secwatch.observer — SEC 8-K summary
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Issuer:     Loop Industries, Inc. (LOOP)
CIK:        0001504678
Form:       8-K
Filed at:   2025-08-19T23:59:59+00:00
Accession:  0001437749-25-027360
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Loop Industries' India JV acquires ~93 acres for Infinite Loop facility in Gujarat
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- India JV (50% owned by Loop) agreed to buy ~93 acres in Gujarat for development of Infinite Loop™ manufacturing facility.
- Purchase price: 9,072,000 INR (~$103,720) per acre; advance payments secured by equitable mortgages.
- Sellers must complete title transfer and obtain government approvals within 5 months, subject to extension by India JV.
- India JV has right to reject parcels lacking approvals, and to terminate with full refund if land not contiguous or other defaults.
- Project advances Loop's depolymerization technology for PET plastic recycling infrastructure.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1504678/000143774925027360/0001437749-25-027360-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1504678/000143774925027360/loop20250818_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-027360

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer