Loop Industries Receives Nasdaq Notices for MVLS and Low Bid Price
$LOOP · Loop Industries, Inc.Research Summary
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Loop Industries Receives Nasdaq Notices for MVLS and Low Bid Price
What Happened Loop Industries, Inc. (LOOP) filed an 8-K reporting that Nasdaq’s Listing Qualifications Department notified the company it is not in compliance with two listing requirements. On July 24, 2026, Nasdaq said LOOP’s Market Value of Listed Securities (MVLS) has been below the $50 million requirement for the 30 consecutive business days from June 10, 2026 through July 23, 2026. On July 27, 2026, Nasdaq notified LOOP that its closing bid price was below $1.00 for the 30 consecutive business days from June 11, 2026 through July 24, 2026. Both notices give the company cure periods of 180 calendar days to regain compliance.
Key Details
- MVLS noncompliance notice received July 24, 2026; MVLS was below $50 million for the 30-business-day period ending July 23, 2026. Cure deadline: January 20, 2027 (must meet $50M for 10 consecutive business days).
- Bid price noncompliance notice received July 27, 2026; closing bid price was below $1.00 for the 30-business-day period ending July 24, 2026. Cure deadline: January 25, 2027 (must close ≥ $1.00 for 10 consecutive business days).
- If LOOP does not regain compliance by the deadlines, Nasdaq will notify the company that its securities are subject to delisting; company may consider transfer to The Nasdaq Capital Market or seek additional time for bid price relief under Nasdaq rules.
- The notices have no immediate effect on listing or trading; LOOP common stock will continue to trade on The Nasdaq Global Market under the symbol “LOOP.”
Why It Matters These notices signal that LOOP currently fails two quantitative Nasdaq listing standards (market value and minimum bid price). For investors, the key implications are the risk and uncertainty associated with potential delisting if the company cannot cure within the specified 180-day periods. Delisting or a transfer to a different Nasdaq tier could reduce liquidity and access for some investors and may affect market perception of the stock. The company has defined windows and objective targets to regain compliance, so investors can monitor MVLS, the share price, and any company actions (e.g., reverse stock split, capital raises, or corporate developments) intended to restore compliance.