Loop Industries (NASDAQ: LOOP) backer slips under 5% stake
Rhea-AI Filing Summary
Loop Industries, Inc. (LOOP) is the subject of an amended Schedule 13D filing in which a group of Canadian investors reports reduced ownership. As of the filing date, the reporting persons may be deemed to beneficially own 2,266,681 shares of common stock, or 4.7% of Loop’s 48,380,371 shares outstanding as of July 14, 2026.
Within this, Northern Private Capital Fund I Limited Partnership holds 1,667,065 shares and Northern Private Capital Fund I Non-Resident Limited Partnership holds 561,632 shares, while related entities and individuals may be deemed to share beneficial ownership of 2,228,697 shares (about 4.6%). Andrew Lapham also has sole beneficial ownership of 37,984 shares. The group states that on August 20, 2026 it ceased to be the beneficial owner of more than five percent of Loop’s common stock.
Positive
- None.
Negative
- None.
Filing Explained
This amendment attributes the ownership reduction to open-market sales during the prior 60 days; as of
Key Figures
Key Terms
beneficially own financial
Schedule 13D regulatory
limited partnership financial
open market sales transaction financial
FAQ
When did the reporting group fall below 5% ownership of Loop Industries (LOOP)?
AI-generated analysis. How Rhea-AI works. Not financial advice.