Loop Industries Announces Important Milestone Towards Completing the Previously Announced Reed Management Financing Package and Partnership [Yahoo! Finance]
Loop Industries, Inc. (LOOP)
US:NASDAQ Investor Relations:
loopindustries.com/en/investors/home
Company Research
Source: Yahoo! Finance
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. This transaction, which is subject to customary closing conditions including regulatory approval, would secure Reed's funding for its planned investments, including its previously announced JV partnership for the European deployment of Loop's technology and a tiered financing package for Loop as disclosed in the agreement between Reed and Loop announc
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LOOP
News
- 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
- 9/11/24 - Form EFFECT
- 8/30/24 - Form S-3
- 8/15/24 - Form EFFECT
- LOOP's page on the SEC website