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Loop Industries received written notices from Nasdaq on July 24 and July 27, 2026, indicating non-compliance with…
LOOPLoop Industries, Inc.
Loop Industries received written notices from Nasdaq on July 24 and July 27, 2026, indicating non-compliance with continued listing requirements for its common stock. The company failed to meet the minimum Market Value of Listed Securities ($50 million) for thirty consecutive business days ending July 23, 2026, and the minimum bid price ($1.00) for thirty consecutive business days ending July 24, 2026. Loop Industries has a 180-day compliance period until January 20, 2027, to restore its market value and until January 25, 2027, to restore its bid price above $1.00 for ten consecutive trading days. Failure to regain compliance may result in delisting from the Nasdaq Global Market or a transfer to the Nasdaq Capital Market. The company develops technologies to recycle hard-to-recycle plastics.