Loop Industries, Inc. filed a Form 8-K on November 13, 2026, disclosing that it received a written notice from Nasdaq on November 9, 2026, stating the company is not in compliance with the minimum Market Value of Publicly Held Shares requirement for continued listing on The Nasdaq Global Market.

Key Highlights

  • Deficiency notice received: Loop Industries received a written notice from Nasdaq's Listing Qualifications Department on November 9, 2026.
  • Rule cited: The company is not in compliance with Nasdaq Listing Rule 5450(b)(2)(C), the minimum Market Value of Publicly Held Shares (MVPHS) requirement.
  • MVPHS threshold: The company's MVPHS had been below $15 million for 30 consecutive business days, from September 28, 2026 to November 6, 2026.
  • Compliance deadline: The company has 180 calendar days, until May 10, 2027, to regain compliance.
  • Regain compliance condition: The company's MVPHS must close at or above $15 million for a minimum of ten consecutive business days during the compliance period.
  • No immediate trading impact: The notice has no immediate effect on the listing or trading of the company's common stock, which continues to trade under the symbol "LOOP."

Loop Industries Discloses Nasdaq Listing Deficiency and 180-Day Cure Period

According to the filing, Loop Industries, Inc. (NASDAQ:LOOP) disclosed that on November 9, 2026, it received a written notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC. The notice stated that the company's Market Value of Publicly Held Shares had been below the required $15 million threshold for 30 consecutive business days, specifically from September 28, 2026 to November 6, 2026, placing the company out of compliance with Nasdaq Listing Rule 5450(b)(2)(C).

The filing states that, in accordance with Nasdaq Listing Rule 5810(c)(3)(D), the company has a 180-calendar-day period ending May 10, 2027, to regain compliance. To satisfy the requirement, the company's MVPHS must close at or above $15 million for a minimum of ten consecutive business days, or such longer period as Nasdaq may require, "generally not to exceed twenty consecutive business days," during the compliance window. The filing also notes that the company may alternatively consider applying for a transfer to The Nasdaq Capital Market, provided it meets that market's continued listing requirements.

The company disclosed that the notice carries no immediate consequence for its listing status. Its common stock will continue to trade on The Nasdaq Global Market under the ticker symbol "LOOP." If the company does not regain compliance by May 10, 2027, the filing states that "Nasdaq will provide a written notice to the Company that its securities are subject to delisting." The Form 8-K was signed by Spencer Hart, Chief Financial Officer and Director, and dated November 13, 2026.

What Was Disclosed

Loop Industries disclosed receipt of a Nasdaq deficiency notice for falling below the $15 million MVPHS continued listing requirement, with a cure period running to May 10, 2027, and no immediate effect on the trading of its common stock.