Jul. 3 at 9:06 PM
$LOOP just filed for a
$15M ATM offering - their second capital raise in 12 months. Dilution risk spikes as they tap Roth Capital at 3% fees. Bullish on the tech, but burning cash (-
$5.7M TTM) with 8.4x debt/equity? This smells like survival mode, not growth mode. Proceed with extreme caution.
https://www.sec.gov/Archives/edgar/data/1504678/000165495425007772/loop_8k.htm