---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-24-015710"
form_type: "8-K"
ticker: "LOOP"
cik: "0001504678"
company_name: "Loop Industries, Inc."
filed_at: "2024-12-18T23:59:59+00:00"
generated_at: "2026-05-29T01:58:42.848904+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Loop Industries amends share purchase agreement with Reed; €10M convertible preferred, €10M license royalty

## Summary
- Sale of convertible preferred stock to Loop Europe for €10M gross proceeds.
- Loop Europe will issue €10M corporate bonds to Reed simultaneously.
- Loop Europe to pay Loop €10M first royalty tranche under license agreement.
- New French JV Loop Europe to be owned 90% by Reed, 10% by Loop.
- Closing expected within seven business days after incorporation of Loop Europe.

## SEC filing metadata
- accession: 0001654954-24-015710
- form_type: 8-K
- ticker: LOOP
- cik: 0001504678
- company_name: Loop Industries, Inc.
- filed_at: 2024-12-18T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1504678/000165495424015710/0001654954-24-015710-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1504678/000165495424015710/loop_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-24-015710
- JSON: https://secwatch.observer/filing/0001654954-24-015710.json
- Plain text: https://secwatch.observer/filing/0001654954-24-015710.txt

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