# Loop Industries, Inc. (LOOP) — delisting/forced [announced]
Source: SEC API (secapi.ai) · situation sit_3c4df3e920e8998b05ef · retrieved 2026-08-11T16:04:05.964Z

## Overview
Loop Industries, Inc. is a Nevada-incorporated company engaged in chemical and allied products manufacturing.

Loop Industries received two separate delisting notices from Nasdaq on July 24 and July 27, 2026. The first notice cited non-compliance with the minimum Market Value of Listed Securities (MVLS) requirement, with the company's MVLS below $50 million for 30 consecutive business days (June 10–July 23, 2026). The second notice cited non-compliance with the minimum bid price requirement, with the company's closing bid price below $1.00 for 30 consecutive business days (June 11–July 24, 2026). The company has 180 calendar days until January 20, 2027 (for MVLS) and January 25, 2027 (for bid price) to regain compliance by achieving the respective thresholds for a minimum of ten consecutive business days. If the company fails to regain compliance by these dates, Nasdaq will issue a delisting notice. Alternatively, the company may apply for a transfer to The Nasdaq Capital Market.

## Terms
- Counterparty: The Nasdaq Stock Market LLC · Price/share: $1

## Key dates
- Announced 2026-07-29 · Expiry 2027-01-25

## Timeline
- 2026-07-29 · 8-K (0001437749-26-024892): 8-K - Loop Industries, Inc. — *Loop Industries, Inc. is a Nevada-incorporated company engaged in chemical and allied products manufacturing.* Loop Industries received two separate delisting notices from Nasdaq on July 24 and July 27, 2026. The first notice cited non-compliance with the minimum Market Value of Listed Securities (MVLS) requirement, with the company's MVLS below $50 million for 30 consecutive business days (June 10–July 23, 2026). The second notice cited non-compliance with the minimum bid price requirement, with the company's closing bid price below $1.00 for 30 consecutive business days (June 11–July 24, 2026). The company has 180 calendar days until January 20, 2027 (for MVLS) and January 25, 2027 (for bid price) to regain compliance by achieving the respective thresholds for a minimum of ten consecutive business days. If the company fails to regain compliance by these dates, Nasdaq will issue a delisting notice. Alternatively, the company may apply for a transfer to The Nasdaq Capital Market.
  https://www.sec.gov/Archives/edgar/data/1504678/0001437749-26-024892.txt

## Citations
- 0001437749-26-024892 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000143774926024892
