Attached files
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EX-99.2 - KEMITEK REPORT, DATED DECEMBER 10, 2020 - Loop Industries, Inc. | lp_ex992.htm |
EX-99.1 - PRESS RELEASE - Loop Industries, Inc. | lp_ex991.htm |
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)
December 14, 2020
LOOP INDUSTRIES, INC.
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(Exact
name of registrant as specified in its charter)
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Nevada
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000-54786
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27-2094706
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(State
or other jurisdiction of incorporation)
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(CommissionFile
Number)
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(IRS
EmployerIdentification No.)
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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
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Trading Symbol(s)
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Name of each exchange on which registered
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Common
stock, par value $0.0001 per share
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LOOP
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Nasdaq
Global Market
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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 8.01. Other Events.
On December
14, 2020, Loop Industries, Inc. (the “Company”), issued
a press release announcing the Company’s release of an
independent verification report of its patented Gen II
depolymerization technology conducted by Kemitek, a
not-for-profit College
Centre for Technology Transfer specialized in the
fields of green chemistry and chemical process
scale-up.
Loop
commissioned Kemitek to validate Loop’s technology, which
turns waste PET plastic and polyester fiber feedstocks into its
primary building blocks, or monomers: dimethyl terephthalate
(“DMT”) and monoethylene glycol (“MEG”),
which meet established purity criteria for producing virgin-quality
PET.
The
report concludes that the quality of the primary PET plastic
building blocks meets Loop’s specifications for the
production of PET resin
and polyester fiber.
A copy
of the Company’s press release is attached hereto as Exhibit
99.1.
The
foregoing summary is qualified in its entirety by reference to a
copy of the report, which is filed herewith as Exhibit
99.2.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit Number
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Description
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Press Release, dated December 14, 2020
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Kemitek Report, dated December 10, 2020
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SIGNATURES
Pursuant to the
requirements of the Securities Exchange Act of 1934, as amended,
the registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.
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LOOP INDUSTRIES, INC.
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Date:
December 14, 2020
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By:
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/s/ Daniel Solomita
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Daniel
Solomita
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Chief
Executive Officer and President
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