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.”
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.
