OTC Markets Group Welcomes Li-Cycle Holdings Corp. to OTCQX
Li-Cycle Holdings Corp. (OTCQX: LICYF), a leading global lithium-ion battery resource recovery company, has transitioned from the New York Stock Exchange to trade on the OTCQX® Best Market as of February 27, 2025. The move is expected to reduce costs while maintaining access to U.S. capital markets.
The company, which previously traded on NYSE, must meet high financial standards, follow best practice corporate governance, and comply with securities laws to qualify for OTCQX trading. Li-Cycle is currently focused on securing funding for its Rochester Hub project and meeting conditions for the first advance under its U.S. Department of Energy loan facility.
Li-Cycle Holdings Corp. (OTCQX: LICYF), una delle principali aziende globali nel recupero di risorse delle batterie agli ioni di litio, ha effettuato il passaggio dalla Borsa di New York al OTCQX® Best Market a partire dal 27 febbraio 2025. Questo cambiamento dovrebbe ridurre i costi mantenendo l'accesso ai mercati dei capitali statunitensi.
L'azienda, che in precedenza era quotata al NYSE, deve soddisfare elevati standard finanziari, seguire le migliori pratiche di governance aziendale e rispettare le leggi sui titoli per qualificarsi per il trading OTCQX. Attualmente, Li-Cycle si concentra sull'ottenere finanziamenti per il suo progetto Rochester Hub e sul soddisfare le condizioni per il primo anticipo previsto dal suo prestito del Dipartimento dell'Energia degli Stati Uniti.
Li-Cycle Holdings Corp. (OTCQX: LICYF), una empresa líder en la recuperación de recursos de baterías de iones de litio a nivel global, ha realizado la transición de la Bolsa de Nueva York al OTCQX® Best Market a partir del 27 de febrero de 2025. Se espera que este movimiento reduzca costos mientras se mantiene el acceso a los mercados de capitales de EE. UU.
La compañía, que anteriormente cotizaba en la NYSE, debe cumplir con altos estándares financieros, seguir las mejores prácticas de gobernanza corporativa y cumplir con las leyes de valores para calificar para el comercio en OTCQX. Actualmente, Li-Cycle se centra en asegurar financiamiento para su proyecto Rochester Hub y cumplir con las condiciones para el primer adelanto bajo su instalación de préstamo del Departamento de Energía de EE. UU.
Li-Cycle Holdings Corp. (OTCQX: LICYF), 글로벌 리튬 이온 배터리 자원 회수 회사의 선두주자로, 2025년 2월 27일부터 뉴욕 증권 거래소에서 OTCQX® Best Market으로 전환했습니다. 이 이동은 비용을 줄이면서 미국 자본 시장에 대한 접근을 유지할 것으로 예상됩니다.
이 회사는 이전에 NYSE에서 거래되었으며, OTCQX 거래 자격을 얻기 위해 높은 재무 기준을 충족하고, 모범적인 기업 거버넌스를 따르며, 증권 법규를 준수해야 합니다. 현재 Li-Cycle은 로체스터 허브 프로젝트에 대한 자금을 확보하고, 미국 에너지부 대출 시설의 첫 번째 선금을 받기 위한 조건을 충족하는 데 집중하고 있습니다.
Li-Cycle Holdings Corp. (OTCQX: LICYF), une entreprise mondiale de premier plan dans la récupération des ressources de batteries lithium-ion, a effectué la transition de la Bourse de New York vers le OTCQX® Best Market à partir du 27 février 2025. Ce changement devrait réduire les coûts tout en maintenant l'accès aux marchés de capitaux américains.
L'entreprise, qui était auparavant cotée à la NYSE, doit respecter des normes financières élevées, suivre les meilleures pratiques de gouvernance d'entreprise et se conformer aux lois sur les valeurs mobilières pour être éligible au trading OTCQX. Actuellement, Li-Cycle se concentre sur l'obtention de financements pour son projet Rochester Hub et sur le respect des conditions pour le premier versement de son prêt auprès du Département de l'Énergie des États-Unis.
Li-Cycle Holdings Corp. (OTCQX: LICYF), ein führendes globales Unternehmen für die Rückgewinnung von Lithium-Ionen-Batterieressourcen, hat am 27. Februar 2025 den Wechsel von der New Yorker Börse zum OTCQX® Best Market vollzogen. Dieser Schritt wird voraussichtlich die Kosten senken und gleichzeitig den Zugang zu den US-Kapitalmärkten aufrechterhalten.
Das Unternehmen, das zuvor an der NYSE gehandelt wurde, muss hohe finanzielle Standards erfüllen, bewährte Unternehmensführung praktizieren und die Wertpapiergesetze einhalten, um für den OTCQX-Handel qualifiziert zu sein. Li-Cycle konzentriert sich derzeit darauf, Mittel für sein Rochester Hub-Projekt zu sichern und die Bedingungen für die erste Vorauszahlung aus seiner Darlehensfazilität des US-Energieministeriums zu erfüllen.
- Cost reduction through OTCQX listing
- Secured DOE loan facility
- Established partnerships in critical minerals and battery supply chains
- Downgrade from NYSE to OTCQX trading
- Pending funding package for Rochester Hub project
- Unfulfilled DOE loan facility conditions
NEW YORK, Feb. 27, 2025 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced that Li-Cycle Holdings Corp. (OTCQX: LICYF), a leading global lithium-ion battery resource recovery company, has qualified to trade on the OTCQX® Best Market. Li-Cycle Holdings Corp. previously traded on the New York Stock Exchange.
Li-Cycle Holdings Corp. begins trading today on OTCQX under the symbol “LICYF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
Trading on the OTCQX Market offers companies efficient, cost-effective access to the U.S. capital markets. Streamlined market requirements for OTCQX are designed to help companies lower the cost and complexity of being publicly traded, while providing transparent trading for their investors. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws.
“We are pleased to start trading on OTCQX, which is expected to reduce our costs while continuing to provide us efficient access to U.S. capital markets,” said Ajay Kochhar, Li-Cycle President and CEO. “We remain focused on providing value for all stakeholders and advancing our key priorities, which include securing a complete funding package for our Rochester Hub project and satisfying funding conditions for first advance under our U.S. Department of Energy (DOE) loan facility. With our finalized DOE loan facility, top-tier partnerships across the global critical minerals and lithium-ion battery supply chains, and patented Spoke & Hub Technologies™, Li-Cycle plays an important role in strengthening the U.S. energy industry due to our ability to domestically produce critical minerals.”
About Li-Cycle Holdings Corp.
Li-Cycle 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. The Company leverages its innovative, sustainable and patent-protected Spoke & Hub Technologies™ to recycle all different types of lithium-ion batteries. At our Spokes, or pre-processing facilities, we recycle battery manufacturing scrap and end-of-life batteries to produce black mass, a powder-like substance which contains a number of valuable metals, including lithium, nickel and cobalt. At our future Hubs, or post-processing facilities, we plan to process black mass to produce critical battery-grade materials, including lithium carbonate, for the lithium-ion battery supply chain.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX® Best Market, OTCQB® Venture Market and Pink® Open Market.
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