AGM/EGMJun 9, 2026, 04:36 PM
Loop Industries Announces 2026 Annual Meeting Details
AI Summary
Loop Industries, Inc. has filed its Definitive Proxy Statement (DEF 14A) for its 2026 Annual Meeting of Stockholders, scheduled for July 23, 2026, as a virtual-only event. Key proposals include the election of directors, ratification of PricewaterhouseCoopers LLP as auditor, an advisory vote on executive compensation, and an amendment to the 2017 Equity Incentive Plan to increase the share reserve. The filing also details corporate governance, director qualifications, and voting rights, noting the company's status as a 'controlled company' due to Daniel Solomita's majority voting power.
Key Highlights
- Loop Industries to hold 2026 Annual Meeting of Stockholders virtually on July 23, 2026, at 10:00 a.m. ET.
- Proposals include electing five directors, ratifying PricewaterhouseCoopers LLP as auditor, advisory vote on executive compensation, and amending the 2017 Equity Incentive Plan.
- Record date for stockholders entitled to vote is May 26, 2026.
- As of May 26, 2026, outstanding shares: 48,380,371 Common Stock, 1 Series A Preferred, 1,044,430 Series B Convertible Preferred.
- Daniel Solomita controls over 50% of voting power, qualifying Loop Industries as a 'controlled company' under Nasdaq rules.
Price Impact
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