04:56 PM EDT, 08/30/2024 (MT Newswires) -- Loop Industries ( LOOP ) filed a registration statement with the US Securities and Exchange Commission for a potential sale of $175 million of securities from time to time in one or more offerings.

The statement covers debt securities, common stock, preferred stock, depositary shares, warrants, subscription rights, and units, according to the filing Friday.

The company plans to use the proceeds for working capital and other general corporate purposes.