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
25
Latest filing
May 27, 2026, 5:45 PM ET
Top materiality
0.80
Event mix
other_material ×10 · earnings ×8 · leadership ×4
Sentiment
11 pos · 1 neg · 13 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 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.
-
Loop Industries appoints Spencer Hart as CFO; receives 1M options at $1.02
Spencer Hart appointed CFO effective Jan 15, 2026; remains board member.
-
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 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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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 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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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.
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”).
Earnings & guidance
Materiality & sentiment trend
Max materiality 0.80 · Median 0.65 · Most common event other_material