021, Hindenburg Research published an article entitled "PureCycle: The Latest Zero-Revenue ESG SPAC Charade, Sponsored By The Worst Of Wall Street" (the “Article”) addressing, among other things, the company's plastic recyclable technology isn’t a breakthrough and the company’s projections are unrealistically aggressive, considering they currently generate zero revenue.
On May 6th, 2021, the first trading day following publication of the Article, PureCycle's stock price fell $9.29 per share, or roughly 38%.
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