PureCycle Technologies, Inc. (NASDAQ:PCT) Q1 2022 Earnings Conference Call May 12, 2022 11:00 AM ET

Company Participants

Mike Otworth – Chairman and Chief Executive Officer

Larry Somma – Chief Financial Officer

Dustin Olson – Chief Operating Officer and Chief Manufacturing Officer

Conference Call Participants

Hassan Ahmed – Alembic Global

Eric Stine – Craig-Hallum

Noah Kaye – Oppenheimer

Thomas Boyes – Cowen & Co

Steve Byrne – Bank of America

Operator

Thank you for standing by and welcome to the PureCycle Technologies First Quarter 2022 Corporate Update Conference Call. At this time all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions] As a reminder today's conference call is being recorded.

I will now turn the conference over to your host Mr. Larry Somma, Chief Financial Officer, PureCycle Technologies. Sir you may begin.

Larry Somma

Thank you. Welcome to PureCycle Technologies first quarter earnings update conference call. I'm Larry Somma, Chief Financial Officer, and joining me today are Chairman and Chief Executive Officer, Mike Otworth; and our Chief Operating Officer and Chief Manufacturing Officer, Dustin Olson.

This morning, we will be highlighting our corporate developments for Q1. The presentation we will be going through on the call can also be found on the IR page of our website, purecycle.com. Many of the statements made today will be forward-looking and are based on management's beliefs and assumptions and information currently available to management at this time. These statements are subject to known and unknown risks and uncertainties, many of which may be beyond our control, including those set forth in our safe harbor provisions for forward-looking statements that can be found at the end of our first quarter 2022 corporate update press release and in our filed quarterly report on Form 10-Q filed this morning as well as in our other reports on file with the SEC that provides further detail about the risks related to our business.

Additionally, please note that the company's actual results may differ materially from those anticipated and, except as required by law, we undertake no obligation to update any forward-looking statement. Our remarks today may also include preliminary non-GAAP estimates and are subject to risks and uncertainties including among others changes in connection with quarter end and year-end adjustments. Any variation between PCT's actual results and the preliminary financial data set forth herein may be material. You are welcome to follow along with our slide deck or if joining us by phone you can access it on – at any time on purecycle.com. We are excited to share updates from the previous quarter with you.