{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-022456","form_type":"8-K","ticker":null,"cik":"0001828811","company_name":"Li-Cycle Holdings Corp.","filed_at":"2024-05-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.478038+00:00","generated_at":"2026-06-02T04:06:36.997121+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Li-Cycle Q1 net loss widens to $136.7M; revenue up 17%; cuts workforce, advances DOE loan talks","bullets":["Net loss of $136.7M vs $36.5M in Q1 2023, driven by $58.9M debt extinguishment loss and $23.8M unrealized fair value loss.","Revenue of $4.2M (+17% YoY); product sales and recycling services revenue fell to $4.6M from $7.7M on lower nickel/cobalt prices.","Adjusted EBITDA loss improved to $27.4M from $37.9M; ended Q1 with $109.1M cash.","Closed $75M Glencore convertible note; DOE loan for up to $375M under review; workforce cuts to save ~$10M annually.","Signed new/expanded recycling agreements with three top European EV OEMs; advancing Rochester Hub MHP approach cost estimates."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-022456","json":"https://secwatch.observer/filing/0001628280-24-022456.json","markdown":"https://secwatch.observer/filing/0001628280-24-022456.md","text":"https://secwatch.observer/filing/0001628280-24-022456.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1828811/000162828024022456/0001628280-24-022456-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1828811/000162828024022456/licy-20240510.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T04:06:36.997121+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"03c655e73197a00d550d233a78fad291e6c84e63","claim":"Li-Cycle Holdings Corp. reported the three months ended March 31, 2024 results: revenue $4.2 million.","evidence_excerpt":"payable metals in the products sold, partially offset by an increase in recycling service revenue and a higher amount of black mass sold. Total revenues increased 17% to $4.2 million versus $3.6 million in 2023, which was impacted by lower unfavorable FMV pricing adjustment of $0.4 million versus an unfavorable adjustment of $4.1 million in the prior year.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1828811/000162828024022456/0001628280-24-022456-index.htm","confidence":0.7,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended March 31, 2024"},{"label":"Revenue","value":"$4.2 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}