The latest update is out from Li-Cycle Holdings ( (LICYF) ).
On May 5, 2025, Li-Cycle Holdings Corp. announced it received waiver extensions from its convertible note holders, Glencore Canada Corporation and Wood River Capital, allowing its common shares to continue trading on the OTCQX Best Market until May 9, 2025. Despite these extensions, the company disclosed potential significant operational changes, including the possibility of dissolving or liquidating its assets due to financial challenges, as it seeks buyers for its business or assets.
Spark’s Take on LICYF Stock
According to Spark, TipRanks’ AI Analyst, LICYF is a Neutral.
Li-Cycle Holdings’ overall score is affected by strong revenue growth but hindered by significant financial challenges, including high leverage and negative cash flows. Technical indicators suggest bearish momentum, while recent earnings calls and corporate events highlight positive strategic progress and additional funding. Overall, while there are promising developments, financial and operational hurdles need resolution to improve the stock’s outlook.
To see Spark’s full report on LICYF stock, click here.
More about Li-Cycle Holdings
Li-Cycle Holdings Corp. is a leading global company in the lithium-ion battery resource recovery industry. Established in 2016, the company focuses on recovering critical battery-grade materials to create a domestic closed-loop battery supply chain, contributing to a clean energy future.
Average Trading Volume: 537,771
Technical Sentiment Signal: Sell
Current Market Cap: $3.56M
Learn more about LICYF stock on TipRanks’ Stock Analysis page.