SK global chemical invests $56.5 million in Loop Industries

SK global chemical completed a $56.5 million purchase of new treasury common shares of Loop Industries at $12 per share, acquiring a 10% stake. The investment was announced on June 23, 2021 and closed on August 2, 2021.

“Loop announced the closing of a $56.5 million purchase of new treasury common shares of Loop Industries by SK global chemical at $12 per share.”nasdaq.com

• 1 source
• nasdaq.comLoop Industries Provides Business Update and Reports Second Quarter Financial Results of Fiscal Year 2022 | NasdaqOct 15, 2021

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