Li-Cycle Prices $15 Million Public Offering; Shares Plummet Over 32%
Li-Cycle Holdings Corp. ( LICY, Financials) a lithium-ion battery resource recovery firm, on Wednesday, revealed the pricing of its $15 million underwritten public offering. Following the statement, firm shares fell 32.57% to $1.02 at 1:51 p.m. GMT-5. Under usual closing circumstances, the offer is projected to conclude on Jan. 16, 2025.