NYSE:LICY

Li-Cycle to Host First Quarter 2024 Earnings Conference Call/Webcast on Friday, May 10, 2024 at 8:30 a.m. (Eastern Time)

Retrieved on: 
Monday, May 6, 2024
Recycling, Mining, Minerals, Technology, Environment, Batteries, Natural Resources

Li-Cycle Holdings Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), a leading global lithium-ion battery resource recovery company, today announced plans to release its financial results and provide a business update for its first quarter ended March 31, 2024 before market open on Friday, May 10, 2024.

Key Points: 
  • Li-Cycle Holdings Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), a leading global lithium-ion battery resource recovery company, today announced plans to release its financial results and provide a business update for its first quarter ended March 31, 2024 before market open on Friday, May 10, 2024.
  • Investors may listen to the conference call live via audio-only webcast or through the following dial-in numbers:

Li-Cycle to Host Annual General and Special Meeting of Shareholders on Thursday, May 23, 2024 at 8:30 a.m. (ET)

Retrieved on: 
Friday, April 12, 2024
Batteries, Sustainability, Environment, Engineering, Recycling, Technology, Green Technology, Manufacturing, Internet, Annual report, EDGAR, Printing, Eastern Time Zone, Bank statement

All interested parties are invited to attend the Meeting by using the live webcast link here: http://www.virtualshareholdermeeting.com/LICY2024 .

Key Points: 
  • All interested parties are invited to attend the Meeting by using the live webcast link here: http://www.virtualshareholdermeeting.com/LICY2024 .
  • Only registered shareholders and duly appointed proxyholders as of the record date on April 8, 2024 will be entitled to vote and ask questions at the Meeting.
  • In support of Li-Cycle’s commitment to environmental sustainability and to reduce its printing and mailing costs, the Company is using notice-and-access procedures for the delivery of Meeting materials.
  • The deadline to vote via the Internet or by phone prior to the Meeting is May 21, 2024, at 8:30 a.m. (Eastern Time).

Li-Cycle Provides Organizational Structure Update

Retrieved on: 
Tuesday, March 26, 2024
Other Energy, Utilities, Other Manufacturing, Alternative Energy, Energy, Engineering, Nuclear, Manufacturing, Financial management, Accounting, Chairperson, Committee, Albemarle Corporation, Kinross Gold, CCO, Lithium, Safety, Workforce, Region, Management

Li-Cycle Holdings Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), a leading global lithium-ion battery resource recovery company, today provided a business update regarding its organizational structure.

Key Points: 
  • Li-Cycle Holdings Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), a leading global lithium-ion battery resource recovery company, today provided a business update regarding its organizational structure.
  • Ajay Kochhar, Li-Cycle President and CEO, commented: “We are recalibrating our organizational structure to better align with the more focused priorities of Li-Cycle.
  • Conor Spollen, who has been with Li-Cycle since January 2022, has assumed the role of Chief Operating Officer (COO).
  • These steps are expected to generate approximately $10 million in payroll and benefit cost savings on an annualized basis.

Li-Cycle Closes $75 Million Strategic Investment from Glencore

Retrieved on: 
Monday, March 25, 2024
Natural Resources, Batteries, Environment, Alternative Energy, Energy, Technology, Green Technology, Mining, Minerals, Form 8-K, Partnership, Form, Indian stock exchange, Nickel, LON, Note, Cobalt, PIK, Security (finance)

Ajay Kochhar, Li-Cycle co-founder and CEO, commented: “We are pleased to close the $75 million investment from Glencore, which enhances our liquidity position and is a key interim step in our funding strategy.

Key Points: 
  • Ajay Kochhar, Li-Cycle co-founder and CEO, commented: “We are pleased to close the $75 million investment from Glencore, which enhances our liquidity position and is a key interim step in our funding strategy.
  • As we continue our comprehensive review process, we look forward to expanding our existing long-term, strategic partnership with Glencore and are excited about the future opportunities for Li-Cycle.
  • We remain focused on our key priorities of driving down costs through our cash preservation plan, reviewing our go-forward strategy for the paused Rochester Hub, and evaluating additional financing and strategic alternatives.
  • The aggregate amount outstanding under the Existing Glencore Notes is currently approximately $225 million.

Li-Cycle Provides Business Update, Following Announcement of $75 Million Investment from Glencore

Retrieved on: 
Monday, March 18, 2024
Natural Resources, Batteries, Environment, Alternative Energy, Energy, Technology, Green Technology, Mining, Minerals, EV, Manganese, Recycling, Committee, Partnership, Form, Webcast, PIK, Sale, Nickel, CPP, LON, Lithium carbonate, Engineering, Lithium, Spoke, Workforce, CTC, DOE, Cobalt, MHP

We also continue to work closely with the DOE on the conditional commitment for a loan of up to $375 million.

Key Points: 
  • We also continue to work closely with the DOE on the conditional commitment for a loan of up to $375 million.
  • This demonstrates Glencore’s continued endorsement of Li-Cycle’s Spoke & Hub model, patented recycling technology, and development plans for the Rochester Hub.
  • Glencore’s $75 million investment represents an interim step in Li-Cycle’s funding strategy to support the Company’s future plans.
  • The Glencore $75 million investment is expected to close on or about March 25, 2024, subject to customary closing conditions.

Li-Cycle Reports Full Year 2023 Results

Retrieved on: 
Friday, March 15, 2024
Technology, Other Technology, Research, Research and development, Growth, Policy, Recycling, Acquisition, Security (finance), MD, National instrument, Insurance, Net, Bank statement, Adjustment, Nickel, Ontario Securities Commission, Hub, Spoke, Depreciation, Interim, Cobalt, National Policy

The change resulted in a transition period of November 1, 2022 through December 31, 2022.

Key Points: 
  • The change resulted in a transition period of November 1, 2022 through December 31, 2022.
  • The Company has calculated the income statement for the year ended December 31, 2022 and has provided a comparison to the year ended December 31, 2023 below.
  • As of December 31, 2023, Li-Cycle had cash and cash equivalents on hand of $70.6 million.
  • Li-Cycle anticipates filing the Restated Interim Financial Reports and related MD&As on or before April 29, 2024.

Li-Cycle Announces $75 Million Strategic Investment from Glencore

Retrieved on: 
Tuesday, March 12, 2024
Other Manufacturing, Environment, Technology, Sustainability, Alternative Energy, Manufacturing, Green Technology, Energy, Batteries, Recycling, Exercise, Convertible, Sale, Bank statement, Investment, Marketing, Transaction, PIK, Audit committee, Committee, Partnership, Minority, LON, VWAP, Multilateral, Person, GC, Date, Annual report, 8-K, Hub, Nickel, Ontario Securities Commission, Cobalt, Redemption, Security (finance)

Ajay Kochhar, Li-Cycle co-founder and CEO, commented: “We are pleased to secure an additional $75 million investment from Glencore, following Glencore’s June 2022 investment, to improve our liquidity position while we continue our ongoing comprehensive review process.

Key Points: 
  • Ajay Kochhar, Li-Cycle co-founder and CEO, commented: “We are pleased to secure an additional $75 million investment from Glencore, following Glencore’s June 2022 investment, to improve our liquidity position while we continue our ongoing comprehensive review process.
  • The SC engaged Moelis & Company LLC, a leading global investment bank (“Moelis”), as its financial advisor and placement agent.
  • As part of the partnership, Glencore previously made a $200 million investment in Li-Cycle in June 2022 through the purchase of a convertible note (the “Existing Note”).
  • The Glencore investment will result in Glencore purchasing from the Company a senior secured convertible note in the aggregate principal amount of $75 million.

SHAREHOLDER ALERT: Levi & Korsinsky Notifies Li-Cycle Holdings Corp.(LICY) Investors of a Class Action Lawsuit and Upcoming Deadline

Retrieved on: 
Monday, January 8, 2024
Telephone, NEXT, LLP, Court, CLASS, COST, Cryptocurrency

NEW YORK, Jan. 08, 2024 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Li-Cycle Holdings Corp. ("Li-Cycle" or the "Company") (NYSE: LICY) of a class action securities lawsuit.

Key Points: 
  • NEW YORK, Jan. 08, 2024 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Li-Cycle Holdings Corp. ("Li-Cycle" or the "Company") (NYSE: LICY) of a class action securities lawsuit.
  • CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Li-Cycle investors who were adversely affected by alleged securities fraud between June 14, 2022 and October 23, 2023.
  • Follow the link below to get more information and be contacted by a member of our team:
    LICY investors may also contact Joseph E. Levi, Esq.
  • For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States.

DEADLINE ALERT for SCYX, LICY, and FMC: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders

Retrieved on: 
Monday, January 8, 2024
Suite, Risk, Complaint, CGMP, Law, FMC, Tablet, Good manufacturing practice, Investment, Defendant, Security (finance)

LOS ANGELES, Jan. 08, 2024 (GLOBE NEWSWIRE) -- The Law Offices of Frank R. Cruz reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies.

Key Points: 
  • LOS ANGELES, Jan. 08, 2024 (GLOBE NEWSWIRE) -- The Law Offices of Frank R. Cruz reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies.
  • Investors have until the deadlines listed below to file a lead plaintiff motion.
  • Investors suffering losses on their investments are encouraged to contact The Law Offices of Frank R. Cruz to discuss their legal rights in these class actions at 310-914-5007 or by email to [email protected] .
  • The Law Offices of Frank R. Cruz, Los Angeles

Final LICY Investor Deadline: Bronstein, Gewirtz & Grossman LLC Announces that Li-Cycle Holdings Corp. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!

Retrieved on: 
Sunday, January 7, 2024
Person, Court, Complaint, Defendant

Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/licy .

Key Points: 
  • Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/licy .
  • or his Law Clerk and Client Relations Manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC at 332-239-2660.
  • If you suffered a loss in Li-Cycle you have until January 8, 2024, to request that the Court appoint you as lead plaintiff.
  • Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits.