Press Release

Kirkland Advises Peridot on Combination with Li-Cycle

Kirkland & Ellis counseled Peridot Acquisition Corp. (“Peridot”) (NYSE: PDAC), a publicly-traded special purpose acquisition company sponsored by Carnelian Energy Capital, on its combination agreement with Li-Cycle Corp., a commercial leader in lithium-ion battery resource recovery, that will result in Li-Cycle becoming a public company. Upon closing of the transaction, the combined company will be renamed Li-Cycle Holdings Corp. and will be listed on the New York Stock Exchange under the new ticker symbol “LICY.” 

Read Li-Cycle’s press release

The Kirkland team was led by transactional partners Debbie Yee, John Pitts and Allan Kirk and associates Zach Savrick, Maggie Hoffman, Abbey Zuech and Dominic Manser; capital markets associates Atma Kabad and Erin Eberle; tax partners David Wheat and Steve Butler and associates Joe Tobias and Nicole Dressler; executive compensation partners Stephen Jacobson and Stephanie Jeane and associate Karsten Busby; technology & IP transactions partners Frank Wei and Aaron Lorber and associate Seth Pritchard; and environmental transactions partner Alex Farmer and associate James Dolphin.