Li-Cycle Holdings gets Chapter 15 approval as asset sales shape Li-Cycle Holdings stock

Published on 10/16/2026 at 01:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Chapter 15 approval came October 10, 2026 amid an asset sale bid. Li-Cycle Holdings stock had USD 28.0 million revenue, up 53 percent, in historical TTM data.

Li-Cycle faces asset sale pressure

Chapter 15 approval was reported on October 10, 2026 amid a Glencore sale bid.
Historical revenue reached USD 28.0 million in trailing twelve months to mid-2024, up 53 percent.
Li-Cycle Holdings stock had an equity value of USD 4.2 million on October 13, 2026.

LICY, CA50202P1053, Illustration mit AI erstellt.

Li-Cycle Holdings (ISIN CA50202P1053) received a Chapter 15 approval amid a Glencore-linked asset sale process, according to Law360 on October 10, 2026. The development places the former battery recycler's equity story in the restructuring and asset-sale arena.

Approval shifts attention to assets

The Chapter 15 proceeding matters because Li-Cycle entered creditor protection in 2025 while Glencore pursued the company's operating assets. The approval therefore connects the legal process with the transfer of plants and equipment rather than with a return to normal quarterly operations.

AskCyborg describes Li-Cycle as a Toronto-based lithium-ion battery recycler that processed manufacturing scrap and end-of-life batteries through its Spoke and Hub technology. The same overview says the company filed for bankruptcy protection in August 2025 and pursued asset sales.

What does the revenue history show?

The operating record explains why asset value now matters more than a conventional growth narrative. Historical revenue reached USD 28.0 million in the trailing twelve months to mid-2024, up 53 percent from USD 18.3 million in 2023, while battery energy storage recycling grew 33 percent between 2023 and 2024, according to AskCyborg. Those figures are historical and do not describe a current operating forecast.

Trading status and company profile

Yahoo Finance identifies Li-Cycle Holdings as a lithium-ion battery resource-recovery company and lists its security on OTC Markets under LICYQ. The equity value stood at USD 4.2 million on October 13, 2026. Its profile also lists fiscal year-end on December 31 and describes Glencore Canada Corporation as the subsidiary owner as of August 7, 2025.

The asset position also has a wider policy context. A September 22, 2026 industry report said Glencore acquired Li-Cycle's US assets out of bankruptcy in August 2025 for roughly USD 40 million, including facilities in Arizona, Alabama and New York and the unfinished Rochester hub, according to Critical Minerals News. The report said the restart timing for the Rochester hub had not been published.

Asset outcome is the key variable

For Li-Cycle Holdings stock, the October 10 approval and the historical revenue comparison point to two separate questions: how much value can be recovered from the remaining assets, and whether Glencore expands their operating use. The company profile and legal process now matter more than a standard earnings calendar.