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ATL431LI: For Li battery in 3.3V out application

Part Number: ATL431LI
Other Parts Discussed in Thread: BQ32000, , REF3333

Hi team,

I want to use ATL431LI to achieve a li battery in(3.7 to 4.2V) 3.3V out application, the load is BQ32000.

Does this circuit work? What is the min dropout voltage of this circuit?