LOOP News

MONTREAL, QC / ACCESSWIRE / June 14, 2019 / Loop Industries, Inc. (NASDAQ: LOOP) ("Loop" or the "Company"), a leading sustainable plastics technology innovator, today announced the closing of its previously announced registered direct offering of 4,093,567 shares of common stock of the Company to Northern Private Capital ("NPC"), at a purchase price per share of $8.55, for gross proceeds of approximately $35.0 million before professional fees giving NPC 10.5% ownership in the Company's common equity. In addition, the Company has granted NPC a 3-year option that will vest in six months to acquire an additional 4,093,567 shares of common stock of the Company at $11.00 per share which would result in further net proceeds of approximately $45.0 millon.

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MONTREAL, QC / ACCESSWIRE / May 4, 2020 / Loop Industries, Inc. (NASDAQ:LOOP) (the "Company" or "Loop Industries"), a leading sustainable plastics technology innovator, today announced ...

The idea is fairly simple - to identify stocks trading within a narrow band and buying them when they move above this channel or sell when they move below.

We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly...

GENEVA, SWITZERLAND and MONTRÉAL, CANADA / ACCESSWIRE / November 13, 2019 / Loop Industries, Inc. (NASDAQ:LOOP), a leading sustainable plastics technology innovator, and L'OCCITANE en Provence, a global ...

G.research in conjunction with Gabelli Funds, will host the 6th Annual Waste & Environmental Services Symposium, Thursday April 2nd via webcast. This timely conference will feature presentations by senior management of several leading companies, with an emphasis on industry dynamics, new technologies, and company fundamentals.

Loop Industries has been struggling lately, but the selling pressure may be coming to an end soon.

MONTREAL, CANADA / ACCESSWIRE / May 29, 2019 / Loop™ Industries, Inc. (LOOP) (the "Company" or "Loop"), a leading sustainable plastics technology innovator, today announced that Toronto-based Northern Private Capital ("NPC") has made a binding commitment to purchase 4,093,567 shares of Loop's common stock at a price of $8.55 per share, for total net proceeds of approximately $35 million. After giving effect to the transaction, NPC will have a 10.5 percent ownership position in Loop's common equity.

TORONTO , June 17, 2018 /CNW/ - Northern Private Capital is pleased to announce that on June 14, 2019 , Northern Private Capital Fund I Limited Partnership ("NPC I LP") acquired 4,093,567 shares of the common stock of Loop Industries, Inc. (LOOP) ("Loop") at a per share purchase price of U.S. $8.55 per share (approximately CAD $11.44 ), for an aggregate price of approximately U.S. $35 million (approximately CAD $46,847,497 ). In addition, pursuant to the Offering, NPC I LP acquired options to purchase up to an additional 4,093,567 shares of the common stock of Loop ("Common Stock") at an exercise price of U.S. $11.00 per share, which will vest on December 15, 2019 and are exercisable for three years following the closing of the Offering.

Capital to Finance Next Phase of Growth Strategy in Place MONTREAL, QC / ACCESSWIRE / October 8, 2019 / Loop Industries, Inc. (NASDAQ:LOOP) (the "Company" or "Loop"), a leading sustainable ...

MONTREAL, QC / ACCESSWIRE / March 25, 2020 / Loop Industries, Inc (LOOP) today announced its measures to comply with the order of the Quebec provincial government to minimize all non-priority services and activities until April 13, due to the ongoing COVID-19 pandemic. Consequently, the company will maintain reduced operations at the pilot plant and protect its investment in its assets, which are utilized for the continuing development of its depolymerization technology for the production of sustainable PET plastic. The company's main focus during the time frame of the government order will be to continue working with its joint venture partner, Indorama Ventures Limited, to oversee the engineering for the Spartanburg joint venture facility and pursue its plans for the commercialisation of its technology.

Bear of the Day: Delphi Technologies (DLPH)

MONTREAL, QC / ACCESSWIRE / March 6, 2020 / Loop Industries, Inc. (LOOP) announced today that they have entered into a multi-year offtake agreement with leading beauty industry brand L'Oréal to supply them with PET resin made of 100% recycled materials for their packaging needs. This resin is to be supplied from Loop Industries' joint venture facility in Spartanburg, South Carolina with Indorama Ventures, a global integrated leader in PET plastic and polyester fiber manufacturing. The growing demand for Loop Industries' resin has driven the joint venture's decision to increase the facility's production capacity to 40 KT per year, thus enabling Loop Industries to broaden its array of partnerships and supply more brands with resin made from waste PET plastic and polyester fiber.

MONTREAL, QC / ACCESSWIRE / January 9, 2020 / Loop Industries, Inc. (NASDAQ:LOOP) (the "Company" or "Loop"), a leading sustainable plastics technology innovator, today announced its ...

Financing In Place To Support Commercialization MONTREAL, QC / ACCESSWIRE / July 8, 2019 / Loop™ Industries, Inc. ( NASDAQ: LOOP ) (the “Company” or “Loop”), a leading sustainable plastics technology innovator ...