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Li-Cycle Launches Public Offering to Boost Corporate Finances
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Li-Cycle Launches Public Offering to Boost Corporate Finances

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Invest with Confidence:

An update from Li-Cycle Holdings ( (LICY) ) is now available.

Li-Cycle Holdings Corp. has announced a proposed underwritten public offering in the United States to sell units comprising common shares and warrants. The proceeds from this offering are intended for working capital and general corporate purposes, potentially impacting the company’s financial resources and market operations. Aegis Capital Corp. will manage the offering, which is contingent on market conditions, under a shelf registration effective with the SEC.

More about Li-Cycle Holdings

Li-Cycle Holdings Corp. is a leading global company specializing in lithium-ion battery resource recovery. Established in 2016, it collaborates with major customers and partners worldwide to recover critical resources from batteries.

YTD Price Performance: -33.33%

Average Trading Volume: 1,590,062

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $42.03M

See more insights into LICY stock on TipRanks’ Stock Analysis page.

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