---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-25-000389"
form_type: "8-K"
ticker: "LOOP"
cik: "0001504678"
company_name: "Loop Industries, Inc."
filed_at: "2025-01-15T23:59:59+00:00"
generated_at: "2026-05-28T01:03:43.561560+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Loop closes $20.8M financing/license with Reed Societe Generale; posts Q3 net loss $11.9M on $8.46M impairment

## Summary
- Closed financing and tech licensing with Reed Societe Generale Group for total cash proceeds of $20.8M (€20M).
- Issued 1,044,430 Series B Preferred shares at $10/share to Reed Circular Economy; convertible at $4.75/sh, 13% PIK dividend.
- Sold first technology license for €10M upfront; European partnership (90% Reed, 10% Loop) to deploy Infinite Loop tech.
- Terminated JV with SK Geo Centric, resulting in $8.46M impairment charge; SKGC director resigned from board.
- Net loss $11.9M in Q3 vs $4.2M prior year; revenue $52k; cash $323k down from $6.96M.

## SEC filing metadata
- accession: 0001654954-25-000389
- form_type: 8-K
- ticker: LOOP
- cik: 0001504678
- company_name: Loop Industries, Inc.
- filed_at: 2025-01-15T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1504678/000165495425000389/0001654954-25-000389-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1504678/000165495425000389/loop_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-25-000389
- JSON: https://secwatch.observer/filing/0001654954-25-000389.json
- Plain text: https://secwatch.observer/filing/0001654954-25-000389.txt

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