Loop Industries Confirms Nasdaq Listing for Common Stock
Ticker: LOOP · Form: 8-K · Filed: Jan 17, 2024 · CIK: 1504678
Complexity: simple
Sentiment: neutral
Topics: regulatory-filing, stock-listing, compliance
TL;DR
**Loop Industries' common stock remains listed on Nasdaq.**
AI Summary
Loop Industries, Inc. filed an 8-K on January 17, 2024, reporting an event that occurred on January 16, 2024. This filing indicates that the company's common stock, with a par value of $0.0001 per share, is registered on the Nasdaq Global Market under the trading symbol LOOP. This matters to investors because it confirms the company's continued listing and compliance with exchange requirements, providing transparency about its publicly traded status.
Why It Matters
This filing confirms Loop Industries' continued listing on the Nasdaq Global Market, which is crucial for investor confidence and liquidity of its common stock.
Risk Assessment
Risk Level: low — This filing is largely administrative, confirming existing information about the company's stock listing, and does not introduce new financial risks.
Analyst Insight
A smart investor would note this filing as a routine compliance update, confirming the company's continued public listing, and would look for more substantive financial or operational news for investment decisions.
Key Numbers
- $0.0001 — Par value per share (This is the nominal value assigned to each share of common stock.)
Key Players & Entities
- Loop Industries, Inc. (company) — the registrant filing the 8-K
- Nasdaq Global Market (company) — the exchange where Loop Industries' common stock is registered
- $0.0001 (dollar_amount) — par value per share of common stock
- January 16, 2024 (date) — date of the earliest event reported
- January 17, 2024 (date) — date the 8-K was filed
Forward-Looking Statements
- Loop Industries will continue to maintain its listing on the Nasdaq Global Market. (Loop Industries, Inc.) — high confidence, target: Ongoing
FAQ
What is the exact name of the registrant as specified in its charter?
The exact name of the registrant as specified in its charter is LOOP INDUSTRIES, INC.
On what date was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on January 16, 2024.
What is the trading symbol for Loop Industries, Inc. common stock?
The trading symbol for Loop Industries, Inc. common stock is LOOP.
On which exchange is Loop Industries, Inc. common stock registered?
Loop Industries, Inc. common stock is registered on the Nasdaq Global Market.
What is the par value per share of Loop Industries, Inc. common stock?
The par value per share of Loop Industries, Inc. common stock is $0.0001.
Filing Stats: 800 words · 3 min read · ~3 pages · Grade level 10.5 · Accepted 2024-01-17 07:00:23
Key Financial Figures
- $0.0001 — ch registered Common stock, par value $0.0001 per share LOOP Nasdaq Global Market
Filing Documents
- loop_8k.htm (8-K) — 27KB
- loop_ex991.htm (EX-99.1) — 261KB
- loop_ex992.htm (EX-99.2) — 20KB
- 0001654954-24-000642.txt ( ) — 458KB
- loop-20240116.xsd (EX-101.SCH) — 6KB
- loop-20240116_lab.xml (EX-101.LAB) — 14KB
- loop-20240116_cal.xml (EX-101.CAL) — 1KB
- loop-20240116_pre.xml (EX-101.PRE) — 9KB
- loop-20240116_def.xml (EX-101.DEF) — 2KB
- loop_8k_htm.xml (XML) — 4KB
02. Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition On January 16, 2024, Loop Industries, Inc. (the "Company") issued a press release announcing its financial results for the third quarter of fiscal year ending February 29, 2024. A copy of the Company's press release is attached hereto as Exhibit 99.1. The information in this Form 8-K (including Exhibit 99.1) shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or incorporated by reference in any filing under the Securities Act of 1933, as amended (the "Securities Act"), or the Exchange Act, except as expressly set forth by specific reference in such a filing.
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. On January 16, 2024, the Company issued a press release announcing that the Company signed a non-binding Memorandum of Understanding ("MOU") with Reed, a European investment firm focused on high impact and technology-enabled infrastructure. A copy of the press release is being furnished as Exhibit 99.2 and is incorporated herein by reference. To satisfy its obligations under Regulation FD, Loop Industries, Inc. is furnishing an investor presentation, which is separately being provided to investors. The presentation slides will be posted on our web site (http://www.loopindustries.com/en/investors/home). The forward-looking statements disclosure included in the presentation slides is incorporated into this Item 7.01 by reference. Investors and others should note that we announce material financial information to our investors using our investor relations web site (http://www.loopindustries.com/investors/overview), SEC filings, press releases, public conference calls and webcasts. We use these channels, as well as social media, to communicate with our members and the public about our company, our services and other issues. It is possible that the information we post on social media could be deemed to be material information. Therefore, we encourage investors, the media, and others interested in our company to review the information we post on the United States social media channels listed on our investor relations web site. The information contained in this Item 7.01 of this Current Report on Form 8-K, including Exhibits 99.1 and 99.2 attached hereto, is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act or the Exchange Act, except as expressly set forth by specific reference in such filing.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description 99.1 Press Release, dated January 16, 2024, announcing financial results for the third quarter. 99.2 Press Release, dated January 16, 2024, announcing signing of MOU with Reed. 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. LOOP INDUSTRIES, INC. Date: January 17, 2024 By: /s/ Fady Mansour Fady Mansour Chief Financial Officer 3