Northern Private Capital Group Reduces Stake in Loop Industries, Inc. Below 5% Threshold
On August 26, 2026, a group of reporting persons led by Andrew Lapham and including Northern Private Capital (NPC) entities filed an Amendment No. 4 to their Schedule 13D for Loop Industries, Inc. (LOOP). The filing indicates that as of August 20, 2026, the reporting group ceased to be beneficial owners of more than 5% of the company's common stock following a series of open market sales. In aggregate, the reporting persons now beneficially own 2,266,681 shares, representing approximately 4.7% of the 48,380,371 shares outstanding. Specifically, Northern Private Capital Fund I Limited Partnership holds 1,667,065 shares (3.4%), while Northern Private Capital Fund I Non-Resident Limited Partnership holds 561,632 shares (1.2%). Andrew Lapham maintains sole beneficial ownership of an additional 37,984 shares. Other reporting persons in the group, including John Risley and CFFI Ventures Inc., share beneficial ownership of the 2,228,697 shares held by the NPC funds. This transaction marks a significant reduction from their previously reported position.