144: Filer Information
Filer CIK | 0001877376 |
Filer CCC | XXXXXXXX |
Is this a LIVE or TEST Filing? | LIVE TEST |
Submission Contact Information | |
Name | |
Phone | |
E-Mail Address |
Form 144 Filer Information |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144
NOTICE OF PROPOSED SALE OF SECURITIES
PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933 | |
FORM 144 |
Filer CIK | 0001877376 |
Filer CCC | XXXXXXXX |
Is this a LIVE or TEST Filing? | LIVE TEST |
Submission Contact Information | |
Name | |
Phone | |
E-Mail Address |
Name of Issuer | Li-Cycle Holdings Corp. |
SEC File Number | 001-40733 |
Address of Issuer | 207 Queens Quay West, Suite 590 Toronto ONTARIO, CANADA M5J 1A7 |
Phone | 877-542-9253 |
Name of Person for Whose Account the Securities are To Be Sold | 2829908 Delaware LLC |
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account
the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given
as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales
for the account of the person filing this notice.
| |
Relationship to Issuer | Officer, director, 10% shareholder |
Title of the Class of Securities To Be Sold | Name and Address of the Broker | Number of Shares or Other Units To Be Sold | Aggregate Market Value | Number of Shares or Other Units Outstanding | Approximate Date of Sale | Name the Securities Exchange |
---|---|---|---|---|---|---|
Common Shares | Citigroup Global Markets Inc. 388 Greenwich Street, Tower Building New York NY 10013 | 3000000 | 13140000.00 | 178107516 | 08/18/2023 | NYSE |
Title of the Class | Date you Acquired | Nature of Acquisition Transaction | Name of Person from Whom Acquired | Is this a Gift? | Date Donor Acquired | Amount of Securities Acquired | Date of Payment | Nature of Payment * |
---|---|---|---|---|---|---|---|---|
Common Shares | 08/11/2021 | reverse merger with public company | Issuer | 24276545 | 08/11/2021 | exchange for shares of private company |
Name and Address of Seller | Title of Securities Sold | Date of Sale | Amount of Securities Sold | Gross Proceeds |
---|---|---|---|---|
Ajay Kochhar c/o Li-Cycle Holdings Corp. 207 Queens Quay West, Suite 590 Toronto A6 M5J 1A7 | Common Shares | 05/16/2023 | 159640 | 709599.80 |
Ajay Kochhar c/o Li-Cycle Holdings Corp. 207 Queens Quay West, Suite 590 Toronto A6 M5J 1A7 | Common Shares | 05/17/2023 | 139685 | 640204.29 |
Ajay Kochhar c/o Li-Cycle Holdings Corp. 207 Queens Quay West, Suite 590 Toronto A6 M5J 1A7 | Common Shares | 08/15/2023 | 19090 | 102849.28 |
Remarks | In accordance with the procedures described in the 1999 SEC interpretive letter to Goldman, Sachs & Co. and the 2011 SEC interpretive letter to Bank of America N.A., the Shares noticed on Side 1, Item 3(c), are subject to a variable pre-paid forward sale contract (the "Contract") between the reporting person ("Counterparty", which is wholly-owned by Mr. Ajay Kochhar, the Chief Executive Officer of the issuer) and Citibank, N.A. ("Dealer"). Dealer is an affiliate of the broker named on Side 1, Item 3(b). The Contract will provide for an up-front cash payment to Counterparty based upon the prices at which shares are sold by the broker during an initial hedging period. At settlement, Counterparty will be obligated to deliver Shares or pay an amount in cash up to the value of the number of Shares underlying the Contract, each as determined by a formula. Any initial hedging activity in connection with the Contract will be conducted by the broker named on Side 1, Item 3(b). |
Date of Notice | 08/18/2023 |
ATTENTION: | |
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date. | |
Signature | /s/ Ajay Kochhar |
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001) |