Loop IndustriesLOOP
LOOP
About: Loop Industries Inc is a technology and licensing company whose mission is to accelerate the world's shift toward sustainable plastic and away from dependence on fossil fuels. The company owns patented and proprietary technology that depolymerizes no and low value waste PET plastic and polyester fiber, including plastic bottles and packaging, carpet and polyester textile of any color, transparency or condition and even ocean plastics that have been degraded by the sun and salt, to its base building blocks (monomers). Its monomers are filtered, purified and repolymerized to create virgin-quality Loop branded PET plastic resin and polyester fiber suitable for use in food-grade packaging to be sold to consumer goods companies to help them meet their sustainability objectives.
Employees: 50
0
Funds holding %
of 7,372 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
600% more call options, than puts
Call options by funds: $7K | Put options by funds: $1K
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
19% more funds holding
Funds holding: 26 [Q3] → 31 (+5) [Q4]
1.64% more ownership
Funds ownership: 3.97% [Q3] → 5.61% (+1.64%) [Q4]
17% less capital invested
Capital invested by funds: $3.48M [Q3] → $2.91M (-$575K) [Q4]
75% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 8
Research analyst outlook
We haven’t received any recent analyst ratings for LOOP.
Financial journalist opinion
Neutral
Accesswire
6 days ago
Loop Announces Senior Leadership Appointments and Changes
MONTRÉAL, QUEBEC / ACCESS Newswire / March 7, 2025 / Loop Industries, Inc. (Nasdaq:LOOP) ("Loop," or the "Company"), a clean technology company dedicated to accelerating circular fashion by manufacturing 100% recycled polyethylene terephthalate (PET) plastic and textile-to-textile polyester fiber, today announced the following senior leadership changes as it transitions to the next phase of its strategic development with the commercialization of its technology. Adel Essadam, Vice President of Science and Technology, is promoted to the position of Chief Operating Officer.
Neutral
Accesswire
2 weeks ago
Loop Industries, Hyosung TNC And Pleatsmama Collaborate To Pioneer Circular Fashion With Infinite Loop(TM) Textile-to-Textile Recycling Technology
Loop Industries supplied 100% recycled, virgin-quality Polyester chips derived from low-value textile waste. Hyosung TNC transformed Loop Polyester chips into high-performance drawn textured yarn.
Neutral
Seeking Alpha
1 month ago
Loop Industries, Inc. (LOOP) Q3 2025 Earnings Call Transcript
Loop Industries, Inc. (NASDAQ:LOOP ) Q3 2025 Earnings Conference Call January 15, 2025 8:30 AM ET Company Participants Kevin O'Dowd - VP of Communications and IR Daniel Solomita - Founder and CEO Fady Mansour - CFO Conference Call Participants Nick Boychuk - Cormark Securities Mahaut Arnaud - Bryan Garnier & Co. Gerard Sweeney - ROTH Capital Partners Marvin Wolff - Paradigm Capital Operator Good morning, ladies and gentlemen. Thank you for standing by.
Neutral
Accesswire
1 month ago
Loop Industries Reports Third Quarter Fiscal 2025 Results and Provides Update on Business Developments
Reed societe generale group financing and sale of first technology license closed in December 2024 Continued progress on Infinite Loop™ India manufacturing facility Loop management to hold update call at 8:30 AM ET on January 15, 2025 MONTREAL, QC / ACCESSWIRE / January 14, 2025 / Loop Industries, Inc. (NASDAQ:LOOP) (the "Company," "Loop," "we," "us," or "our"), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and textile-to-textile ("T2T") polyester fiber, today reported its consolidated financial results for the third quarter for fiscal year 2025 and provided an update on business developments. Transactions with Reed Societe General Group On December 23, 2024, Loop closed its financing and technology licensing transactions for total cash proceeds of $20.8 million (€20 million) with Reed Societe Generale Group, a European investment firm majority-owned by Societe Generale.
Neutral
Accesswire
2 months ago
Loop Industries Closes Strategic and Financing Transaction With Reed Societe Generale Group
MONTREAL, QC / ACCESSWIRE / December 23, 2024 / Loop Industries, Inc. (Nasdaq:LOOP) (the "Company," "Loop," "we," "us," or "our"), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and textile-to-textile ("T2T") polyester fiber, is pleased to announce the successful closing of the strategic and financing transaction with Reed Societe Generale Group based on the terms and conditions disclosed by the Company on December 12, 2024. About Loop Industries 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.
Neutral
Accesswire
3 months ago
Loop Industries Completes Convertible Preferred Financing With Reed Societe Generale Group and Sells First Technology License For An Infinite Loop Manufacturing Facility in Europe
REED SOCIETE GENERALE GROUP INVESTS €10 MILLION IN LOOP VIA A CONVERTIBLE PREFERRED SECURITY AT A $4.75 CONVERSION PRICE. LOOP COMPLETES ITS INAUGURAL SALE OF AN INFINITE LOOP™ TECHNOLOGY LICENSE, GENERATING AN UPFRONT PAYMENT OF €10 MILLION.
Neutral
Accesswire
4 months ago
Loop Industries to Participate in the 13th Annual ROTH Technology Conference Taking Place November 19-20, 2024
MONTREAL, QC / ACCESSWIRE / October 22, 2024 / Loop Industries, Inc. (NASDAQ:LOOP) (the "Company" or "Loop"), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and polyester fiber, today announced its participation in the upcoming 13th Annual ROTH Technology Conference. This event will take place on November 19 - 20, 2024, at the Hard Rock Hotel in New York City.
Neutral
Accesswire
4 months ago
Loop Industries Reports Second Quarter Fiscal 2025 Results and Provides Update on Financing and Commercialization Plans
Reed financing expected to be finalized in November 2024 Continued progress towards groundbreaking of Infinite LoopTM India manufacturing facility on schedule Loop management to hold update call at 8:30 AM ET on October 16, 2024 MONTREAL, QC / ACCESSWIRE / October 15, 2024 / Loop Industries, Inc. (Nasdaq:LOOP) (the "Company," "Loop," "we," "us," or "our"), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and polyester fiber, today reported its consolidated financial results for the second quarter for fiscal year 2025 and provided an update on its financing and commercialization activities. Financing Update On July 31, 2024, Reed Management SAS ("Reed") and Societe Generale announced that Societe Generale has agreed to acquire 75% of Reed and provide funding for Reed initially amounting to €250 million, which can be further increased to €350 million.
Neutral
Accesswire
7 months ago
Loop Industries Announces Important Milestone Towards Completing the Previously Announced Reed Management Financing Package and Partnership
Societe Generale to acquire 75% of Reed Management SAS ("Reed") At closing this would secure funding for Reed's planned investments including €35 million financing package through JV partnership with Loop MONTREAL, QC / ACCESSWIRE / July 31, 2024 / Loop Industries, Inc. (NASDAQ:LOOP) (the "Company," "Loop," "we," "us," or "our"), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and polyester fiber, today provided an update regarding the Company's joint venture ("JV") partnership and financing agreement with Reed. This morning, Reed and Societe Generale announced that Societe Generale has agreed to acquire 75% of Reed and provide funding for Reed initially amounting to €250 million, which can be further increased to €350 million.
Neutral
Accesswire
7 months ago
Loop Industries to Attend the Canaccord Genuity 44th Annual Growth Conference Taking Place August 13-15th, 2024
MONTREAL, QC / ACCESSWIRE / July 25, 2024 / Loop Industries, Inc. (Nasdaq:LOOP) (the "Company" or "Loop"), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and polyester fiber, today announced its participation in the Canaccord Genuity 44th Annual Growth Conference. This financial gathering is scheduled to take place from Tuesday, August 13th to Thursday, August 15th, at the InterContinental hotel in Boston, Massachusetts.
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