On March 11, 2021, Pure Cycle issued a press release and prepared an informational slide deck which it posted on its website regarding Pure Cycle launching a new business segment in the single-family residential rental market referred to as the Build-to-Rent (“BTR”) segment. The press release and presentation include forward-looking statements and pro forma information. Pure Cycle will present this new segment as a separate reportable segment in addition to its Land Development and Water and Wastewater Resource Development segments once it is material. There are no material changes to the previously reported financial results of the two segments.
The information contained in this Item 7.01 of Form 8-K, including the accompanying Exhibit 99.1 and 99.2 is being furnished, and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section. The information contained in the press release shall not be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, whether made before or after the date hereof, except as shall be expressly set forth by specific reference in such a filing.
Item 9.01
Financial Statements and Exhibits.

(d)Exhibits.

PURE CYCLE CORP Exhibit
EX-99.1 2 pcyo_ex991.htm PRESS RELEASE pcyo_ex991   Exhibit 99.1   Pure Cycle Corporation To Build Single-Family Homes for Long-Term Rental   DENVER,…
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About PURE CYCLE CORPORATION (NASDAQ:PCYO)

Pure Cycle Corporation is an integrated water company that provides wholesale water and wastewater services. The Company provides its services to wholesale customers, which include industrial customers and local governmental entities that provide water and wastewater services to their end-use customers located in the Denver, Colorado metropolitan area. The Company is engaged in selling water service to customers, using water rights owned or controlled by the Company and developing infrastructure to divert, treat and distribute that water and collect, treat and reuse wastewater. The Company owns a portfolio of water rights located in the Denver, Colorado metropolitan area, Southeastern Colorado in the Arkansas River, and the Western Slope of Colorado in the Colorado River. The Company’s Denver area assets include Rangeview Water, the Lowry Range Property, Sky Ranch and Arapahoe County Fairgrounds.