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  <TITLE>S-8</TITLE>
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   <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>As filed with the Securities and Exchange Commission on August&nbsp;19, 2024 </B></P>
  <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Registration No.&nbsp;333- </B></P> <P STYLE="font-size:4pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&nbsp;</P> <P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P>
  <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>UNITED STATES </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>SECURITIES
  AND EXCHANGE COMMISSION </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>WASHINGTON, D.C. 20549 </B></P> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
  <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>FORM <FONT
  STYLE="white-space:nowrap">S-8</FONT> </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>REGISTRATION STATEMENT </B></P>
  <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B><I>UNDER </I></B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B><I>THE
  SECURITIES ACT OF 1933 </I></B></P> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
  <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:24pt; font-family:Times New Roman" ALIGN="center"><B><FONT STYLE="white-space:nowrap">LI-CYCLE</FONT> HOLDINGS CORP. </B></P>
  <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>(Exact name of registrant as specified in its charter) </B></P> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
  <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:8pt" ALIGN="center">
  
  
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  <TD VALIGN="top" ALIGN="center"><B>Province of Ontario, Canada</B></TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="top" ALIGN="center"><B>Not Applicable</B></TD></TR>
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  <TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(State or other jurisdiction of</B></P>
  <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>incorporation or organization)</B></P></TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(I.R.S. Employer</B></P>
  <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Identification No. &#8195;)</B></P></TD></TR>
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  <TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>207 Queens Quay West, Suite 590,</B></P>
  <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Toronto, Ontario, M5J, IA7, Canada</B></P></TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom" ALIGN="center"><B>N/A</B></TD></TR>
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  <TD VALIGN="top" ALIGN="center"><B>(Address of Principal Executive Offices)</B></TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="top" ALIGN="center"><B>(Zip Code)</B></TD></TR>
  </TABLE> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><FONT STYLE="white-space:nowrap">Li-Cycle</FONT> Holdings Corp. 2021 Incentive Award Plan </B></P>
  <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>(Full title of plan) </B></P>
  <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Ajay Kochhar </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>207 Queens
  Quay West, Suite 590 </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Toronto, ON M5J 1A7 </B></P>
  <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>(877) <FONT STYLE="white-space:nowrap">542-9253</FONT> </B></P>
  <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Name, address and telephone number, including area code, of agent for service) </B></P>
  <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><I>Copies to: </I></B></P> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">
  
  
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  <TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Jonathan Grant</B></P>
  <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Fraser Bourne</B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>McCarthy
  T&eacute;trault LLP</B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>66 Wellington Street West</B></P>
  <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Suite 5300, TD Bank Tower Box 48</B></P>
  <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Toronto, ON M5K 1E6</B></P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><FONT
  STYLE="white-space:nowrap">(416)&nbsp;362-1812</FONT></B></P></TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Paul M. Tiger, Esq.</B></P>
  <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Andrea M. Basham, Esq.</B></P>
  <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Freshfields Bruckhaus Deringer US LLP</B></P>
  <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>3 World Trade Center</B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>175
  Greenwich Street</B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>New York, NY 10007</B></P>
  <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>(212) <FONT STYLE="white-space:nowrap">277-4000</FONT></B></P></TD></TR>
  </TABLE> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
  <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a <FONT STYLE="white-space:nowrap">non-accelerated</FONT>
  filer, a smaller reporting company or an emerging growth company. See the definitions of &#147;large accelerated filer,&#148; &#147;accelerated filer,&#148; &#147;smaller reporting company&#148; and &#147;emerging growth company&#148; in Rule <FONT
  STYLE="white-space:nowrap">12b-2</FONT> of the Exchange Act. </P> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">
  
  
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  <TD VALIGN="bottom">Large&nbsp;accelerated&nbsp;filer</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&#9746;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom">Accelerated&nbsp;filer</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&#9744;</TD></TR>
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  <TD VALIGN="bottom">Non-accelerated filer</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&#9744;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom">Smaller&nbsp;reporting&nbsp;company</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&#9744;</TD></TR>
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  <TD VALIGN="bottom">&nbsp;</TD>
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  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom">Emerging&nbsp;growth&nbsp;company</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&#9744;</TD></TR>
  </TABLE> <P STYLE="margin-top:8pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period
  for complying with any new or revised financial accounting standards provided pursuant to Section&nbsp;7(a)(2)(B) of the Securities Act. &#9744; </P> <P STYLE="font-size:8pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&nbsp;</P> <P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P>
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   <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>EXPLANATORY NOTE </B></P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">This registration statement on <FONT STYLE="white-space:nowrap">Form&nbsp;S-8&nbsp;(the</FONT> &#147;<B>Registration Statement</B>&#148;)
  contains two parts, Part I and Part II. The first part contains a &#147;reoffer prospectus&#148; (the &#147;<B>Reoffer Prospectus</B>&#148;) prepared in accordance with Part I of Form <FONT STYLE="white-space:nowrap">S-3</FONT> (in accordance with
  Instruction C of the General Instructions of Form <FONT STYLE="white-space:nowrap">S-8).</FONT> This Reoffer Prospectus may be used for reoffers and resales on a continuous or delayed basis of up to 1,520,082 common shares (the
  &#147;<B>Shares</B>&#148;) of <FONT STYLE="white-space:nowrap">Li-Cycle</FONT> Holdings Corp. (the &#147;<B>Company</B>,&#148; &#147;<B>us</B>,&#148; &#147;<B>we</B>,&#148; or the &#147;<B>Registrant</B>&#148;) under the <FONT
  STYLE="white-space:nowrap">Li-Cycle</FONT> Holdings Corp. 2021 Incentive Award Plan (the &#147;<B>Plan</B>&#148;) that may be deemed to be &#147;restricted securities&#148; within the meaning of the Securities Act of 1933, as amended (the
  &#147;<B>Securities Act</B>&#148;) and the rules and regulations promulgated thereunder, by certain stockholders that are our current and former employees (including officers), consultants, and advisors (the &#147;<B>Selling
  Securityholders</B>&#148;) for their own accounts. As specified in General Instruction C of <FONT STYLE="white-space:nowrap">Form&nbsp;S-8,&nbsp;the</FONT> amount of securities to be reoffered or resold under the Reoffer Prospectus by each Selling
  Securityholder and any other person with whom he or she is acting in concert for the purpose of selling the Registrant&#146;s securities, may not exceed, during any three-month period, the amount specified in Rule 144(e) under the Securities Act.
  </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The second part contains information required to be set forth in the Registration Statement pursuant to General Instruction E of Form <FONT
  STYLE="white-space:nowrap">S-8.</FONT> The Registration Statement is also being filed in order to register an additional 1,613,111 Shares under the Plan, pursuant to the evergreen provision included therein as well as 100,628&nbsp;Shares issuable
  upon the exercise of outstanding options governed by the Plan. These securities relate to the Plan and are of the same class as those securities registered on the Registrant&#146;s registration statement on <A HREF="http://www.sec.gov/Archives/edgar/data/1828811/000119312521352733/d211201ds8.htm">
  <FONT STYLE="white-space:nowrap">Form&nbsp;S-8</FONT></A>&nbsp;previously filed with the Securities and Exchange Commission (the &#147;<B>SEC</B>&#148;) on&nbsp;December&nbsp;9, 2021&nbsp;(Registration&nbsp;No.
  <FONT STYLE="white-space:nowrap">333-261568),</FONT> which is hereby incorporated by reference, except to the extent supplemented, amended or superseded by information set forth in this Registration Statement. </P>
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   <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>REOFFER PROSPECTUS </B></P>
  <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="center">
  
  
  <IMG SRC="g874385g0816124650932.jpg" ALT="LOGO">
   </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:24pt; font-family:Times New Roman" ALIGN="center"><B><FONT STYLE="white-space:nowrap">Li-Cycle</FONT> Holdings Corp. </B></P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:14pt; font-family:Times New Roman" ALIGN="center"><B>1,520,082 Common Shares </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
  <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">This prospectus
  relates to 1,520,082 common shares (the &#147;<B>Shares</B>&#148;) of <FONT STYLE="white-space:nowrap">Li-Cycle</FONT> Holdings Corp. (the &#147;<B>Company</B>,&#148; &#147;<B>us</B>,&#148; &#147;<B>we</B>,&#148; or the
  &#147;<B>Registrant</B>&#148;) under the <FONT STYLE="white-space:nowrap">Li-Cycle</FONT> Holdings Corp. 2021 Incentive Award Plan (the &#147;<B>Plan</B>&#148;), which may be offered and sold from time to time by certain shareholders who are our
  current or former employees (including officers), consultants and advisors (the &#147;<B>Selling Securityholders</B>&#148;), for their own accounts. The Shares will be or were acquired by the Selling Securityholders under the Plan. </P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Our Shares are listed on the New York Stock Exchange (&#147;<B>NYSE</B>&#148;) under the symbol &#147;LICY.&#148; On August 13, 2024, the
  closing price of the Shares on NYSE was $2.59 per share. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Shares may be offered from time to time by any or all of the Selling
  Securityholders through a number of different ways and at varying prices, including sales in the open market, sales in negotiated transactions and sales by a combination of these methods. The Selling Securityholders may sell any, all or none of the
  Shares and we do not know when or in what amount the Selling Securityholders may sell their Shares, if they were to sell any, following the effective date of this registration statement. The price at which any of the Shares may be sold, and the
  commissions, if any, paid in connection with any such sale, are unknown and may vary from transaction to transaction. See &#147;<I>Plan of Distribution</I>.&#148; Sales may be made through brokers or to dealers, who are expected to receive customary
  commissions or discounts. We are paying all expenses of registration incurred in connection with this offering but the Selling Securityholders will pay all brokerage commissions and other selling expenses. We will not receive any of the proceeds
  from sales of the Shares by any of the Selling Securityholders. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The Selling Securityholders and participating brokers and dealers may be
  deemed to be &#147;underwriters&#148; within the meaning of the Securities Act, in which event any profit on the sale of Shares of those Selling Securityholders and any commissions or discounts received by those brokers or dealers may be deemed to
  be underwriting compensation under the Securities Act. If underwriters or dealers are used to sell the Shares, we will name them and describe their compensation in a prospectus supplement. </P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">As specified in General Instruction C of <FONT STYLE="white-space:nowrap">Form&nbsp;S-8,&nbsp;the</FONT> amount of securities to be reoffered
  or resold under the prospectus by each Selling Securityholder and any other person with whom he or she is acting in concert for the purpose of selling the Registrant&#146;s securities, may not exceed, during any three-month period, the amount
  specified in Rule 144(e) under the Securities Act. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
  <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:12pt; font-family:Times New Roman"><B>INVESTING IN
  OUR SHARES INVOLVES RISKS. SEE &#147;</B><B><I><A HREF="#tx874385_3">RISK FACTORS</A></I></B><B>&#148; BEGINNING ON PAGE 3 OF THIS PROSPECTUS FOR A DISCUSSION OF CERTAIN RISKS AND OTHER FACTORS THAT YOU SHOULD CONSIDER BEFORE PURCHASING OUR SHARES.
  </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>Neither the Securities and Exchange Commission (the &#147;SEC&#148;) nor any state securities commission has approved or
  disapproved of these securities or determined if this prospectus is truthful or complete. Any representation to the contrary is a criminal offense. </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
  <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>The date of
  this prospectus is August&nbsp;19, 2024. </B></P>
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  <TD></TD>
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  <TD></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom" COLSPAN="2" ALIGN="center">Page</TD>
  <TD VALIGN="bottom">&nbsp;</TD></TR>
  
  
  <TR STYLE="font-size:1pt">
  <TD HEIGHT="8"></TD>
  <TD HEIGHT="8" COLSPAN="4"></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#tx874385_1">Cautionary Statement Regarding Forward-Looking Statements</A></P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">ii</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
  <TR STYLE="font-size:1pt">
  <TD HEIGHT="8"></TD>
  <TD HEIGHT="8" COLSPAN="4"></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#tx874385_2">Prospectus Summary</A></P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">1</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
  <TR STYLE="font-size:1pt">
  <TD HEIGHT="8"></TD>
  <TD HEIGHT="8" COLSPAN="4"></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#tx874385_3">Risk Factors</A></P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">3</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
  <TR STYLE="font-size:1pt">
  <TD HEIGHT="8"></TD>
  <TD HEIGHT="8" COLSPAN="4"></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#tx874385_4">Determination of Offering Price</A></P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">4</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
  <TR STYLE="font-size:1pt">
  <TD HEIGHT="8"></TD>
  <TD HEIGHT="8" COLSPAN="4"></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#tx874385_5">Use of Proceeds</A></P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">5</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
  <TR STYLE="font-size:1pt">
  <TD HEIGHT="8"></TD>
  <TD HEIGHT="8" COLSPAN="4"></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#tx874385_6">Selling Securityholders</A></P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">6</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
  <TR STYLE="font-size:1pt">
  <TD HEIGHT="8"></TD>
  <TD HEIGHT="8" COLSPAN="4"></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#tx874385_7">Plan of Distribution</A></P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">9</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
  <TR STYLE="font-size:1pt">
  <TD HEIGHT="8"></TD>
  <TD HEIGHT="8" COLSPAN="4"></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#tx874385_8">Legal Matters</A></P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">10</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
  <TR STYLE="font-size:1pt">
  <TD HEIGHT="8"></TD>
  <TD HEIGHT="8" COLSPAN="4"></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#tx874385_9">Experts</A></P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">10</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
  <TR STYLE="font-size:1pt">
  <TD HEIGHT="8"></TD>
  <TD HEIGHT="8" COLSPAN="4"></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#tx874385_10">Incorporation of Documents by Reference</A></P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">10</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
  <TR STYLE="font-size:1pt">
  <TD HEIGHT="8"></TD>
  <TD HEIGHT="8" COLSPAN="4"></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman"><A HREF="#tx874385_11">Where You Can Find More Information</A></P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">12</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
  </TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>We are responsible for the information contained or incorporated by reference in this prospectus and any
  accompanying prospectus supplement that we prepare or authorize. Neither we nor any Selling Securityholder has authorized anyone to give you any other information, and neither we nor any Selling Securityholder take responsibility for any other
  information that others may give you. This prospectus is an offer to sell only the Shares offered hereby, and only under circumstances and in jurisdictions where it is lawful to do so. You should not assume that the information contained in this
  prospectus or any accompanying prospectus supplement prepared by us is accurate on any date subsequent to the date set forth on the front of the applicable document or that any information we have incorporated by reference is correct on any date
  subsequent to the date of the document incorporated by reference, even though this prospectus and any accompanying prospectus supplement is delivered or Shares are sold on a later date. Our business, financial condition, results of operations, and
  prospects may have changed materially since those dates. </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Except where the context requires otherwise, in this prospectus,
  &#147;<B>we</B>,&#148; &#147;<B>us</B>,&#148; &#147;<B>our</B>,&#148; &#147;<B><FONT STYLE="white-space:nowrap">Li-Cycle</FONT></B>&#148; or the &#147;<B>Company</B>&#148; refer to <FONT STYLE="white-space:nowrap">Li-Cycle</FONT> Holdings Corp., an
  Ontario corporation, and its consolidated subsidiaries. </P>
   <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">i </P>
  
  </DIV></Center>
  
  
  <p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
  <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
  
  <Center><DIV STYLE="width:8.5in" align="left">
   <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><A NAME="tx874385_1"></A>CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
  </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Certain statements contained in this prospectus and the documents incorporated by reference herein may be considered
  &#147;forward-looking statements&#148; within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, Section&nbsp;27A of the Securities Act, Section&nbsp;21 of the U.S.&nbsp;Securities Exchange Act of 1934, as amended (the
  &#147;<B>Exchange Act</B>&#148;), and applicable Canadian securities laws. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Forward-looking statements may generally be identified by the
  use of words such as &#147;believe&#148;, &#147;may&#148;, &#147;will&#148;, &#147;continue&#148;, &#147;anticipate&#148;, &#147;intend&#148;, &#147;expect&#148;, &#147;should&#148;, &#147;would&#148;, &#147;could&#148;, &#147;plan&#148;,
  &#147;potential&#148;, &#147;future&#148;, &#147;target&#148; or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters, although not all forward-looking statements contain such
  identifying words. Forward-looking statements in this prospectus include but are not limited to statements about: the expectation that <FONT STYLE="white-space:nowrap">Li-Cycle</FONT> will recover critical battery materials to create a domestic
  closed-loop battery supply chain for a clean energy future; the expectation that the steps taken under the cash preservation plan will result in cash savings; <FONT STYLE="white-space:nowrap">Li-Cycle&#146;s</FONT> expectations regarding cash
  outflows; <FONT STYLE="white-space:nowrap">Li-Cycle&#146;s</FONT> expectations regarding the DOE Loan; <FONT STYLE="white-space:nowrap">Li-Cycle&#146;s</FONT> expectations that it will require significant funding before restarting the Rochester Hub
  project or that it will be able to restart the Rochester Hub project and the cost to complete; <FONT STYLE="white-space:nowrap">Li-Cycle&#146;s</FONT> expectations that it will be stopping or slowing operations at its remaining operating Spokes and <FONT
  STYLE="white-space:nowrap">re-evaluating</FONT> its strategy for bringing on additional Spoke and Hub capacity in the near-term; <FONT STYLE="white-space:nowrap">Li-Cycle&#146;s</FONT> expectation to recognize revenue from the sale of critical
  battery materials; <FONT STYLE="white-space:nowrap">Li-Cycle&#146;s</FONT> expectation regarding other capital expenditures; <FONT STYLE="white-space:nowrap">Li-Cycle&#146;s</FONT> expectation that it will need to secure an alternative short or
  long-term financing in the near term or else it will not have sufficient cash and cash equivalents on hand or other resources to support current operations for the twelve months following the filing of this prospectus; expectations related to
  potential financing and other strategic alternatives; expectations related to the outcome of future litigation, including the disclosure of certain mechanic&#146;s liens against the Company and the amount owed; expectations regarding the ability to
  attract new suppliers; expectations regarding annual growth rate of the number of EVs and hybrids; expectations regarding the price and supply of nickel and cobalt; and expectations regarding expected growth in the amount of LIB materials available
  for recycling. These statements are based on various assumptions, whether or not identified in this prospectus, made by <FONT STYLE="white-space:nowrap">Li-Cycle&#146;s</FONT> management, including but not limited to assumptions regarding the
  timing, scope and cost of <FONT STYLE="white-space:nowrap">Li-Cycle&#146;s</FONT> projects, including paused projects; the processing capacity and production of <FONT STYLE="white-space:nowrap">Li-Cycle&#146;s</FONT> facilities; <FONT
  STYLE="white-space:nowrap">Li-Cycle&#146;s</FONT> expectations regarding workforce reductions; <FONT STYLE="white-space:nowrap">Li-Cycle&#146;s</FONT> ability to source feedstock and manage supply chain risk;
  <FONT STYLE="white-space:nowrap">Li-Cycle&#146;s</FONT> ability to increase recycling capacity and efficiency; <FONT STYLE="white-space:nowrap">Li-Cycle&#146;s</FONT> ability to obtain financing on acceptable terms or execute any strategic
  transactions; <FONT STYLE="white-space:nowrap">Li-Cycle&#146;s</FONT> ability to retain and hire key personnel and maintain relationships with customers, suppliers and other business partners; the success of the cash preservation plan, the outcome
  of the review of the <FONT STYLE="white-space:nowrap">go-forward</FONT> strategy of the Rochester Hub, <FONT STYLE="white-space:nowrap">Li-Cycle&#146;s</FONT> ability to attract new suppliers or expand its supply pipeline from existing suppliers;
  general economic conditions; currency exchange and interest rates; compensation costs; and inflation. There can be no assurance that such assumptions will prove to be correct and, as a result, actual results or events may differ materially from
  expectations expressed in or implied by the forward-looking statements. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Forward-looking statements involve inherent risks and
  uncertainties, most of which are difficult to predict and many of which are beyond the control of <FONT STYLE="white-space:nowrap">Li-Cycle,</FONT> and which may cause actual results to differ materially from the forward-looking information. The
  risk factors and cautionary language discussed in this prospectus provide examples of risks, uncertainties and events that may cause actual results to differ materially from the expectations described by us in such forward-looking statements,
  including among other things: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt"><FONT STYLE="white-space:nowrap">Li-Cycle&#146;s</FONT> inability to economically and efficiently source, recover
  and recycle <FONT STYLE="white-space:nowrap">lithium-ion</FONT> batteries and <FONT STYLE="white-space:nowrap">lithium-ion</FONT> battery manufacturing scrap, as well as third party black mass, and to meet the market demand for an environmentally
  sound, closed-loop solution for manufacturing waste and <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">end-of-life</FONT></FONT> <FONT STYLE="white-space:nowrap">lithium-ion</FONT> batteries; </P></TD></TR></TABLE>
  <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt"><FONT STYLE="white-space:nowrap">Li-Cycle&#146;s</FONT> inability to successfully implement its global growth
  strategy, on a timely basis or at all; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt"><FONT STYLE="white-space:nowrap">Li-Cycle&#146;s</FONT> inability to manage future global growth effectively;
  </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt"><FONT STYLE="white-space:nowrap">Li-Cycle&#146;s</FONT> inability to develop the Rochester Hub as anticipated or
  at all, and other future projects including its Spoke network expansion projects in a timely manner or on budget or that those projects will not meet expectations with respect to their productivity or the specifications of their end products;
  </P></TD></TR></TABLE>
   <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">ii </P>
  
  </DIV></Center>
  
  
  <p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
  <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
  
  <Center><DIV STYLE="width:8.5in" align="left">
  
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt"><FONT STYLE="white-space:nowrap">Li-Cycle&#146;s</FONT> history of losses and expected significant expenses for
  the foreseeable future as well as additional funds required to meet <FONT STYLE="white-space:nowrap">Li-Cycle&#146;s</FONT> liquidity needs and capital requirements in the future not being available to
  <FONT STYLE="white-space:nowrap">Li-Cycle</FONT> on acceptable terms or at all when it needs them; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">risk and uncertainties related to <FONT STYLE="white-space:nowrap">Li-Cycle&#146;s</FONT> ability to continue as
  a going concern; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">uncertainty related to the success of <FONT STYLE="white-space:nowrap">Li-Cycle&#146;s</FONT> cash preservation
  plan and related past and any further workforce reductions; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt"><FONT STYLE="white-space:nowrap">Li-Cycle&#146;s</FONT> inability to attract, train and retain top talent who
  possess specialized knowledge and technical skills; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt"><FONT STYLE="white-space:nowrap">Li-Cycle&#146;s</FONT> failure to oversee and supervise strategic review of all
  or any of <FONT STYLE="white-space:nowrap">Li-Cycle&#146;s</FONT> operations and capital project and obtain financing and other strategic alternatives; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt"><FONT STYLE="white-space:nowrap">Li-Cycle&#146;s</FONT> ability to service its debt and the restrictive nature of
  the terms of its debt; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt"><FONT STYLE="white-space:nowrap">Li-Cycle&#146;s</FONT> potential engagement in strategic transactions, including
  acquisitions, that could disrupt its business, cause dilution to its shareholders, reduce its financial resources, result in incurrence of debt, or prove not to be successful; </P></TD></TR></TABLE>
  <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">one or more of <FONT STYLE="white-space:nowrap">Li-Cycle&#146;s</FONT> current or future facilities becoming
  inoperative, capacity constrained or disrupted, or lacking sufficient feed streams to remain in operation; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">the potential impact of the pause in construction of the Rochester Hub on the authorizations and permits granted
  to <FONT STYLE="white-space:nowrap">Li-Cycle</FONT> for the operation of the Rochester Hub and the Spokes on pause; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">the risk that the New York state and municipal authorities determine that the permits granted to <FONT
  STYLE="white-space:nowrap">Li-Cycle</FONT> for the production of metal sulphates at the Rochester Hub will be impacted by the change to MHP and the reduction in scope for the project; </P></TD></TR></TABLE>
  <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt"><FONT STYLE="white-space:nowrap">Li-Cycle&#146;s</FONT> failure to materially increase recycling capacity and
  efficiency; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt"><FONT STYLE="white-space:nowrap">Li-Cycle</FONT> expects to continue to incur significant expenses and may not
  achieve or sustain profitability; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">problems with the handling of <FONT STYLE="white-space:nowrap">lithium-ion</FONT> battery cells that result in
  less usage of <FONT STYLE="white-space:nowrap">lithium-ion</FONT> batteries or affect <FONT STYLE="white-space:nowrap">Li-Cycle&#146;s</FONT> operations; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt"><FONT STYLE="white-space:nowrap">Li-Cycle&#146;s</FONT> inability to maintain and increase feedstock supply
  commitments as well as secure new customers and <FONT STYLE="white-space:nowrap">off-take</FONT> agreements; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">a decline in the adoption rate of EVs, or a decline in the support by governments for &#147;green&#148; energy
  technologies; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">decreases in benchmark prices for the metals contained in <FONT STYLE="white-space:nowrap">Li-Cycle&#146;s</FONT>
  products; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">changes in the volume or composition of feedstock materials processed at
  <FONT STYLE="white-space:nowrap">Li-Cycle&#146;s</FONT> facilities; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">the development of an alternative chemical <FONT STYLE="white-space:nowrap">make-up</FONT> of <FONT
  STYLE="white-space:nowrap">lithium-ion</FONT> batteries or battery alternatives; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt"><FONT STYLE="white-space:nowrap">Li-Cycle&#146;s</FONT> expected revenues for the Rochester Hub are expected to
  be derived significantly from a limited number of customers; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt"><FONT STYLE="white-space:nowrap">Li-Cycle&#146;s</FONT> insurance may not cover all liabilities and damages;
  </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt"><FONT STYLE="white-space:nowrap">Li-Cycle&#146;s</FONT> reliance on third-party consultants for its regulatory
  compliance; </P></TD></TR></TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:5%; font-size:10pt; font-family:Times New Roman"><FONT STYLE="white-space:nowrap">Li-Cycle&#146;s</FONT> inability to complete its recycling processes as
  quickly as customers may require; </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt"><FONT STYLE="white-space:nowrap">Li-Cycle&#146;s</FONT> inability to compete successfully; </P></TD></TR></TABLE>
  <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">increases in income tax rates, changes in income tax laws or disagreements with tax authorities;
  </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">significant variance in <FONT STYLE="white-space:nowrap">Li-Cycle&#146;s</FONT> operating and financial results
  from period to period due to fluctuations in its operating costs and other factors; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">fluctuations in foreign currency exchange rates which could result in declines in reported sales and net
  earnings; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">unfavorable economic conditions; </P></TD></TR></TABLE>
  <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">natural disasters, unusually adverse weather, epidemic or pandemic outbreaks, cyber incidents, boycotts and <FONT
  STYLE="white-space:nowrap">geo-political</FONT> events; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">failure to protect or enforce <FONT STYLE="white-space:nowrap">Li-Cycle&#146;s</FONT> intellectual property;
  </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt"><FONT STYLE="white-space:nowrap">Li-Cycle</FONT> may be subject to intellectual property rights claims by third
  parties; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt"><FONT STYLE="white-space:nowrap">Li-Cycle</FONT> may be subject to cybersecurity attacks, including, but not
  limited to, ransomware; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt"><FONT STYLE="white-space:nowrap">Li-Cycle&#146;s</FONT> failure to effectively remediate the material weaknesses
  in its internal control over financial reporting that it has identified or its failure to develop and maintain a proper and effective internal control over financial reporting; </P></TD></TR></TABLE>
   <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">iii </P>
  
  </DIV></Center>
  
  
  <p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
  <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
  
  <Center><DIV STYLE="width:8.5in" align="left">
  
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">the potential for <FONT STYLE="white-space:nowrap">Li-Cycle&#146;s</FONT> directors and officers who hold Company
  common shares to have interests that may differ from, or be in conflict with, the interests of other shareholders; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">risks related to adoption of <FONT STYLE="white-space:nowrap">Li-Cycle&#146;s</FONT> rights plan and the
  volatility of the price of <FONT STYLE="white-space:nowrap">Li-Cycle&#146;s</FONT> common shares; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt"><FONT STYLE="white-space:nowrap">Li-Cycle&#146;s</FONT> estimated total addressable market;
  </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt"><FONT STYLE="white-space:nowrap">Li-Cycle&#146;s</FONT> reliance on the experience and expertise of senior
  management and key personnel; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt"><FONT STYLE="white-space:nowrap">Li-Cycle&#146;s</FONT> reliance on a limited number of commercial partners to
  generate revenue; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">Customer demand for recycled materials; </P></TD></TR></TABLE>
  <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">the NYSE may delist our common shares, which could limit investors&#146; ability to engage in transactions in our
  common shares and subject us to additional trading restrictions; and </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="5%">&nbsp;</TD>
  <TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
  <TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
  <TD ALIGN="left" VALIGN="top"> <P ALIGN="left" STYLE=" margin-top:0pt ; margin-bottom:0pt; font-family:Times New Roman; font-size:10pt">risk of litigation or regulatory proceedings that could materially adversely impact <FONT
  STYLE="white-space:nowrap">Li-Cycle&#146;s</FONT> financial results. </P></TD></TR></TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">These and other risks and uncertainties related to
  <FONT STYLE="white-space:nowrap">Li-Cycle&#146;s</FONT> business and the assumptions on which the forward-looking information is based are described in greater detail in the sections titled &#147;<I>Risk Factors</I>&#148; and elsewhere in this
  prospectus and in the documents incorporated by reference herein. Because of these risks, uncertainties and assumptions, readers should not place undue reliance on these forward-looking statements. Actual results could differ materially from those
  contained in any forward-looking statements. <FONT STYLE="white-space:nowrap">Li-Cycle</FONT> assumes no obligation to update or revise any forward-looking statements, except as required by applicable laws. These forward-looking statements should
  not be relied upon as representing <FONT STYLE="white-space:nowrap">Li-Cycle&#146;s</FONT> assessments as of any date subsequent to the date of this prospectus. </P>
   <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">iv </P>
  
  </DIV></Center>
  
  
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  <div style ="BORDER-BOTTOM:1.00pt solid #000000;BORDER-LEFT:1.00pt solid #000000;BORDER-RIGHT:1.00pt solid #000000;BORDER-TOP:1.00pt solid #000000;MARGIN-LEFT:0px; MARGIN-RIGHT:0px;max-width:100%"><div style="width:97%; margin-top:1.5%; margin-bottom:1.5%; margin-left:1.5%; margin-right:-1.25%">
  
   <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><A NAME="tx874385_2"></A>PROSPECTUS SUMMARY </B></P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman"><I>This summary highlights selected information and does not contain all of the information you should consider before investing in our
  securities. Before making your investment decision with respect to our securities, you should carefully read this entire prospectus, any applicable prospectus supplement and the documents referred to in &#147;Where You Can Find More
  Information&#148; and &#147;Incorporation by Reference.&#148; Some of the statements in this prospectus constitute forward-looking statements that involve significant risks and uncertainties. See &#147;Cautionary Statement Regarding Forward-Looking
  Statements&#148; for more information.</I> </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Our Company </B></P>
  <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman"><FONT STYLE="white-space:nowrap">Li-Cycle&nbsp;(NYSE:</FONT> LICY) is a leading
  <FONT STYLE="white-space:nowrap">global&nbsp;lithium-ion&nbsp;battery</FONT> (&#147;<B>LIB</B>&#148;) resource recovery company. Established in 2016, and with customers and partners around the
  <FONT STYLE="white-space:nowrap">world,&nbsp;Li-Cycle&#146;s&nbsp;mission</FONT> is to recover critical battery-grade materials to create a domestic closed-loop battery supply chain for a clean energy future. The Company&#146;s proprietary
  &#147;Spoke&nbsp;&amp; Hub&#148; recycling and resource recovery process is designed (a)&nbsp;at its Spokes, <FONT STYLE="white-space:nowrap">or&nbsp;pre-processing&nbsp;facilities,</FONT> to process battery manufacturing scrap <FONT
  STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">and&nbsp;end-of-life&nbsp;batteries</FONT></FONT> to produce &#147;black mass&#148;, a powder-like substance which contains a number of valuable metals, and other intermediate products, and
  (b)&nbsp;at its future Hubs, or post-processing facilities, to process black mass to produce critical materials for <FONT STYLE="white-space:nowrap">the&nbsp;lithium-ion&nbsp;battery</FONT> supply chain, including lithium carbonate. </P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">At its Spokes, in addition to producing black mass, the Company produces certain other intermediate products analogous to black mass that have
  a similar metal content, and, as a result, the Company tracks its production using a unit of measure called black mass and black mass equivalents (&#147;<B>Black Mass</B><B></B><B>&nbsp;&amp; Equivalents</B>&#148; or &#147;<B>BM&amp;E</B>&#148;).
  </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman"><FONT STYLE="white-space:nowrap">Li-Cycle&nbsp;pioneered</FONT> what it believes to be an innovative and scalable metallurgical
  processing method with its Spoke&nbsp;&amp; Hub network, with the goal of making a valuable contribution to the EV industry and the world&#146;s transition to a circular economy by offering an environmentally-friendly recycling solution alternative
  to energy-intensive pyrometallurgical processing methods. <FONT STYLE="white-space:nowrap">By&nbsp;re-inserting&nbsp;critical</FONT> materials back into <FONT STYLE="white-space:nowrap">the&nbsp;lithium-ion&nbsp;battery</FONT> supply chain, we
  believe we will be able to effectively close the loop between the beginning <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">and&nbsp;end-of-life&nbsp;manufacturing</FONT></FONT> phases in both an environmentally and what we believe
  to be an economically sustainable manner. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman"><FONT STYLE="white-space:nowrap">Lithium-ion&nbsp;batteries</FONT> are increasingly powering
  products and solutions in a range of industries, including consumer electronics, EVs and energy storage. An overview of the industries in <FONT STYLE="white-space:nowrap">which&nbsp;lithium-ion&nbsp;batteries</FONT> are utilized is set forth below:
  </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="margin-top:0pt;margin-bottom:0pt" ALIGN="center">
  
  
  <IMG SRC="g874385g0816124651263.jpg" ALT="LOGO">
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   <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">1 </P>
  
  </DIV></Center>
  
  
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  <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
  
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  <div style ="BORDER-BOTTOM:1.00pt solid #000000;BORDER-LEFT:1.00pt solid #000000;BORDER-RIGHT:1.00pt solid #000000;BORDER-TOP:1.00pt solid #000000;MARGIN-LEFT:0px; MARGIN-RIGHT:0px;max-width:100%"><div style="width:97%; margin-top:1.5%; margin-bottom:1.5%; margin-left:1.5%; margin-right:-1.25%">
  
   <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Corporate Information </B></P>
  <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman"><FONT STYLE="white-space:nowrap">Li-Cycle</FONT> Holdings&nbsp;Corp. was amalgamated on August&nbsp;10, 2021 under the <I>Business Corporations
  Act</I> (Ontario) (&#147;<B>OBCA</B>&#148;) in connection with the consummation of the Business Combination Agreement, dated as of February&nbsp;15, 2021, as amended, by and among Peridot Acquisition Corp.,
  <FONT STYLE="white-space:nowrap">Li-Cycle</FONT> Corp. and the Company, on that date. It is governed by the OBCA. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Our principal executive
  office is located 207 Queens Quay West, Suite 590, Toronto, ON M5J 1A7, Canada and our phone number is&nbsp;(877) <FONT STYLE="white-space:nowrap">542-9253.</FONT> Our&nbsp;agent for service of process in the United States is Puglisi&nbsp;&amp;
  Associates located at 850 Library Avenue, Suite 204, Newark, DE 19711. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Our principal website address&nbsp;is <FONT
  STYLE="white-space:nowrap">http://www.li-cycle.com.</FONT> The&nbsp;information contained on our website does not form a part of, and is not incorporated by reference into, this prospectus. </P>
  </div></div>
  
   <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">2 </P>
  
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   <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><A NAME="tx874385_3"></A>RISK FACTORS </B></P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">An investment in the Shares carries a significant degree of risk. Before deciding whether to acquire Shares, you should carefully consider the
  risk factors included in our most recent Annual Report on <FONT STYLE="white-space:nowrap">Form&nbsp;10-K</FONT> filed with the SEC on March&nbsp;15, 2024 (as amended by the Form <FONT STYLE="white-space:nowrap">10-K/A</FONT> filed with the SEC on
  April&nbsp;29, 2024),&nbsp;the Quarterly Reports on <FONT STYLE="white-space:nowrap">Form&nbsp;10-Q</FONT> for the quarters ended March&nbsp;31, 2024 filed with the SEC on May&nbsp;10, 2024 and June&nbsp;30, 2024 filed with the SEC on August&nbsp;8,
  2024 and any subsequent reports filed with the SEC after the date of this prospectus, and all other information contained in or incorporated by reference into this prospectus. The risks described in these documents are not the only ones we face.
  There may be other unknown or unpredictable economic, business, competitive, regulatory or other factors, or factors that we currently deem immaterial, that could have material adverse effects on our future results. Past financial performance may
  not be a reliable indicator of future performance, and historical trends should not be used to anticipate results or trends in future periods. The occurrence of any of these risks might cause you to lose all or part of your investment in the Shares.
  Please also read carefully the section titled &#147;<I>Cautionary Statement Regarding Forward-Looking Statements</I>.&#148; </P>
   <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">3 </P>
  
  </DIV></Center>
  
  
  <p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
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   <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><A NAME="tx874385_4"></A>DETERMINATION OF OFFERING PRICE </B></P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">The Selling Securityholders will determine at what price they may sell the offered Shares, and such sales may be made at prevailing market
  prices or at privately negotiated prices. See &#147;<I>Plan of Distribution</I>&#148; below for more information. </P>
   <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">4 </P>
  
  </DIV></Center>
  
  
  <p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
  <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
  
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   <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><A NAME="tx874385_5"></A>USE OF PROCEEDS </B></P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">We will not receive any of the proceeds from the sale of the Shares. All proceeds from the sale of the Shares will be for the account of the
  Selling Securityholders, as described below. See the sections titled &#147;<I>Selling Securityholders</I>&#148; and &#147;<I>Plan of Distribution</I>&#148; below. </P>
   <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">5 </P>
  
  </DIV></Center>
  
  
  <p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
  <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
  
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   <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><A NAME="tx874385_6"></A>SELLING SECURITYHOLDERS </B></P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">The following table sets forth information regarding beneficial ownership of our Shares as of August&nbsp;13, 2024, as adjusted to reflect the
  Shares that may be sold from time to time pursuant to this prospectus, for all Selling Securityholders, consisting of the individuals shown as having shares listed in the column entitled &#147;Shares Offered.&#148; </P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">The Shares offered by the Selling Securityholders hereunder include an aggregate of 1,520,082 outstanding Shares that will be or were acquired
  by certain of our current and former employees (including officers), consultants and advisors pursuant to the Plan, as described in this prospectus. We have determined beneficial ownership in accordance with the rules of the SEC, and thus it
  represents sole or shared voting or investment power with respect to our securities. In computing the number of Shares beneficially owned by a person and the percentage ownership of that person, we deemed outstanding any Shares subject to options
  held by that person that are exercisable within 60 days of August&nbsp;13, 2024, or issuable pursuant to restricted stock units (&#147;<B>RSUs</B>&#148;) or performance-based RSUs, which are subject to vesting and settlement conditions
  (&#147;<B>PSUs</B>&#148;) within 60 days of August&nbsp;13, 2024. We did not deem these shares outstanding, however, for the purpose of computing the percentage ownership of any other person. Unless otherwise indicated below, to our knowledge, the
  persons and entities named in the table have sole voting and sole investment power with respect to all shares that they beneficially owned as August&nbsp;13, 2024, subject to community property laws where applicable. The information does not
  necessarily indicate beneficial ownership for any other purpose, including for purposes of Sections 13(d) and 13(g) of the Securities Act. </P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">We have based percentage ownership of our Shares before this offering on 22,519,152 Shares outstanding as of August&nbsp;13, 2024. </P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">We cannot give an estimate as to the number of Shares that will actually be held by the Selling Securityholders following the resales
  contemplated by this prospectus because the Selling Securityholders may offer some or all of their Shares under the offering contemplated by this prospectus or pursuant to exemptions from registration under the Securities Act or acquire additional
  Shares. We cannot advise you as to whether the Selling Securityholders will, in fact, sell any or all such Shares. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Inclusion of an
  individual&#146;s name in the table below does not constitute an admission that such individual is an &#147;affiliate&#148; of the Company. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">
  
  
  <TR>
  
  <TD WIDTH="62%"></TD>
  
  <TD VALIGN="bottom" WIDTH="2%"></TD>
  <TD></TD>
  <TD></TD>
  <TD></TD>
  
  <TD VALIGN="bottom" WIDTH="2%"></TD>
  <TD></TD>
  <TD></TD>
  <TD></TD>
  
  <TD VALIGN="bottom" WIDTH="2%"></TD>
  <TD></TD>
  <TD></TD>
  <TD></TD>
  
  <TD VALIGN="bottom" WIDTH="2%"></TD>
  <TD></TD>
  <TD></TD>
  <TD></TD>
  
  <TD VALIGN="bottom" WIDTH="2%"></TD>
  <TD></TD>
  <TD></TD>
  <TD></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
  <TD VALIGN="bottom" NOWRAP> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; display:table-cell; font-size:8pt; font-family:Times New Roman; "><B>Selling
  Securityholder<SUP STYLE="font-size:75%; vertical-align:top">(1)(2)</SUP></B></P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Shares&nbsp;Owned&nbsp;Prior&nbsp;to&nbsp;this<BR>Offering</B></TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Shares&nbsp;Offered</B></TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom" COLSPAN="6" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Shares&nbsp;Beneficially&nbsp;Owned<BR>After the Offering <SUP STYLE="font-size:75%; vertical-align:top">(3)</SUP></B></TD>
  <TD VALIGN="bottom">&nbsp;</TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Number</B></TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Percent</B></TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD COLSPAN="2" VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Number</B></TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"><B>Percent</B></TD>
  <TD VALIGN="bottom">&nbsp;</TD></TR>
  
  
  <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Ajay Kochhar, <I>President Chief Executive Officer and Director</I> (4)</P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">3,165,607</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">14.06</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">334,343</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">3,499,950</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">15.54</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Carl DeLuca, <I>General Counsel and Secretary</I> (5)</P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">22,870</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">*</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">144,964</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">167,834</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">*</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
  <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Chris Biederman, <I>Chief Technology Officer</I> (6)</P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">28,720</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">*</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">111,511</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">140,231</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">*</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Dawei Li<I>, Regional President, APAC</I> (7)</P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">14,188</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">*</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">83,632</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">97,820</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">*</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
  <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Christine Barwell<I>, Chief Human Resources Officer</I> (8)</P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">2,144</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">*</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">89,209</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">91,353</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">*</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Conor Spollen<I>, Chief Operating Officer</I> (9)</P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">13,763</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">*</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">117,086</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">130,849</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">*</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
  <TR BGCOLOR="#cceeff" STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Named Selling Securityholders (10)</P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">37,710</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">*</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">626,760</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">664,470</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">2.95</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; margin-left:1.00em; text-indent:-1.00em; font-size:10pt; font-family:Times New Roman">Other Selling Securityholders (11)</P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">0</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">*</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">12,577</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">12,577</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD>
  <TD NOWRAP VALIGN="bottom" ALIGN="right">*</TD>
  <TD NOWRAP VALIGN="bottom">&nbsp;</TD></TR>
  </TABLE>
   <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">6 </P>
  
  </DIV></Center>
  
  
  <p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
  <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
  
  <Center><DIV STYLE="width:8.5in" align="left">
  
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="4%" VALIGN="top" ALIGN="left">*</TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Represents beneficial ownership of less than 1%. </P></TD></TR></TABLE>
  <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="4%" VALIGN="top" ALIGN="left">(1)</TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Except as otherwise noted below, the address for each person listed in the table is c/o <FONT
  STYLE="white-space:nowrap">Li-Cycle</FONT> Holdings Corp., 207 Queens Quay West, Suite 590, Toronto, ON M5J 1A7, Canada. </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="4%" VALIGN="top" ALIGN="left">(2)</TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">All positions described are with the Company, unless otherwise indicated. </P></TD></TR></TABLE>
  <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="4%" VALIGN="top" ALIGN="left">(3)</TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Assumes that all Shares held by each Selling Securityholder and being offered under this prospectus are sold,
  and no Selling Securityholder will acquire additional Shares before the completion of this offering. </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="4%" VALIGN="top" ALIGN="left">(4)</TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Ajay Kochhar&#146;s 3,165,607 Shares beneficially owned include (1) 17,454 common shares owned directly by
  Mr.&nbsp;Kochhar, (2) 3,107,826 common shares owned by 2829908 Delaware LLC, a Delaware limited liability company, which is a wholly-owned subsidiary of Maplebriar Holdings Inc., a corporation organized under the laws of the Province of Ontario
  (&#147;<B>Maplebriar Holdings</B>&#148;), having a sole shareholder, The Kochhar Family Trust, an irrevocable trust established under the laws of the Province of Ontario, Canada (the &#147;<B>Trust</B>&#148;), and (3) 40,327 common shares subject to
  vested stock options held by Mr.&nbsp;Kochhar which includes options to acquire (i) 22,108 common shares at a price of $87.44 per share until August&nbsp;10, 2031, (ii) 7,767 common shares at a price of $60.64 per share until January&nbsp;31, 2032
  and (iii) 10,543 common shares at a price of $46.16 per share until January&nbsp;27, 2033. There is an oral agreement among Mr.&nbsp;Kochhar, the Trust, Maplebriar Holding, and 2829908 Delaware LLC, that grants Mr.&nbsp;Kochhar the sole power to
  control the voting and disposition of the common shares of the Company held by 2829908 Delaware LLC. Mr.&nbsp;Kochhar is one of three trustees of the Trust, along with Mr.&nbsp;Kochhar&#146;s brother and father, and the beneficiaries of the Trust
  are principally relatives of Mr.&nbsp;Kochhar. Mr.&nbsp;Kochhar is a Director and the President and CEO of the Company. The 3,107,826 common shares owned by 2829908 Delaware LLC include 375,000 common shares pledged to secure 2829908 Delaware
  LLC&#146;s obligations under two prepaid variable share forward contracts entered into by and between 2829908 Delaware LLC and Citibank, N.A. (&#147;<B>Citibank</B>&#148;) on May&nbsp;19, 2023 and August&nbsp;16, 2023, respectively (together, the
  &#147;<B>2829908 Delaware LLC VPF Contracts</B>&#148;). 2829908 Delaware LLC retains dividend and voting rights in the pledged common shares during the term of the pledge (so long as no event of default or similar event occurs under the applicable
  2829908 Delaware LLC VPF Contract or the related pledge and security agreement). The 2829908 Delaware LLC VPF Contracts obligate 2829908 Delaware LLC to deliver to Citibank up to 125,000 common shares (or, at 2829908 Delaware LLC&#146;s election, an
  equivalent amount of cash based on the market price of common shares at that time) on August&nbsp;18, 2024 and up to 250,000 common shares (or, at 2829908 Delaware LLC&#146;s election, an equivalent amount of cash based on the market price of common
  shares at that time) on November&nbsp;15, 2024. The 334,343 Shares Offered consist of 133,737 common shares issuable on the settlement of RSUs, and 200,606 common shares issuable on the settlement of PSUs. </P></TD></TR></TABLE>
  <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="4%" VALIGN="top" ALIGN="left">(5)</TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Carl DeLuca&#146;s 22,870 Shares beneficially owned include (1) 4,933 common shares owned directly by
  Mr.&nbsp;DeLuca and (2) 17,937 common shares subject to vested stock options which includes options to acquire (i) 12,808 common shares at a price of $87.44 per share until August&nbsp;10, 2023, (ii) 2,368 common shares at a price of $60.64 per
  share until January&nbsp;31, 2032 and (iii) 2,761 common shares at a price of $46.16 per share until January&nbsp;27, 2033. Mr.&nbsp;DeLuca is the General Counsel&nbsp;&amp; Corporate Secretary of the Company. The 144,964 Shares Offered consist of
  92,807 common shares issuable on the settlement of RSUs, and 52,157 common shares issuable on the settlement of PSUs. </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="4%" VALIGN="top" ALIGN="left">(6)</TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Chris Biederman&#146;s 28,720 Shares beneficially owned include (1) 16,600 shares owned directly by
  Mr.&nbsp;Biederman and (2) 12,120 common shares subject to vested stock options which includes options to acquire (i) 8,420 common shares at a price of $87.44 per share until August&nbsp;10, 2031, (ii) 1,974 common shares at a price of $60.64 per
  share until January&nbsp;31, 2032 and (iii) 1,726 common shares at a price of $46.16 per share until January&nbsp;27, 2033. Mr.&nbsp;Biederman is the Chief Technical Officer of the Company. The 111,511 Shares Offered consist of 71,390 common shares
  issuable on the settlement of RSUs, and 40,121 common shares issuable on the settlement of PSUs. </P></TD></TR></TABLE>
   <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">7 </P>
  
  </DIV></Center>
  
  
  <p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
  <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
  
  <Center><DIV STYLE="width:8.5in" align="left">
  
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="4%" VALIGN="top" ALIGN="left">(7)</TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Dawei Li&#146;s 14,188 Shares beneficially owned include (1) 6,314 common shares owned directly by Mr.&nbsp;Li
  and (2) 7,874 common shares subject to vested stock options which includes options to acquire (i) 2,339 common shares at a price of $87.44 per share until August&nbsp;10, 2031, (ii) 2,644 common shares at a price of $105.60 per share until
  November&nbsp;22, 2031, (iii) 1,579 common shares at a price of $60.64 per share until January&nbsp;31, 2032 and (iv) 1,312 common shares at a price of $46.16 per share until January&nbsp;27, 2033. Mr.&nbsp;Li is the Regional President, APAC of the
  Company. The 83,632 Shares Offered consist of 53,542 common shares issuable on the settlement of RSUs, and 30,090 common shares issuable on the settlement of PSUs. </P></TD></TR></TABLE>
  <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="4%" VALIGN="top" ALIGN="left">(8)</TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Christine Barwell&#146;s 2,144 Shares beneficially owned include (1) 957 shares owned directly by
  Ms.&nbsp;Barwell and (2) 1,187 common shares subject to vested stock options to acquire common shares at a price of $46.16 per share until January&nbsp;27, 2033. The 89,209 Shares Offered consist of 57,112 common shares issuable on the settlement of
  RSUs, and 32,097 common shares issuable on the settlement of PSUs. </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="4%" VALIGN="top" ALIGN="left">(9)</TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Conor Spollen&#146;s 13,763 Shares beneficially owned include (1) 3,889 common shares owned directly by
  Mr.&nbsp;Spollen and (2) 9,874 common shares subject to vested stock options which includes options to acquire (i) 8,282 common shares at a price of $61.92 per share until March&nbsp;8, 2032 and (ii) 1,592 common shares at a price of $46.16 per
  share until January&nbsp;27, 2033. Mr.&nbsp;Spollen is the Chief Operating Officer of the Company. The 117,086 Shares Offered consist of 74,959 common shares issuable on the settlement of RSUs, and 42,127 common shares issuable on the settlement of
  PSUs. </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="4%" VALIGN="top" ALIGN="left">(10)</TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Includes the following 97 <FONT STYLE="white-space:nowrap">named&nbsp;non-affiliate&nbsp;persons,</FONT> each
  of whom holds at least 1,000 Shares:&nbsp;Robert Adams, Dean Alonzo, Julian Barbour, Gloria Berger, Kurtis Boehm, Delano Bornman, Nathan Britt, Christopher Cater, Oliver Ceberg, Viktor Cernis, Twinkle Choubey, Derek Chow, David Crocker, Darren
  Dachelet, Joseph Day, Daniel Demers, Elewout Depicker, Louie Diaz, John Diggory, Sheldon D&#146;souza, Hans-Peter D&uuml;rr, Manu Dutt, Antoine Emanuel, Jens Emrich, Gary Ennis, Laura Escandon Amores, Alan Ferguson, Brett Fleury, Jonathan Fox,
  Jelena Novikov Fried, Dave Fumarola, Ruiya Gao, Sebastien Gisquiere, Steven Gonzales, Jeffrey Green, Kevin Hall, Mikko Henttonen, Scott Hoenecke, Jonas Jeschke, Sophia Jinbo-Doran, Nina Johnsr&oslash;d, Charles Johnston, Bekbolot Kabylov, Alexander
  Karis, Harry Kumar, Aditya Lakshmanan, Hanh Le Allis, Adam Luquire, Lisa MacEachern, Urooj Manzoor, Jean Massey, Neil McIntyre, Michael Miller, AbdulMateenFarhan Mohammed, Jessica M&ouml;hring, Greg Montgomery, Christopher Moon, Johnathan Mueller,
  Alan Murray, Sadiq Naqvi, Claus Nielsen, David Novakowski, Rick Padmos, ArielJeanSeon Paik, Sangeeta Patil, Frank Pommerenke, Navanethan Pongiannan, Sukrita Prasad, Charles Reagan, Pedro Rivera, Michael Robinette, Anabela Rodrigues, Rob Schenkel,
  Udo Schleif, Manfred Schmidt, Tobias Schmidt, William Schnorbus, Matthew Selden, Yucel Sezer, David Shaut, Jennifer Shepker, Lucy Soce, Nirmet Sodhi, Krista Sohaj, Anthony Staley, Shawn Sweely, Darcy Tait, Zak Tollefson, Melissa van Veen, Connor
  Vice, Thomas Wadsworth, James Watts, Brett Whalen, Torsten Witte, George Wu, Camille Zapatos, Stephen Zhou. </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="4%" VALIGN="top" ALIGN="left">(11)</TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Includes 35 unnamed <FONT STYLE="white-space:nowrap">non-affiliate</FONT> persons, each of whom holds less than
  1,000 Shares and each of whom may sell up to such amount using this prospectus. Each of these persons beneficially owns less than 1% of our Shares. </P></TD></TR></TABLE>
   <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">8 </P>
  
  </DIV></Center>
  
  
  <p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
  <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
  
  <Center><DIV STYLE="width:8.5in" align="left">
   <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><A NAME="tx874385_7"></A>PLAN OF DISTRIBUTION </B></P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">The Shares covered by this prospectus are being registered by the Company to permit the Selling Securityholders to conduct public secondary
  trading of these Shares from time to time after the date of this prospectus. The Shares offered may be sold from time to time directly by or on behalf of each Selling Securityholder in one or more transactions on NYSE or any other stock exchange on
  which the Shares may be listed at the time of sale, in the <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">over-the-counter</FONT></FONT> market, in privately negotiated transactions, by any other method permitted by applicable law
  or through a combination of such methods, at market prices prevailing at the time of sale, at prices related to such prevailing market prices, at fixed prices (which may be changed), varying prices determined at the time of sale or at negotiated
  prices. These transactions may include block transactions or crosses. Crosses are transactions in which the same broker acts as an agent on both sides of the trade. The Selling Securityholders may sell Shares through one or more agents, brokers, or
  dealers or directly to purchasers. Such brokers or dealers may receive compensation in the form of commissions, discounts, or concessions from the Selling Securityholders and/or purchasers of the Shares or both. Such compensation as to a particular
  broker or dealer may be in excess of customary commissions. The amount of Shares to be reoffered or resold under this prospectus by each Selling Securityholder and any other person with whom the Selling Securityholder is acting in concert for the
  purpose of selling Shares, may not exceed, during any three-month period, the amount specified in Rule 144(e) under the Securities Act. </P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">In connection with a Selling Securityholder&#146;s sales, the Selling Securityholder and any participating broker or dealer may be deemed to
  be &#147;underwriters&#148; within the meaning of the Securities Act, and any commissions they receive and the proceeds of any sale of Shares may be deemed to be underwriting discounts and commissions under the Securities Act. We are bearing all
  costs relating to the registration of the Shares. Any commissions or other fees payable to brokers or dealers in connection with any sale of the Shares will be borne by the Selling Securityholders or other party selling such Shares. </P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Sales of the Shares must be made by the Selling Securityholders in compliance with all applicable state and federal securities laws and
  regulations, including the Securities Act. In addition to any Shares sold hereunder, Selling Securityholders may sell Shares in compliance with Rule 144 under the Securities Act if available. The Selling Securityholders will act independently of us
  in making decisions with respect to the timing, manner, and size of each resale or other transfer. There can be no assurance that the Selling Securityholders will sell any or all of the Shares under this prospectus. Further, we cannot assure you
  that the Selling Securityholders will not transfer, distribute, devise, or gift the Shares by other means not described in this prospectus. The Selling Securityholders may agree to indemnify any broker, dealer or agent that participates in
  transactions involving sales of the shares against certain liabilities in connection with the offering of the Shares arising under the Securities Act. We have notified the Selling Securityholders of the need to deliver a copy of this prospectus in
  connection with any sale of the Shares. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">The anti-manipulation rules of Regulation M under the Exchange Act may apply to sales of our
  Shares and activities of the Selling Securityholders, which may limit the timing of purchases and sales of any of the Shares by the Selling Securityholders and any other participating person. Regulation M may also restrict the ability of any person
  engaged in the distribution of the Shares to engage in passive market-making activities with respect to the Shares. Passive market making involves transactions in which a market maker acts as both our underwriter and as a purchaser of our Shares in
  the secondary market. All the foregoing may affect the marketability of the Shares and the ability of any person or entity to engage in market-making activities with respect to the Shares. </P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Once sold under the registration statement of which this prospectus forms a part, the Shares will be freely tradable in the hands of persons
  other than our affiliates. </P>
   <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">9 </P>
  
  </DIV></Center>
  
  
  <p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
  <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
  
  <Center><DIV STYLE="width:8.5in" align="left">
   <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><A NAME="tx874385_8"></A>LEGAL MATTERS </B></P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">The valid issuance of any securities offered by this prospectus will be passed upon for us by McCarthy T&eacute;trault LLP, Toronto, Ontario,
  Canada. </P> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><A NAME="tx874385_9"></A>EXPERTS </B></P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">The Company&#146;s financial statements for the years ended December&nbsp;31, 2023 and October&nbsp;31, 2022 and for the <FONT
  STYLE="white-space:nowrap">two-month</FONT> period ended December&nbsp;31, 2022, incorporated by reference into this prospectus by reference to the Company&#146;s Annual Report on Form <FONT STYLE="white-space:nowrap">10-K</FONT> for the year ended
  December&nbsp;31, 2023 (as amended by the Form <FONT STYLE="white-space:nowrap">10-K/A</FONT> filed with the SEC on April&nbsp;29, 2024) (the &#147;<B>Annual Report</B>&#148;), and the effectiveness of the Company&#146;s internal control over
  financial reporting as of December&nbsp;31, 2023 and October&nbsp;31, 2022 have been audited by&nbsp;KPMG LLP (&#147;<B>KPMG</B>&#148;), an independent registered public accounting firm, as stated in the Annual Report. Such financial statements are
  incorporated by reference into this prospectus in reliance upon the report of such firm given upon their authority as experts in accounting and auditing. On March&nbsp;28, 2024, KPMG notified the Company that it has decided to decline to stand for <FONT
  STYLE="white-space:nowrap">re-appointment</FONT> as the Company&#146;s independent registered public accounting firm to serve as independent auditor. However, KPMG advised the Company that it would remain the Company&#146;s independent registered
  public accounting firm until completion of its review of the consolidated interim financial statements of the Company and subsidiaries as of and for the three months ended March&nbsp;31, 2024 and, if requested by the Company, as of and for the three
  and six months ended June&nbsp;30, 2024. On August&nbsp;9, 2024, the Company announced that the Audit Committee of the Company&#146;s Board of Directors had selected Marcum Canada LLP as the Company&#146;s new independent registered public
  accounting firm to serve as its independent auditor and that the Board had approved that the appointment of Marcum be put forward for shareholder approval at a reconvened shareholder meeting to be held on October&nbsp;15, 2024. </P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">The audit report covering the December&nbsp;31, 2023 consolidated financial statements contains an explanatory paragraph that states the
  Company&#146;s recurring losses from operations from inception, negative cash flows from operations, resulting negative working capital and the pause on construction raise substantial doubt about the Company&#146;s ability to continue as a going
  concern. The consolidated financial statements do not include any adjustments that might result from the outcome of that uncertainty. </P> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><A NAME="tx874385_10"></A>INCORPORATION OF DOCUMENTS BY REFERENCE </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">The following documents, which the Registrant has previously filed with the SEC, are
  hereby incorporated by reference into this prospectus (excluding any information that is deemed to have been &#147;furnished&#148; and not &#147;filed&#148; with the SEC, including any Item 2.02 or Item 7.01 of any Current Report on Form <FONT
  STYLE="white-space:nowrap">8-K):</FONT> </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="4%">&nbsp;</TD>
  <TD WIDTH="5%" VALIGN="top" ALIGN="left">(a)</TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the Registrant&#146;s <A HREF="http://www.sec.gov/Archives/edgar/data/1828811/000162828024011518/licy-20231231.htm">Annual
   Report</A>; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="4%">&nbsp;</TD>
  <TD WIDTH="5%" VALIGN="top" ALIGN="left">(b)</TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the Registrant&#146;s Quarterly Reports on Form <FONT STYLE="white-space:nowrap">10-Q</FONT> for the quarter
  ended March&nbsp;31, 2024 filed with the SEC on <A HREF="http://www.sec.gov/Archives/edgar/data/1828811/000162828024022455/licy-20240331.htm">May&nbsp;10, 2024</A> and for the quarter ended June&nbsp;
  30, 2024 filed with the SEC on <A HREF="http://www.sec.gov/Archives/edgar/data/1828811/000162828024035849/licy-20240630.htm">August&nbsp;8, 2024</A>; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="4%">&nbsp;</TD>
  <TD WIDTH="5%" VALIGN="top" ALIGN="left">(c)</TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the Registrant&#146;s Current Reports on Form <FONT STYLE="white-space:nowrap">8-K</FONT> filed with the SEC on
  <A HREF="http://www.sec.gov/Archives/edgar/data/1828811/000119312524065459/d764215d8k.htm">March&nbsp;
  12, 2024</A> (other than the portions thereof that are furnished and not filed), <A HREF="http://www.sec.gov/Archives/edgar/data/1828811/000119312524076623/d797686d8k.htm">March&nbsp;25, 2024</A> (other than the portions thereof that are furnished
  and not filed), <A HREF="http://www.sec.gov/Archives/edgar/data/1828811/000119312524077662/d810544d8k.htm">March&nbsp;
  26, 2024</A> (other than the portions thereof that are furnished and not filed), <A HREF="http://www.sec.gov/Archives/edgar/data/1828811/000114036124017276/ny20021886x3_8k.htm">April&nbsp;
  2, 2024</A>, <A HREF="http://www.sec.gov/Archives/edgar/data/../../../ix?doc=/Archives/edgar/data/1828811/000162828024022456/licy-20240510.htm">May&nbsp;
  10, 2024</A> (other than the portions thereof that are furnished and not filed), <A HREF="http://www.sec.gov/Archives/edgar/data/../../../ix?doc=/Archives/edgar/data/1828811/000119312524138800/d826129d8k.htm">May&nbsp;
  15, 2024</A>, and <A HREF="http://www.sec.gov/Archives/edgar/data/../../../ix?doc=/Archives/edgar/data/1828811/000119312524147111/d840956d8k.htm">May&nbsp;24, 2024</A> (other than the portions thereof that are furnished and not filed), both Current
  Reports on <A HREF="http://www.sec.gov/Archives/edgar/data/../../../ix?doc=/Archives/edgar/data/1828811/000119312524153262/d756565d8k.htm">Form <FONT STYLE="white-space:nowrap">8-K</FONT></A> filed on <A HREF="http://www.sec.gov/Archives/edgar/data/../../../ix?doc=/Archives/edgar/data/1828811/000119312524154388/d762935d8k.htm">June&nbsp;4,
   2024</A>, the <A HREF="http://www.sec.gov/Archives/edgar/data/../../../ix?doc=/Archives/edgar/data/1828811/000119312524155150/d763601d8ka.htm">Form <FONT STYLE="white-space:nowrap">8-K/A</FONT></A> filed on June&nbsp;5, 2024, and the Current
  Reports on Form <FONT STYLE="white-space:nowrap">8-K</FONT> filed on <A HREF="http://www.sec.gov/Archives/edgar/data/../../../ix?doc=/Archives/edgar/data/1828811/000119312524172271/d762573d8k.htm">June&nbsp;
  28, 2024</A>, <A HREF="http://www.sec.gov/Archives/edgar/data/../../../ix?doc=/Archives/edgar/data/1828811/000119312524180724/d839463d8k.htm">July&nbsp;
  18, 2024</A> (other than the portions thereof that are furnished and not filed) and <A HREF="http://www.sec.gov/Archives/edgar/data/../../../ix?doc=/Archives/edgar/data/1828811/000119312524197474/d768267d8k.htm">August&nbsp;9, 2024</A>; and
  </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="4%">&nbsp;</TD>
  <TD WIDTH="5%" VALIGN="top" ALIGN="left">(d)</TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the description of the Shares contained in <A HREF="http://www.sec.gov/Archives/edgar/data/1828811/000162828024011518/a42-descriptionofsecuritie.htm">Exhibit
   4.2</A> of the Registrant&#146;s <A HREF="http://www.sec.gov/Archives/edgar/data/1828811/000162828024011518/licy-20231231.htm">Annual Report</A> for the fiscal year ended December&nbsp;31, 2023, filed with the SEC on March&nbsp;15, 2024 (as amended
  by the <A HREF="http://www.sec.gov/Archives/edgar/data/1828811/000162828024019055/licy-20231231.htm">Form <FONT STYLE="white-space:nowrap">10-K/A</FONT></A> filed with the SEC on April&nbsp;29, 2024) together with all amendments and reports filed
  for the purpose of updating that description. </P></TD></TR></TABLE>
   <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">10 </P>
  
  </DIV></Center>
  
  
  <p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
  <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
  
  <Center><DIV STYLE="width:8.5in" align="left">
   <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">All other reports and documents subsequently filed by the Registrant pursuant to Sections
  13(a), 13(c), 14 or 15(d) of the Exchange Act (except for any portions of the Registrant&#146;s Current Reports on Form <FONT STYLE="white-space:nowrap">8-K</FONT> furnished pursuant to Item 2.02 or Item 7.01 thereof and any corresponding exhibits
  thereto not filed with the SEC, and other documents or information deemed furnished but not filed under the rules of the SEC), prior to the filing of a post-effective amendment to this Registration Statement that indicates that all securities
  offered hereby have been sold or which deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference in this prospectus and to be a part hereof from the date of filing of such documents. </P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Any statement contained herein or in a document all or a portion of which is incorporated or deemed to be incorporated by reference herein
  shall be deemed to be modified or superseded for purposes of this prospectus to the extent that a statement contained herein or in any other subsequently filed document that also is or is deemed to be incorporated by reference herein modifies or
  supersedes such statement. Any such statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this prospectus. </P>
   <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">11 </P>
  
  </DIV></Center>
  
  
  <p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
  <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
  
  <Center><DIV STYLE="width:8.5in" align="left">
   <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><A NAME="tx874385_11"></A>WHERE YOU CAN FIND MORE INFORMATION </B></P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">We file annual, quarterly, and current reports, proxy statements, and other documents with the SEC under the Exchange Act. The SEC maintains a
  website that contains reports, proxy and information statements, and other information regarding issuers, including the Company, that file electronically with the SEC. You may obtain copies of this prospectus and its exhibits and the other documents
  that we file with the SEC at www.sec.gov. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">We also make these documents available on the investor relations portion of our website at <FONT
  STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">https://investors.li-cycle.com/financials/sec-filings/default.aspx.</FONT></FONT> Our website and the information contained or connected to our website is not incorporated by reference in
  this prospectus, and you should not consider it part of this prospectus. We will also provide without charge to each person, including any beneficial owner of Shares, to whom a copy of this prospectus is delivered, upon written or oral request of
  any such person, a copy of any and all of the information that has been incorporated by reference in this prospectus but not delivered with the prospectus other than the exhibits to those documents, unless the exhibits are specifically incorporated
  by reference into the information that this prospectus incorporates. Requests for documents should be directed to <FONT STYLE="white-space:nowrap">Li-Cycle</FONT> Holdings Corp. Attention: General Counsel, 207 Queens Quay West, Suite 590, Toronto,
  Ontario, Canada M5J 1A7, (877) <FONT STYLE="white-space:nowrap">542-9253.</FONT> </P>
   <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">12 </P>
  
  </DIV></Center>
  
  
  <p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
  <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
  
  <Center><DIV STYLE="width:8.5in" align="left">
   <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>PART I </B></P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS </B></P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">The information specified in Item 1 and Item 2 of Part I of Form <FONT STYLE="white-space:nowrap">S-8</FONT> is not filed as part of this
  Registration Statement in accordance with the provisions of Rule&nbsp;428&nbsp;under the&nbsp;Securities Act, and the introductory note to Part I of Form <FONT STYLE="white-space:nowrap">S-8.</FONT> The documents containing the information specified
  in Part I of Form <FONT STYLE="white-space:nowrap">S-8</FONT> will be delivered to the participants in the Plan covered by this Registration Statement as specified by Rule 428(b)(1) under the Securities Act. Such documents are not required to be,
  and are not, filed with the SEC, either as part of this Registration Statement or as a prospectus or prospectus supplement pursuant to Rule 424 under the Securities Act. </P>
  <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>PART II </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>INFORMATION
  REQUIRED IN THE REGISTRATION STATEMENT </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Item&#8201;3. Incorporation of Documents by Reference </B></P>
  <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">The following documents, which the Registrant has previously filed with the SEC, are hereby incorporated by reference into this Registration
  Statement (excluding any information that is deemed to have been &#147;furnished&#148; and not &#147;filed&#148; with the SEC, including any Item 2.02 or Item 7.01 of any Current Report on Form <FONT STYLE="white-space:nowrap">8-K):</FONT> </P>
  <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="4%">&nbsp;</TD>
  <TD WIDTH="5%" VALIGN="top" ALIGN="left">(a)</TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the Registrant&#146;s <A HREF="http://www.sec.gov/Archives/edgar/data/1828811/000162828024011518/licy-20231231.htm">Annual
   Report</A>; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="4%">&nbsp;</TD>
  <TD WIDTH="5%" VALIGN="top" ALIGN="left">(b)</TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the Registrant&#146;s Quarterly Reports on Form <FONT STYLE="white-space:nowrap">10-Q</FONT> for the quarter
  ended March&nbsp;31, 2024 filed with the SEC on <A HREF="http://www.sec.gov/Archives/edgar/data/1828811/000162828024022455/licy-20240331.htm">May&nbsp;10, 2024</A> and for the quarter ended June&nbsp;
  30, 2024 filed with the SEC on <A HREF="http://www.sec.gov/Archives/edgar/data/1828811/000162828024035849/licy-20240630.htm">August&nbsp;8, 2024</A>; </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="4%">&nbsp;</TD>
  <TD WIDTH="5%" VALIGN="top" ALIGN="left">(c)</TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the Registrant&#146;s Current Reports on Form <FONT STYLE="white-space:nowrap">8-K</FONT> filed with the SEC on
  <A HREF="http://www.sec.gov/Archives/edgar/data/1828811/000119312524065459/d764215d8k.htm">March&nbsp;
  12, 2024</A> (other than the portions thereof that are furnished and not filed), <A HREF="http://www.sec.gov/Archives/edgar/data/1828811/000119312524076623/d797686d8k.htm">March&nbsp;25, 2024</A> (other than the portions thereof that are furnished
  and not filed), <A HREF="http://www.sec.gov/Archives/edgar/data/1828811/000119312524077662/d810544d8k.htm">March&nbsp;
  26, 2024</A> (other than the portions thereof that are furnished and not filed), <A HREF="http://www.sec.gov/Archives/edgar/data/1828811/000114036124017276/ny20021886x3_8k.htm">April&nbsp;
  2, 2024</A>, <A HREF="http://www.sec.gov/Archives/edgar/data/../../../ix?doc=/Archives/edgar/data/1828811/000162828024022456/licy-20240510.htm">May&nbsp;
  10, 2024</A> (other than the portions thereof that are furnished and not filed), <A HREF="http://www.sec.gov/Archives/edgar/data/../../../ix?doc=/Archives/edgar/data/1828811/000119312524138800/d826129d8k.htm">May&nbsp;
  15, 2024</A>, and <A HREF="http://www.sec.gov/Archives/edgar/data/../../../ix?doc=/Archives/edgar/data/1828811/000119312524147111/d840956d8k.htm">May&nbsp;24, 2024</A> (other than the portions thereof that are furnished and not filed), both Current
  Reports on <A HREF="http://www.sec.gov/Archives/edgar/data/../../../ix?doc=/Archives/edgar/data/1828811/000119312524153262/d756565d8k.htm">Form <FONT STYLE="white-space:nowrap">8-K</FONT></A> filed on <A HREF="http://www.sec.gov/Archives/edgar/data/../../../ix?doc=/Archives/edgar/data/1828811/000119312524154388/d762935d8k.htm">June&nbsp;4,
   2024</A>, the <A HREF="http://www.sec.gov/Archives/edgar/data/../../../ix?doc=/Archives/edgar/data/1828811/000119312524155150/d763601d8ka.htm">Form <FONT STYLE="white-space:nowrap">8-K/A</FONT></A> filed on June&nbsp;5, 2024, and the Current
  Reports on Form <FONT STYLE="white-space:nowrap">8-K</FONT> filed on <A HREF="http://www.sec.gov/Archives/edgar/data/../../../ix?doc=/Archives/edgar/data/1828811/000119312524172271/d762573d8k.htm">June&nbsp;
  28, 2024</A>, <A HREF="http://www.sec.gov/Archives/edgar/data/../../../ix?doc=/Archives/edgar/data/1828811/000119312524180724/d839463d8k.htm">July&nbsp;
  18, 2024</A> (other than the portions thereof that are furnished and not filed) and <A HREF="http://www.sec.gov/Archives/edgar/data/../../../ix?doc=/Archives/edgar/data/1828811/000119312524197474/d768267d8k.htm">August&nbsp;9, 2024</A>; and
  </P></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="4%">&nbsp;</TD>
  <TD WIDTH="5%" VALIGN="top" ALIGN="left">(d)</TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">the description of the Shares contained in <A HREF="http://www.sec.gov/Archives/edgar/data/1828811/000162828024011518/a42-descriptionofsecuritie.htm">Exhibit
   4.2</A> of the Registrant&#146;s Annual Report together with all amendments and reports filed for the purpose of updating that description. </P></TD></TR></TABLE>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">All other reports and documents subsequently filed by the Registrant pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act
  (except for any portions of the Registrant&#146;s Current Reports on Form <FONT STYLE="white-space:nowrap">8-K</FONT> furnished pursuant to Item 2.02 or Item 7.01 thereof and any corresponding exhibits thereto not filed with the SEC, and other
  documents or information deemed furnished but not filed under the rules of the SEC), prior to the filing of a post-effective amendment to this Registration Statement that indicates that all securities offered hereby have been sold or which
  deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference in this Registration Statement and to be a part hereof from the date of filing of such documents. </P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Any statement contained herein or in a document all or a portion of which is incorporated or deemed to be incorporated by reference herein
  shall be deemed to be modified or superseded for purposes of this Registration Statement to the extent that a statement contained herein or in any other subsequently filed document that also is or is deemed to be incorporated by reference herein
  modifies or supersedes such statement. Any such statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this Registration Statement. </P>
  <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Item&#8201;4. Description of Securities </B></P>
  <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Not required to be filed with this Registration Statement in accordance with Section E of the General Instructions to Form <FONT
  STYLE="white-space:nowrap">S-8.</FONT> </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Item&#8201;5. Interests of Named Experts and Counsel </B></P>
  <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Not required to be filed with this Registration Statement in accordance with Section E of the General Instructions to Form <FONT
  STYLE="white-space:nowrap">S-8.</FONT> </P>
   <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">13 </P>
  
  </DIV></Center>
  
  
  <p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
  <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
  
  <Center><DIV STYLE="width:8.5in" align="left">
   <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Item&#8201;6. Indemnification of Directors and Officers </B></P>
  <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Under the&nbsp;OBCA, no provision in a contract, the articles, <FONT STYLE="white-space:nowrap">the&nbsp;by-laws&nbsp;or</FONT> a resolution
  relieves a director or officer from the duty to act in accordance with the OBCA and its related regulations or relieves him or her from liability for a breach of the OBCA or its regulations. </P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">A director is not liable under the OBCA for certain acts if the director exercised the care, diligence and skill that a reasonably prudent
  person would have exercised in comparable circumstances, including reliance, in good faith, on: (i)&nbsp;financial statements of the corporation represented to the director by an officer of the corporation or in a written report of the auditor of
  the corporation to fairly reflect the financial position of the corporation in accordance with generally accepted accounting principles; (ii)&nbsp;an interim or other report of the corporation represented to the director by an officer of the
  corporation to fairly reflect the financial position of the corporation in accordance with generally accepted accounting principles; (iii)&nbsp;a report or advice of an officer or employee of the corporation, where it is reasonable in the
  circumstances to rely on the report of advice; or (iv)&nbsp;a report of a lawyer, accountant, engineer, appraiser or other person whose profession lends credibility to a statement made by that person. </P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Under the OBCA, we may indemnify its current or former directors or officers or another individual who acts or acted at our request as a
  director or officer, or an individual acting in a similar capacity, of another entity, against all costs, charges and expenses, including an amount paid to settle an action or satisfy a judgment, reasonably incurred by the individual in respect of
  any civil, criminal, administrative, investigative or other proceeding in which the individual is involved because of his or her association with the Company or another entity. </P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">The OBCA also provides that we may advance monies to a director, officer or other individual for costs, charges and expenses reasonably
  incurred in connection with such a proceeding; provided that such individual must repay the monies if the individual does not fulfill the conditions described below. </P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">However, indemnification is prohibited under the OBCA unless the individual: (i)&nbsp;acted honestly and in good faith with a view to our best
  interests, or the best interests of the other entity for which the individual acted as director or officer or in a similar capacity at our request; and (ii)&nbsp;in the case of a criminal or administrative action or proceeding that is enforced by a
  monetary penalty, the individual had reasonable grounds for believing that his or her conduct was lawful. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">Under <FONT
  STYLE="white-space:nowrap">our&nbsp;by-laws,&nbsp;we</FONT> will indemnify to the fullest extent permitted by the OBCA (i)&nbsp;any director or officer of the Company; (ii)&nbsp;any former director or officer of the Company; (iii)&nbsp;any
  individual who acts or acted at our request as a director or officer, or in a similar capacity, of another entity; and (iv)&nbsp;their respective heirs and legal representatives. </P>
  <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Item&#8201;7. Exemption from Registration Claimed </B></P>
  <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">The issuance of the Shares&nbsp;being offered by the <FONT STYLE="white-space:nowrap">Form&nbsp;S-3&nbsp;resale</FONT> prospectus were deemed
  to be exempt from registration under the&nbsp;Securities Act&nbsp;in reliance upon Section&nbsp;4(a)(2) of the&nbsp;Securities Act as transactions by an issuer not involving any public offering. The recipients of the securities in each of these
  transactions represented their intentions to acquire the securities for investment only and not with a view to or for sale in connection with any distribution thereof, and appropriate legends were placed upon the stock certificates issued in these
  transactions. All recipients had adequate access, through their relationships with us, to information about the Registrant. </P>
   <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">14 </P>
  
  </DIV></Center>
  
  
  <p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
  <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
  
  <Center><DIV STYLE="width:8.5in" align="left">
   <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Item&#8201;8. Exhibits </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" ALIGN="center">
  
  
  <TR>
  
  <TD></TD>
  
  <TD VALIGN="bottom" WIDTH="7%"></TD>
  <TD WIDTH="90%"></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
  <TD VALIGN="bottom" ALIGN="center"><B>Exhibit&nbsp;No.</B></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom" ALIGN="center"><B>Description</B></TD></TR>
  
  
  <TR STYLE="font-size:1pt">
  <TD HEIGHT="8"></TD>
  <TD HEIGHT="8" COLSPAN="2"></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top" NOWRAP>4.1</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="top"><A HREF="http://www.sec.gov/Archives/edgar/data/1828811/000162828024035849/a31-20240718certificateo.htm">Certificate of Restated Articles of Incorporation of the Company dated July&nbsp;
  18, 2024 (incorporated by reference to Exhibit 3.1 to the Company&#146;s Quarterly Report on Form <FONT STYLE="white-space:nowrap">10-Q</FONT> (File <FONT STYLE="white-space:nowrap">No.&nbsp;001-40733)</FONT> filed with the SEC on August&nbsp;
  8, 2024) </A></TD></TR>
  <TR STYLE="font-size:1pt">
  <TD HEIGHT="8"></TD>
  <TD HEIGHT="8" COLSPAN="2"></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top" NOWRAP>4.2</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="top"><A HREF="http://www.sec.gov/Archives/edgar/data/1828811/000119312521248001/d127176dex12.htm">Amended and Restated Articles and <FONT STYLE="white-space:nowrap">By-laws</FONT> of <FONT STYLE="white-space:nowrap">Li-Cycle</FONT> Holdings
   Corp. (incorporated by reference to Exhibit 1.2 to the Company&#146;s shell company report on Form <FONT STYLE="white-space:nowrap">20-F</FONT> (File <FONT STYLE="white-space:nowrap">No.&nbsp;001-40733)</FONT> filed with the SEC on August&nbsp;16,
  2021) </A></TD></TR>
  <TR STYLE="font-size:1pt">
  <TD HEIGHT="8"></TD>
  <TD HEIGHT="8" COLSPAN="2"></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top" NOWRAP>4.3</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="top"><A HREF="http://www.sec.gov/Archives/edgar/data/1828811/000119312521160481/d317379dex41.htm">Specimen Common Share Certificate of the Company (incorporated by reference to Exhibit 4.1 to the Company&#146;s Registration Statement on Form
   <FONT STYLE="white-space:nowrap">F-4</FONT> (File <FONT STYLE="white-space:nowrap">No.&nbsp;333-254843)</FONT> filed with the SEC on July&nbsp;6, 2021) </A></TD></TR>
  <TR STYLE="font-size:1pt">
  <TD HEIGHT="8"></TD>
  <TD HEIGHT="8" COLSPAN="2"></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top" NOWRAP>5.1*</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="top"><A HREF="d874385dex51.htm">Opinion of McCarthy T&eacute;trault, LLP, counsel to the Registrant, regarding the valid issuance of the securities being offered hereby (including consent) </A></TD></TR>
  <TR STYLE="font-size:1pt">
  <TD HEIGHT="8"></TD>
  <TD HEIGHT="8" COLSPAN="2"></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top" NOWRAP>23.1*</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="top"><A HREF="d874385dex231.htm">Consent of KPMG LLP</A></TD></TR>
  <TR STYLE="font-size:1pt">
  <TD HEIGHT="8"></TD>
  <TD HEIGHT="8" COLSPAN="2"></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top" NOWRAP>23.2*</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="top"><A HREF="d874385dex51.htm">Consent of McCarthy T&eacute;trault LLP (included in Exhibit 5.1) </A></TD></TR>
  <TR STYLE="font-size:1pt">
  <TD HEIGHT="8"></TD>
  <TD HEIGHT="8" COLSPAN="2"></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top" NOWRAP>24.1*</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="top"><A HREF="#sig">Power of Attorney (included as part of the signature pages to this Registration Statement) </A></TD></TR>
  <TR STYLE="font-size:1pt">
  <TD HEIGHT="8"></TD>
  <TD HEIGHT="8" COLSPAN="2"></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top" NOWRAP>99.1</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="top"><A HREF="http://www.sec.gov/Archives/edgar/data/1828811/000119312521248001/d127176dex45.htm"><FONT STYLE="white-space:nowrap">Li-Cycle</FONT> Holdings Corp. 2021 Incentive Award Plan (incorporated by reference to Exhibit 4.5 to the Company&#146;s
   shell company report on Form <FONT STYLE="white-space:nowrap">20-F</FONT> (File <FONT STYLE="white-space:nowrap">No.&nbsp;001-40733)</FONT> filed with the SEC on August&nbsp;16, 2021) </A></TD></TR>
  <TR STYLE="font-size:1pt">
  <TD HEIGHT="8"></TD>
  <TD HEIGHT="8" COLSPAN="2"></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top" NOWRAP>99.2</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="top"><A HREF="http://www.sec.gov/Archives/edgar/data/1828811/000119312521352733/d211201dex994.htm"><FONT STYLE="white-space:nowrap">Li-Cycle</FONT> Holdings Corp. 2021 Incentive Award Plan <FONT STYLE="white-space:nowrap">Sub-Plan</FONT> for
  Canadian Participants (incorporated by reference to Exhibit 99.4 to the Company&#146;s Registration Statement on Form <FONT STYLE="white-space:nowrap">S-8</FONT> (File <FONT STYLE="white-space:nowrap">No.&nbsp;333-261568)</FONT> filed with the SEC
  on December&nbsp;9, 2021) </A></TD></TR>
  <TR STYLE="font-size:1pt">
  <TD HEIGHT="8"></TD>
  <TD HEIGHT="8" COLSPAN="2"></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top" NOWRAP>99.3</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="top"><A HREF="http://www.sec.gov/Archives/edgar/data/1828811/000162828023002323/a49-formofoptiongrantnotic.htm">Form of Option Grant Notice and Agreement under the <FONT STYLE="white-space:nowrap">Li-Cycle</FONT> Holdings Corp. 2021 Incentive
   Award Plan (incorporated by reference to Exhibit 4.9 to the Company&#146;s Annual Report on Form <FONT STYLE="white-space:nowrap">20-F</FONT> (File <FONT STYLE="white-space:nowrap">No.&nbsp;001-40733)</FONT> filed with the SEC on February&nbsp;6,
  2023) </A></TD></TR>
  <TR STYLE="font-size:1pt">
  <TD HEIGHT="8"></TD>
  <TD HEIGHT="8" COLSPAN="2"></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top" NOWRAP>99.4</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="top"><A HREF="http://www.sec.gov/Archives/edgar/data/1828811/000162828023002323/a410-formofrsuawardgrantno.htm">Form of RSU Award Grant Notice and Agreement under the <FONT STYLE="white-space:nowrap">Li-Cycle</FONT> Holdings Corp. 2021 Incentive
   Award Plan (incorporated by reference to Exhibit 4.10 to the Company&#146;s Annual Report on Form <FONT STYLE="white-space:nowrap">20-F</FONT> (File <FONT STYLE="white-space:nowrap">No.&nbsp;001-40733)</FONT> filed with the SEC on February&nbsp;6,
  2023) </A></TD></TR>
  <TR STYLE="font-size:1pt">
  <TD HEIGHT="8"></TD>
  <TD HEIGHT="8" COLSPAN="2"></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top" NOWRAP>107*</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="top"><A HREF="d874385dexfilingfees.htm">Filing Fee Table </A></TD></TR>
  </TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
  <TR style = "page-break-inside:avoid">
  <TD WIDTH="4%" VALIGN="top" ALIGN="left">*</TD>
  <TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Filed herewith </P></TD></TR></TABLE>
  <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Item&#8201;9. Undertakings </B></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">A. The
  undersigned Registrant hereby undertakes: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(1) To file, during any period in which offers or sales are being made, a post-effective
  amendment to this Registration Statement: </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:13%; font-size:10pt; font-family:Times New Roman">(i) To include any prospectus required by Section&nbsp;10(a)(3) of the Securities Act; </P>
  <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:13%; font-size:10pt; font-family:Times New Roman">(ii) To reflect in the prospectus any facts or events arising after the effective date of the Registration Statement (or the most recent
  post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the Registration Statement. Notwithstanding the foregoing, any increase or decrease in volume of securities
  offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the SEC
  pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than a 20&nbsp;percent change in the maximum aggregate offering price set forth in the &#147;Calculation of Registration Fee&#148; table in the effective
  Registration Statement; and </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:13%; font-size:10pt; font-family:Times New Roman">(iii) To include any material information with respect to the plan of distribution not previously disclosed
  in the Registration Statement or any material change to such information in the Registration Statement. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman"><I>Provided</I>, <I>however</I>,
  that paragraphs (A)(1)(i) and (A)(1)(ii) do not apply if the information required to be included in a post-effective amendment by those paragraphs is contained in periodic reports filed with or furnished to the SEC by the Registrant pursuant to
  Section&nbsp;13 or Section&nbsp;15(d) of the Exchange Act that are incorporated by reference in this Registration Statement.<I>&nbsp;</I> </P>
   <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">15 </P>
  
  </DIV></Center>
  
  
  <p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
  <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
  
  <Center><DIV STYLE="width:8.5in" align="left">
   <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(2) That, for the purpose of determining any liability under the Securities Act, each such
  post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof. </P>
  <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">(3) To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the
  termination of the offering. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">B. The undersigned Registrant hereby undertakes that, for purposes of determining any liability under the
  Securities Act, each filing of the Registrant&#146;s annual report pursuant to Section&nbsp;13(a) or Section&nbsp;15(d) of the Exchange Act (and, where applicable, each filing of an employee benefit plan&#146;s annual report pursuant to
  Section&nbsp;15(d) of the Exchange Act) that is incorporated by reference in the Registration Statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time
  shall be deemed to be the initial bona fide offering thereof. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; text-indent:9%; font-size:10pt; font-family:Times New Roman">C. Insofar as indemnification for liabilities arising under the Securities
  Act may be permitted to directors, officers and controlling persons of the Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the SEC such indemnification is against public policy as
  expressed in the Securities Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a director, officer or controlling
  person of the Registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its
  counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final
  adjudication of such issue. </P>
   <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">16 </P>
  
  </DIV></Center>
  
  
  <p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
  <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
  
  <Center><DIV STYLE="width:8.5in" align="left">
   <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><A NAME="sig"></A>SIGNATURES </B></P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it has reasonable grounds to believe that it meets
  all of the requirements for filing on Form <FONT STYLE="white-space:nowrap">S-8</FONT> and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the city of Toronto, Ontario, Canada
  on the 19<SUP STYLE="font-size:75%; vertical-align:top">th</SUP> day of August, 2024. </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV ALIGN="right">
  <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">
  
  
  <TR>
  
  <TD WIDTH="7%"></TD>
  
  <TD VALIGN="bottom" WIDTH="1%"></TD>
  <TD WIDTH="92%"></TD></TR>
  
  
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top" COLSPAN="3"><FONT STYLE="white-space:nowrap">LI-CYCLE</FONT> HOLDINGS CORP.</TD></TR>
  <TR STYLE="font-size:1pt">
  <TD HEIGHT="16"></TD>
  <TD HEIGHT="16" COLSPAN="2"></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top">By:</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Ajay Kochhar</P></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"></TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="top">Name: Ajay Kochhar</TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"></TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="top">Title: President&nbsp;&amp; CEO and Executive Director</TD></TR>
  </TABLE></DIV> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>POWER OF ATTORNEY </B></P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below hereby constitutes and appoints each of Ajay Kochhar, Craig
  Cunningham and Carl DeLuca as his or her true and lawful <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">attorney-in-fact</FONT></FONT> and agent, with full power of substitution and
  <FONT STYLE="white-space:nowrap">re-substitution,</FONT> for him or her and in his or her name, place, and stead, in any and all capacities, to sign any and all amendments to the Registration Statement, including post-effective amendments, and
  registration statements filed pursuant to Rule 462 under the Securities Act, and to file the same, with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said <FONT
  STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">attorney-in-fact</FONT></FONT> and agent full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, as fully to
  all intents and purposes as he or she might or could do in person, hereby ratifying and confirming that said <FONT STYLE="white-space:nowrap"><FONT STYLE="white-space:nowrap">attorney-in-fact</FONT></FONT> and agent, or his or her substitute or
  substitutes, may lawfully do or cause to be done by virtue hereof. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Pursuant to the requirements of the Securities Act of 1933, this
  Registration Statement has been signed below by the following persons in the capacities and on the dates indicated: </P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
  <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">
  
  
  <TR>
  
  <TD WIDTH="38%"></TD>
  
  <TD VALIGN="bottom"></TD>
  <TD WIDTH="44%"></TD>
  
  <TD VALIGN="bottom" WIDTH="1%"></TD>
  <TD WIDTH="16%"></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:8pt">
  <TD VALIGN="bottom" NOWRAP ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Signature</B></P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Title</B></P></TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1.00pt solid #000000"> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Date</B></P></TD></TR>
  
  
  <TR STYLE="font-size:1pt">
  <TD HEIGHT="16"></TD>
  <TD HEIGHT="16" COLSPAN="2"></TD>
  <TD HEIGHT="16" COLSPAN="2"></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Ajay Kochhar</P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="top">President&nbsp;&amp; Chief Executive Officer and Executive Director</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="top" ALIGN="center">August&nbsp;19, 2024</TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top" ALIGN="center">Ajay Kochhar</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="top">(Principal Executive Officer)</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="top"></TD></TR>
  <TR STYLE="font-size:1pt">
  <TD HEIGHT="16"></TD>
  <TD HEIGHT="16" COLSPAN="2"></TD>
  <TD HEIGHT="16" COLSPAN="2"></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Craig Cunningham</P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="top">Chief Financial Officer</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="top" ALIGN="center">August&nbsp;19, 2024</TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top" ALIGN="center">Craig Cunningham</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="top">(Principal Financial Officer and Principal Accounting Officer)</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="top"></TD></TR>
  <TR STYLE="font-size:1pt">
  <TD HEIGHT="16"></TD>
  <TD HEIGHT="16" COLSPAN="2"></TD>
  <TD HEIGHT="16" COLSPAN="2"></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Mark Wellings</P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="top">Director</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="top" ALIGN="center">August&nbsp;19, 2024</TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top" ALIGN="center">Mark Wellings</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="top"></TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="top"></TD></TR>
  <TR STYLE="font-size:1pt">
  <TD HEIGHT="16"></TD>
  <TD HEIGHT="16" COLSPAN="2"></TD>
  <TD HEIGHT="16" COLSPAN="2"></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Jacqueline Dedo</P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="top">Director</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="top" ALIGN="center">August&nbsp;19, 2024</TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top" ALIGN="center">Jacqueline Dedo</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="top"></TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="top"></TD></TR>
  <TR STYLE="font-size:1pt">
  <TD HEIGHT="16"></TD>
  <TD HEIGHT="16" COLSPAN="2"></TD>
  <TD HEIGHT="16" COLSPAN="2"></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Scott Prochazka</P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="top">Director</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="top" ALIGN="center">August&nbsp;19, 2024</TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top" ALIGN="center">Scott Prochazka</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="top"></TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="top"></TD></TR>
  <TR STYLE="font-size:1pt">
  <TD HEIGHT="16"></TD>
  <TD HEIGHT="16" COLSPAN="2"></TD>
  <TD HEIGHT="16" COLSPAN="2"></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Anthony Tse</P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="top">Director</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="top" ALIGN="center">August&nbsp;19, 2024</TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top" ALIGN="center">Anthony Tse</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="top"></TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="top"></TD></TR></TABLE>
   <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">17 </P>
  
  </DIV></Center>
  
  
  <p style="margin-top:1em; margin-bottom:0em; page-break-before:always"> </p>
  <HR SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
  
  <Center><DIV STYLE="width:8.5in" align="left">
  
  <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">
  
  
  <TR>
  
  <TD WIDTH="38%"></TD>
  
  <TD VALIGN="bottom"></TD>
  <TD WIDTH="44%"></TD>
  
  <TD VALIGN="bottom" WIDTH="1%"></TD>
  <TD WIDTH="16%"></TD></TR>
  
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Susan Alban</P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="top">Director</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="top" ALIGN="center">August&nbsp;19, 2024</TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top" ALIGN="center">Susan Alban</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="top"></TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="top"></TD></TR>
  <TR STYLE="font-size:1pt">
  <TD HEIGHT="16"></TD>
  <TD HEIGHT="16" COLSPAN="2"></TD>
  <TD HEIGHT="16" COLSPAN="2"></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Diane Pearse</P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="top">Director</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="top" ALIGN="center">August&nbsp;19, 2024</TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top" ALIGN="center">Diane Pearse</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="top"></TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="top"></TD></TR>
  <TR STYLE="font-size:1pt">
  <TD HEIGHT="16"></TD>
  <TD HEIGHT="16" COLSPAN="2"></TD>
  <TD HEIGHT="16" COLSPAN="2"></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Kunal Sinha</P></TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="top">Director</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="top" ALIGN="center">August&nbsp;19, 2024</TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top" ALIGN="center">Kunal Sinha</TD>
  <TD VALIGN="bottom">&nbsp;&nbsp;</TD>
  <TD VALIGN="top"></TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="top"></TD></TR>
  </TABLE> <P STYLE="margin-top:24pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>AUTHORIZED REPRESENTATIVE </B></P>
  <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed by the undersigned as the duly undersigned
  representative in the United States of <FONT STYLE="white-space:nowrap">Li-Cycle</FONT> Holdings Corp., in the City of Newark, State of Delaware on August&nbsp;19, 2024. </P>
  <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV ALIGN="right">
  <TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">
  
  
  <TR>
  
  <TD WIDTH="7%"></TD>
  
  <TD VALIGN="bottom" WIDTH="1%"></TD>
  <TD WIDTH="92%"></TD></TR>
  
  
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top" COLSPAN="3">PUGLISI&nbsp;&amp; ASSOCIATES.</TD></TR>
  <TR STYLE="font-size:1pt">
  <TD HEIGHT="16"></TD>
  <TD HEIGHT="16" COLSPAN="2"></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top">By:</TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman">/s/ Donald J. Puglisi</P></TD></TR>
  <TR STYLE="page-break-inside:avoid ; font-family:Times New Roman; font-size:10pt">
  <TD VALIGN="top"></TD>
  <TD VALIGN="bottom">&nbsp;</TD>
  <TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Name: Donald Puglisi</P> <P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman">Title: Managing
  Director</P></TD></TR>
  </TABLE></DIV>
   <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">18 </P>
  
  </DIV></Center>
  
  </BODY></HTML>
metadata_documents: [{"type": "S-8", "sequence": "1", "filename": "d874385ds8.htm", "description": "S-8", "secsgml_size_bytes": 176674}]
metadata_filer: {"company-data": {"conformed-name": "Li-Cycle Holdings Corp.", "cik": "0001828811", "assigned-sic": "4955", "organization-name": "01 Energy & Transportation", "irs-number": "000000000", "state-of-incorporation": "A6", "fiscal-year-end": "1031"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-281630", "film-number": "241218248"}, "business-address": {"street1": "C/O LI-CYCLE CORP.", "street2": "10-2351 ROYAL WINDSOR DRIVE", "city": "MISSISSAUGA", "state": "A6", "zip": "L5J 4S7", "phone": "4165833509"}, "mail-address": {"street1": "C/O LI-CYCLE CORP.", "street2": "10-2351 ROYAL WINDSOR DRIVE", "city": "MISSISSAUGA", "state": "A6", "zip": "L5J 4S7"}}
text: S-8
  As filed with the Securities and Exchange Commission on August 19, 2024
  Registration No. 333-
  UNITED STATES
  SECURITIES
  AND EXCHANGE COMMISSION
  WASHINGTON, D.C. 20549
  FORM
  S-8
  REGISTRATION STATEMENT
  UNDER
  THE
  SECURITIES ACT OF 1933
  LI-CYCLE
  HOLDINGS CORP.
  (Exact name of registrant as specified in its charter)
  Province of Ontario, Canada
  Not Applicable
  (State or other jurisdiction of
  incorporation or organization)
  (I.R.S. Employer
  Identification No.  )
  207 Queens Quay West, Suite 590,
  Toronto, Ontario, M5J, IA7, Canada
  N/A
  (Address of Principal Executive Offices)
  (Zip Code)
  Li-Cycle
  Holdings Corp. 2021 Incentive Award Plan
  (Full title of plan)
  Ajay Kochhar
  207 Queens
  Quay West, Suite 590
  Toronto, ON M5J 1A7
  (877)
  542-9253
  (Name, address and telephone number, including area code, of agent for service)
  Copies to:
  Jonathan Grant
  Fraser Bourne
  McCarthy
  Tétrault LLP
  66 Wellington Street West
  Suite 5300, TD Bank Tower Box 48
  Toronto, ON M5K 1E6
  (416) 362-1812
  Paul M. Tiger, Esq.
  Andrea M. Basham, Esq.
  Freshfields Bruckhaus Deringer US LLP
  3 World Trade Center
  175
  Greenwich Street
  New York, NY 10007
  (212)
  277-4000
  Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a
  non-accelerated
  filer, a smaller reporting company or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company" and "emerging growth company" in Rule
  12b-2
  of the Exchange Act.
  Large accelerated filer
  ☒
  Accelerated filer
  ☐
  Non-accelerated filer
  ☐
  Smaller reporting company
  ☐
  Emerging growth company
  ☐
  If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period
  for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. ☐
  EXPLANATORY NOTE
  This registration statement on
  Form S-8 (the
  "
  Registration Statement
  ")
  contains two parts, Part I and Part II. The first part contains a "reoffer prospectus" (the "
  Reoffer Prospectus
  ") prepared in accordance with Part I of Form
  S-3
  (in accordance with
  Instruction C of the General Instructions of Form
  S-8).
  This Reoffer Prospectus may be used for reoffers and resales on a continuous or delayed basis of up to 1,520,082 common shares (the
  "
  Shares
  ") of
  Li-Cycle
  Holdings Corp. (the "
  Company
  ," "
  us
  ," "
  we
  ," or the "
  Registrant
  ") under the
  Li-Cycle
  Holdings Corp. 2021 Incentive Award Plan (the "
  Plan
  ") that may be deemed to be "restricted securities" within the meaning of the Securities Act of 1933, as amended (the
  "
  Securities Act
  ") and the rules and regulations promulgated thereunder, by certain stockholders that are our current and former employees (including officers), consultants, and advisors (the "
  Selling
  Securityholders
  ") for their own accounts. As specified in General Instruction C of
  Form S-8, the
  amount of securities to be reoffered or resold under the Reoffer Prospectus by each Selling
  Securityholder and any other person with whom he or she is acting in concert for the purpose of selling the Registrant's securities, may not exceed, during any three-month period, the amount specified in Rule 144(e) under the Securities Act.
  The second part contains information required to be set forth in the Registration Statement pursuant to General Instruction E of Form
  S-8.
  The Registration Statement is also being filed in order to register an additional 1,613,111 Shares under the Plan, pursuant to the evergreen provision included therein as well as 100,628 Shares issuable
  upon the exercise of outstanding options governed by the Plan. These securities relate to the Plan and are of the same class as those securities registered on the Registrant's registration statement on
  Form S-8
  previously filed with the Securities and Exchange Commission (the "
  SEC
  ") on December 9, 2021 (Registration No.
  333-261568),
  which is hereby incorporated by reference, except to the extent supplemented, amended or superseded by information set forth in this Registration Statement.
  REOFFER PROSPECTUS
  Li-Cycle
  Holdings Corp.
  1,520,082 Common Shares
  This prospectus
  relates to 1,520,082 common shares (the "
  Shares
  ") of
  Li-Cycle
  Holdings Corp. (the "
  Company
  ," "
  us
  ," "
  we
  ," or the
  "
  Registrant
  ") under the
  Li-Cycle
  Holdings Corp. 2021 Incentive Award Plan (the "
  Plan
  "), which may be offered and sold from time to time by certain shareholders who are our
  current or former employees (including officers), consultants and advisors (the "
  Selling Securityholders
  "), for their own accounts. The Shares will be or were acquired by the Selling Securityholders under the Plan.
  Our Shares are listed on the New York Stock Exchange ("
  NYSE
  ") under the symbol "LICY." On August 13, 2024, the
  closing price of the Shares on NYSE was $2.59 per share.
  The Shares may be offered from time to time by any or all of the Selling
  Securityholders through a number of different ways and at varying prices, including sales in the open market, sales in negotiated transactions and sales by a combination of these methods. The Selling Securityholders may sell any, all or none of the
  Shares and we do not know when or in what amount the Selling Securityholders may sell their Shares, if they were to sell any, following the effective date of this registration statement. The price at which any of the Shares may be sold, and the
  commissions, if any, paid in connection with any such sale, are unknown and may vary from transaction to transaction. See "
  Plan of Distribution
  ." Sales may be made through brokers or to dealers, who are expected to receive customary
  commissions or discounts. We are paying all expenses of registration incurred in connection with this offering but the Selling Securityholders will pay all brokerage commissions and other selling expenses. We will not receive any of the proceeds
  from sales of the Shares by any of the Selling Securityholders.
  The Selling Securityholders and participating brokers and dealers may be
  deemed to be "underwriters" within the meaning of the Securities Act, in which event any profit on the sale of Shares of those Selling Securityholders and any commissions or discounts received by those brokers or dealers may be deemed to
  be underwriting compensation under the Securities Act. If underwriters or dealers are used to sell the Shares, we will name them and describe their compensation in a prospectus supplement.
  As specified in General Instruction C of
  Form S-8, the
  amount of securities to be reoffered
  or resold under the prospectus by each Selling Securityholder and any other person with whom he or she is acting in concert for the purpose of selling the Registrant's securities, may not exceed, during any three-month period, the amount
  specified in Rule 144(e) under the Securities Act.
  INVESTING IN
  OUR SHARES INVOLVES RISKS. SEE "
  RISK FACTORS
  " BEGINNING ON PAGE 3 OF THIS PROSPECTUS FOR A DISCUSSION OF CERTAIN RISKS AND OTHER FACTORS THAT YOU SHOULD CONSIDER BEFORE PURCHASING OUR SHARES.
  Neither the Securities and Exchange Commission (the "SEC") nor any state securities commission has approved or
  disapproved of these securities or determined if this prospectus is truthful or complete. Any representation to the contrary is a criminal offense.
  The date of
  this prospectus is August 19, 2024.
  TABLE OF CONTENTS
  Page
  Cautionary Statement Regarding Forward-Looking Statements
  ii
  Prospectus Summary
  1
  Risk Factors
  3
  Determination of Offering Price
  4
  Use of Proceeds
  5
  Selling Securityholders
  6
  Plan of Distribution
  9
  Legal Matters
  10
  Experts
  10
  Incorporation of Documents by Reference
  10
  Where You Can Find More Information
  12
  We are responsible for the information contained or incorporated by reference in this prospectus and any
  accompanying prospectus supplement that we prepare or authorize. Neither we nor any Selling Securityholder has authorized anyone to give you any other information, and neither we nor any Selling Securityholder take responsibility for any other
  information that others may give you. This prospectus is an offer to sell only the Shares offered hereby, and only under circumstances and in jurisdictions where it is lawful to do so. You should not assume that the information contained in this
  prospectus or any accompanying prospectus supplement prepared by us is accurate on any date subsequent to the date set forth on the front of the applicable document or that any information we have incorporated by reference is correct on any date
  subsequent to the date of the document incorporated by reference, even though this prospectus and any accompanying prospectus supplement is delivered or Shares are sold on a later date. Our business, financial condition, results of operations, and
  prospects may have changed materially since those dates.
  Except where the context requires otherwise, in this prospectus,
  "
  we
  ," "
  us
  ," "
  our
  ," "
  Li-Cycle
  " or the "
  Company
  " refer to
  Li-Cycle
  Holdings Corp., an
  Ontario corporation, and its consolidated subsidiaries.
  i
  CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
  Certain statements contained in this prospectus and the documents incorporated by reference herein may be considered
  "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act, Section 21 of the U.S. Securities Exchange Act of 1934, as amended (the
  "
  Exchange Act
  "), and applicable Canadian securities laws.
  Forward-looking statements may generally be identified by the
  use of words such as "believe", "may", "will", "continue", "anticipate", "intend", "expect", "should", "would", "could", "plan",
  "potential", "future", "target" or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters, although not all forward-looking statements contain such
  identifying words. Forward-looking statements in this prospectus include but are not limited to statements about: the expectation that
  Li-Cycle
  will recover critical battery materials to create a domestic
  closed-loop battery supply chain for a clean energy future; the expectation that the steps taken under the cash preservation plan will result in cash savings;
  Li-Cycle's
  expectations regarding cash
  outflows;
  Li-Cycle's
  expectations regarding the DOE Loan;
  Li-Cycle's
  expectations that it will require significant funding before restarting the Rochester Hub
  project or that it will be able to restart the Rochester Hub project and the cost to complete;
  Li-Cycle's
  expectations that it will be stopping or slowing operations at its remaining operating Spokes and
  re-evaluating
  its strategy for bringing on additional Spoke and Hub capacity in the near-term;
  Li-Cycle's
  expectation to recognize revenue from the sale of critical
  battery materials;
  Li-Cycle's
  expectation regarding other capital expenditures;
  Li-Cycle's
  expectation that it will need to secure an alternative short or
  long-term financing in the near term or else it will not have sufficient cash and cash equivalents on hand or other resources to support current operations for the twelve months following the filing of this prospectus; expectations related to
  potential financing and other strategic alternatives; expectations related to the outcome of future litigation, including the disclosure of certain mechanic's liens against the Company and the amount owed; expectations regarding the ability to
  attract new suppliers; expectations regarding annual growth rate of the number of EVs and hybrids; expectations regarding the price and supply of nickel and cobalt; and expectations regarding expected growth in the amount of LIB materials available
  for recycling. These statements are based on various assumptions, whether or not identified in this prospectus, made by
  Li-Cycle's
  management, including but not limited to assumptions regarding the
  timing, scope and cost of
  Li-Cycle's
  projects, including paused projects; the processing capacity and production of
  Li-Cycle's
  facilities;
  Li-Cycle's
  expectations regarding workforce reductions;
  Li-Cycle's
  ability to source feedstock and manage supply chain risk;
  Li-Cycle's
  ability to increase recycling capacity and efficiency;
  Li-Cycle's
  ability to obtain financing on acceptable terms or execute any strategic
  transactions;
  Li-Cycle's
  ability to retain and hire key personnel and maintain relationships with customers, suppliers and other business partners; the success of the cash preservation plan, the outcome
  of the review of the
  go-forward
  strategy of the Rochester Hub,
  Li-Cycle's
  ability to attract new suppliers or expand its supply pipeline from existing suppliers;
  general economic conditions; currency exchange and interest rates; compensation costs; and inflation. There can be no assurance that such assumptions will prove to be correct and, as a result, actual results or events may differ materially from
  expectations expressed in or implied by the forward-looking statements.
  Forward-looking statements involve inherent risks and
  uncertainties, most of which are difficult to predict and many of which are beyond the control of
  Li-Cycle,
  and which may cause actual results to differ materially from the forward-looking information. The
  risk factors and cautionary language discussed in this prospectus provide examples of risks, uncertainties and events that may cause actual results to differ materially from the expectations described by us in such forward-looking statements,
  including among other things:
  •
  Li-Cycle's
  inability to economically and efficiently source, recover
  and recycle
  lithium-ion
  batteries and
  lithium-ion
  battery manufacturing scrap, as well as third party black mass, and to meet the market demand for an environmentally
  sound, closed-loop solution for manufacturing waste and
  end-of-life
  lithium-ion
  batteries;
  •
  Li-Cycle's
  inability to successfully implement its global growth
  strategy, on a timely basis or at all;
  •
  Li-Cycle's
  inability to manage future global growth effectively;
  •
  Li-Cycle's
  inability to develop the Rochester Hub as anticipated or
  at all, and other future projects including its Spoke network expansion projects in a timely manner or on budget or that those projects will not meet expectations with respect to their productivity or the specifications of their end products;
  ii
  •
  Li-Cycle's
  history of losses and expected significant expenses for
  the foreseeable future as well as additional funds required to meet
  Li-Cycle's
  liquidity needs and capital requirements in the future not being available to
  Li-Cycle
  on acceptable terms or at all when it needs them;
  •
  risk and uncertainties related to
  Li-Cycle's
  ability to continue as
  a going concern;
  •
  uncertainty related to the success of
  Li-Cycle's
  cash preservation
  plan and related past and any further workforce reductions;
  •
  Li-Cycle's
  inability to attract, train and retain top talent who
  possess specialized knowledge and technical skills;
  •
  Li-Cycle's
  failure to oversee and supervise strategic review of all
  or any of
  Li-Cycle's
  operations and capital project and obtain financing and other strategic alternatives;
  •
  Li-Cycle's
  ability to service its debt and the restrictive nature of
  the terms of its debt;
  •
  Li-Cycle's
  potential engagement in strategic transactions, including
  acquisitions, that could disrupt its business, cause dilution to its shareholders, reduce its financial resources, result in incurrence of debt, or prove not to be successful;
  •
  one or more of
  Li-Cycle's
  current or future facilities becoming
  inoperative, capacity constrained or disrupted, or lacking sufficient feed streams to remain in operation;
  •
  the potential impact of the pause in construction of the Rochester Hub on the authorizations and permits granted
  to
  Li-Cycle
  for the operation of the Rochester Hub and the Spokes on pause;
  •
  the risk that the New York state and municipal authorities determine that the permits granted to
  Li-Cycle
  for the production of metal sulphates at the Rochester Hub will be impacted by the change to MHP and the reduction in scope for the project;
  •
  Li-Cycle's
  failure to materially increase recycling capacity and
  efficiency;
  •
  Li-Cycle
  expects to continue to incur significant expenses and may not
  achieve or sustain profitability;
  •
  problems with the handling of
  lithium-ion
  battery cells that result in
  less usage of
  lithium-ion
  batteries or affect
  Li-Cycle's
  operations;
  •
  Li-Cycle's
  inability to maintain and increase feedstock supply
  commitments as well as secure new customers and
  off-take
  agreements;
  •
  a decline in the adoption rate of EVs, or a decline in the support by governments for "green" energy
  technologies;
  •
  decreases in benchmark prices for the metals contained in
  Li-Cycle's
  products;
  •
  changes in the volume or composition of feedstock materials processed at
  Li-Cycle's
  facilities;
  •
  the development of an alternative chemical
  make-up
  of
  lithium-ion
  batteries or battery alternatives;
  •
  Li-Cycle's
  expected revenues for the Rochester Hub are expected to
  be derived significantly from a limited number of customers;
  •
  Li-Cycle's
  insurance may not cover all liabilities and damages;
  •
  Li-Cycle's
  reliance on third-party consultants for its regulatory
  compliance;
  Li-Cycle's
  inability to complete its recycling processes as
  quickly as customers may require;
  •
  Li-Cycle's
  inability to compete successfully;
  •
  increases in income tax rates, changes in income tax laws or disagreements with tax authorities;
  •
  significant variance in
  Li-Cycle's
  operating and financial results
  from period to period due to fluctuations in its operating costs and other factors;
  •
  fluctuations in foreign currency exchange rates which could result in declines in reported sales and net
  earnings;
  •
  unfavorable economic conditions;
  •
  natural disasters, unusually adverse weather, epidemic or pandemic outbreaks, cyber incidents, boycotts and
  geo-political
  events;
  •
  failure to protect or enforce
  Li-Cycle's
  intellectual property;
  •
  Li-Cycle
  may be subject to intellectual property rights claims by third
  parties;
  •
  Li-Cycle
  may be subject to cybersecurity attacks, including, but not
  limited to, ransomware;
  •
  Li-Cycle's
  failure to effectively remediate the material weaknesses
  in its internal control over financial reporting that it has identified or its failure to develop and maintain a proper and effective internal control over financial reporting;
  iii
  •
  the potential for
  Li-Cycle's
  directors and officers who hold Company
  common shares to have interests that may differ from, or be in conflict with, the interests of other shareholders;
  •
  risks related to adoption of
  Li-Cycle's
  rights plan and the
  volatility of the price of
  Li-Cycle's
  common shares;
  •
  Li-Cycle's
  estimated total addressable market;
  •
  Li-Cycle's
  reliance on the experience and expertise of senior
  management and key personnel;
  •
  Li-Cycle's
  reliance on a limited number of commercial partners to
  generate revenue;
  •
  Customer demand for recycled materials;
  •
  the NYSE may delist our common shares, which could limit investors' ability to engage in transactions in our
  common shares and subject us to additional trading restrictions; and
  •
  risk of litigation or regulatory proceedings that could materially adversely impact
  Li-Cycle's
  financial results.
  These and other risks and uncertainties related to
  Li-Cycle's
  business and the assumptions on which the forward-looking information is based are described in greater detail in the sections titled "
  Risk Factors
  " and elsewhere in this
  prospectus and in the documents incorporated by reference herein. Because of these risks, uncertainties and assumptions, readers should not place undue reliance on these forward-looking statements. Actual results could differ materially from those
  contained in any forward-looking statements.
  Li-Cycle
  assumes no obligation to update or revise any forward-looking statements, except as required by applicable laws. These forward-looking statements should
  not be relied upon as representing
  Li-Cycle's
  assessments as of any date subsequent to the date of this prospectus.
  iv
  PROSPECTUS SUMMARY
  This summary highlights selected information and does not contain all of the information you should consider before investing in our
  securities. Before making your investment decision with respect to our securities, you should carefully read this entire prospectus, any applicable prospectus supplement and the documents referred to in "Where You Can Find More
  Information" and "Incorporation by Reference." Some of the statements in this prospectus constitute forward-looking statements that involve significant risks and uncertainties. See "Cautionary Statement Regarding Forward-Looking
  Statements" for more information.
  Our Company
  Li-Cycle (NYSE:
  LICY) is a leading
  global lithium-ion battery
  ("
  LIB
  ") resource recovery company. Established in 2016, and with customers and partners around the
  world, Li-Cycle's mission
  is to recover critical battery-grade materials to create a domestic closed-loop battery supply chain for a clean energy future. The Company's proprietary
  "Spoke & Hub" recycling and resource recovery process is designed (a) at its Spokes,
  or pre-processing facilities,
  to process battery manufacturing scrap
  and end-of-life batteries
  to produce "black mass", a powder-like substance which contains a number of valuable metals, and other intermediate products, and
  (b) at its future Hubs, or post-processing facilities, to process black mass to produce critical materials for
  the lithium-ion battery
  supply chain, including lithium carbonate.
  At its Spokes, in addition to producing black mass, the Company produces certain other intermediate products analogous to black mass that have
  a similar metal content, and, as a result, the Company tracks its production using a unit of measure called black mass and black mass equivalents ("
  Black Mass
  & Equivalents
  " or "
  BM&E
  ").
  Li-Cycle pioneered
  what it believes to be an innovative and scalable metallurgical
  processing method with its Spoke & Hub network, with the goal of making a valuable contribution to the EV industry and the world's transition to a circular economy by offering an environmentally-friendly recycling solution alternative
  to energy-intensive pyrometallurgical processing methods.
  By re-inserting critical
  materials back into
  the lithium-ion battery
  supply chain, we
  believe we will be able to effectively close the loop between the beginning
  and end-of-life manufacturing
  phases in both an environmentally and what we believe
  to be an economically sustainable manner.
  Lithium-ion batteries
  are increasingly powering
  products and solutions in a range of industries, including consumer electronics, EVs and energy storage. An overview of the industries in
  which lithium-ion batteries
  are utilized is set forth below:
  1
  Corporate Information
  Li-Cycle
  Holdings Corp. was amalgamated on August 10, 2021 under the
  Business Corporations
  Act
  (Ontario) ("
  OBCA
  ") in connection with the consummation of the Business Combination Agreement, dated as of February 15, 2021, as amended, by and among Peridot Acquisition Corp.,
  Li-Cycle
  Corp. and the Company, on that date. It is governed by the OBCA.
  Our principal executive
  office is located 207 Queens Quay West, Suite 590, Toronto, ON M5J 1A7, Canada and our phone number is (877)
  542-9253.
  Our agent for service of process in the United States is Puglisi &
  Associates located at 850 Library Avenue, Suite 204, Newark, DE 19711.
  Our principal website address is
  http://www.li-cycle.com.
  The information contained on our website does not form a part of, and is not incorporated by reference into, this prospectus.
  2
  RISK FACTORS
  An investment in the Shares carries a significant degree of risk. Before deciding whether to acquire Shares, you should carefully consider the
  risk factors included in our most recent Annual Report on
  Form 10-K
  filed with the SEC on March 15, 2024 (as amended by the Form
  10-K/A
  filed with the SEC on
  April 29, 2024), the Quarterly Reports on
  Form 10-Q
  for the quarters ended March 31, 2024 filed with the SEC on May 10, 2024 and June 30, 2024 filed with the SEC on August 8,
  2024 and any subsequent reports filed with the SEC after the date of this prospectus, and all other information contained in or incorporated by reference into this prospectus. The risks described in these documents are not the only ones we face.
  There may be other unknown or unpredictable economic, business, competitive, regulatory or other factors, or factors that we currently deem immaterial, that could have material adverse effects on our future results. Past financial performance may
  not be a reliable indicator of future performance, and historical trends should not be used to anticipate results or trends in future periods. The occurrence of any of these risks might cause you to lose all or part of your investment in the Shares.
  Please also read carefully the section titled "
  Cautionary Statement Regarding Forward-Looking Statements
  ."
  3
  DETERMINATION OF OFFERING PRICE
  The Selling Securityholders will determine at what price they may sell the offered Shares, and such sales may be made at prevailing market
  prices or at privately negotiated prices. See "
  Plan of Distribution
  " below for more information.
  4
  USE OF PROCEEDS
  We will not receive any of the proceeds from the sale of the Shares. All proceeds from the sale of the Shares will be for the account of the
  Selling Securityholders, as described below. See the sections titled "
  Selling Securityholders
  " and "
  Plan of Distribution
  " below.
  5
  SELLING SECURITYHOLDERS
  The following table sets forth information regarding beneficial ownership of our Shares as of August 13, 2024, as adjusted to reflect the
  Shares that may be sold from time to time pursuant to this prospectus, for all Selling Securityholders, consisting of the individuals shown as having shares listed in the column entitled "Shares Offered."
  The Shares offered by the Selling Securityholders hereunder include an aggregate of 1,520,082 outstanding Shares that will be or were acquired
  by certain of our current and former employees (including officers), consultants and advisors pursuant to the Plan, as described in this prospectus. We have determined beneficial ownership in accordance with the rules of the SEC, and thus it
  represents sole or shared voting or investment power with respect to our securities. In computing the number of Shares beneficially owned by a person and the percentage ownership of that person, we deemed outstanding any Shares subject to options
  held by that person that are exercisable within 60 days of August 13, 2024, or issuable pursuant to restricted stock units ("
  RSUs
  ") or performance-based RSUs, which are subject to vesting and settlement conditions
  ("
  PSUs
  ") within 60 days of August 13, 2024. We did not deem these shares outstanding, however, for the purpose of computing the percentage ownership of any other person. Unless otherwise indicated below, to our knowledge, the
  persons and entities named in the table have sole voting and sole investment power with respect to all shares that they beneficially owned as August 13, 2024, subject to community property laws where applicable. The information does not
  necessarily indicate beneficial ownership for any other purpose, including for purposes of Sections 13(d) and 13(g) of the Securities Act.
  We have based percentage ownership of our Shares before this offering on 22,519,152 Shares outstanding as of August 13, 2024.
  We cannot give an estimate as to the number of Shares that will actually be held by the Selling Securityholders following the resales
  contemplated by this prospectus because the Selling Securityholders may offer some or all of their Shares under the offering contemplated by this prospectus or pursuant to exemptions from registration under the Securities Act or acquire additional
  Shares. We cannot advise you as to whether the Selling Securityholders will, in fact, sell any or all such Shares.
  Inclusion of an
  individual's name in the table below does not constitute an admission that such individual is an "affiliate" of the Company.
  Selling
  Securityholder
  (1)(2)
  Shares Owned Prior to this
  Offering
  Shares Offered
  Shares Beneficially Owned
  After the Offering
  (3)
  Number
  Percent
  Number
  Percent
  Ajay Kochhar,
  President Chief Executive Officer and Director
  (4)
  3,165,607
  14.06
  334,343
  3,499,950
  15.54
  Carl DeLuca,
  General Counsel and Secretary
  (5)
  22,870
  *
  144,964
  167,834
  *
  Chris Biederman,
  Chief Technology Officer
  (6)
  28,720
  *
  111,511
  140,231
  *
  Dawei Li
  , Regional President, APAC
  (7)
  14,188
  *
  83,632
  97,820
  *
  Christine Barwell
  , Chief Human Resources Officer
  (8)
  2,144
  *
  89,209
  91,353
  *
  Conor Spollen
  , Chief Operating Officer
  (9)
  13,763
  *
  117,086
  130,849
  *
  Named Selling Securityholders (10)
  37,710
  *
  626,760
  664,470
  2.95
  Other Selling Securityholders (11)
  0
  *
  12,577
  12,577
  *
  6
  *
  Represents beneficial ownership of less than 1%.
  (1)
  Except as otherwise noted below, the address for each person listed in the table is c/o
  Li-Cycle
  Holdings Corp., 207 Queens Quay West, Suite 590, Toronto, ON M5J 1A7, Canada.
  (2)
  All positions described are with the Company, unless otherwise indicated.
  (3)
  Assumes that all Shares held by each Selling Securityholder and being offered under this prospectus are sold,
  and no Selling Securityholder will acquire additional Shares before the completion of this offering.
  (4)
  Ajay Kochhar's 3,165,607 Shares beneficially owned include (1) 17,454 common shares owned directly by
  Mr. Kochhar, (2) 3,107,826 common shares owned by 2829908 Delaware LLC, a Delaware limited liability company, which is a wholly-owned subsidiary of Maplebriar Holdings Inc., a corporation organized under the laws of the Province of Ontario
  ("
  Maplebriar Holdings
  "), having a sole shareholder, The Kochhar Family Trust, an irrevocable trust established under the laws of the Province of Ontario, Canada (the "
  Trust
  "), and (3) 40,327 common shares subject to
  vested stock options held by Mr. Kochhar which includes options to acquire (i) 22,108 common shares at a price of $87.44 per share until August 10, 2031, (ii) 7,767 common shares at a price of $60.64 per share until January 31, 2032
  and (iii) 10,543 common shares at a price of $46.16 per share until January 27, 2033. There is an oral agreement among Mr. Kochhar, the Trust, Maplebriar Holding, and 2829908 Delaware LLC, that grants Mr. Kochhar the sole power to
  control the voting and disposition of the common shares of the Company held by 2829908 Delaware LLC. Mr. Kochhar is one of three trustees of the Trust, along with Mr. Kochhar's brother and father, and the beneficiaries of the Trust
  are principally relatives of Mr. Kochhar. Mr. Kochhar is a Director and the President and CEO of the Company. The 3,107,826 common shares owned by 2829908 Delaware LLC include 375,000 common shares pledged to secure 2829908 Delaware
  LLC's obligations under two prepaid variable share forward contracts entered into by and between 2829908 Delaware LLC and Citibank, N.A. ("
  Citibank
  ") on May 19, 2023 and August 16, 2023, respectively (together, the
  "
  2829908 Delaware LLC VPF Contracts
  "). 2829908 Delaware LLC retains dividend and voting rights in the pledged common shares during the term of the pledge (so long as no event of default or similar event occurs under the applicable
  2829908 Delaware LLC VPF Contract or the related pledge and security agreement). The 2829908 Delaware LLC VPF Contracts obligate 2829908 Delaware LLC to deliver to Citibank up to 125,000 common shares (or, at 2829908 Delaware LLC's election, an
  equivalent amount of cash based on the market price of common shares at that time) on August 18, 2024 and up to 250,000 common shares (or, at 2829908 Delaware LLC's election, an equivalent amount of cash based on the market price of common
  shares at that time) on November 15, 2024. The 334,343 Shares Offered consist of 133,737 common shares issuable on the settlement of RSUs, and 200,606 common shares issuable on the settlement of PSUs.
  (5)
  Carl DeLuca's 22,870 Shares beneficially owned include (1) 4,933 common shares owned directly by
  Mr. DeLuca and (2) 17,937 common shares subject to vested stock options which includes options to acquire (i) 12,808 common shares at a price of $87.44 per share until August 10, 2023, (ii) 2,368 common shares at a price of $60.64 per
  share until January 31, 2032 and (iii) 2,761 common shares at a price of $46.16 per share until January 27, 2033. Mr. DeLuca is the General Counsel & Corporate Secretary of the Company. The 144,964 Shares Offered consist of
  92,807 common shares issuable on the settlement of RSUs, and 52,157 common shares issuable on the settlement of PSUs.
  (6)
  Chris Biederman's 28,720 Shares beneficially owned include (1) 16,600 shares owned directly by
  Mr. Biederman and (2) 12,120 common shares subject to vested stock options which includes options to acquire (i) 8,420 common shares at a price of $87.44 per share until August 10, 2031, (ii) 1,974 common shares at a price of $60.64 per
  share until January 31, 2032 and (iii) 1,726 common shares at a price of $46.16 per share until January 27, 2033. Mr. Biederman is the Chief Technical Officer of the Company. The 111,511 Shares Offered consist of 71,390 common shares
  issuable on the settlement of RSUs, and 40,121 common shares issuable on the settlement of PSUs.
  7
  (7)
  Dawei Li's 14,188 Shares beneficially owned include (1) 6,314 common shares owned directly by Mr. Li
  and (2) 7,874 common shares subject to vested stock options which includes options to acquire (i) 2,339 common shares at a price of $87.44 per share until August 10, 2031, (ii) 2,644 common shares at a price of $105.60 per share until
  November 22, 2031, (iii) 1,579 common shares at a price of $60.64 per share until January 31, 2032 and (iv) 1,312 common shares at a price of $46.16 per share until January 27, 2033. Mr. Li is the Regional President, APAC of the
  Company. The 83,632 Shares Offered consist of 53,542 common shares issuable on the settlement of RSUs, and 30,090 common shares issuable on the settlement of PSUs.
  (8)
  Christine Barwell's 2,144 Shares beneficially owned include (1) 957 shares owned directly by
  Ms. Barwell and (2) 1,187 common shares subject to vested stock options to acquire common shares at a price of $46.16 per share until January 27, 2033. The 89,209 Shares Offered consist of 57,112 common shares issuable on the settlement of
  RSUs, and 32,097 common shares issuable on the settlement of PSUs.
  (9)
  Conor Spollen's 13,763 Shares beneficially owned include (1) 3,889 common shares owned directly by
  Mr. Spollen and (2) 9,874 common shares subject to vested stock options which includes options to acquire (i) 8,282 common shares at a price of $61.92 per share until March 8, 2032 and (ii) 1,592 common shares at a price of $46.16 per
  share until January 27, 2033. Mr. Spollen is the Chief Operating Officer of the Company. The 117,086 Shares Offered consist of 74,959 common shares issuable on the settlement of RSUs, and 42,127 common shares issuable on the settlement of
  PSUs.
  (10)
  Includes the following 97
  named non-affiliate persons,
  each
  of whom holds at least 1,000 Shares: Robert Adams, Dean Alonzo, Julian Barbour, Gloria Berger, Kurtis Boehm, Delano Bornman, Nathan Britt, Christopher Cater, Oliver Ceberg, Viktor Cernis, Twinkle Choubey, Derek Chow, David Crocker, Darren
  Dachelet, Joseph Day, Daniel Demers, Elewout Depicker, Louie Diaz, John Diggory, Sheldon D'souza, Hans-Peter Dürr, Manu Dutt, Antoine Emanuel, Jens Emrich, Gary Ennis, Laura Escandon Amores, Alan Ferguson, Brett Fleury, Jonathan Fox,
  Jelena Novikov Fried, Dave Fumarola, Ruiya Gao, Sebastien Gisquiere, Steven Gonzales, Jeffrey Green, Kevin Hall, Mikko Henttonen, Scott Hoenecke, Jonas Jeschke, Sophia Jinbo-Doran, Nina Johnsrød, Charles Johnston, Bekbolot Kabylov, Alexander
  Karis, Harry Kumar, Aditya Lakshmanan, Hanh Le Allis, Adam Luquire, Lisa MacEachern, Urooj Manzoor, Jean Massey, Neil McIntyre, Michael Miller, AbdulMateenFarhan Mohammed, Jessica Möhring, Greg Montgomery, Christopher Moon, Johnathan Mueller,
  Alan Murray, Sadiq Naqvi, Claus Nielsen, David Novakowski, Rick Padmos, ArielJeanSeon Paik, Sangeeta Patil, Frank Pommerenke, Navanethan Pongiannan, Sukrita Prasad, Charles Reagan, Pedro Rivera, Michael Robinette, Anabela Rodrigues, Rob Schenkel,
  Udo Schleif, Manfred Schmidt, Tobias Schmidt, William Schnorbus, Matthew Selden, Yucel Sezer, David Shaut, Jennifer Shepker, Lucy Soce, Nirmet Sodhi, Krista Sohaj, Anthony Staley, Shawn Sweely, Darcy Tait, Zak Tollefson, Melissa van Veen, Connor
  Vice, Thomas Wadsworth, James Watts, Brett Whalen, Torsten Witte, George Wu, Camille Zapatos, Stephen Zhou.
  (11)
  Includes 35 unnamed
  non-affiliate
  persons, each of whom holds less than
  1,000 Shares and each of whom may sell up to such amount using this prospectus. Each of these persons beneficially owns less than 1% of our Shares.
  8
  PLAN OF DISTRIBUTION
  The Shares covered by this prospectus are being registered by the Company to permit the Selling Securityholders to conduct public secondary
  trading of these Shares from time to time after the date of this prospectus. The Shares offered may be sold from time to time directly by or on behalf of each Selling Securityholder in one or more transactions on NYSE or any other stock exchange on
  which the Shares may be listed at the time of sale, in the
  over-the-counter
  market, in privately negotiated transactions, by any other method permitted by applicable law
  or through a combination of such methods, at market prices prevailing at the time of sale, at prices related to such prevailing market prices, at fixed prices (which may be changed), varying prices determined at the time of sale or at negotiated
  prices. These transactions may include block transactions or crosses. Crosses are transactions in which the same broker acts as an agent on both sides of the trade. The Selling Securityholders may sell Shares through one or more agents, brokers, or
  dealers or directly to purchasers. Such brokers or dealers may receive compensation in the form of commissions, discounts, or concessions from the Selling Securityholders and/or purchasers of the Shares or both. Such compensation as to a particular
  broker or dealer may be in excess of customary commissions. The amount of Shares to be reoffered or resold under this prospectus by each Selling Securityholder and any other person with whom the Selling Securityholder is acting in concert for the
  purpose of selling Shares, may not exceed, during any three-month period, the amount specified in Rule 144(e) under the Securities Act.
  In connection with a Selling Securityholder's sales, the Selling Securityholder and any participating broker or dealer may be deemed to
  be "underwriters" within the meaning of the Securities Act, and any commissions they receive and the proceeds of any sale of Shares may be deemed to be underwriting discounts and commissions under the Securities Act. We are bearing all
  costs relating to the registration of the Shares. Any commissions or other fees payable to brokers or dealers in connection with any sale of the Shares will be borne by the Selling Securityholders or other party selling such Shares.
  Sales of the Shares must be made by the Selling Securityholders in compliance with all applicable state and federal securities laws and
  regulations, including the Securities Act. In addition to any Shares sold hereunder, Selling Securityholders may sell Shares in compliance with Rule 144 under the Securities Act if available. The Selling Securityholders will act independently of us
  in making decisions with respect to the timing, manner, and size of each resale or other transfer. There can be no assurance that the Selling Securityholders will sell any or all of the Shares under this prospectus. Further, we cannot assure you
  that the Selling Securityholders will not transfer, distribute, devise, or gift the Shares by other means not described in this prospectus. The Selling Securityholders may agree to indemnify any broker, dealer or agent that participates in
  transactions involving sales of the shares against certain liabilities in connection with the offering of the Shares arising under the Securities Act. We have notified the Selling Securityholders of the need to deliver a copy of this prospectus in
  connection with any sale of the Shares.
  The anti-manipulation rules of Regulation M under the Exchange Act may apply to sales of our
  Shares and activities of the Selling Securityholders, which may limit the timing of purchases and sales of any of the Shares by the Selling Securityholders and any other participating person. Regulation M may also restrict the ability of any person
  engaged in the distribution of the Shares to engage in passive market-making activities with respect to the Shares. Passive market making involves transactions in which a market maker acts as both our underwriter and as a purchaser of our Shares in
  the secondary market. All the foregoing may affect the marketability of the Shares and the ability of any person or entity to engage in market-making activities with respect to the Shares.
  Once sold under the registration statement of which this prospectus forms a part, the Shares will be freely tradable in the hands of persons
  other than our affiliates.
  9
  LEGAL MATTERS
  The valid issuance of any securities offered by this prospectus will be passed upon for us by McCarthy Tétrault LLP, Toronto, Ontario,
  Canada.
  EXPERTS
  The Company's financial statements for the years ended December 31, 2023 and October 31, 2022 and for the
  two-month
  period ended December 31, 2022, incorporated by reference into this prospectus by reference to the Company's Annual Report on Form
  10-K
  for the year ended
  December 31, 2023 (as amended by the Form
  10-K/A
  filed with the SEC on April 29, 2024) (the "
  Annual Report
  "), and the effectiveness of the Company's internal control over
  financial reporting as of December 31, 2023 and October 31, 2022 have been audited by KPMG LLP ("
  KPMG
  "), an independent registered public accounting firm, as stated in the Annual Report. Such financial statements are
  incorporated by reference into this prospectus in reliance upon the report of such firm given upon their authority as experts in accounting and auditing. On March 28, 2024, KPMG notified the Company that it has decided to decline to stand for
  re-appointment
  as the Company's independent registered public accounting firm to serve as independent auditor. However, KPMG advised the Company that it would remain the Company's independent registered
  public accounting firm until completion of its review of the consolidated interim financial statements of the Company and subsidiaries as of and for the three months ended March 31, 2024 and, if requested by the Company, as of and for the three
  and six months ended June 30, 2024. On August 9, 2024, the Company announced that the Audit Committee of the Company's Board of Directors had selected Marcum Canada LLP as the Company's new independent registered public
  accounting firm to serve as its independent auditor and that the Board had approved that the appointment of Marcum be put forward for shareholder approval at a reconvened shareholder meeting to be held on October 15, 2024.
  The audit report covering the December 31, 2023 consolidated financial statements contains an explanatory paragraph that states the
  Company's recurring losses from operations from inception, negative cash flows from operations, resulting negative working capital and the pause on construction raise substantial doubt about the Company's ability to continue as a going
  concern. The consolidated financial statements do not include any adjustments that might result from the outcome of that uncertainty.
  INCORPORATION OF DOCUMENTS BY REFERENCE
  The following documents, which the Registrant has previously filed with the SEC, are
  hereby incorporated by reference into this prospectus (excluding any information that is deemed to have been "furnished" and not "filed" with the SEC, including any Item 2.02 or Item 7.01 of any Current Report on Form
  8-K):
  (a)
  the Registrant's
  Annual
   Report
  ;
  (b)
  the Registrant's Quarterly Reports on Form
  10-Q
  for the quarter
  ended March 31, 2024 filed with the SEC on
  May 10, 2024
  and for the quarter ended June 
  30, 2024 filed with the SEC on
  August 8, 2024
  ;
  (c)
  the Registrant's Current Reports on Form
  8-K
  filed with the SEC on
  March 
  12, 2024
  (other than the portions thereof that are furnished and not filed),
  March 25, 2024
  (other than the portions thereof that are furnished
  and not filed),
  March 
  26, 2024
  (other than the portions thereof that are furnished and not filed),
  April 
  2, 2024
  ,
  May 
  10, 2024
  (other than the portions thereof that are furnished and not filed),
  May 
  15, 2024
  , and
  May 24, 2024
  (other than the portions thereof that are furnished and not filed), both Current
  Reports on
  Form
  8-K
  filed on
  June 4,
   2024
  , the
  Form
  8-K/A
  filed on June 5, 2024, and the Current
  Reports on Form
  8-K
  filed on
  June 
  28, 2024
  ,
  July 
  18, 2024
  (other than the portions thereof that are furnished and not filed) and
  August 9, 2024
  ; and
  (d)
  the description of the Shares contained in
  Exhibit
   4.2
  of the Registrant's
  Annual Report
  for the fiscal year ended December 31, 2023, filed with the SEC on March 15, 2024 (as amended
  by the
  Form
  10-K/A
  filed with the SEC on April 29, 2024) together with all amendments and reports filed
  for the purpose of updating that description.
  10
  All other reports and documents subsequently filed by the Registrant pursuant to Sections
  13(a), 13(c), 14 or 15(d) of the Exchange Act (except for any portions of the Registrant's Current Reports on Form
  8-K
  furnished pursuant to Item 2.02 or Item 7.01 thereof and any corresponding exhibits
  thereto not filed with the SEC, and other documents or information deemed furnished but not filed under the rules of the SEC), prior to the filing of a post-effective amendment to this Registration Statement that indicates that all securities
  offered hereby have been sold or which deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference in this prospectus and to be a part hereof from the date of filing of such documents.
  Any statement contained herein or in a document all or a portion of which is incorporated or deemed to be incorporated by reference herein
  shall be deemed to be modified or superseded for purposes of this prospectus to the extent that a statement contained herein or in any other subsequently filed document that also is or is deemed to be incorporated by reference herein modifies or
  supersedes such statement. Any such statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this prospectus.
  11
  WHERE YOU CAN FIND MORE INFORMATION
  We file annual, quarterly, and current reports, proxy statements, and other documents with the SEC under the Exchange Act. The SEC maintains a
  website that contains reports, proxy and information statements, and other information regarding issuers, including the Company, that file electronically with the SEC. You may obtain copies of this prospectus and its exhibits and the other documents
  that we file with the SEC at www.sec.gov.
  We also make these documents available on the investor relations portion of our website at
  https://investors.li-cycle.com/financials/sec-filings/default.aspx.
  Our website and the information contained or connected to our website is not incorporated by reference in
  this prospectus, and you should not consider it part of this prospectus. We will also provide without charge to each person, including any beneficial owner of Shares, to whom a copy of this prospectus is delivered, upon written or oral request of
  any such person, a copy of any and all of the information that has been incorporated by reference in this prospectus but not delivered with the prospectus other than the exhibits to those documents, unless the exhibits are specifically incorporated
  by reference into the information that this prospectus incorporates. Requests for documents should be directed to
  Li-Cycle
  Holdings Corp. Attention: General Counsel, 207 Queens Quay West, Suite 590, Toronto,
  Ontario, Canada M5J 1A7, (877)
  542-9253.
  12
  PART I
  INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
  The information specified in Item 1 and Item 2 of Part I of Form
  S-8
  is not filed as part of this
  Registration Statement in accordance with the provisions of Rule 428 under the Securities Act, and the introductory note to Part I of Form
  S-8.
  The documents containing the information specified
  in Part I of Form
  S-8
  will be delivered to the participants in the Plan covered by this Registration Statement as specified by Rule 428(b)(1) under the Securities Act. Such documents are not required to be,
  and are not, filed with the SEC, either as part of this Registration Statement or as a prospectus or prospectus supplement pursuant to Rule 424 under the Securities Act.
  PART II
  INFORMATION
  REQUIRED IN THE REGISTRATION STATEMENT
  Item 3. Incorporation of Documents by Reference
  The following documents, which the Registrant has previously filed with the SEC, are hereby incorporated by reference into this Registration
  Statement (excluding any information that is deemed to have been "furnished" and not "filed" with the SEC, including any Item 2.02 or Item 7.01 of any Current Report on Form
  8-K):
  (a)
  the Registrant's
  Annual
   Report
  ;
  (b)
  the Registrant's Quarterly Reports on Form
  10-Q
  for the quarter
  ended March 31, 2024 filed with the SEC on
  May 10, 2024
  and for the quarter ended June 
  30, 2024 filed with the SEC on
  August 8, 2024
  ;
  (c)
  the Registrant's Current Reports on Form
  8-K
  filed with the SEC on
  March 
  12, 2024
  (other than the portions thereof that are furnished and not filed),
  March 25, 2024
  (other than the portions thereof that are furnished
  and not filed),
  March 
  26, 2024
  (other than the portions thereof that are furnished and not filed),
  April 
  2, 2024
  ,
  May 
  10, 2024
  (other than the portions thereof that are furnished and not filed),
  May 
  15, 2024
  , and
  May 24, 2024
  (other than the portions thereof that are furnished and not filed), both Current
  Reports on
  Form
  8-K
  filed on
  June 4,
   2024
  , the
  Form
  8-K/A
  filed on June 5, 2024, and the Current
  Reports on Form
  8-K
  filed on
  June 
  28, 2024
  ,
  July 
  18, 2024
  (other than the portions thereof that are furnished and not filed) and
  August 9, 2024
  ; and
  (d)
  the description of the Shares contained in
  Exhibit
   4.2
  of the Registrant's Annual Report together with all amendments and reports filed for the purpose of updating that description.
  All other reports and documents subsequently filed by the Registrant pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act
  (except for any portions of the Registrant's Current Reports on Form
  8-K
  furnished pursuant to Item 2.02 or Item 7.01 thereof and any corresponding exhibits thereto not filed with the SEC, and other
  documents or information deemed furnished but not filed under the rules of the SEC), prior to the filing of a post-effective amendment to this Registration Statement that indicates that all securities offered hereby have been sold or which
  deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference in this Registration Statement and to be a part hereof from the date of filing of such documents.
  Any statement contained herein or in a document all or a portion of which is incorporated or deemed to be incorporated by reference herein
  shall be deemed to be modified or superseded for purposes of this Registration Statement to the extent that a statement contained herein or in any other subsequently filed document that also is or is deemed to be incorporated by reference herein
  modifies or supersedes such statement. Any such statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this Registration Statement.
  Item 4. Description of Securities
  Not required to be filed with this Registration Statement in accordance with Section E of the General Instructions to Form
  S-8.
  Item 5. Interests of Named Experts and Counsel
  Not required to be filed with this Registration Statement in accordance with Section E of the General Instructions to Form
  S-8.
  13
  Item 6. Indemnification of Directors and Officers
  Under the OBCA, no provision in a contract, the articles,
  the by-laws or
  a resolution
  relieves a director or officer from the duty to act in accordance with the OBCA and its related regulations or relieves him or her from liability for a breach of the OBCA or its regulations.
  A director is not liable under the OBCA for certain acts if the director exercised the care, diligence and skill that a reasonably prudent
  person would have exercised in comparable circumstances, including reliance, in good faith, on: (i) financial statements of the corporation represented to the director by an officer of the corporation or in a written report of the auditor of
  the corporation to fairly reflect the financial position of the corporation in accordance with generally accepted accounting principles; (ii) an interim or other report of the corporation represented to the director by an officer of the
  corporation to fairly reflect the financial position of the corporation in accordance with generally accepted accounting principles; (iii) a report or advice of an officer or employee of the corporation, where it is reasonable in the
  circumstances to rely on the report of advice; or (iv) a report of a lawyer, accountant, engineer, appraiser or other person whose profession lends credibility to a statement made by that person.
  Under the OBCA, we may indemnify its current or former directors or officers or another individual who acts or acted at our request as a
  director or officer, or an individual acting in a similar capacity, of another entity, against all costs, charges and expenses, including an amount paid to settle an action or satisfy a judgment, reasonably incurred by the individual in respect of
  any civil, criminal, administrative, investigative or other proceeding in which the individual is involved because of his or her association with the Company or another entity.
  The OBCA also provides that we may advance monies to a director, officer or other individual for costs, charges and expenses reasonably
  incurred in connection with such a proceeding; provided that such individual must repay the monies if the individual does not fulfill the conditions described below.
  However, indemnification is prohibited under the OBCA unless the individual: (i) acted honestly and in good faith with a view to our best
  interests, or the best interests of the other entity for which the individual acted as director or officer or in a similar capacity at our request; and (ii) in the case of a criminal or administrative action or proceeding that is enforced by a
  monetary penalty, the individual had reasonable grounds for believing that his or her conduct was lawful.
  Under
  our by-laws, we
  will indemnify to the fullest extent permitted by the OBCA (i) any director or officer of the Company; (ii) any former director or officer of the Company; (iii) any
  individual who acts or acted at our request as a director or officer, or in a similar capacity, of another entity; and (iv) their respective heirs and legal representatives.
  Item 7. Exemption from Registration Claimed
  The issuance of the Shares being offered by the
  Form S-3 resale
  prospectus were deemed
  to be exempt from registration under the Securities Act in reliance upon Section 4(a)(2) of the Securities Act as transactions by an issuer not involving any public offering. The recipients of the securities in each of these
  transactions represented their intentions to acquire the securities for investment only and not with a view to or for sale in connection with any distribution thereof, and appropriate legends were placed upon the stock certificates issued in these
  transactions. All recipients had adequate access, through their relationships with us, to information about the Registrant.
  14
  Item 8. Exhibits
  Exhibit No.
  Description
  4.1
  Certificate of Restated Articles of Incorporation of the Company dated July 
  18, 2024 (incorporated by reference to Exhibit 3.1 to the Company's Quarterly Report on Form
  10-Q
  (File
  No. 001-40733)
  filed with the SEC on August 
  8, 2024)
  4.2
  Amended and Restated Articles and
  By-laws
  of
  Li-Cycle
  Holdings
   Corp. (incorporated by reference to Exhibit 1.2 to the Company's shell company report on Form
  20-F
  (File
  No. 001-40733)
  filed with the SEC on August 16,
  2021)
  4.3
  Specimen Common Share Certificate of the Company (incorporated by reference to Exhibit 4.1 to the Company's Registration Statement on Form
  F-4
  (File
  No. 333-254843)
  filed with the SEC on July 6, 2021)
  5.1*
  Opinion of McCarthy Tétrault, LLP, counsel to the Registrant, regarding the valid issuance of the securities being offered hereby (including consent)
  23.1*
  Consent of KPMG LLP
  23.2*
  Consent of McCarthy Tétrault LLP (included in Exhibit 5.1)
  24.1*
  Power of Attorney (included as part of the signature pages to this Registration Statement)
  99.1
  Li-Cycle
  Holdings Corp. 2021 Incentive Award Plan (incorporated by reference to Exhibit 4.5 to the Company's
   shell company report on Form
  20-F
  (File
  No. 001-40733)
  filed with the SEC on August 16, 2021)
  99.2
  Li-Cycle
  Holdings Corp. 2021 Incentive Award Plan
  Sub-Plan
  for
  Canadian Participants (incorporated by reference to Exhibit 99.4 to the Company's Registration Statement on Form
  S-8
  (File
  No. 333-261568)
  filed with the SEC
  on December 9, 2021)
  99.3
  Form of Option Grant Notice and Agreement under the
  Li-Cycle
  Holdings Corp. 2021 Incentive
   Award Plan (incorporated by reference to Exhibit 4.9 to the Company's Annual Report on Form
  20-F
  (File
  No. 001-40733)
  filed with the SEC on February 6,
  2023)
  99.4
  Form of RSU Award Grant Notice and Agreement under the
  Li-Cycle
  Holdings Corp. 2021 Incentive
   Award Plan (incorporated by reference to Exhibit 4.10 to the Company's Annual Report on Form
  20-F
  (File
  No. 001-40733)
  filed with the SEC on February 6,
  2023)
  107*
  Filing Fee Table
  *
  Filed herewith
  Item 9. Undertakings
  A. The
  undersigned Registrant hereby undertakes:
  (1) To file, during any period in which offers or sales are being made, a post-effective
  amendment to this Registration Statement:
  (i) To include any prospectus required by Section 10(a)(3) of the Securities Act;
  (ii) To reflect in the prospectus any facts or events arising after the effective date of the Registration Statement (or the most recent
  post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the Registration Statement. Notwithstanding the foregoing, any increase or decrease in volume of securities
  offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the SEC
  pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than a 20 percent change in the maximum aggregate offering price set forth in the "Calculation of Registration Fee" table in the effective
  Registration Statement; and
  (iii) To include any material information with respect to the plan of distribution not previously disclosed
  in the Registration Statement or any material change to such information in the Registration Statement.
  Provided
  ,
  however
  ,
  that paragraphs (A)(1)(i) and (A)(1)(ii) do not apply if the information required to be included in a post-effective amendment by those paragraphs is contained in periodic reports filed with or furnished to the SEC by the Registrant pursuant to
  Section 13 or Section 15(d) of the Exchange Act that are incorporated by reference in this Registration Statement.
  15
  (2) That, for the purpose of determining any liability under the Securities Act, each such
  post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.
  (3) To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the
  termination of the offering.
  B. The undersigned Registrant hereby undertakes that, for purposes of determining any liability under the
  Securities Act, each filing of the Registrant's annual report pursuant to Section 13(a) or Section 15(d) of the Exchange Act (and, where applicable, each filing of an employee benefit plan's annual report pursuant to
  Section 15(d) of the Exchange Act) that is incorporated by reference in the Registration Statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time
  shall be deemed to be the initial bona fide offering thereof.
  C. Insofar as indemnification for liabilities arising under the Securities
  Act may be permitted to directors, officers and controlling persons of the Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the SEC such indemnification is against public policy as
  expressed in the Securities Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a director, officer or controlling
  person of the Registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its
  counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final
  adjudication of such issue.
  16
  SIGNATURES
  Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it has reasonable grounds to believe that it meets
  all of the requirements for filing on Form
  S-8
  and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the city of Toronto, Ontario, Canada
  on the 19
  th
  day of August, 2024.
  LI-CYCLE
  HOLDINGS CORP.
  By:
  /s/ Ajay Kochhar
  Name: Ajay Kochhar
  Title: President & CEO and Executive Director
  POWER OF ATTORNEY
  KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below hereby constitutes and appoints each of Ajay Kochhar, Craig
  Cunningham and Carl DeLuca as his or her true and lawful
  attorney-in-fact
  and agent, with full power of substitution and
  re-substitution,
  for him or her and in his or her name, place, and stead, in any and all capacities, to sign any and all amendments to the Registration Statement, including post-effective amendments, and
  registration statements filed pursuant to Rule 462 under the Securities Act, and to file the same, with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said
  attorney-in-fact
  and agent full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, as fully to
  all intents and purposes as he or she might or could do in person, hereby ratifying and confirming that said
  attorney-in-fact
  and agent, or his or her substitute or
  substitutes, may lawfully do or cause to be done by virtue hereof.
  Pursuant to the requirements of the Securities Act of 1933, this
  Registration Statement has been signed below by the following persons in the capacities and on the dates indicated:
  Signature
  Title
  Date
  /s/ Ajay Kochhar
  President & Chief Executive Officer and Executive Director
  August 19, 2024
  Ajay Kochhar
  (Principal Executive Officer)
  /s/ Craig Cunningham
  Chief Financial Officer
  August 19, 2024
  Craig Cunningham
  (Principal Financial Officer and Principal Accounting Officer)
  /s/ Mark Wellings
  Director
  August 19, 2024
  Mark Wellings
  /s/ Jacqueline Dedo
  Director
  August 19, 2024
  Jacqueline Dedo
  /s/ Scott Prochazka
  Director
  August 19, 2024
  Scott Prochazka
  /s/ Anthony Tse
  Director
  August 19, 2024
  Anthony Tse
  17
  /s/ Susan Alban
  Director
  August 19, 2024
  Susan Alban
  /s/ Diane Pearse
  Director
  August 19, 2024
  Diane Pearse
  /s/ Kunal Sinha
  Director
  August 19, 2024
  Kunal Sinha
  AUTHORIZED REPRESENTATIVE
  Pursuant to the requirements of the Securities Act of 1933, this registration statement has been signed by the undersigned as the duly undersigned
  representative in the United States of
  Li-Cycle
  Holdings Corp., in the City of Newark, State of Delaware on August 19, 2024.
  PUGLISI & ASSOCIATES.
  By:
  /s/ Donald J. Puglisi
  Name: Donald Puglisi
  Title: Managing
  Director
  18