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Stock impact report

Li-Cycle sinks on plans for $75M at-the-market stock offering [Seeking Alpha]

Li-Cycle Holdings Corp. (LICY) 
Company Research Source: Seeking Alpha
Riley Securities to sell up to $75M in total common shares of the company through an at-the-market equity offering program. Because there is no minimum offering amount included in the sales agreement, the actual total public offering amount and proceeds, if any, are not determinable at this time, the company said. Li-Cycle ( LICY ) said it plans to use the proceeds from the offering for working capital and general corporate purposes. Li-Cycle ( LICY ) reported a larger than expected $0.76/share loss in Q1 , its most recently reported quarter, on revenues of $4.2M. Recommended For You More Trending News Recommended For You More Trending News About LICY Stock Related Stocks Trending Analysis Trending News Show less Read more
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