Loop Industries announced the appointment of Jeffrey R. Geygan as Chairman of the Board and separated the roles of Chairman and CEO on September 8, 2026. Founder Daniel Solomita will continue serving as CEO to focus on commercial execution, while Mr. Geygan assumes board oversight. This governance change is intended to strengthen alignment with shareholders and support the company's transition from technology development to commercial project execution in India and Europe. Loop Industries operates in the clean technology sector, specializing in sustainable production of virgin-quality PET plastic and polyester fiber from waste materials.

Loop Industries entered into definitive agreements for its India-based joint venture, ELITe, with Ester Industries effective February 4, 2026. Loop granted ELITE a perpetual license to use its Infinite Loop™ technology to produce recycled dimethyl terephthalate (rDMT) and recycled mono-ethylene glycol (rMEG). In return, Loop receives tiered royalties based on annual net sales, with minimum and maximum payment thresholds applying once sales exceed $500 million. Additionally, Loop serves as ELITE's exclusive marketing representative for a fee structure similar to the royalty tiers. Ester provides operational services to ELITE under a separate agreement. This strategic expansion allows Loop to monetize its proprietary depolymerization technology in international markets through licensing and service fees. The company operates in the environmental technology sector, specializing in plastic recycling solutions.

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.

Loop Industries, Inc. issued a press release on July 14, 2026, announcing its financial results for the first quarter of the fiscal year ending February 28, 2027. Loop Industries, Inc. is a company focused on developing technologies for the chemical recycling of waste plastics.

On June 19, 2026, Loop Industries, Inc. increased its board size by one seat and appointed Jeffrey R. Geygan as an independent director, effective June 22, 2026. Mr. Geygan, who is the controlling person of Global Value Investment Corporation (GVIC), was granted 5,170 restricted stock units under the 2017 Equity Incentive Plan. He currently serves as Interim CEO of Rocky Mountain Chocolate Factory, Inc. The company operates in the chemical industry, focusing on the depolymerization of waste plastics into raw materials for new polymers.