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Stock impact report

Li-Cycle Reports First Quarter 2024 Operational and Financial Results [Yahoo! Finance]

Li-Cycle Holdings Corp. (LICY) 
Company Research Source: Yahoo! Finance
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 savings of up to $10 million annually; Progressed work on Rochester Hub project review, including advancing work with the local market to refine cost estimates; and Ended the first quarter with a cash and cash equivalents of $109.1 million. TORONTO, May 10, 2024 BUSINESS WIRE Li-Cycle Holdings Corp. (NYSE: LICY) ("Li-Cycle" or the "Company"), a leading global lithium-ion battery resource recovery company, today announced financial result Show less Read more
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