Bankruptcy: Glencore plc

Form Type: SCHEDULE 13D/A

Filing Date: 2025-05-16

Corporate Action: Bankruptcy

Type: Update

Accession Number: 000114036125019566

Filing Summary: This document is an update to the Schedule 13D originally filed, concerning Glencore plc's ownership interest in Li-Cycle Holdings Corp. The document details a recent bankruptcy filing by Li-Cycle, which has sought protection under Canada's Companies' Creditors Arrangement Act, as well as initiated ancillary bankruptcy proceedings in the U.S. Upon this, Glencore Canada Corporation has entered into an Equity and Asset Purchase Agreement to acquire certain assets of Li-Cycle as part of the bankruptcy process. Additionally, it discusses various corporate governance matters and possible future actions related to the ongoing disposal of assets and negotiation with stakeholders as proceedings unfold in the bankruptcy context.