Loop Industries Files 8-K on Shareholder Matters
Ticker: LOOP · Form: 8-K · Filed: Jul 3, 2024 · CIK: 1504678
Sentiment: neutral
Topics: corporate-governance, shareholder-vote
TL;DR
Loop Industries held a shareholder vote on June 28th. Details filed July 3rd.
AI Summary
Loop Industries, Inc. filed an 8-K on July 3, 2024, reporting on matters submitted to a vote of security holders as of June 28, 2024. The filing details the company's corporate structure and principal executive offices located in Terrebonne, Quebec, Canada.
Why It Matters
This filing indicates that Loop Industries held a vote of its security holders, which is a standard corporate governance event that can signal important decisions or approvals affecting the company's direction.
Risk Assessment
Risk Level: low — This is a routine 8-K filing reporting on a shareholder vote, not indicating any immediate financial distress or significant operational changes.
Key Players & Entities
- Loop Industries, Inc. (company) — Registrant
- June 28, 2024 (date) — Date of earliest event reported
- July 3, 2024 (date) — Filing Date
- Terrebonne, Quebec, Canada (location) — Principal executive offices
FAQ
What specific matters were submitted to a vote of Loop Industries' security holders?
The filing states that the 8-K is for 'Submission of Matters to a Vote of Security Holders' but does not detail the specific proposals voted upon in the provided text.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on June 28, 2024.
What is the principal executive office address for Loop Industries, Inc.?
The principal executive offices are located at 480 Fernand-Poitras, Terrebonne, Quebec, Canada, J6Y 1Y4.
What is Loop Industries' state of incorporation?
Loop Industries, Inc. is incorporated in Nevada.
What is the Commission File Number for Loop Industries?
The Commission File Number for Loop Industries is 001-38301.
Filing Stats: 682 words · 3 min read · ~2 pages · Grade level 14.2 · Accepted 2024-07-03 16:25:57
Key Financial Figures
- $0.0001 — ch registered Common stock, par value $0.0001 per share LOOP The Nasdaq Stock Mar
Filing Documents
- loop_8k.htm (8-K) — 40KB
- 0001654954-24-008611.txt ( ) — 161KB
- loop-20240628.xsd (EX-101.SCH) — 6KB
- loop-20240628_lab.xml (EX-101.LAB) — 14KB
- loop-20240628_cal.xml (EX-101.CAL) — 1KB
- loop-20240628_pre.xml (EX-101.PRE) — 9KB
- loop-20240628_def.xml (EX-101.DEF) — 2KB
- loop_8k_htm.xml (XML) — 4KB
07. Submission of Matters to a Vote of Security Holders
Item 5.07. Submission of Matters to a Vote of Security Holders. The 2024 Annual Meeting of Stockholders (the "2024 Annual Meeting") of Loop Industries, Inc. (the "Company") was held virtually on June 28, 2024. At the 2024 Annual Meeting, the Company's stockholders elected Laurent Auguste, Jonghyuk Lee, Louise Sams, Laurence Sellyn and Jay Stubina to serve as members of the Board of Directors of the Company (the "Board") until the 2025 Annual Meeting of Stockholders or until their respective successors have been elected and qualified. On June 27, 2024, Daniel Solomita was elected to the Board upon the affirmative vote of the sole holder of the Company's Series A Preferred Stock, resulting in a total of six directors. In addition, the Company's stockholders took the following actions at the 2024 Annual Meeting: (i) the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for the fiscal year ending February 28, 2025 was ratified; and (ii) a proposal for advisory approval of the compensation of the Company's named executive officers as disclosed in the proxy statement was approved. The proposals below are described in detail in the Company's definitive proxy statement dated May 29, 2024. The voting results for each proposal were as follows: Proposal 1: Election of five directors to hold office until the 2025 Annual Meeting of Stockholders or until their respective successors have been elected and qualified: For Withheld Broker Non-Votes Laurent Auguste 99,113,775 235,542 4,817,689 Jonghyuk Lee 99,102,014 247,303 4,817,689 Louise Sams 99,084,947 264,370 4,817,689 Laurence Sellyn 99,185,702 163,615 4,817,689 Jay Stubina 99,060,401 288,916 4,817,689 Proposal 2: Ratification of the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for the fiscal year ending February 28, 2025: For Against Abstain 104,145,766 13,256
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. LOOP INDUSTRIES, INC. Date: July 3, 2024 By: /s/ Fady Mansour Fady Mansour Chief Financial Officer -3-