Loop Industries (NASDAQ: LOOP) warned on Nasdaq value and bid price rules
Rhea-AI Filing Summary
Loop Industries, Inc. reported that Nasdaq’s Listing Qualifications Department issued two deficiency notices regarding its Nasdaq Global Market listing. The first states the company’s Market Value of Listed Securities was below $50 million for 30 consecutive business days from June 10, 2026 to July 23, 2026, putting it out of compliance with Nasdaq Listing Rule 5450(b)(2)(A). Loop has 180 calendar days, until January 20, 2027, for its MVLS to close at or above $50 million for at least ten consecutive business days.
A second notice dated July 27, 2026 cites non-compliance with the $1.00 minimum bid price under Listing Rule 5450(a)(1), after 30 consecutive business days below that level from June 11, 2026 to July 24, 2026. The company has another 180-day period, until January 25, 2027, to achieve ten consecutive business days with a closing bid of at least $1.00. If compliance is not regained by the respective deadlines, Nasdaq will notify Loop that its securities are subject to delisting, although the company may consider applying to transfer to the Nasdaq Capital Market or seek additional time where available. Trading in LOOP common stock continues on the Nasdaq Global Market without immediate change.
Positive
- None.
Negative
- Loop Industries is non-compliant with Nasdaq’s $50 million Market Value of Listed Securities requirement and faces potential delisting if it does not regain compliance by January 20, 2027.
- The company also failed Nasdaq’s $1.00 minimum bid price requirement for 30 consecutive business days and must cure this by January 25, 2027 to avoid its shares becoming subject to delisting.
Filing Explained
The filing additionally states that Loop Industries does not meet the requirements of Nasdaq Listing Rule 5450(b)(3)(A), identifying another cited qualification issue beyond the disclosed MVLS deficiency.
8-K Event Classification
Item 3.01 — Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
1 item
Item 3.01
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
Securities
The company received a delisting notice or transferred its listing to a different exchange.
Key Figures
MVLS compliance threshold: $50 million
MVLS non-compliance period: 30 consecutive business days
MVLS cure period: 180 calendar days
+5 more
8 metrics
MVLS compliance threshold
$50 million
Minimum Market Value of Listed Securities required under Nasdaq Listing Rule 5450(b)(2)(A)
MVLS non-compliance period
30 consecutive business days
MVLS below $50 million from June 10, 2026 to July 23, 2026
MVLS cure period
180 calendar days
Time until January 20, 2027 to regain MVLS compliance
MVLS cure deadline
January 20, 2027
Date by which MVLS must meet the $50 million level for ten business days
Minimum bid price
$1.00
Nasdaq Global Market minimum bid price requirement under Listing Rule 5450(a)(1)
Bid price non-compliance period
30 consecutive business days
Closing bid below $1.00 from June 11, 2026 to July 24, 2026
Bid price cure deadline
January 25, 2027
End of 180-day period to achieve ten consecutive days with bid at or above $1.00
Compliance trading status
Continues on Nasdaq Global Market
Common stock keeps trading under symbol “LOOP” despite deficiency notices
Key Terms
Market Value of Listed Securities, Nasdaq Global Market, minimum bid price requirement, Nasdaq Capital Market, +1 more
5 terms
Market Value of Listed Securities regulatory
"not in compliance with the minimum Market Value of Listed Securities requirement"
The market value of listed securities is the total worth of stocks, bonds and other tradable instruments quoted on an exchange, measured using the prices investors are willing to pay right now. It’s calculated by multiplying each security’s current market price by the number of units outstanding and adding those amounts together, like totaling the value of every item in a store at today’s prices. Investors watch this because it shows the size, liquidity and overall health of the market or a company’s publicly traded portion, and it influences index weights, fund allocations and perceived risk.
Nasdaq Global Market regulatory
"minimum bid price requirement for continued listing on The Nasdaq Global Market"
The Nasdaq Global Market is a section of the stock exchange where larger, well-established companies are listed and publicly traded. It functions like a marketplace where investors can buy and sell shares of these companies, providing them with access to capital and opportunities for growth. Its role is important because it helps investors identify and invest in reputable companies with strong financial backgrounds.
minimum bid price requirement regulatory
"not in compliance with the minimum bid price requirement for continued listing"
A minimum bid price requirement is a rule that a stock must trade above a set price for a specified period to stay listed on an exchange. It matters to investors because falling below that threshold can trigger warnings or removal from the exchange, which can cut liquidity, reduce visibility, and often lead to sharper declines in share value—think of it like a venue’s minimum dress code that, if not met, can bar a performer from the stage.
Nasdaq Capital Market regulatory
"the Company may consider applying for a transfer to The Nasdaq Capital Market"
The Nasdaq Capital Market is a platform where smaller, emerging companies can list their shares for trading by investors. It provides these companies with access to funding and visibility, helping them grow, much like a local marketplace where new vendors can introduce their products to potential customers. For investors, it offers opportunities to discover early-stage companies with growth potential.
Listing Qualifications Department regulatory
"received a written notice from the Listing Qualifications Department of Nasdaq"
A listing qualifications department is the part of a stock exchange that checks whether a company meets the exchange’s rules for being listed and staying listed. Think of it as a gatekeeper or building inspector: it reviews financial statements, disclosure practices and corporate governance, flags problems and can require fixes or remove a company’s shares. Investors care because its decisions affect whether a stock remains tradable and how much trust to place in a company’s reporting.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
Why did Loop Industries (LOOP) receive a Nasdaq MVLS deficiency notice?
Loop Industries received the MVLS notice because its Market Value of Listed Securities stayed below $50 million for 30 consecutive business days from June 10 to July 23, 2026. This violates Nasdaq Listing Rule 5450(b)(2)(A) for companies on the Nasdaq Global Market.
What deadline does LOOP have to regain MVLS compliance on Nasdaq?
To regain MVLS compliance, Loop has until January 20, 2027, a 180-day period from the notice. Its Market Value of Listed Securities must close at or above $50 million for at least ten consecutive business days within this timeframe to satisfy Nasdaq rules.
Why did Loop Industries (LOOP) receive a Nasdaq minimum bid price notice?
Loop received the bid price notice because its closing bid was below $1.00 for 30 consecutive business days from June 11 to July 24, 2026. This breaches Nasdaq Listing Rule 5450(a)(1), which sets the minimum bid price standard for Nasdaq Global Market listings.
How long does LOOP have to fix its Nasdaq minimum bid price deficiency?
Loop has 180 calendar days, until January 25, 2027, to regain minimum bid price compliance. Its common stock must close at or above $1.00 for at least ten consecutive business days during this period under Nasdaq Listing Rule 5810(c)(3)(A).
What happens if Loop Industries (LOOP) does not regain Nasdaq compliance?
If compliance is not regained by the respective deadlines, Nasdaq will notify Loop that its securities are subject to delisting. The company may then consider applying to transfer to the Nasdaq Capital Market or seek additional time, subject to Nasdaq’s requirements.
Does the Nasdaq deficiency change current trading of LOOP stock?
The notices have no immediate effect on LOOP’s trading status. Loop’s common stock continues to trade on the Nasdaq Global Market under the symbol “LOOP” while the company works within the specified compliance periods to address both listing deficiencies.