UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
July 18, 2025
LOOP INDUSTRIES, INC. |
(Exact name of registrant as specified in its charter) |
Nevada |
| 001-38301 |
| 27-2094706 |
(State or other jurisdiction of incorporation) |
| (Commission File Number) |
| (IRS Employer Identification No.) |
480 Fernand-Poitras
Terrebonne, Quebec, Canada, J6Y 1Y4
(Address of principal executive offices, including zip code)
(450) 951-8555
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
Common stock, par value $0.0001 per share | LOOP | The Nasdaq Stock Market LLC |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.07. Submission of Matters to a Vote of Security Holders.
The 2025 Annual Meeting of Stockholders (the “2025 Annual Meeting”) of Loop Industries, Inc. (the “Company”) was held virtually on July 18, 2025. At the 2025 Annual Meeting, the Company’s stockholders elected Laurent Auguste, Spencer Hart, Louise Sams, Laurence Sellyn and Jay Stubina to serve as members of the Board of Directors of the Company (the “Board”) until the 2026 Annual Meeting of Stockholders or until their respective successors have been elected and qualified. On July 18, 2025, Daniel Solomita was elected to the Board upon the affirmative vote of the sole holder of the Company’s Series A Preferred Stock, resulting in a total of six directors. In addition, the Company’s stockholders took the following actions at the 2025 Annual Meeting: (i) the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending February 28, 2026 was ratified; (ii) a proposal for advisory approval of the compensation of the Company’s named executive officers as disclosed in the proxy statement was approved; and (iii) a proposal for advisory approval of the frequency of future advisory votes on executive compensation was approved to be held every year.
The proposals below are described in detail in the Company’s definitive proxy statement dated May 29, 2025. The voting results for each proposal were as follows:
Proposal 1: Election of five directors to hold office until the 2026 Annual Meeting of Stockholders or until their respective successors have been elected and qualified:
|
| For |
|
| Withheld |
|
| Broker Non-Votes |
| |||
Laurent Auguste |
|
| 98,969,448 |
|
|
| 113,967 |
|
|
| 5,577,445 |
|
Spencer Hart |
|
| 99,041,598 |
|
|
| 41,817 |
|
|
| 5,577,445 |
|
Louise Sams |
|
| 98,967,489 |
|
|
| 115,926 |
|
|
| 5,577,445 |
|
Laurence Sellyn |
|
| 99,040,475 |
|
|
| 42,940 |
|
|
| 5,577,445 |
|
Jay Stubina |
|
| 99,040,921 |
|
|
| 42,494 |
|
|
| 5,577,445 |
|
Proposal 2: Ratification of the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending February 28, 2026:
For |
|
| Against |
|
| Abstain |
| |||
| 104,584,262 |
|
|
| 14,238 |
|
|
| 62,360 |
|
Proposal 3: Vote to approve, on an advisory basis, the compensation of the Company’s named executive officers as disclosed in the proxy statement:
For |
|
| Against |
|
| Abstain |
|
| Broker Non-Votes |
| ||||
| 98,437,462 |
|
|
| 507,195 |
|
|
| 138,758 |
|
|
| 5,577,445 |
|
Proposal 4: Vote to approve, on an advisory basis, the frequency of future advisory votes on executive compensation:
1 Year |
|
| 2 Years |
|
| 3 Years |
|
| Abstain |
|
| Broker Non-Votes |
| |||||
| 98,957,462 |
|
|
| 11,626 |
|
|
| 39,909 |
|
|
| 74,418 |
|
|
| 5,577,445 |
|
| 2 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| LOOP INDUSTRIES, INC. |
| |
|
|
|
|
Date: July 22, 2025 | By: | /s/ Nicolas Lafond |
|
|
| Nicolas Lafond |
|
|
| Interim Chief Financial Officer |
|
| 3 |