NetworkNewsBreaks – Loop Industries Inc. (NASDAQ: LOOP) Secures $26.6M in Underwritten Public Offering
Loop Industries (NASDAQ: LOOP), a leading innovator in sustainable plastics technology, has closed an underwritten public offering of 2,087,000 shares of its common stock, including 207,000 additional shares pursuant to the partial exercise of the over-allotment option granted to the underwriters. Loop Industries secured approximately $26.6 million in gross proceeds, with each of the shares sold at the public offering price of $12.75. The company intends to use the proceeds for working capital and general corporate purposes, including continued investment in research and development for further innovation and funding ongoing operations. Roth Capital Partners acted as sole manager for the…







