AI Earnings Predictions for Loop Industries Inc. (LOOP)

EX-99.1

2 ex_991809.htm

EXHIBIT 99.1

ex_977949.htm

Exhibit 99.1

LOOP INDUSTRIES REPORTS Second QUARTER FISCAL 2027 RESULTS AND ANNOUNCES PLAN TO EXPEDITE DEVELOPMENT OF INDIA FACILITY

●

INFINITE LOOP INDIA FACILITY RESCALED TO 45 KTA TO REDUCE CAPITAL REQUIREMENTS AND SUPPORT FASTER DEVELOPMENT

● SPECIAL COMMITTEE, FORMED IN SEPTEMBER 2026, CONTINUES TO EVALUATE FINANCING ALTERNATIVES TO SUPPORT THE INDIA JV

LOOP MANAGEMENT TO HOLD UPDATE CALL AT 8:45 AM ET ON FRIDAY, OCTOBER 16, 2026

MONTREAL, QC/ ACCESS Newswire / October 15, 2026 — Loop Industries, Inc. (Nasdaq: LOOP) (the “Company,” “Loop,” “we,” “us,” or “our”) a clean technology company that has developed patented and proprietary processes to recycle low-value waste polyethylene terephthalate (PET) plastic and polyester fiber into virgin-quality PET resin, today reported its consolidated financial results for the second quarter of fiscal year 2027 and provided a status update on its commercial development project in India.

Infinite Loop™ India: Optimizing scale to Support Faster Execution

Loop’s planned first commercial facility in India has been rescaled to a capacity of 45 kilotonnes per annum (KTA), following an engineering review intended to reduce the project’s estimated capital requirement and support a more focused development plan:

●

Lower Capital Requirement: Reducing the scale of the facility will directly lower the overall facility cost, decreasing both our debt and equity financing needs. Toyo Engineering India Private Limited is completing a comprehensive analysis to finalize the updated cost estimate.

●

Shorter Timeline: The streamlined capacity allows for a more efficient capital-raising process and faster construction. The project target timeline is for construction completion by the end of 2028, with startup and commissioning scheduled for 2029.

● Attractive Return on Investment: The facility is positioned to deliver high returns due to the advantages of Loop’s unique technology, which combines virgin quality product with low operating costs, together with being located in a low-cost environment in India that offers access to plentiful textile waste.

●

Multi-Facility Plan: This is the first of two facilities planned for the India site.  The second facility is expected to be larger than the first and is planned to be developed following the successful start-up of the initial facility.

Special Committee Update

●

Comprehensive Financing Strategy: The Special Committee, formed by the Board of Directors in September 2026, is actively engaged in working with advisors dedicated to securing capital to fund Loop’s portion of the equity needed to finance the India JV.

● Exploring All Options: The committee is evaluating a full spectrum of financing alternatives, including equity, debt, and non-dilutive options to optimize capital structure and support long-term growth.

Financial highlights

Cash operating expenses* for the second quarter were $1.6 million, a decrease of $0.8 million year-over-year.  At August 31, 2026 the Company reported total available liquidity of $1.9 million. Loop continues to seek capital to fund its expected equity contribution to the India joint venture (JV) and its ongoing pre-commercial operating expenses. The timing and amount of any financing, engineering-services revenue, or licensing revenue remain subject to execution, financing availability, and the progress of the Company’s projects; there can be no assurance that these sources will be sufficient to fund operations through commercial start-up.

*Cash operating expenses are defined as research & development and general & administrative expenses, less stock-based compensation expenses.

1

CEO Comment

“We continue to refine our commercial roadmap with a focus on disciplined capital allocation and project execution,” said Daniel Solomita, Founder and CEO of Loop Industries.  “Rescaling the planned India facility to 45 KTA is intended to lower the project’s capital requirement while retaining the benefits of regional feedstock availability and a lower-cost operating environment. Alongside our advancing partnership in Europe, Loop is building a highly scalable, economically attractive foundation for global growth."

About Loop Industries

Loop Industries is a clean technology company whose mission is to accelerate the shift from fossil fuels to sustainable PET plastic and polyester fiber. Loop owns patented and proprietary technology that depolymerizes waste PET plastic and polyester fiber - including bottles, packaging, carpets and textiles - into their base building blocks. Those monomers are filtered, purified and polymerized into virgin-quality Loop™ branded PET resin for food-grade packaging and polyester fiber. Loop's technology is designed to recycle PET plastic and polyester fiber repeatedly without quality degradation, helping brands meet sustainability goals and reduce reliance on virgin fossil-based materials.

Corporate Update Call

loop20260714_8k.htm

0001504678 Loop Industries, Inc. false Q1 2027 May 31, 2026 Loop Industries, Inc.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) July 14, 2026

LOOP INDUSTRIES, INC.

(Exact name of registrant as specified in its charter)

Nevada

001-38301

27-2094706

(State or other jurisdiction of incorporation)

(Commission File Number)

(IRS Employer Identification No.)

480 Fernand-Poitras

Terrebonne, Quebec, Canada, J6Y 1Y4

(Address of principal executive offices, including zip code)

(450) 951-8555

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common stock, par value $0.0001 per share

LOOP

The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02. Results of Operations and Financial Condition.

On July 14, 2026, Loop Industries, Inc. (the “Company”) issued a press release announcing its financial results for the first quarter of fiscal year ending February 28, 2027. A copy of the Company’s press release is attached hereto as Exhibit 99.1.

The information in this Form 8-K (including Exhibit 99.1) shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act, except as expressly set forth by specific reference in such a filing.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit

Number

Description

99.1

Press Release, dated July 14, 2026, announcing financial results for the first quarter of fiscal year ending February 28, 2027.

104

Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

LOOP INDUSTRIES, INC.

Date: July 14, 2026

By:

/s/ Spencer Hart

Spencer Hart

Chief Financial Officer and Director (Principal financial officer and principal accounting officer)

loop20260206_8k.htm

false 0001504678

0001504678

2026-05-27 2026-05-27

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)

May 27, 2026

LOOP INDUSTRIES, INC.

(Exact name of registrant as specified in its charter)

Nevada

001-38301

27-2094706

(State or other jurisdiction

of incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)

480 Fernand-Poitras

Terrebonne, Quebec, Canada, J6Y 1Y4

(Address of principal executive offices, including zip code)

(450) 951-8555

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common stock, par value $0.0001 per share

LOOP

The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02. Results of Operations and Financial Condition.

On May 27, 2026, Loop Industries, Inc. (the “Company”) issued a press release announcing its financial results for the fourth quarter of fiscal year ending February 28, 2026. A copy of the Company’s press release is attached hereto as Exhibit 99.1.

The information in this Form 8-K (including Exhibit 99.1) shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act, except as expressly set forth by specific reference in such a filing.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit

Number

Description

99.1

Press Release, dated May 27, 2026, announcing financial results for the fourth quarter of fiscal year ending February 28, 2026.

104

Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

LOOP INDUSTRIES, INC.

Date: May 27, 2026

By:

/s/ Spencer Hart

Spencer Hart

Chief Financial Officer and Director (Principal financial officer and principal accounting officer)