---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-24-007343"
form_type: "8-K"
ticker: "LOOP"
cik: "0001504678"
company_name: "Loop Industries, Inc."
filed_at: "2024-06-04T23:59:59+00:00"
generated_at: "2026-06-01T06:31:27.014993+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Loop Industries signs €35M financing deal with Reed Management; to form European JV

## Summary
- Reed to provide €35M: €10M convertible preferred (13% PIK, 5yr) and €25M loan (13% PIK, 3yr) in two tranches.
- Loop and Reed agree to form a 50/50 joint venture for European deployment of Infinite Loop™ technology.
- Closing conditions: Reed's first fund capital raise and Loop receiving binding government financing commitment.
- Company expects closing by end of Q2 fiscal 2025; negotiations with both parties progressing positively.
- Partnership supports Loop's strategy: capital-intensive projects in low-cost countries, licensing model in higher-cost regions.

## SEC filing metadata
- accession: 0001654954-24-007343
- form_type: 8-K
- ticker: LOOP
- cik: 0001504678
- company_name: Loop Industries, Inc.
- filed_at: 2024-06-04T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1504678/000165495424007343/0001654954-24-007343-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1504678/000165495424007343/loop_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-24-007343
- JSON: https://secwatch.observer/filing/0001654954-24-007343.json
- Plain text: https://secwatch.observer/filing/0001654954-24-007343.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.