Loop Industries and Reed Management Sign Agreement for €35 Million Financing for Global Commercialization of the Infinite Loop(TM) Technology and To Form French Joint Venture [Yahoo! Finan...
Loop Industries, Inc. (LOOP)
US:NASDAQ Investor Relations:
loopindustries.com/en/investors/home
Company Research
Source: Yahoo! Finance
LOOP AND REED TO FORM JOINT VENTURE TO COMMERCIALIZE LOOP'S TECHNOLOGY ACROSS EUROPE MONTREAL, QC / ACCESSWIRE / May 30, 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 announced that the Company and Reed, a European investment firm focused on high impact and technology-enabled infrastructure, have signed definitive binding agreements, subject to certain closing conditions, for an investment of €35 million from Reed to fund the global commercialization of the Infinite Loop™ technology and have agreed to form a 50/50 joint venture for the European deployment of Loop's technology. The signing of this agreement occurred subsequent to the Company's fourth quarter and full fiscal year 2024 financial release and 10-K filing and is therefore being announced sepa
Show less
Read more
Impact Snapshot
Event Time:
LOOP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LOOP alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LOOP alerts
High impacting Loop Industries, Inc. news events
Weekly update
A roundup of the hottest topics
LOOP
News
- Loop Industries Announces Important Milestone Towards Completing the Previously Announced Reed Management Financing Package and Partnership [Yahoo! Finance]Yahoo! Finance
- Loop Industries Announces Important Milestone Towards Completing the Previously Announced Reed Management Financing Package and PartnershipAccesswire
- Loop Industries to Attend the Canaccord Genuity 44th Annual Growth Conference Taking Place August 13-15th, 2024Accesswire
- Loop Industries Reports First Quarter Fiscal 2025 Results and Provides Update on Commercialization Plans [Yahoo! Finance]Yahoo! Finance
- Loop Industries Reports First Quarter Fiscal 2025 Results and Provides Update on Commercialization PlansAccesswire
LOOP
Earnings
- 1/16/24 - Miss
LOOP
Sec Filings
- 9/27/24 - Form 424B3
- 9/11/24 - Form EFFECT
- 8/30/24 - Form S-3
- LOOP's page on the SEC website