Filing Details

Accession Number:
0000950170-25-008775
Form Type:
13G Filing
Publication Date:
2025-01-23 19:00:00
Filed By:
Spring Creek Capital, LLC
Company:
Li-Cycle Holdings Corp.
Filing Date:
2025-01-24
SEC Url:
13G Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Beneficially Owned Number of Shares Beneficially Owned Number of Aggregate Shares Percent of Class
Spring Creek Capital, LLC 0 6,720 0.02%
Wood River Capital, LLC 0 1,976,654 5.26%
Koch, Inc. 0 1,983,374 5.28%
Filing





Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Checkbox not checked   Rule 13d-1(b)
Checkbox checked   Rule 13d-1(c)
Checkbox not checked   Rule 13d-1(d)






SCHEDULE 13G



Comment for Type of Reporting Person:  The percentage reflected in Row 11 in the table above is calculated using 35,603,217 common shares, no par value (the "Public Shares"), of Li-Cycle Holdings Corp., an Ontario corporation (the "Issuer"), outstanding as of January 16, 2025, as provided to the Reporting Persons (as defined below) by the Issuer.


SCHEDULE 13G



Comment for Type of Reporting Person:  The shares reported in Rows 5, 7 and 9 in the table above represent 1,976,654 Public Shares which may be issuable to Wood River Capital, LLC ("Wood River") upon conversion of the unsecured convertible note issued in the original principal amount of $100,000,000 pursuant to that certain Note Purchase Agreement (the "Note Purchase Agreement") entered into on September 29, 2021, between the Issuer and Spring Creek Capital, LLC ("Spring Creek") (together with subsequently issued unsecured convertible notes under the Note Purchase Agreement, the "Convertible Notes") based on the outstanding principal amount of $133,760,217, as of December 31, 2024, without giving effect to accrued and unpaid interest, which may be payable in-kind at the Issuer's option at subsequent semi-annual interest payment dates. The percentage reflected in Row 11 in the table above is calculated using 37,579,871 Public Shares deemed outstanding as of January 16, 2025, including (i) 35,603,217 Public Shares outstanding as of January 16, 2025, as provided to the Reporting Persons (as defined below) by the Issuer, and (ii) 1,976,654 Public Shares issuable upon conversion of the Convertible Notes.


SCHEDULE 13G



Comment for Type of Reporting Person:  The shares reported in Rows 5, 7 and 9 in the table above represent (i) 1,976,654 Public Shares issuable upon conversion of the Convertible Notes beneficially owned by Wood River and (ii) 6,720 Public Shares held by Spring Creek. These Issuer securities may be deemed to be beneficially owned by Koch, Inc. by virtue of Koch, Inc.'s indirect beneficial ownership of Spring Creek and Wood River. The percentage reflected in Row 11 in the table above is calculated using 37,579,871 Public Shares deemed outstanding as of January 16, 2025, including (i) 35,603,217 Public Shares outstanding as of January 16, 2025, as provided to the Reporting Persons by the Issuer, and (ii) 1,976,654 Public Shares issuable upon conversion of the Convertible Notes.


SCHEDULE 13G


 
Spring Creek Capital, LLC
 
Signature:Raffaele G. Fazio
Name/Title:Vice President and Secretary
Date:01/24/2025
 
Wood River Capital, LLC
 
Signature:Raffaele G. Fazio
Name/Title:Vice President and Secretary
Date:01/24/2025
 
Koch, Inc.
 
Signature:Raffaele G. Fazio
Name/Title:Assistant Secretary
Date:01/24/2025