Common stock
- Symbol
- LOOP
- Exchange
- NASDAQ
- Classification
- COMMON
- Status
- Current
Current Report · Items 3.01 · 8-K
Loop Industries, Inc.
LOOPNASDAQEQUITYCurrent
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. On November 9, 2026, Loop Industries, Inc., a Nevada corporation (the “Company”), received a written notice (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”), notifying the Company that it is not in compliance with the minimum Market Value…
Company context
Loop Industries is a technology company whose mission is to accelerate the world’s shift toward sustainable PET plastic and polyester fiber and away from our dependence on fossil fuels. Loop Industries owns patented and proprietary technology that depolymerizes no and low-value waste PET plastic and polyester fiber, including plastic bottles packaging, and textiles such as carpets and clothing into its base building block monomers DMT and MEG. The monomers are separated, purified and polymerized to create virgin-quality Loop™ branded PET resin suitable for use in food-grade packaging and polyester fiber, thus enabling our customers to meet their sustainability objectives. Loop™ PET plastic and polyester fiber can be recycled infinitely without degradation of quality, helping to close the plastic loop. Loop Industries is committed to contributing to the global movement towards a circular economy by reducing plastic waste and recovering waste plastic for a sustainable future.
Current securities
Historical securities (1)
Registered securities in this filing
LOOP INDUSTRIES, INC. · 8-K · Filed 2026-11-13
Disclosure sections
Item 3.01Item 3.01 - Notice of Delisting
Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
On November 9, 2026, Loop Industries, Inc., a Nevada corporation (the “Company”), received a written notice (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”), notifying the Company that it is not in compliance with the minimum Market Value of Publicly Held Shares (“MVPHS”) requirement for continued listing on The Nasdaq Global Market. Specifically, the Notice stated that the Company’s MVPHS had been below $15 million for the last 30 consecutive business days from September 28, 2026 to November 6, 2026, and that the Company is therefore not in compliance with Nasdaq Listing Rule 5450(b)(2)(C).
In accordance with Nasdaq Listing Rule 5810(c)(3)(D), the Company has a period of 180 calendar days, or until May 10, 2027, to regain compliance with the MVPHS requirement. To regain compliance, the Company’s MVPHS must close at or above $15 million for a minimum of ten consecutive business days, or such longer period as Nasdaq may require, generally not to exceed twenty consecutive business days, during this 180-day compliance period. If the Company does not regain compliance with the MVPHS requirement by May 10, 2027, Nasdaq will provide a written notice to the Company that its securities are subject to delisting. Alternatively, the Company may consider applying for a transfer to The Nasdaq Capital Market, provided that it meets The Nasdaq Capital Market’s continued listing requirements.
The Notice has no immediate effect on the listing or trading of the Company’s common stock on The Nasdaq Global Market. The Company’s common stock will continue to trade under the symbol “LOOP”.