Loop Industries SEC Filings

Loop Industries (LOOP)100,000 stock options on 10/17/2025 at an exercise price of $1.72 per share, held direct. The options expire on 10/17/2035.

The grant vests in three equal annual tranches on October 17, 2026, October 17, 2027, and October 17, 2028, contingent on continued employment. Following the transaction, 100,000 derivative securities were beneficially owned.

Loop Industries (LOOP) filed a Form 3 reporting Interim CFO Mike De Notaris’s initial beneficial ownership. He beneficially owns 20,828 shares of common stock, consisting of 2,000 shares and 18,828 restricted stock units (RSUs). 10,828 RSUs vest on March 9, 2027, and 8,000 vest in equal annual tranches on March 7 each year from 2026 through 2029, subject to continued employment. Each RSU represents the right to receive one share of common stock.

Loop Industries (LOOP) reported a director equity award on a Form 4. On 10/17/2025, the reporting person received 17,311 restricted stock units (RSUs) at $0 price. Each RSU represents the right to receive one share of common stock.

The RSUs fully vest on the earlier of the one-year anniversary of the annual general meeting or the day prior to the next annual meeting after the grant date, contingent on continued service as a non-employee director. Following this grant, beneficial ownership is 447,361 shares, held directly.

Loop Industries reported Q2 FY2026 results showing minimal revenue and narrower losses. For the three months ended August 31, 2025, revenue was $0 (vs. $23 thousand a year ago) and net loss was $3.2 million (vs. $4.8 million). For the six months, revenue reached $252 thousand (vs. $29 thousand) while net loss improved to $6.7 million (vs. $10.0 million).

Cash and cash equivalents were $7.3 million as of August 31, 2025, with total available liquidity of $9.9 million including an undrawn $2.5 million Canadian credit facility. Operating cash outflow was $5.6 million for the six months. Stockholders’ equity moved to a deficit of $5.5 million, reflecting ongoing losses and a Series B Convertible Preferred Stock balance of $11.3 million, which accrued $681 thousand of PIK dividends year-to-date.

The company recorded $244 thousand of engineering services revenue tied to its India joint venture and recognized a $345 thousand loss from equity-accounted investments. The India facility is estimated at $176 million, with land arrangements in Gujarat advancing and groundbreaking targeted by fiscal year-end 2026. As of October 14, 2025, common shares outstanding were 48,043,068.

Loop Industries entered into a Securityholders Agreement with Reed Circular Economy (RCE) on September 23, 2025 to govern Infinite Loop Europe SAS, a French JV created to develop, finance, construct, own, operate and commercialize chemical upcycling plants using Loop's technology in Europe. RCE and Loop own the JV on a 90/10 basis. RCE provided the JV a €10 million shareholder loan that accrues payment-in-kind interest at 11.9% per annum and matures December 27, 2027. Loop retains ownership of its intellectual property while granting the JV limited usage rights and has the right to acquire up to 50% of project equity subject to binding funding commitments. The Board will have four directors with Loop entitled to nominate one; RCE proposes the CEO. The agreement includes priority rights for the JV to evaluate European projects, financing arrangements between shareholders, transfer restrictions and customary ROFR, tag-along and drag-along rights.

Loop Industries, Inc. disclosed that on September 1, 2025 it entered a multi-year off-take agreement with affiliates of a leading sports apparel company to supply minimum volumes of its circular polyester resin branded “Twist”. The supply is conditioned on the Company’s planned Infinite Loop™ India facility becoming operational, and deliveries will occur at an agreed price once that facility is online. The filing does not disclose the contracted volumes, price, or expected facility start date, and contains no financial or timing specifics beyond the agreement’s existence.

Loop Industries entered an offtake agreement with Italy-based Taro Plast s.p.a. to supply agreed volumes of its 100% recycled, virgin-quality Loop™ Dimethyl Terephthalate (DMT). The DMT will be produced using Loop's proprietary depolymerization technology at the company's planned Infinite Loop™ facility in India and supplied to Taro Plast once that facility becomes operational. The filing does not disclose volumes, pricing, timing for the plant start-up, or other commercial terms.

Loop Industries reported that its 50%-owned India joint venture, Ester Loop Infinite Technologies Private Limited, entered an agreement to acquire approximately 93 acres in Gujarat, India for development of an Infinite Loop™ manufacturing facility. The sellers will consolidate parcels, obtain governmental approvals, and construct a bituminous access road before transferring clear, marketable title to the India JV. The sellers must complete acquisition, consolidation, approvals, and title transfer within five months of the agreement unless the India JV elects to extend.

The purchase price is 9,072,000 Indian rupees per acre (approximately US $103,720 per acre), paid partly as advance payments secured by equitable mortgages with the balance due on transfer of title. The agreement contains customary representations, warranties, covenants, termination rights, and the India JV’s rights to reject parcels lacking approvals or to terminate and obtain refunds if parcels are not contiguous or other specified defaults occur.