** Shares of battery recycler Li-Cycle Holdings LICY.N fall 33.4% to $1.01
** LICY says it is raising $15 mln through an underwritten public offering
** The offering consists of 15 million units, each consisting of one common share, a Series A Warrant and a Series B Warrant, with a public offering price per unit of $1
** Offering priced at 34.2% discount to stock's last close
** Co plans on using the proceeds for working capital and general corporate purposes
** Aegis Capital is the sole book-running manager for the offering
** LICY fell ~62% in 2024
(Reporting by Kamal Choudhury in Bengaluru)
((Kamal.Choudhury@thomsonreuters.com))