Business Context and Reporting Period
Company: Loop Industries, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: June 1, 2021
Reporting Period: This filing serves as a procedural update to the Annual Report on Form 10-K for the fiscal year ended February 28, 2021. It does not contain new operational data for the period of June 2021.
Key Financial Metrics
This Form 8-K does not contain specific financial data points such as revenue, profit, cash flow, margins, debt, or liquidity. The filing references the audited consolidated financial statements for the year ended February 28, 2021, which are included in the referenced Form 10-K and Exhibit 99.1, but the numerical values are not present in this specific text.
Material Changes
There are no material changes to financial results or operations reported in this document. The filing addresses a technical discrepancy regarding the audit report:
- The Form 10-K filed previously omitted the Quebec professional permit number of the lead audit partner from PricewaterhouseCoopers LLP (PwC).
- Exhibit 99.1 of this 8-K includes the corrected audit report with the required permit number to comply with Quebec professional license requirements.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, or discussion of risks and contingencies. The document is strictly administrative, intended to satisfy regulatory requirements in the Province of Quebec, Canada.
Investor Verification Checklist
- Verify the audited financial statements for the fiscal year ended February 28, 2021, by reviewing the full Form 10-K or Exhibit 99.1 referenced in this filing.
- Confirm that the audit report in the 10-K and this 8-K differ only by the inclusion of the Quebec professional permit number for the PwC lead partner.
- Note that this 8-K is furnished and not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, except as expressly incorporated by reference.