Loop Industries faces Nasdaq delisting warning after market value falls below $50 million
Reuters2026/07/29 21:08- Loop Industries received Nasdaq notices for non-compliance with Global Market minimum market value of listed securities, triggering a potential delisting process.
- Market value stayed below USD 50 million for 30 straight business days through July 23, 2026; deadline to regain compliance is Jan. 20, 2027.
- Nasdaq also flagged the stock for a sub-USD 1 bid price over 30 consecutive business days through July 24, 2026; deadline is Jan. 25, 2027.
- Compliance requires meeting each threshold for at least 10 consecutive business days; failure could lead to a delisting notice.
- Shares continue trading on Nasdaq under the symbol LOOP; the company may seek a transfer to the Nasdaq Capital Market.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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