Loop Industries, Inc. (NASDAQ: LOOP) announced on September 17, 2026, that its Board of Directors has formed a Strategic Alternatives Committee. The committee was established to evaluate strategic and financial alternatives aimed at maximizing long-term shareholder value.
The formation of the committee follows the appointment of Jeff Geygan as Chairman of the Board and the separation of the Chairman and Chief Executive Officer roles. This leadership change is intended to create a formal, Board-led process to review the company's capital needs, strategic direction, and opportunities to unlock value from its technology and intellectual property platform.
According to the filing, the committee's immediate priority is to support management in securing the capital contribution and broader project-financing structure required for the planned India joint venture. The company intends to pursue project-level debt, strategic capital, equity financing, or a combination of these sources.
The committee will evaluate a range of potential alternatives, including strategic investments, project-level financing, licensing and commercial partnerships, regional joint ventures, business combinations, corporate-structure alternatives, and potential transactions such as a sale, merger, or going-private transaction.
Loop Industries has not made any decisions regarding a specific alternative, and no timetable has been established for completing the review. The company stated that there can be no assurance the process will result in a sale, merger, going-private transaction, or any other specific outcome.
Founder and Chief Executive Officer Daniel Solomita will continue to lead the company’s operating and commercial activities, including the India joint venture and financing initiatives.
