Koch Strategic Platforms (KSP) to Invest $100 million through a Convertible Note
Investment Provides Capital to Fund Rapidly Expanding Growth Initiatives and Opportunity to Access to Enhanced Execution Capabilities
Webcast Discussing the Investment by Koch Strategic Platforms Added to the Website
Li-Cycle Holdings Corp. (NYSE:LICY) (“Li-Cycle” or “the Company”), an industry leader in lithium-ion battery resource recovery and the leading lithium-ion battery recycler in North America, today announced that Koch Strategic Platforms (“KSP”), a subsidiary of Koch Investments Group, will make a $100 million investment in Li-Cycle through purchase of a convertible note to support the Company’s rapidly expanding growth opportunities in North America, Europe and Asia.
