Loop Industries forms strategic alternatives committee, names Jeff Geygan board chair
LOOP•
LOOP•The committee’s focus centers on funding Loop’s capital contribution for the planned India joint venture, including project-level debt or equity financing.
The review also includes potential strategic transactions such as licensing, partnerships, business combinations, or a sale or merger.
Loop Industries said it has formed a Strategic Alternatives Committee to drive commercialization, bolster capital, and pursue options to maximize shareholder value.
Jeff Geygan was appointed board chairman, separating the chairman and CEO roles to set a board-led review of strategy and capital needs.