Loop Industries 8-K Report: Key Insights for December 19, 2024

Based on the provided XML section of the financial report, here are the key insights and information extracted:
- Entity Identification:
- Company Name: Loop Industries, Inc.
- CIK (Central Index Key): 0001504678
- IRS Employer Identification Number (EIN): 27-2094706
- Address: 480 Fernand-Poitras, Terrebonne, Quebec, Canada, J6Y 1Y4
- Phone Number: 450-951-8555
- Trading Symbol: LOOP
- Exchange: NASDAQ
- Reporting Period:
- Start Date: December 19, 2024
- End Date: December 19, 2024
- This indicates that the report is for a single day.
- Financial Details:
- Common Stock: The report mentions common stock with a par value of $0.0001 per share, indicating the company's equity structure.
- Filing Type:
- Form: 8-K, which is used for reporting unscheduled material events or corporate changes that are of importance to shareholders.
- Units of Measure:
- Currency: The financial data is reported in US Dollars (USD).
- Shares: The context includes references to shares.
- Filing Date: The filing date corresponds with the end date of the reporting period, suggesting that the information is current as of December 19, 2024.
Insights:
- The 8-K filing typically indicates that Loop Industries, Inc. may have experienced a significant event or change on December 19, 2024, which warrants reporting.
- The common stock's low par value suggests that the company is likely in an early stage or has not opted for a high par value for its equity.
- The report being specific to a single day may indicate a significant event or announcement, such as a press release, acquisition, or major operational update.
This summary provides a concise overview of the important elements from the financial report section, focusing on corporate identification, key dates, financial structure, and the nature of the filing.