Why Li-Cycle Holdings (LICY) Shares Are Down 25%
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 15 2025
0mins
Should l Buy ?
Source: Benzinga
Stock Performance: Li-Cycle Holdings Corp shares fell 25% to $1.13 after announcing a $15 million public offering of common shares and warrants, with units priced at $1.00 each.
Offering Details: The offering includes 15 million units consisting of one common share and two types of warrants, with proceeds aimed at supporting working capital and corporate initiatives.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
