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Stock impact report

Li-Cycle surges to YTD high after securing $75B investment from Glencore [Seeking Alpha]

Li-Cycle Holdings Corp. (LICY) 
Company Research Source: Seeking Alpha
The new note will mature on the fifth anniversary of closing and be convertible into common shares at an initial conversion price of $0.53/share. Glencore ( OTCPK:GLCNF OTCPK:GLNCY ), which invested $200M in Li-Cycle ( LICY ) in 2022, is a battery feedstock partner for the company's Spoke facilities and a planned future supplier of black mass and key reagents for Li-Cycle's future Hub facilities. Li-Cycle ( LICY ) had said in November it would evaluate financing and strategic alternatives as it coped with liquidity problems while building its flagship battery recycling facility in Rochester, New York. Recommended For You Recommended For You More Trending News About LICY Stock Related Stocks Trending Analysis Trending News Show less Read more
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