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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of
Report (Date of earliest event reported)
June 29, 2020
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LOOP INDUSTRIES, INC.
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(Exact
name of registrant as specified in its charter)
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Nevada
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000-54786
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27-2094706
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(State
or other jurisdictionof incorporation)
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(CommissionFile
Number)
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(IRS
EmployerIdentification No.)
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480 Fernand-Poitras
Terrebonne, Quebec, Canada, J6Y 1Y4
(Address
of principal executive offices, including zip code)
(450) 951-8555
(Registrant’s
telephone number, including area code)
Not Applicable
(Former
name or former address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant
under any of the following provisions (see General Instruction A.2.
below):
☐
Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Securities
registered pursuant to Section 12(b) of the Act:
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Title of each class
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Trading Symbol(s)
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Name of each exchange on which registered
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Common
stock, par value $0.0001 per share
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LOOP
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Nasdaq
Global Market
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Indicate
by check mark whether the registrant is an emerging growth company
as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of
1934 (§240.12b-2 of this chapter). Emerging growth company
☐
If an
emerging growth company, indicate by check mark if the registrant
has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided
pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.07. Submission of Matters to a Vote of
Security Holders.
The
2020 Annual Meeting of Stockholders (the “2020 Annual Meeting”) of the
Company was held virtually on June 28, 2020. At the 2020
Annual Meeting, the Company’s shareholders re-elected Andrew
Lapham, Laurence Sellyn, and Jay Stubina and elected for the first
time Peter Kezios to serve as members of the Board until the 2021
Annual Meeting of Stockholders or until their respective successors
have been elected and qualified. On June 26, 2020, Daniel
Solomita was elected to the Board upon the affirmative vote of the
sole holder of the Company’s Series A Preferred Stock,
resulting in a total of five directors. In addition, the
Company’s shareholders took the following actions at the 2020
Annual Meeting: (i) the appointment of PricewaterhouseCoopers LLP
as the Company’s independent registered public accounting
firm for fiscal year ending February 28, 2021 was ratified; and
(ii) a proposal for advisory approval of the Company’s 2020
executive compensation (the “Say-on-Pay Vote”) was
approved.
The
proposals below are described in detail in the Company’s
definitive proxy statement dated May 4, 2020. The voting
results for each proposal were as follows:
Proposal 1: Election of four directors to hold office until
the 2021 Annual Meeting of Stockholders:
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For
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Against
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Withheld
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Broker
Non-Votes
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Laurence
Sellyn
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26,196,392
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458,247
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317,028
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4,487,144
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Peter
Kezios
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26,514,348
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449,260
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8,059
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4,487,144
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Andrew
Lapham
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26,514,179
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449,329
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8,159
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4,487,144
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Jay
Stubina
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26,323,201
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450,390
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198,076
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4,487,144
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Proposal 2: Ratification of the appointment of
PricewaterhouseCoopers LLP as the Company’s independent
registered public accounting firm for fiscal year ending February
28, 2021:
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For
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Against
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Abstain
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30,962,181
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474,986
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21,644
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Proposal 3: Advisory vote to approve, on an advisory basis,
the compensation of the Company’s Named Executive Officers as
disclosed in the proxy statement:
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For
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Against
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Abstain
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Broker
Non-Votes
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26,412,819
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526,553
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32,295
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4,487,144
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SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, as
amended, the registrant has duly caused this report to be signed on
its behalf by the undersigned hereunto duly
authorized.
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LOOP INDUSTRIES, INC.
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Date:
June 30, 2020
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By:
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/s/
Daniel Solomita
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Daniel
Solomita
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Chief
Executive Officer and President
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