Home / Going-concern warnings / Loop Industries, Inc.
Filed 2025-07-15 路 Form 10-Q 路 Accession 0001654954-25-008086 micro
Price before filing: $1.28 (2025-07-14 close, split/dividend-adjusted)
Market cap at flag: $58.8M (2025-07-15) 路 Latest: $16.0M (2026-10-16)
| Window | LOOP | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | +21.1% | +3.2% | +17.9% | 2025-08-14 |
| 90 days | +31.2% | +6.4% | +24.8% | 2025-10-13 |
| 180 days | -9.4% | +11.9% | -21.3% | 2026-01-12 |
Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.
90 days before the flag: no open-market insider sales or purchases reported.
30 days after: 5 insiders bought $1.5M (8 purchases)
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2025-07-15: red flag filed | |||||||
| 2025-07-23 | CATINO GIOVANNI Chief Revenue Officer | Purchase | 150,000 | $1.01 | $151K | no | Form 4 |
| 2025-07-23 | Sellyn Laurence G. Director | Purchase | 150,000 | $1.01 | $151K | no | Form 4 |
| 2025-07-23 | Solomita Daniel Chief Executive Officer, Director, 10% owner | Purchase | 906,794 | $1.01 | $915K | no | Form 4 |
| 2025-07-23 | Stubina Jay Howard Director | Purchase | 150,000 | $1.01 | $151K | no | Form 4 |
| 2025-07-24 | Hart Spencer Director | Purchase | 41,317 | $1.25 | $52K | no | Form 4 |
| 2025-07-25 | Hart Spencer Director | Purchase | 27,562 | $1.32 | $36K | no | Form 4 |
| 2025-07-28 | Hart Spencer Director | Purchase | 29,121 | $1.65 | $48K | no | Form 4 |
| 2025-08-05 | Hart Spencer Director | Purchase | 20,000 | $1.66 | $33K | no | Form 4 |
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-04-16 to 2025-08-14. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.
"It evaluates the Company's liquidity to determine if there is substantial doubt about its ability to continue as a going concern."
Quoted from the filing. Source
The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.
Source: management disclosure in Form 10-Q (period 2025-05-31)
Why this score: quarterly (unaudited) disclosure
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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