---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-019073"
form_type: "8-K"
ticker: null
cik: "0001828811"
company_name: "Li-Cycle Holdings Corp."
filed_at: "2024-04-29T23:59:59+00:00"
generated_at: "2026-06-03T05:43:24.712986+00:00"
event_type: "regulatory"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Li-Cycle loses foreign private issuer status; restates 2023 quarter financials to US GAAP

## Summary
- Effective Jan 1, 2024, Li-Cycle must file as U.S. domestic issuer (10-K, 10-Q, 8-K) and use US GAAP.
- Restated Q1 2023 financials (US GAAP): revenue $3.6M (down from $8.0M YoY), net loss $36.5M (from $9.8M).
- Restated Q2 and Q3 2023 financials also filed; no change in underlying operations or cash flows.
- Cash and equivalents $409.2M as of March 31, 2023; no new business updates provided.

## SEC filing metadata
- accession: 0001628280-24-019073
- form_type: 8-K
- cik: 0001828811
- company_name: Li-Cycle Holdings Corp.
- filed_at: 2024-04-29T23:59:59+00:00
- event_type: regulatory
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828811/000162828024019073/0001628280-24-019073-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828811/000162828024019073/licy-20240429.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-019073
- JSON: https://secwatch.observer/filing/0001628280-24-019073.json
- Plain text: https://secwatch.observer/filing/0001628280-24-019073.txt

## Key facts
- Earnings Releases
  Li-Cycle Holdings Corp. reported the three months ended March 31, 2022 results: revenue 8.0, net income (9.8), EPS $ (0.06).
  - Period: the three months ended March 31, 2022
  - Revenue: 8.0
  - Net income: (9.8)
  - EPS: $ (0.06)
  - Result: reported results
  source text: For the three months ended March 31, 2023 For the three months ended March 31, 2022 Revenue Product revenue $ 3.1 $ 7.7 Recycling service revenue 0.5 0.3 Total revenue 3.6 8.0 Cost of sales Cost of sales - Product revenue (19.1) (8.5) Cost of sales - Recycling service revenue — — Total cost of sales (19.1) (8.5) Selling, general and administrative expense (22.7) (20.2) Research and development (0.9) (0.6) Loss from operations $ (39.1) $ (21.3) Other income (expense) Interest income 5.0 0.2 Interest expense (1.1) (3.4) Foreign exchange loss (0.5) (0.2) Fair value gain (loss) on financial instruments (0.7) 14.9 $ 2.7 $ 11.5 Net loss before taxes $ (36.4) $ (9.8) Income tax (0.1) — Net loss and comprehensive loss $ (36.5) $ (9.8) Net loss and comprehensive loss attributable to Shareholders of Li-Cycle Holdings Corp. (36.5) (9.8) Non-controlling interest — — Net loss and comprehensive loss $ (36.5) $ (9.8) Loss per common share - basic and diluted $ (0.21) $ (0.06)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828811/000162828024019073/0001628280-24-019073-index.htm
- Earnings Releases
  Li-Cycle Holdings Corp. reported the three months ended March 31, 2023 results: revenue 3.6, net income (36.5), EPS $ (0.21).
  - Period: the three months ended March 31, 2023
  - Revenue: 3.6
  - Net income: (36.5)
  - EPS: $ (0.21)
  - Result: reported results
  source text: For the three months ended March 31, 2023 For the three months ended March 31, 2022 Revenue Product revenue $ 3.1 $ 7.7 Recycling service revenue 0.5 0.3 Total revenue 3.6 8.0 Cost of sales Cost of sales - Product revenue (19.1) (8.5) Cost of sales - Recycling service revenue — — Total cost of sales (19.1) (8.5) Selling, general and administrative expense (22.7) (20.2) Research and development (0.9) (0.6) Loss from operations $ (39.1) $ (21.3) Other income (expense) Interest income 5.0 0.2 Interest expense (1.1) (3.4) Foreign exchange loss (0.5) (0.2) Fair value gain (loss) on financial instruments (0.7) 14.9 $ 2.7 $ 11.5 Net loss before taxes $ (36.4) $ (9.8) Income tax (0.1) — Net loss and comprehensive loss $ (36.5) $ (9.8) Net loss and comprehensive loss attributable to Shareholders of Li-Cycle Holdings Corp. (36.5) (9.8) Non-controlling interest — — Net loss and comprehensive loss $ (36.5) $ (9.8) Loss per common share - basic and diluted $ (0.21) $ (0.06)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828811/000162828024019073/0001628280-24-019073-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.