Li-Cycle Holdings Corp. (NYSE:LICY) ("Li-Cycle" or the "Company"), a leading global lithium-ion battery resource recovery company, today announced the closing of its previously announced underwritten public offering in the United States (the "Offering"). Gross proceeds to the Company were approximately $15 million before deducting for offering expenses payable by the Company, including underwriting fees and expenses. The Offering consisted of 5,000,000 units (the "Units") and 10,000,000 pre-funded units ("Pre-Funded Units"). Each Unit consists of: (i) one common share, without par value, of the Company ("Common Share"), (ii) one Series A Warrant to purchase one Common Share ("Series A War

Li-Cycle Holdings Corp. (NYSE:LICY) ("Li-Cycle" or the "Company"), a leading global lithium-ion battery resource recovery company, today announced the pricing of its previously announced underwritten public offering in the United States (the "Offering"), with gross proceeds to the Company expected to be approximately $15 million, before deducting underwriting discounts and commissions and other estimated offering expenses payable by the Company. The Offering is expected to close on or about January 16, 2025, subject to the satisfaction of customary closing conditions. The Offering consists of 15,000,000 units ("Units") (or pre-funded units ("Pre-Funded Units") in lieu thereof). Each Unit

Li-Cycle Holdings Corp. (NYSE:LICY) ("Li-Cycle" or the "Company"), a leading global lithium-ion battery resource recovery company, today announced that it has commenced an underwritten public offering in the United States (the "Offering") to offer and sell units consisting of (i) common shares (or pre-funded warrants in lieu thereof) and (ii) warrants to purchase common shares. In addition, the Company expects to grant Aegis Capital Corp. a 45-day option to purchase additional common shares and/or warrants representing up to 15% of the total common shares and up to 15% of the total warrants sold in the Offering solely to cover over-allotments, if any. The Company intends to use the net

Company's largest source of battery feedstock during 2024 was a U.S.-headquartered, vertically integrated electric vehicle ("EV") and battery manufacturer with a substantial global EV market share Continued focus on securing a full financing package for the Rochester Hub and optimizing Spoke performance Li-Cycle Holdings Corp. (NYSE:LICY) ("Li-Cycle" or the "Company"), a leading global lithium-ion battery resource recovery company, is pleased to report preliminary commercial and operational highlights for full-year 2024. Commercial Highlights Li-Cycle continued to gain commercial traction in 2024, bolstering its position as a preferred lithium-ion battery recycling partner. Its larg

Li-Cycle and Glencore resume their collaboration to assess the technical and economic viability of a new Hub facility in Portovesme, Italy, including a concept and pre-feasibility study Study expected to be led and funded by Glencore, with Li-Cycle providing technical support Project expected to leverage Li-Cycle's patented Spoke & Hub Technologies™ and utilize parts of Glencore's existing Portovesme facility With closing of the $475 million loan facility with U.S. Department of Energy ("DOE"), the first tranche of Glencore's unsecured convertible notes will be automatically modified on December 9, 2024, in accordance with its terms Li-Cycle continues to prioritize securing a comple

Highlights Closed an upsized $475-million loan facility with the U.S. Department of Energy ("DOE") to support development of the Company's Rochester Hub project; Completed Rochester Hub internal technical review under the proposed mixed hydroxide precipitate ("MHP") scope and expects annual production of up to approximately 8,250 tonnes of lithium carbonate and up to approximately 72,000 tonnes of MHP; Secured 100% off-take agreement with Glencore Ltd. for the MHP production from the Rochester Hub on market terms; Achieved strong year-over-year revenue growth of 79% to $8.4 million, which is equal to the previous quarter's record revenue; Lowered selling, general & administrative

$475 million loan amount represents an increase of $100 million over the original conditional commitment First DOE loan facility to be finalized for a battery resource recovery facility and sustainable lithium-ion battery materials recycling company Agreement represents affirmation of Li-Cycle's sustainable Spoke & Hub Technologies™ and the Company's position as a leading supplier of recycled critical materials for lithium-ion batteries Li-Cycle Holdings Corp. (NYSE:LICY) ("Li-Cycle" or the "Company"), a leading global lithium-ion battery resource recovery company, is pleased to announce that it has entered into an agreement for a loan facility ("DOE Loan Facility") of up to $475 million

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 third quarter ended September 30, 2024 after market close on Thursday, November 7, 2024 at 4:30 p.m. (Eastern Time). Third Quarter 2024 Earnings Call Details Investors may listen to the conference call live via audio-only webcast or through the following dial-in numbers: Canada (toll-free): 1 (833) 950-0062 U.S. (toll-free): 1 (833) 470-1428 International: Link to international dial-in numbers Participant Code: 546174 Webcast: https://investors.li-cycle.com A replay

Company secures 100% off-take agreement with Glencore for the mixed hydroxide precipitate ("MHP") production from the Rochester Hub on market terms Li-Cycle completes Rochester Hub technical review under the proposed MHP scope and expects annual production of up to approximately 8,250 tonnes of lithium carbonate and 72,000 tonnes of MHP at the project Amended commercial agreements support progress toward the finalization of the definitive financing documentation required for the U.S. Department of Energy ("DOE") loan Li-Cycle Holdings Corp. (NYSE:LICY) ("Li-Cycle" or the "Company"), a leading global lithium-ion battery resource recovery company, is pleased to announce that it has entered

VANCOUVER, BC / ACCESSWIRE / October 1, 2024 / (TSX:NANO)(OTC:NNOMF)(Frankfurt:LBMB)Nano One® Materials Corp. ("Nano One" or the "Company"), a clean technology company with a patented process for the low-cost, low-GHG production of lithium-ion battery cathode active materials (CAM), is pleased to announce that Mr. Anthony Tse has been appointed Chair of the Board of Directors.Mr. Tse will succeed Paul Matysek, who is the founding Chair of Nano One and resigning as part of a planned transition to an advisory role that supports the incoming Chair and Board. Mr. Matysek is honoured to have presided over Nano One's growth and leadership for more than a decade."On behalf of Nano One and our share

UBS downgraded Li-Cycle from Buy to Neutral

Chardan Capital Markets downgraded Li-Cycle from Buy to Neutral

TD Cowen downgraded Li-Cycle from Outperform to Market Perform

Cantor Fitzgerald initiated coverage of Li-Cycle with a rating of Buy

Morgan Stanley downgraded Li-Cycle from Equal-Weight to Underweight and set a new price target of $4.00 from $7.00 previously

Piper Sandler resumed coverage of Li-Cycle with a rating of Overweight and set a new price target of $10.00

Morgan Stanley downgraded Li-Cycle from Overweight to Equal-Weight and set a new price target of $10.00

Chardan Capital reiterated coverage of Li-Cycle Holdings with a rating of Buy and set a new price target of $18.00 from $17.00 previously

Chardan Capital Markets initiated coverage of Li-Cycle with a rating of Buy and set a new price target of $17.00

Piper Sandler initiated coverage of Li-Cycle with a rating of Overweight and set a new price target of $18.00

Highlights Closed an upsized $475-million loan facility with the U.S. Department of Energy ("DOE") to support development of the Company's Rochester Hub project; Completed Rochester Hub internal technical review under the proposed mixed hydroxide precipitate ("MHP") scope and expects annual production of up to approximately 8,250 tonnes of lithium carbonate and up to approximately 72,000 tonnes of MHP; Secured 100% off-take agreement with Glencore Ltd. for the MHP production from the Rochester Hub on market terms; Achieved strong year-over-year revenue growth of 79% to $8.4 million, which is equal to the previous quarter's record revenue; Lowered selling, general & administrative

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 third quarter ended September 30, 2024 after market close on Thursday, November 7, 2024 at 4:30 p.m. (Eastern Time). Third Quarter 2024 Earnings Call Details Investors may listen to the conference call live via audio-only webcast or through the following dial-in numbers: Canada (toll-free): 1 (833) 950-0062 U.S. (toll-free): 1 (833) 470-1428 International: Link to international dial-in numbers Participant Code: 546174 Webcast: https://investors.li-cycle.com A replay

Highlights Continued to work closely with U.S. Department of Energy ("DOE") on key technical, financial and legal workstreams to advance towards definitive financing documentation for a loan for gross proceeds of up to $375 million; Largest customer source of revenue in 1H 2024 was a leading U.S.-headquartered vertically integrated EV and battery manufacturer with a substantial global EV market share; Record quarterly revenue of $8.4 million, representing a 133% year-over-year increase; Selling, general & administrative ("SGA") expenses decreased 39% year-over-year to $15.3 million, mainly due to the Company's cost reduction initiatives; Exploring financing and strategic opti

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 second quarter ended June 30, 2024 before market open on Thursday, August 8, 2024. Second Quarter 2024 Earnings Call Details Investors may listen to the conference call live via audio-only webcast or through the following dial-in numbers: Domestic: 1 (800) 579-2543 International: 1 (203) 518-9814 Participant Code: LICYQ224 Webcast: https://investors.li-cycle.com A replay of the conference call/webcast will al

Highlights Continued to work closely with the U.S. Department of Energy on key technical, financial and legal workstreams to advance toward definitive financing documentation required for a loan for gross proceeds of up to $375 million; Advanced commercial relationships, including entering into new or expanded strategic agreements with three of the largest electric vehicle (EV) companies in Europe; Closed the $75 million senior secured convertible note issued to Glencore to strengthen long-term partnership and enhance Li-Cycle's liquidity position; Continued Cash Preservation Plan with change to centralized organizational structure and workforce reductions expected to generate s

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. First Quarter 2024 Earnings Call Details Investors may listen to the conference call live via audio-only webcast or through the following dial-in numbers: Domestic: 1 (800) 343-5419 International: 1 (203) 518-9731 Participant Code: LICYQ124 Webcast: https://investors.li-cycle.com A replay of the conference call/webcast will also be made available on the Investor Relations section of th

Conference Call and Webcast on Tuesday, March 19 at 8:15 a.m. Eastern Time to discuss business update and 2023 financial results Highlights Announced $75 million strategic investment from Glencore and amended existing convertible note, with expected closing on or about March 25th, 2024; Continuing to work closely with the U.S. Department of Energy (DOE) on the conditional commitment for a loan of up to $375 million; Executing on Cash Preservation Plan, including further organization right-sizing and right-shaping, as well as streamlining of operations; Delivered 6,825 tonnes of black mass & black mass equivalents, exceeding the top end of the revised annual production guidance

Highlights Reported full-year 2023 results in accordance with U.S. GAAP, transitioning from IFRS; Produced 6,825 tonnes of black mass and equivalents in 2023, 1.5x 2022 production level and exceeding the top end of annual guidance of 5,500 to 6,500 tonnes provided in November; Posted total revenue of $18.3 million in 2023, a 11% increase over 2022; excluding non-cash fair value pricing adjustments, posted $23.6 million of product and recycling revenue in 2023, a 34% increase over 2022; Announced $75.0 million strategic investment from Glencore; expected closing on or about March 25, 2024; Continuing to work closely with the U.S. Department of Energy on the conditional com

Builds upon existing long-term partnership and further demonstrates Glencore's endorsement of Li-Cycle's Spoke & Hub model, patented recycling technology, and development plans for the Rochester Hub, as part of Glencore's ambition to bring more circularity to the battery materials space Agreement amends existing Glencore convertible note to provide for extended maturity, market-based re-pricing and granting of security interest in two future tranches Li-Cycle Holdings Corp. (NYSE:LICY) ("Li-Cycle" or the "Company"), a leading global lithium-ion battery resource recovery company, is pleased to announce that it has entered into an agreement (the "Note Purchase Agreement") to issue a senio

Highlights Progressing comprehensive review of the Rochester Hub project; Continuing to work closely with the U.S. Department of Energy (DOE) to satisfy conditions precedent for financial close of the loan commitment for gross proceeds of up to $375 million; Prioritizing Generation 3 full pack processing Spokes in the United States and Germany; and Working with Moelis & Company LLC ("Moelis") to evaluate financing and strategic alternatives. Li-Cycle Holdings Corp. (NYSE:LICY) ("Li-Cycle" or the "Company"), a leading global lithium-ion battery (LIB) resource recovery company, today announced financial results and business update for its third quarter ended September 30, 2023.