# EDGAR Filing Document

**Accession Number:** 0001824519
**File Stem:** 0001193125-23-026967
**Filing Date:** 2023-2
**Character Count:** 15846
**Document Hash:** 12266021e51b0b5665cca5179ac81211
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-23-026967.hdr.sgml**: 20230207

**ACCESSION NUMBER**: 0001193125-23-026967

**CONFORMED SUBMISSION TYPE**: SC 13G/A

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230207

**DATE AS OF CHANGE**: 20230207

**GROUP MEMBERS**: CARNELIAN ENERGY CAPITAL HOLDINGS, LLC

**GROUP MEMBERS**: DANIEL GOODMAN

**GROUP MEMBERS**: TOMAS ACKERMAN

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Li-Cycle Holdings Corp.
- **CENTRAL INDEX KEY:** 0001828811
- **STANDARD INDUSTRIAL CLASSIFICATION:** HAZARDOUS WASTE MANAGEMENT [4955]
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** A6
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** SC 13G/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-92789
- **FILM NUMBER:** 23595402

**BUSINESS ADDRESS:**
- **STREET 1:** C/O LI-CYCLE CORP.
- **STREET 2:** 10-2351 ROYAL WINDSOR DRIVE
- **CITY:** MISSISSAUGA
- **STATE:** A6
- **ZIP:** L5J 4S7
- **BUSINESS PHONE:** 4165833509

**MAIL ADDRESS:**
- **STREET 1:** C/O LI-CYCLE CORP.
- **STREET 2:** 10-2351 ROYAL WINDSOR DRIVE
- **CITY:** MISSISSAUGA
- **STATE:** A6
- **ZIP:** L5J 4S7
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PERIDOT ACQUISITION SPONSOR, LLC
- **CENTRAL INDEX KEY:** 0001824519
- **IRS NUMBER:** 852484128
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC 13G/A

**BUSINESS ADDRESS:**
- **STREET 1:** 2229 SAN FELIPE STREET, SUITE 1450
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77019
- **BUSINESS PHONE:** (713) 322-7310

**MAIL ADDRESS:**
- **STREET 1:** 2229 SAN FELIPE STREET, SUITE 1450
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77019

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**UNITED STATES** 

**SECURITIES AND EXCHANGE COMMISSION** 

**WASHINGTON, D.C. 20549** 

------

**SCHEDULE 13G** 

**UNDER THE SECURITIES EXCHANGE ACT OF 1934** 

**(Amendment No. 1)\*** 

------

## Li-Cycle Holdings Corp.
**(Name of Issuer)** 

**Common Shares without par value** 

**(Title of Class of Securities)** 

**50202P105** 

**(CUSIP Number)** 

**December 31, 2022** 

**(Date of Event Which Requires Filing of this Statement)** 

------

Check the Appropriate Box to Designate the Rule Pursuant to Which this Schedule Is Filed:

☐ Rule 13d-1(b)

☐ Rule 13d-1(c)

☒ Rule 13d-1(d)

\* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the *Notes*).

------

1. &nbsp;&nbsp;&nbsp;&nbsp; Names of Reporting Persons &nbsp;&nbsp;&nbsp;&nbsp; Peridot Acquisition Sponsor, LLC

2. &nbsp;&nbsp;&nbsp;&nbsp; Check The Appropriate Box
if a Member of a Group (See Instructions) &nbsp;&nbsp;&nbsp;&nbsp; (a) ☐ (b) ☒

3. &nbsp;&nbsp;&nbsp;&nbsp; SEC Use Only

4. &nbsp;&nbsp;&nbsp;&nbsp; Citizenship or Place of
Organization &nbsp;&nbsp;&nbsp;&nbsp; Delaware

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp; Number of<br> Shares<br> Beneficially <br> Owned By<br> Each<br> Reporting<br> Person<br> With | 5. | &nbsp;&nbsp;&nbsp;&nbsp;Sole Voting Power<br>&nbsp;&nbsp;&nbsp;&nbsp;0 |
| &nbsp;&nbsp;&nbsp; Number of<br> Shares<br> Beneficially <br> Owned By<br> Each<br> Reporting<br> Person<br> With | 6. | &nbsp;&nbsp;&nbsp;&nbsp;Shared Voting Power<br>&nbsp;&nbsp;&nbsp;&nbsp;8,256,066<sup>(1)</sup> |
| &nbsp;&nbsp;&nbsp; Number of<br> Shares<br> Beneficially <br> Owned By<br> Each<br> Reporting<br> Person<br> With | 7. | &nbsp;&nbsp;&nbsp;&nbsp;Sole Dispositive Power<br>&nbsp;&nbsp;&nbsp;&nbsp;0 |
| &nbsp;&nbsp;&nbsp; Number of<br> Shares<br> Beneficially <br> Owned By<br> Each<br> Reporting<br> Person<br> With | 8. | &nbsp;&nbsp;&nbsp;&nbsp;Shared Dispositive Power<br>&nbsp;&nbsp;&nbsp;&nbsp;8,256,066<sup>(1)</sup> |

---

9. &nbsp;&nbsp;&nbsp;&nbsp; Aggregate Amount Beneficially Owned by Each Reporting Person &nbsp;&nbsp;&nbsp;&nbsp; 8,256,066<sup>(1)</sup>

10. &nbsp;&nbsp;&nbsp;&nbsp; Check Box if the Aggregate
Amount in Row (9) Excludes Certain Shares &nbsp;&nbsp;&nbsp;&nbsp; ☐

11. &nbsp;&nbsp;&nbsp;&nbsp; Percent of Class
Represented By Amount in Row (9) &nbsp;&nbsp;&nbsp;&nbsp; 4.69 **%** <sup>(2)</sup>

12. &nbsp;&nbsp;&nbsp;&nbsp; Type of Reporting Person
(See Instructions) &nbsp;&nbsp;&nbsp;&nbsp; OO

(1) Represents 8,256,066 Common Shares.

(2) Calculated based on 175,956,545 Common Shares outstanding as of October 31, 2022 as reported on the
Issuer's annual report on Form 20-F, filed on February 6, 2023.

------

1. &nbsp;&nbsp;&nbsp;&nbsp; Names of Reporting Persons &nbsp;&nbsp;&nbsp;&nbsp; Carnelian Energy Capital Holdings, LLC

2. &nbsp;&nbsp;&nbsp;&nbsp; Check The Appropriate Box
if a Member of a Group (See Instructions) &nbsp;&nbsp;&nbsp;&nbsp; (a) ☐ (b) ☒

3. &nbsp;&nbsp;&nbsp;&nbsp; SEC Use Only

4. &nbsp;&nbsp;&nbsp;&nbsp; Citizenship or Place of
Organization &nbsp;&nbsp;&nbsp;&nbsp; Delaware

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp; Number of<br> Shares<br> Beneficially <br> Owned By<br> Each<br> Reporting<br> Person<br> With | 5. | &nbsp;&nbsp;&nbsp;&nbsp;Sole Voting Power<br>&nbsp;&nbsp;&nbsp;&nbsp;0 |
| &nbsp;&nbsp;&nbsp; Number of<br> Shares<br> Beneficially <br> Owned By<br> Each<br> Reporting<br> Person<br> With | 6. | &nbsp;&nbsp;&nbsp;&nbsp;Shared Voting Power<br>&nbsp;&nbsp;&nbsp;&nbsp;8,256,066<sup>(1)</sup> |
| &nbsp;&nbsp;&nbsp; Number of<br> Shares<br> Beneficially <br> Owned By<br> Each<br> Reporting<br> Person<br> With | 7. | &nbsp;&nbsp;&nbsp;&nbsp;Sole Dispositive Power<br>&nbsp;&nbsp;&nbsp;&nbsp;0 |
| &nbsp;&nbsp;&nbsp; Number of<br> Shares<br> Beneficially <br> Owned By<br> Each<br> Reporting<br> Person<br> With | 8. | &nbsp;&nbsp;&nbsp;&nbsp;Shared Dispositive Power<br>&nbsp;&nbsp;&nbsp;&nbsp;8,256,066<sup>(1)</sup> |

---

9. &nbsp;&nbsp;&nbsp;&nbsp; Aggregate Amount Beneficially Owned by Each Reporting Person &nbsp;&nbsp;&nbsp;&nbsp; 8,256,066<sup>(1)</sup>

10. &nbsp;&nbsp;&nbsp;&nbsp; Check Box if the Aggregate
Amount in Row (9) Excludes Certain Shares &nbsp;&nbsp;&nbsp;&nbsp; ☐

11. &nbsp;&nbsp;&nbsp;&nbsp; Percent of Class
Represented By Amount in Row (9) &nbsp;&nbsp;&nbsp;&nbsp; 4.69 **%** <sup>(2)</sup>

12. &nbsp;&nbsp;&nbsp;&nbsp; Type of Reporting Person
(See Instructions) &nbsp;&nbsp;&nbsp;&nbsp; OO

(1) Represents 8,256,066 Common Shares.

(2) Calculated based on 175,956,545 Common Shares outstanding as of October 31, 2022 as reported on the
Issuer's annual report on Form 20-F, filed on February 6, 2023.

------

1. &nbsp;&nbsp;&nbsp;&nbsp; Names of Reporting Persons &nbsp;&nbsp;&nbsp;&nbsp; Tomas Ackerman

2. &nbsp;&nbsp;&nbsp;&nbsp; Check The Appropriate Box
if a Member of a Group (See Instructions) &nbsp;&nbsp;&nbsp;&nbsp; (a) ☐ (b) ☒

3. &nbsp;&nbsp;&nbsp;&nbsp; SEC Use Only

4. &nbsp;&nbsp;&nbsp;&nbsp; Citizenship or Place of
Organization &nbsp;&nbsp;&nbsp;&nbsp; United States of
America

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp; Number of<br> Shares<br> Beneficially <br> Owned By<br> Each<br> Reporting<br> Person<br> With | 5. | &nbsp;&nbsp;&nbsp;&nbsp;Sole Voting Power<br>&nbsp;&nbsp;&nbsp;&nbsp;0 |
| &nbsp;&nbsp;&nbsp; Number of<br> Shares<br> Beneficially <br> Owned By<br> Each<br> Reporting<br> Person<br> With | 6. | &nbsp;&nbsp;&nbsp;&nbsp;Shared Voting Power<br>&nbsp;&nbsp;&nbsp;&nbsp;8,256,066<sup>(1)</sup> |
| &nbsp;&nbsp;&nbsp; Number of<br> Shares<br> Beneficially <br> Owned By<br> Each<br> Reporting<br> Person<br> With | 7. | &nbsp;&nbsp;&nbsp;&nbsp;Sole Dispositive Power<br>&nbsp;&nbsp;&nbsp;&nbsp;0 |
| &nbsp;&nbsp;&nbsp; Number of<br> Shares<br> Beneficially <br> Owned By<br> Each<br> Reporting<br> Person<br> With | 8. | &nbsp;&nbsp;&nbsp;&nbsp;Shared Dispositive Power<br>&nbsp;&nbsp;&nbsp;&nbsp;8,256,066<sup>(1)</sup> |

---

9. &nbsp;&nbsp;&nbsp;&nbsp; Aggregate Amount Beneficially Owned by Each Reporting Person &nbsp;&nbsp;&nbsp;&nbsp; 8,256,066<sup>(1)</sup>

10. &nbsp;&nbsp;&nbsp;&nbsp; Check Box if the Aggregate
Amount in Row (9) Excludes Certain Shares &nbsp;&nbsp;&nbsp;&nbsp; ☐

11. &nbsp;&nbsp;&nbsp;&nbsp; Percent of Class
Represented By Amount in Row (9) &nbsp;&nbsp;&nbsp;&nbsp; 4.69 **%** <sup>(2)</sup>

12. &nbsp;&nbsp;&nbsp;&nbsp; Type of Reporting Person
(See Instructions) &nbsp;&nbsp;&nbsp;&nbsp; IN

(1) Represents 8,256,066 Common Shares.

(2) Calculated based on 175,956,545 Common Shares outstanding as of October 31, 2022 as reported on the
Issuer's annual report on Form 20-F, filed on February 6, 2023.

------

1. &nbsp;&nbsp;&nbsp;&nbsp; Names of Reporting Persons &nbsp;&nbsp;&nbsp;&nbsp; Daniel Goodman

2. &nbsp;&nbsp;&nbsp;&nbsp; Check The Appropriate Box
if a Member of a Group (See Instructions) &nbsp;&nbsp;&nbsp;&nbsp; (a) ☐ (b) ☒

3. &nbsp;&nbsp;&nbsp;&nbsp; SEC Use Only

4. &nbsp;&nbsp;&nbsp;&nbsp; Citizenship or Place of
Organization &nbsp;&nbsp;&nbsp;&nbsp; United States of
America

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp; Number of<br> Shares<br> Beneficially <br> Owned By<br> Each<br> Reporting<br> Person<br> With | 5. | &nbsp;&nbsp;&nbsp;&nbsp;Sole Voting Power<br>&nbsp;&nbsp;&nbsp;&nbsp;0 |
| &nbsp;&nbsp;&nbsp; Number of<br> Shares<br> Beneficially <br> Owned By<br> Each<br> Reporting<br> Person<br> With | 6. | &nbsp;&nbsp;&nbsp;&nbsp;Shared Voting Power<br>&nbsp;&nbsp;&nbsp;&nbsp;8,256,066<sup>(1)</sup> |
| &nbsp;&nbsp;&nbsp; Number of<br> Shares<br> Beneficially <br> Owned By<br> Each<br> Reporting<br> Person<br> With | 7. | &nbsp;&nbsp;&nbsp;&nbsp;Sole Dispositive Power<br>&nbsp;&nbsp;&nbsp;&nbsp;0 |
| &nbsp;&nbsp;&nbsp; Number of<br> Shares<br> Beneficially <br> Owned By<br> Each<br> Reporting<br> Person<br> With | 8. | &nbsp;&nbsp;&nbsp;&nbsp;Shared Dispositive Power<br>&nbsp;&nbsp;&nbsp;&nbsp;8,256,066<sup>(1)</sup> |

---

9. &nbsp;&nbsp;&nbsp;&nbsp; Aggregate Amount Beneficially Owned by Each Reporting Person &nbsp;&nbsp;&nbsp;&nbsp; 8,256,066<sup>(1)</sup>

10. &nbsp;&nbsp;&nbsp;&nbsp; Check Box if the Aggregate
Amount in Row (9) Excludes Certain Shares &nbsp;&nbsp;&nbsp;&nbsp; ☐

11. &nbsp;&nbsp;&nbsp;&nbsp; Percent of Class
Represented By Amount in Row (9) &nbsp;&nbsp;&nbsp;&nbsp; 4.69 **%** <sup>(2)</sup>

12. &nbsp;&nbsp;&nbsp;&nbsp; Type of Reporting Person
(See Instructions) &nbsp;&nbsp;&nbsp;&nbsp; IN

(1) Represents 8,256,066 Common Shares.

(2) Calculated based on 175,956,545 Common Shares outstanding as of October 31, 2022 as reported on the
Issuer's annual report on Form 20-F, filed on February 6, 2023.

------

---

| | |
|:---|:---|
| **Item 1(a).** | **Name of Issuer** |
|  | Li-Cycle Holdings Corp. (the "Issuer") |
| **Item 1(b).** | **Address of the Issuer's Principal Executive Offices** |
|  | C/O Li-Cycle Corp.<br> 10-2351 Royal Windsor Drive<br> Mississauga, Ontario<br> Canada, L5J 4S7 |
| **Item 2(a).** | **Names of Persons Filing** |
|  | This statement is filed by the entities and persons listed below, all of whom together are referred to herein as the "<u>Reporting Persons</u>":<br>(i) Peridot Acquisition Sponsor, LLC<br>(ii) Carnelian Energy Capital Holdings, LLC<br>(iii) Tomas Ackerman<br>(iv) Daniel Goodman |
| **Item 2(b).** | **Address of the Principal Business Office, or if none, Residence:** |
|  | 2229 San Felipe Street, Suite 1450<br> Houston, TX 77019 |
| **Item 2(c).** | **Citizenship** |
|  | See responses to Item 4 on each cover page. |
| **Item 2(d).** | **Title of Class of Securities** |
|  | Common Shares without par value |
| **Item 2(e).** | **CUSIP Number** |
|  | 50202P105 |
| **Item 3.** | **If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a(n):** |
|  | Not Applicable. |
| **Item 4.** | **Ownership**<br>**(a) Amount beneficially owned**<br>See responses to Item 9 on each cover page.<br>**(b) Percent of Class**<br>See responses to Item 11 on each cover page.<br>**(c) Number of shares as to which the Reporting Person has:** |

---

------

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| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **(i) Sole power to vote or to direct the vote:**<br>See responses to Item 5 on each cover page.<br>**(ii) Shared power to vote or to direct the vote:**<br>See responses to Item 6 on each cover page.<br>**(iii) Sole power to dispose or to direct the disposition of:**<br>See responses to Item 7 on each cover page.<br>**(iv) Shared power to dispose or to direct the disposition of:**<br>See responses to Item 8 on each cover page. <br>This Schedule 13G is being filed by Peridot Acquisition Sponsor, LLC (the "Sponsor"). The Sponsor is controlled by its managing member, CEC Aventurine Holdings, LLC ("Aventurine Holdings") and Aventurine Holdings is controlled by Carnelian Energy Capital III, L.P. ("Carnelian Fund III"), its sole member. Carnelian Fund III is controlled by its general partner, Carnelian Energy Capital GP III, L.P. ("Carnelian L.P.") and Carnelian L.P. is controlled by its general partner Carnelian Energy Capital Holdings, LLC ("Carnelian Holdings"). Messrs. Tomas Ackerman and Daniel Goodman are the controlling members of Carnelian Holdings. Accordingly, all of the shares held by the Sponsor may be deemed to be beneficially held by Aventurine Holdings, Carnelian Fund III, Carnelian L.P., Carnelian Holdings and Messrs. Ackerman and Goodman. Each such entity or person disclaims beneficial ownership of these securities. The filing of this Statement shall not be construed as an admission that any of the Reporting Persons is, for the purpose of Section 13(d) or 13(g) of the Exchange Act, the beneficial owner of any securities covered by this Statement. |
| **Item 5.** | **Ownership of Five Percent or Less of a Class** |
|  | If this statement is being filed to report the fact that as of the date hereof the Reporting Persons have ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following ☒. |
| **Item 6.** | **Ownership of More than Five Percent on Behalf of Another Person** |
|  | Not Applicable. |
| **Item 7.** | **Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company** |
|  | Not Applicable. |
| **Item 8.** | **Identification and Classification of Members of the Group** |
|  | Not Applicable. |
| **Item 9.** | **Notice of Dissolution of Group** |
|  | Not Applicable. |

---

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**SIGNATURE** 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated: February 7, 2023

---

| | |
|:---|:---|
| **PERIDOT ACQUISITION SPONSOR, LLC** | **PERIDOT ACQUISITION SPONSOR, LLC** |
| By: | /s/ Jeffrey Gilbert |
| Name: Jeffrey Gilbert | Name: Jeffrey Gilbert |
| Title: General Counsel and Corporate Secretary | Title: General Counsel and Corporate Secretary |
| **CARNELIAN ENERGY CAPITAL HOLDINGS, LLC** | **CARNELIAN ENERGY CAPITAL HOLDINGS, LLC** |
| By: | /s/ Tomas Ackerman |
| Name: Tomas Ackerman | Name: Tomas Ackerman |
| Title: Managing Member | Title: Managing Member |
| By: | /s/ Daniel Goodman |
| Name: Daniel Goodman | Name: Daniel Goodman |
| Title: Managing Member | Title: Managing Member |
| **TOMAS ACKERMAN** | **TOMAS ACKERMAN** |
| By: | /s/ Tomas Ackerman |
| Name: Tomas Ackerman | Name: Tomas Ackerman |
| **DANIEL GOODMAN** | **DANIEL GOODMAN** |
| By: | /s/ Daniel Goodman |
| Name: Daniel Goodman | Name: Daniel Goodman |

---