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NYSE to Commence Delisting Proceedings Against Li-Cycle Holdings Corp. (LICY)

1. LICY faces delisting from NYSE and immediate trading suspension. 2. NYSE cites compliance issues per the Listed Company Manual.

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FAQ

Why Very Bearish?

Delisting often leads to a significant decrease in share value, as seen with other companies in past delistings, leading to a loss of investor confidence and liquidity.

How important is it?

Delisting is a critical event that can dramatically alter the company’s standing and investor perception, making it highly impactful.

Why Short Term?

Immediate trading suspension will quickly affect LICY's stock price as investors react to the news.

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SPCEKODKCCIV
NEW YORK--(BUSINESS WIRE)--The New York Stock Exchange (“NYSE”, the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the common shares of Li-Cycle Holdings Corp. (the “Company”) — ticker symbol LICY — from the NYSE. Trading in the Company's common shares will be suspended immediately. NYSE Regulation reached its decision to delist the Company's common shares pursuant to Section 802.01C of the NYSE's Listed Company Manual because the.

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