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

$LOOP
Form 8-K
Filed on: 2024-12-26
Source
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:

  1. 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
  1. Reporting Period:
  • Start Date: December 19, 2024
  • End Date: December 19, 2024
  • This indicates that the report is for a single day.
  1. Financial Details:
  • Common Stock: The report mentions common stock with a par value of $0.0001 per share, indicating the company's equity structure.
  1. Filing Type:
  • Form: 8-K, which is used for reporting unscheduled material events or corporate changes that are of importance to shareholders.
  1. Units of Measure:
  • Currency: The financial data is reported in US Dollars (USD).
  • Shares: The context includes references to shares.
  1. 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.