Peridot (PDAC) Shareholders Approve Li-Cycle Deal
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Peridot (NYSE:PDAC) shareholders have approved its combination with battery recycler Li-Cycle Corp. at a special meeting earlier today. The press release reported that only 11% of the total shares were redeemed and approximately 89% of funds will remain in PDAC’s trust account as of closing. As a result, Li-Cycle expects to receive approximately $580 million
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