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Li-Cycle Holdings ( (LICY) ) has issued an update.
Li-Cycle Holdings Corp. has announced the pricing of its $15 million underwritten public offering in the United States, which consists of 15 million units that include common shares and warrants. The proceeds from this offering will be used for working capital and general corporate purposes, potentially enhancing the company’s operational capabilities and market positioning in the battery resource recovery industry.
More about Li-Cycle Holdings
Li-Cycle Holdings Corp. is a leading global company in the lithium-ion battery resource recovery industry, focusing on the recycling and recovery of valuable materials from batteries to support the growing demand for sustainable energy solutions.
YTD Price Performance: -35.86%
Average Trading Volume: 1,602,842
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $35.29M
For a thorough assessment of LICY stock, go to TipRanks’ Stock Analysis page.