Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
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- Peter Lynch
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 |
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
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Loop Industries, Inc. (Name of Issuer) |
Common Stock, par value $0.0001 per share (Title of Class of Securities) |
543518104 (CUSIP Number) |
Sung Young Baek 51, Jong-ro, Jongno-gu, Seoul, M5, 03161 82-2-2121-5114 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) |
07/23/2025 (Date of Event Which Requires Filing of This Statement) |
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the
Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other
provisions of the Act (however, see the Notes).
SCHEDULE 13D
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| CUSIP No. | 543518104 |
| 1 |
Name of reporting person
SK geo centric Co., Ltd. | ||||||||
| 2 | Check the appropriate box if a member of a Group (See Instructions)
(a)
(b)
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| 3 | SEC use only | ||||||||
| 4 |
Source of funds (See Instructions)
AF, WC | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
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| 6 | Citizenship or place of organization
KOREA, REPUBLIC OF
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| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 11 | Aggregate amount beneficially owned by each reporting person
0.00 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
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| 13 | Percent of class represented by amount in Row (11)
0 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
CO |
Comment for Type of Reporting Person:
Row 13. See Item 4 below. This constitutes an exit filing for the Reporting Person.
SCHEDULE 13D
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| Item 1. | Security and Issuer | |
| (a) | Title of Class of Securities:
Common Stock, par value $0.0001 per share | |
| (b) | Name of Issuer:
Loop Industries, Inc. | |
| (c) | Address of Issuer's Principal Executive Offices:
480 Fernand-Poitras Terrebonne, Quebec,
CANADA (FEDERAL LEVEL)
, J6Y 1Y4. | |
Item 1 Comment:
This Amendment No. 2 (this "Amendment No. 2") amends and supplements the Schedule 13D filed by the Reporting Person on August 9, 2021, as amended by Amendment No. 1 on July 3, 2025 (the "Schedule 13D"). This Amendment No. 2 is the fin
al amendment to the Schedule 13D and an exit filing for the Reporting Person. Capitalized terms used but not otherwise defined in this Amendment No. 2 have the meanings set forth in the Schedule 13D. | ||
| Item 2. | Identity and Background | |
| (a) | SK geo centric Co., Ltd. | |
| (b) | 51, Jong-ro, Jongno-gu, Seoul, 03161, Republic of Korea | |
| (c) | N/A | |
| (d) | None | |
| (e) | None | |
| (f) | Republic of Korea | |
| Item 3. | Source and Amount of Funds or Other Consideration | |
The information contained in Item 3 of the Schedule 13D is incorporated herein by reference. | ||
| Item 4. | Purpose of Transaction | |
The Information contained in Item 4 of the Schedule 13D is hereby amended and restated in its entirety by the following: Pursuant to the transactions described in Item 5(c) of this Amendment No. 2, the Reporting Person no longer holds any shares of the Issuer's Common Stock and accordingly, has ceased to be the beneficial owner of more than 5% of the Issuer's outstanding Common Stock. | ||
| Item 5. | Interest in Securities of the Issuer | |
| (a) | 0 | |
| (b) | 0 | |
| (c) | The information contained in Item 5(c) of the Schedule 13D is incorporated herein by reference. From July 3, 2025 to July 10, 2025, the Reporting Person has disposed of an aggregate of 237,339 shares of Common Stock in open-market transactions effected on the NASDAQ as follows: (1) on July 3, 2025, 38,351 shares at $1.2431 per share, (2) on July 7, 2025, 45,400 shares at $1.1931 per share, (3) on July 8, 2025, 28,558 shares at $1.2047 per share, (4) on July 9, 2025, 88,730 shares at $1.0962 per share, and (5) on July 10, 2025, 36,300 shares at $1.1183 per share. On July 23, 2025, the Reporting Person sold 3,935,367 shares of Common Stock to Daniel Solomita at a price of $1.0096 per share. Except as described herein, the Reporting Person has not effected any transactions in the shares of the Issuer's Common Stock during the past 60 days. | |
| (d) | N/A | |
| (e) | July 23, 2025 | |
| Item 6. | Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer | |
The information contained in Item 6 of the Schedule 13D is incorporated herein by reference. | ||
| SIGNATURE | |
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
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