-+ 0.00%
-+ 0.00%
-+ 0.00%

Loop Industries faces Nasdaq delisting warning after market value falls below $50 million

PUBT·07/29/2026 21:08:07
语音播报
Loop Industries faces Nasdaq delisting warning after market value falls below $50 million
  • Loop Industries received Nasdaq notices for non-compliance with Global Market minimum market value of listed securities, triggering a potential delisting process.
  • Market value stayed below USD 50 million for 30 straight business days through July 23, 2026; deadline to regain compliance is Jan. 20, 2027.
  • Nasdaq also flagged the stock for a sub-USD 1 bid price over 30 consecutive business days through July 24, 2026; deadline is Jan. 25, 2027.
  • Compliance requires meeting each threshold for at least 10 consecutive business days; failure could lead to a delisting notice.
  • Shares continue trading on Nasdaq under the symbol LOOP; the company may seek a transfer to the Nasdaq Capital Market.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Loop Industries Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-024892), on July 29, 2026, and is solely responsible for the information contained therein.