Company research
Li-Cycle Holdings Corp.
CIK 1828811Updated Sep 24, 2026
Securities
Historical securities (2)
LICY · NYSE_AMERICAN · equity · closed Feb 26, 2025LICY.WS · NYSE · warrant · closed Jan 26, 2022Name history
Li-Cycle Holdings Corp. · through Aug 14, 2026
LICY price & chart
Historical security
This listing closed Feb 26, 2025. Live provider charts are shown only for current listings.
About the company
Li-Cycle (OTCQX: LICYF) is a leading global lithium-ion battery resource recovery company. Established in 2016, and with major customers and partners around the world, Li-Cycle’s mission is to recover critical battery-grade materials to create a domestic closed-loop battery supply chain for a clean energy future.
In the news
No coverage from other publishers is available.
Recent filings
Entry into a Material Definitive Agreement · Bankruptcy or Receivership · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · Triggering Events That Accelerate or Increase a Direct Financial Obligation · Regulation FD Disclosure
Items 1.01, 1.03, 2.03, 2.04, 7.01, 9.01
Entry into a Material Definitive Agreement · Regulation FD Disclosure · Other Events
Items 1.01, 7.01, 8.01, 9.01
Entry into a Material Definitive Agreement · Regulation FD Disclosure
Items 1.01, 7.01, 9.01
8-K/A filing
Entry into a Material Definitive Agreement · Costs Associated with Exit or Disposal Activities · Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Regulation FD Disclosure
Items 1.01, 2.05, 5.02, 7.01, 9.01
Show 5 more recent filings
Financials
FY 2024 · USDSource
Source
Source
Source
balance sheet · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 861,200,000Source | 886,000,000Source | 901,100,000Source | 665,148,172Source |
| Property, Plant and Equipment, NetUSD | 690,900,000Source | 668,800,000Source | 210,000,000Source | 26,400,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 500,000Source | 1,800,000Source | — | — |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 22,600,000Source | 70,600,000Source | — | — |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 12,100,000Source | 1,000,000Source | — | — |
| Inventory, NetUSD | 9,600,000Source | 9,600,000Source | — | — |
| Assets, CurrentUSD | 86,400,000Source | 149,000,000Source | — | — |
| Operating Lease, Right-of-Use AssetUSD | 80,100,000Source | 56,400,000Source | — | — |
| Other Assets, NoncurrentUSD | 3,800,000Source | 9,600,000Source | — | — |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 598,100,000Source | 509,600,000Source | 403,100,000Source | 231,427,138Source |
| Stockholders’ equity: | ||||
| Retained Earnings (Accumulated Deficit)USD | -409,300,000Source | -271,600,000Source | — | — |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -300,000Source | -300,000Source | — | — |
| Liabilities and EquityUSD | 861,200,000Source | 886,000,000Source | — | — |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 150,000,000Source | 156,700,000Source | — | — |
| Operating Lease, Liability, CurrentUSD | 5,700,000Source | 4,400,000Source | — | — |
| Accounts Payable, CurrentUSD | 109,300,000Source | 76,400,000Source | — | — |
| Operating Lease, Liability, NoncurrentUSD | 77,500,000Source | 56,200,000Source | — | — |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | — | 0Source | — | — |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 31,700,000Source | 75,700,000Source | — | — |
| Deferred Tax Liabilities, NetUSD | 31,200,000Source | 24,100,000Source | — | — |
| DeferredTaxLiabilityAssetUSD | — | — | — | 0Source |
| IssuedCapitalUSD | — | — | 772,400,000Source | 672,079,154Source |
| Long-term DebtUSD | 746,100,000Source | 446,300,000Source | — | — |
| NoncontrollingInterestsUSD | — | — | 200,000Source | — |
| TradeAndOtherCurrentPayablesUSD | — | — | 75,900,000Source | 18,701,116Source |
| TradeAndOtherCurrentReceivablesUSD | — | — | 3,500,000Source | — |
cash flow · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -137,700,000Source | -138,000,000Source | -53,700,000Source | -226,559,288Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 18,500,000Source | 8,900,000Source | — | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 8,900,000Source | 12,700,000Source | — | — |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 11,100,000Source | -2,500,000Source | — | — |
| Increase (Decrease) in InventoriesUSD | 4,200,000Source | 8,700,000Source | — | — |
| Increase (Decrease) in Accounts PayableUSD | — | 8,100,000Source | — | — |
| Deferred Income Tax Expense (Benefit)USD | 0Source | 0Source | — | — |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -106,400,000Source | -99,800,000Source | — | — |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -23,900,000Source | -334,900,000Source | — | — |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 81,900,000Source | -2,900,000Source | — | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -48,400,000Source | -437,600,000Source | — | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 31,900,000Source | 80,300,000Source | — | — |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 1,000,000Source | 0Source | — | — |
| Additional Financial Items | ||||
| AdjustmentsForDecreaseIncreaseInTradeAccountReceivableUSD | — | — | 2,600,000Source | -3,501,401Source |
| AdjustmentsForIncreaseDecreaseInTradeAccountPayableUSD | — | — | 21,600,000Source | 12,262,063Source |
| AdjustmentsForSharebasedPaymentsUSD | — | — | 17,500,000Source | 3,982,943Source |
| AdjustmentsForUnrealisedForeignExchangeLossesGainsUSD | — | — | -1,400,000Source | 677,479Source |
| Share-based Payment Arrangement, ExpenseUSD | — | 10,200,000Source | — | — |
| DepreciationUSD | 11,400,000Source | 2,100,000Source | — | — |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | 1,100,000Source | -2,500,000Source | — | — |
| Gain (Loss) on Derivative Instruments, Net, PretaxUSD | 105,100,000Source | 22,100,000Source | — | — |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | -2,100,000Source | -3,900,000Source | — | — |
| Gain (Loss) on Termination of LeaseUSD | -300,000Source | — | — | — |
| Gain (Loss) on Extinguishment of DebtUSD | -58,900,000Source | — | — | — |
| GeneralAndAdministrativeExpenseUSD | — | — | 16,900,000Source | 3,148,871Source |
| Impairment of Intangible Assets (Excluding Goodwill)USD | 1,000,000Source | — | — | — |
| Income Tax Expense (Benefit)USD | 0Source | 100,000Source | — | — |
| InterestExpenseNonoperatingUSD | 61,900,000Source | — | — | — |
| InterestPaidClassifiedAsFinancingActivitiesUSD | — | — | — | 1,923,202Source |
| InterestPaidClassifiedAsOperatingActivitiesUSD | — | — | 2,400,000Source | — |
| InterestReceivedClassifiedAsOperatingActivitiesUSD | — | — | 5,400,000Source | — |
| Inventory Write-downUSD | 4,200,000Source | 6,000,000Source | — | — |
| Investment Income, InterestUSD | 2,400,000Source | 12,700,000Source | — | — |
| Nonoperating Income (Expense)USD | -12,200,000Source | 24,700,000Source | — | — |
| PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivitiesUSD | — | — | 4,700,000Source | 884,024Source |
| ProceedsFromBorrowingsClassifiedAsFinancingActivitiesUSD | — | — | 0Source | 10,091,220Source |
| Proceeds from Issuance of Common StockUSD | 15,500,000Source | — | — | — |
| Proceeds from (Payments to) Noncontrolling InterestsUSD | 0Source | -400,000Source | — | — |
| ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivitiesUSD | — | — | — | 16,866Source |
| Proceeds from Stock Options ExercisedUSD | 0Source | 0Source | — | — |
| RepaymentsOfBorrowingsClassifiedAsFinancingActivitiesUSD | — | — | 0Source | 12,544,339Source |
income statement · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Total RevenueUSD | 28,000,000Source | 18,300,000Source | 13,400,000Source | — |
| Cost of Goods and Services Sold | — | — | — | — |
| Gross Profit (Calculated) · Derived | — | — | — | — |
| Selling, General and Administrative ExpenseUSD | 75,300,000Source | 93,400,000Source | — | — |
| Operating Income (Loss)USD | -125,500,000Source | -162,600,000Source | — | — |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -137,700,000Source | -137,900,000Source | — | — |
| Income Tax Expense (Benefit)USD | 0Source | 100,000Source | — | — |
| Earnings Per Share, BasicUSD per share | -5.86Source | -0.78Source | — | — |
| Earnings Per Share, DilutedUSD per share | -5.86Source | -0.78Source | — | — |
| Weighted Average Number of Shares Outstanding, Basicshares | 23,500,000Source | 177,500,000Source | — | — |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 23,500,000Source | 177,500,000Source | — | — |
| Interest Expense (non-operating)USD | 61,900,000Source | — | — | — |
| Additional Financial Items | ||||
| ApplicableTaxRatenumber | — | — | 0.27Source | 0.27Source |
| BasicEarningsLossPerShareUSD per share | — | — | -0.31Source | -2.06Source |
| Current Income Tax Expense (Benefit)USD | 0Source | 100,000Source | — | — |
| DilutedEarningsLossPerShareUSD per share | — | — | -0.31Source | -2.06Source |
| EmployeeBenefitsExpenseUSD | — | — | 37,200,000Source | 12,709,823Source |
| ExpenseFromSharebasedPaymentTransactionsWithEmployeesUSD | — | — | 17,500,000Source | 3,982,943Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | 1,100,000Source | -2,500,000Source | — | — |
| Gain (Loss) on Derivative Instruments, Net, PretaxUSD | 105,100,000Source | 22,100,000Source | — | — |
| GeneralAndAdministrativeExpenseUSD | — | — | 16,900,000Source | 3,148,871Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -49,300,000Source | -72,000,000Source | — | — |
| IncomeTaxExpenseContinuingOperationsUSD | — | — | 0Source | 0Source |
| Interest ExpenseUSD | — | 7,600,000Source | 17,400,000Source | 3,052,882Source |
| InterestExpenseOnLeaseLiabilitiesUSD | — | — | 2,200,000Source | 449,571Source |
| Investment Income, InterestUSD | 2,400,000Source | 12,700,000Source | — | — |
| Labor and Related ExpenseUSD | — | 31,500,000Source | — | — |
| Nonoperating Income (Expense)USD | -12,200,000Source | 24,700,000Source | — | — |
| OtherFinanceCostUSD | — | — | 200,000Source | — |
| ProfessionalFeesExpenseUSD | — | — | 16,500,000Source | 7,688,520Source |
| ProfitLossAttributableToNoncontrollingInterestsUSD | — | — | -100,000Source | — |
| ProfitLossAttributableToOwnersOfParentUSD | — | — | -53,600,000Source | — |
| ProfitLossBeforeTaxUSD | — | — | -53,700,000Source | — |
| ProfitLossFromOperatingActivitiesUSD | — | — | -111,200,000Source | -31,857,186Source |
| Research and Development ExpenseUSD | 1,600,000Source | 5,700,000Source | 1,700,000Source | 2,662,572Source |
| RevenueUSD | — | — | 13,400,000Source | 7,374,876Source |
| RevenueFromInterestUSD | — | — | 7,000,000Source | 82,481Source |
Filing attachments
d892872dex991.htm · 8-K · 2025-05-19
EX-99.1 4 d892872dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Li-Cycle Obtains Creditor Protection Under CCAA and Chapter 15 Company enters into $10.5 million debtor-in-possession financing facility (“DIP Facility”) term sheet with Glencore Li-Cycle and Glencore agree to “stalking horse” credit bid of at least $40 million for certain of the Company’s subsidiaries and assets, and assumption of certain liabilities Li-Cycle expects to commence a formal sale and investment solicitation process (…
Read attachment ↗d935851dex41.htm · 8-K · 2025-05-12
EX-4.1 2 d935851dex41.htm EX-4.1 EX-4.1 Exhibit 4.1 Li-Cycle Holdings Corp. 207 Queens Quay West, Suite 590 Toronto, Ontario M5J 1A7 May 9, 2025 Glencore Canada Corporation 100, King Street West Suite 6900 Toronto, ON, M5X 1E3 Canada Attention: Legal Department Re: Waiver Extension to May 13, 2025 ───────────────────────────────────────────── Ladies and Gentlemen: Reference is made to (i) the Amended and Restated Senior Secured Convertible Note dated as of January 31, 2…
Read attachment ↗d935851dex42.htm · 8-K · 2025-05-12
EX-4.2 3 d935851dex42.htm EX-4.2 EX-4.2 Exhibit 4.2 Li-Cycle Holdings Corp. 207 Queens Quay West, Suite 590 Toronto, Ontario M5J 1A7 May 9, 2025 Wood River Capital, LLC 4111 East 37th Street North Wichita, KS 67220 Re: Waiver Extension to May 13, 2025 ───────────────────────────────────────────── Ladies and Gentlemen: Reference is made to that certain Convertible Note, dated as of September 29, 2021, issued by Li-Cycle Holdings Corp., a corporation existing under the laws …
Read attachment ↗d935851dex43.htm · 8-K · 2025-05-12
EX-4.3 4 d935851dex43.htm EX-4.3 EX-4.3 Exhibit 4.3 AMENDMENT NO. 4 TO CONVERTIBLE NOTE This AMENDMENT NO. 4 TO CONVERTIBLE NOTE is being entered into as of May 8, 2025 (this “Amendment”), by and between Li-Cycle Holdings Corp., a company existing under the laws of the Province of Ontario (the “Company”), and Wood River Capital, LLC, a Delaware limited liability company (the “Holder”). The Company and the Holder desire to amend the Note (as defined below) as set forth herein. Capitalized …
Read attachment ↗d935851dex44.htm · 8-K · 2025-05-12
EX-4.4 5 d935851dex44.htm EX-4.4 EX-4.4 Exhibit 4.4 AMENDED AND RESTATED CONVERTIBLE NOTE NEITHER THE ISSUANCE AND SALE OF THE SECURITIES REPRESENTED BY THIS CERTIFICATE NOR THE SECURITIES INTO WHICH THESE SECURITIES ARE CONVERTIBLE HAVE BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR APPLICABLE STATE SECURITIES LAWS. TRANSFER OF THESE SECURITIES AND THE SECURITIES INTO WHICH THESE SECURITIES ARE CONVERTIBLE IS PROHIBITED, EXCEPT IN ACCORDANCE WITH THE PROVISIONS OF REGUL…
Read attachment ↗d935851dex991.htm · 8-K · 2025-05-12
EX-99.1 6 d935851dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Li-Cycle Receives Further Waiver Extensions from Convertible Note Holders Li-Cycle retains Alvarez & Marsal Corporate Finance to assist in seeking buyers for its business or assets TORONTO, Canada (May 12, 2025) - Li-Cycle Holdings Corp. (OTCQX: LICYF) (“Li-Cycle” or the “Company”), a leading global lithium-ion battery resource recovery company, today announced that it has received further waiver extensions from the holders of its …
Read attachment ↗