---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-24-013003"
form_type: "8-K"
ticker: "LOOP"
cik: "0001504678"
company_name: "Loop Industries, Inc."
filed_at: "2024-10-16T23:59:59+00:00"
generated_at: "2026-05-30T13:40:28.966315+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Loop Industries Q2 net loss $4.8M; Reed financing expected Nov 2024; India site selected

## Summary
- Net loss of $4.84M ($0.10/share) for Q2 FY2025, essentially flat vs $4.75M loss a year ago.
- Revenue fell to $23K from $54K; reflects initial PET resin deliveries from Terrebonne facility.
- Reed financing expected to close Nov 2024; initial €10M convertible preferred (13% PIK, 5-year term).
- Cash dropped to $1.4M from $7.0M; CEO & director committed $2M bridge if needed.
- India JV selected Gujarat province for Infinite Loop facility; will use textile waste feedstock.

## SEC filing metadata
- accession: 0001654954-24-013003
- form_type: 8-K
- ticker: LOOP
- cik: 0001504678
- company_name: Loop Industries, Inc.
- filed_at: 2024-10-16T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1504678/000165495424013003/0001654954-24-013003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1504678/000165495424013003/loop_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-24-013003
- JSON: https://secwatch.observer/filing/0001654954-24-013003.json
- Plain text: https://secwatch.observer/filing/0001654954-24-013003.txt

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