Appointed
(interim)
Nicolas Lafond
Interim Chief Financial Officer
LOOP ·
Loop Industries, Inc.
Nicolas Lafond (35) was promoted to serve as the Interim Chief Financial Officer.
Ready 8-Ks
50
Latest filing
July 14, 2026, 4:30 PM ET
Top materiality
0.80
Event mix
other_material ×19 · earnings ×16 · leadership ×6
Sentiment
18 pos · 5 neg · 27 neu
Latest earnings
reported 2026-Q1
Executive change
recent →
Recent 8-K filings for LOOP
Highest-materiality recent filing
Loop Industries closes EUR 20M preferred stock financing and licensing deal with Reed
- Received EUR 20M total: EUR 10M from Series B Convertible Preferred (1,044,430 shares at $10/share) and EUR 10M initial license fee.
- Series B pays 13% cumulative annual PIK dividend; convertible to common at $4.75/share after 3 years or automatically at 5 years.
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Loop Industries reports Q1 FY2027 net loss of $3.4M; signs LOI for up to 15,000 tonnes offtake
Net loss of $3.385M ($0.07 per share), compared to $3.446M loss in prior year quarter.
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Loop Industries appoints Jeffrey R. Geygan to its board of directors
Board expanded by one seat; Geygan appointed effective June 22, 2026.
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Loop Industries Q4 net loss $2.7M; India facility cost estimate cut to $165-170M
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.
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Loop Q3 net loss narrows to $2.9M; Nike offtake, Toyo engineering, new CFO
Net loss of $2.94M vs $11.91M a year ago; revenue $86k from engineering services to India JV.
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Loop Industries appoints Spencer Hart as CFO; receives 1M options at $1.02
Spencer Hart appointed CFO effective Jan 15, 2026; remains board member.
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Loop Industries Q2 net loss narrows to $3.2M; secures India offtake and site acquisition
Q2 net loss of $3.2M ($0.07/share) vs $4.8M a year ago; revenue $0.
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Loop Industries finalizes European JV agreement with Reed Circular Economy (RCE)
JV Infinite Loop Europe SAS owned 90% RCE / 10% Loop; Board has 4 directors, Loop nominates one.
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Agreement covers minimum volumes of 'Twist' circular polyester resin made entirely from textile waste.
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Loop Industries enters DMT offtake agreement with Taro Plast for planned India facility
Offtake agreement signed Sept. 8, 2025 with Italy-based Taro Plast for virgin-quality recycled DMT.
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Loop Industries' India JV acquires ~93 acres for Infinite Loop facility in Gujarat
India JV (50% owned by Loop) agreed to buy ~93 acres in Gujarat for development of Infinite Loop™ manufacturing facility.
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Loop Industries stockholders elect six directors at 2025 annual meeting
Stockholders elected Laurent Auguste, Spencer Hart, Louise Sams, Laurence Sellyn, and Jay Stubina to one-year terms.
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Loop Industries Q1 net loss narrows to $3.4M; advances India and Europe projects
Net loss of $3.4M ($0.07 per share) vs $5.2M ($0.11) in prior-year quarter; revenue $252k vs $6k.
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Loop Industries enters $15M at-the-market equity offering with Roth Capital
Up to $15M of common stock may be sold through Roth Capital (3% commission) in at-the-market transactions.
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Loop Industries Q4 revenue $10.8M from first license; net income $6.9M vs loss
Q4 revenue $10.8M: $10.4M licensing (Reed Societe Generale) + $0.4M engineering fees.
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Loop Industries removes CFO Fady Mansour; promotes Lafond as interim CFO and Essaddam as COO
Fady Mansour removed as CFO effective March 5, 2025; Nicolas Lafond (35) named interim CFO.
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Loop Industries adds director Spencer Hart, grants 28,770 RSUs
Spencer Hart elected to board; 30+ years investment banking experience in capital markets and M&A.
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Closed financing and tech licensing with Reed Societe Generale Group for total cash proceeds of $20.8M (€20M).
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Loop Industries closes EUR 20M preferred stock financing and licensing deal with Reed
Received EUR 20M total: EUR 10M from Series B Convertible Preferred (1,044,430 shares at $10/share) and EUR 10M initial license fee.
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Sale of convertible preferred stock to Loop Europe for €10M gross proceeds.
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Loop Industries Q2 net loss $4.8M; Reed financing expected Nov 2024; India site selected
Net loss of $4.84M ($0.10/share) for Q2 FY2025, essentially flat vs $4.75M loss a year ago.
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Loop Industries: Societe Generale to acquire 75% of Reed, securing €35M financing package
Societe Generale agreed to acquire 75% of Reed and provide €250M initial funding (up to €350M), subject to regulatory approval.
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Loop Industries Q1 net loss $5.2M; progresses India JV and Reed financing
Net loss of $5.2M (-$0.11/share) vs $7.0M (-$0.15/share) YoY; revenue $6K from initial PET resin sales.
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Loop Industries shareholders elect five directors, ratify PwC, approve say-on-pay
All five nominees (Auguste, Lee, Sams, Sellyn, Stubina) elected with >99M votes for each; ~4.8M broker non-votes.
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Loop Industries signs €35M financing deal with Reed Management; to form European JV
Reed to provide €35M: €10M convertible preferred (13% PIK, 5yr) and €25M loan (13% PIK, 3yr) in two tranches.
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Loop Industries FY2024 net loss $21.1M; announces India JV with Ester for $165M facility
FY2024 revenue $153K vs $173K; net loss $21.1M vs $21.3M; cash $6.96M down from $29.6M.
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Director Andrew Lapham to retire, will not stand for re-election at June 28 meeting
Andrew Lapham notified Board of his retirement on May 23, 2024.
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Loop Industries forms 50/50 India JV with Ester to build $165M rDMT/rMEG facility
50/50 JV with Ester Industries to build Infinite Loop facility in India; total capital ~$165 million.
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Loop Industries secures $66M non-dilutive Reed financing; Q3 net loss $4.2M
MOU with Reed for €60M ($66M) non-dilutive capital: $33M to Loop, $33M to 50/50 JV for European Infinite Loop rollout.
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Loop Industries Q2 net loss $4.75M; cash $13.4M; Ulsan groundbreaking Nov 9
Q2 net loss $4.75M ($0.10/sh) vs $7.71M loss prior year; revenue $54K.
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Loop Industries reports Q1 net loss of $7.0M; revenue $27; signs JV with SKGC for Asian facilities
Net loss of $7.0M ($0.15 per share) vs $18.0M loss in prior year; revenue from initial PET resin deliveries of $27.
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Elected Andrew Lapham, Jonghyuk Lee, Louise Sams, Laurence Sellyn, Jay Stubina as directors until 2024 annual meeting.
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Loop signs Asia JV with SK Geo Centric, reduces net loss, appoints new CFO
Signed JV with SKGC for Asia; SKGC owns 51%, Loop 49%; first plant in Ulsan, South Korea, to break ground in 2023, complete by end 2025.
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Loop Industries and SK Geo Centric form JV to deploy depolymerization tech in Asia
SKGC owns 51%, Loop 49% of venture headquartered in Singapore.
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Loop Industries furnishes investor presentation; no material new information disclosed
Company is providing an investor presentation, posted on its website, with forward-looking statements.
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Loop Industries appoints Fady Mansour as CFO effective April 17, 2023
Fady Mansour, age 50, previously Senior Director at CDPQ and 20+ years at Canadian National Railway.
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Loop Industries technology validated by SK Geo Centric; first Asian facility to break ground in 2023
SKGC completed technical due diligence validating Loop's production yields, operational stability, monomer quality, and overall performance at Quebec facility.
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Loop Industries sells Bécancour land for CDN $18.5M
Loop Canada, a wholly-owned subsidiary, sold all remaining land in Bécancour, Québec.
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Loop Q3 net loss $1.01M; sells Bécancour land for $13.9M, focuses on SKGC partnership
Revenue of $24,924 from initial PET resin deliveries; net loss of $1.01M vs $10.1M a year ago (includes $6.7M gain on land sale).
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Sale of remaining Bécancour land for CDN $18.5M (US $13.9M); expected close by Feb 24, 2023.
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Loop Industries reports Q2 FY2023 net loss $7.7M; first revenues of $135K from Loop PET resin
Q2 net loss $7.7M vs $8.4M YoY; diluted EPS ($0.16) vs ($0.19).
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SEC complaint filed Sept 30, 2022 naming Daniel Solomita (CEO) and his entity as relief defendants for receiving $ from alleged fraud.
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Loop Industries closes sale of excess Bécancour land for CDN $12.0M
Sold excess land in Bécancour, Quebec to 9409-4927 Quebec Inc. for CDN $12.0M total.
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Loop subsidiary sells ~10.3M sq ft excess land in Bécancour for CDN $12M
Loop Canada agrees to sell 10,333,838 sq ft of excess land to Quebec Inc. for CDN $12.0M.
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Québec court dismisses class action against Loop Industries on July 29, 2022
Superior Court of Québec dismissed the Application for authorization of a class action and related action under section 225.4 of the Québec Securities Act.
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Loop Industries enters $2.7M credit facility with CIBC; VP Engineering resigns
Credit facility up to $2.7M principal, two-year term, secured by Terrebonne property.
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Net loss of $18.0M vs $12.2M a year ago; diluted EPS loss of $0.38 vs $0.29.
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Loop Industries shareholders elect five directors, ratify PwC, approve say-on-pay at annual meeting
Elected directors Andrew Lapham, Jonghyuk Lee, Louise Sams, Laurence Sellyn, Jay Stubina to board until 2023 annual meeting.
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SK Geo Centric joins Loop and SUEZ as equal partner in European Infinite Loop facility
SK Geo Centric becomes equal partner in joint venture with Loop and SUEZ for first European Infinite Loop™ facility.
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Loop Industries FY2022 net loss $44.9M, no revenue, R&D spend $27.7M
Net loss of $44,920,956 ($0.99 diluted EPS) vs $36,344,923 ($0.89) prior year.
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Loop Industries FY2022 net loss widens to $44.9M; legal settlement and joint venture loss weigh
Net loss of $44.9M for FY2022 vs $36.3M prior year; Q4 net loss $14.3M; no revenue.
Executive changes
Departed
Fady Mansour
Chief Financial Officer
LOOP ·
Loop Industries, Inc.
Fady Mansour was removed from his position as Chief Financial Officer, effective March 5, 2025
Role change
Adel Essaddam
Chief Operating Officer
LOOP ·
Loop Industries, Inc.
Adel Essaddam (30) was promoted to serve as the Chief Operating Officer, effective as of March 5, 2025.
Appointed
Spencer Hart
member of the Board
LOOP ·
Loop Industries, Inc.
On February 10, 2025, the board of directors (the “Board”) of Loop Industries, Inc., a Nevada corporation (the “Company”), elected Mr. Spencer Hart as a member of the Board.
Departed
Andrew Lapham
Director
LOOP ·
Loop Industries, Inc.
On May 23, 2024, Andrew Lapham notified the Board of Directors (the “Board”) of Loop Industries, Inc. (the “Company”) that he plans to retire and not stand for re-election as director at the Company’s Annual Meeting of Stockholders to be held on June 28, 2024 (the “Annual Meeting”).
Appointed
Fady Mansour
Chief Financial Officer
LOOP ·
Loop Industries, Inc.
On April 4, 2023, Loop Industries, Inc. (the “Company”) announced that Mr. Fady Mansour has been appointed as the Company’s Chief Financial Officer, effective April 17, 2023.
Appointed
(interim)
Nicolas Lafond
Interim Chief Financial Officer
LOOP ·
Loop Industries, Inc.
On December 21, 2022 the Board of Directors (the “Board”) of the Company appointed Nicolas Lafond as Interim Chief Financial Officer of the Company, effective December 30, 2022, to serve while the Company evaluates its longer-term needs for this role as it pursues the next stage of its strategic development.
Departed
Drew Hickey
Chief Financial Officer
LOOP ·
Loop Industries, Inc.
On December 22, 2022, the Company announced that, effective December 30, 2022, Drew Hickey will leave the Company to pursue other opportunities.
Departed
Yves Perron
Vice-President, Engineering and Construction
LOOP ·
Loop Industries, Inc.
On July 25, 2022, Yves Perron advised the Company of his intention to resign from his position as Vice-President, Engineering and Construction of the Company, effective July 29, 2022.
Appointed
Jonghyuk Lee
Director
LOOP ·
Loop Industries, Inc.
On July 29, 2021, in connection with Closing, the Board elected Mr. Jonghyuk Lee as a member of the Board.
Earnings & guidance
Materiality & sentiment trend
Max materiality 0.80 · Median 0.65 · Most common event other_material