secwatch.observer — SEC 8-K summary
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Issuer:     Loop Industries, Inc. (LOOP)
CIK:        0001504678
Form:       8-K
Filed at:   2026-05-27T21:45:29+00:00
Accession:  0001437749-26-018618
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Loop Industries Q4 net loss $2.7M; India facility cost estimate cut to $165-170M
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- Q4 net loss $2.703M vs net income $6.882M a year ago; revenue fell to $176K from $10.809M on absence of licensing royalty.
- Full-year FY2026 net loss $12.299M vs $15.057M prior year; cash and equivalents dropped to $2.356M from $12.973M.
- India JV capital cost estimate reduced to $165-170M from $190M; MoU with Gujarat government signed; facility expected operational in calendar 2028.
- European JV with Reed Societe Generale selected BASF Industriepark Lausitz in Germany; engineering phase to generate fees for Loop.
- Secured up to C$2.92M non-repayable NRC IRAP funding through Oct 2027; overhead reduction initiatives underway.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1504678/000143774926018618/0001437749-26-018618-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1504678/000143774926018618/loop20260206_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-018618

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