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Li-Cycle Holdings ( (LICY) ) has provided an announcement.
Li-Cycle Holdings Corp. has successfully closed a $15 million underwritten public offering in the United States, enhancing its financial resources for working capital and general corporate purposes. This strategic move, involving the issuance of units and pre-funded units with associated warrants, is likely to bolster the company’s operational capabilities and strengthen its market position in the battery recycling sector.
More about Li-Cycle Holdings
Li-Cycle Holdings Corp. is a leading global company in the lithium-ion battery resource recovery industry. The company specializes in recycling lithium-ion batteries, focusing on efficient resource recovery in a growing market for sustainable battery solutions.
YTD Price Performance: -53.59%
Average Trading Volume: 1,854,439
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $35.29M
Find detailed analytics on LICY stock on TipRanks’ Stock Analysis page.
