NYSE to Commence Delisting Proceedings Against Li-Cycle Holdings Corp. (LICY)
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The NYSE has announced the commencement of delisting proceedings against Li-Cycle Holdings Corp. (LICY), with trading in its common shares suspended immediately.
February 26, 2025 | 11:00 pm
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Li-Cycle Holdings Corp. is facing delisting from the NYSE, with trading in its shares suspended immediately. This action is due to non-compliance with NYSE's listing standards.
The delisting and immediate suspension of trading for LICY shares is a significant negative event, likely leading to a decrease in stock price due to reduced liquidity and investor confidence.
CONFIDENCE 100
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RELEVANCE 100