Local Bounti Corporation/de

Local Bounti Corporation reports significant changes to its Board of Directors, including the resignation of its Executive Chairman and Lead Independent Director.

Local Bounti Corporation stockholders approved the election of directors, auditor ratification, and share issuance for convertible notes.

Local Bounti announced first quarter 2026 financial results, showing a 15% increase in revenue to $13.3 million and a significant improvement in net loss and Adjusted EBITDA loss.

Local Bounti Corporation announced its fourth quarter and full year 2025 financial results, reporting significant revenue growth and improved net loss and Adjusted EBITDA, alongside strategic retail expansion and a new patent.

Local Bounti Corporation has entered into a $15 million convertible note and warrant purchase agreement with U.S. Bounti, LLC, bolstering working capital and adjusting debt covenants.

Local Bounti Corporation received a notice from the NYSE for non-compliance with continued listing standards due to low market capitalization and stockholders' equity.

Local Bounti Corporation reported a 15% increase in sales for Q1 2026, driven by expanded production, though the company continues to face significant operating losses and liquidity concerns.

Local Bounti Corporation reported a 19% increase in Q3 sales and a significant debt restructuring, yet continues to face substantial net losses and an accumulated deficit.

Local Bounti Corporation reported a 28% increase in Q2 sales and a significant debt restructuring, aiming to improve financial stability despite continued net losses.

Local Bounti reports Q1 2025 results, including a debt restructuring, a $25 million investment, and continued efforts to scale production and expand distribution.

Local Bounti Corporation reported a 50% increase in sales for the third quarter of 2024 compared to the same period last year, but faces substantial doubt about its ability to continue as a going concern due to liquidity issues.

Local Bounti Corporation saw a 31% increase in sales and a reduction in operating losses in the second quarter of 2024, driven by expanded production and new facilities.

Local Bounti Corporation reported a 27% increase in sales and a significant reduction in net loss for fiscal year 2025, driven by new facility operations and yield enhancements, despite ongoing operating losses and NYSE listing concerns.

Local Bounti's 10-K filing reveals a company focused on sustainable agriculture, strategic expansion, and improving unit economics despite ongoing losses.

Local Bounti's 2023 annual report highlights strategic expansion, technology integration, and a focus on achieving positive adjusted EBITDA by early 2025.

Local Bounti Corporation's President and CEO, Kathleen Valiasek, sold 118,720 shares of common stock to cover tax withholding obligations related to equity awards.

Director Charles R. Schwab Jr. was granted 62,949 restricted stock units in Local Bounti Corporation.

Director Matthew Nordby acquired 62,949 restricted stock units in Local Bounti Corporation as part of an equity grant.

Local Bounti Corporation director Mark Joseph Nelson was granted 62,949 restricted stock units as part of his compensation.

Director Michael Molnar acquired 62,949 restricted stock units in Local Bounti Corporation as part of a standard equity compensation grant.

Director Pamela Brewster acquired 62,949 restricted stock units in Local Bounti Corporation as part of a standard equity compensation grant.

Local Bounti Corporation has announced its 2026 Annual Meeting of Stockholders to be held on June 10, 2026, with key proposals including the election of directors, ratification of auditors, and approval for the issuance of shares related to a convertible note and warrant.

Local Bounti Corporation has filed definitive additional materials related to its proxy statement under Section 14(a) of the Securities Exchange Act of 1934.

Local Bounti Corporation is calling a special meeting to approve the issuance of common stock to its majority shareholder, U.S. Bounti, related to a $10 million convertible note and warrant agreement.

Local Bounti Corporation has filed a definitive proxy statement with the Securities and Exchange Commission.

Local Bounti is asking stockholders to vote on proposals including the election of directors, ratification of auditors, approval of share issuance related to preferred stock conversion, and an amendment to the equity incentive plan at its upcoming annual meeting.

Local Bounti Corporation has filed a definitive proxy statement with the SEC.

Local Bounti Corporation reports a sale of 45,766 shares by insider Craig M. Hurlbert to cover tax withholding obligations.

Local Bounti Corporation has secured a $10 million private investment from entities associated with Charles R. Schwab, involving a convertible note and stock warrants.

Charles R. Schwab and affiliated entities significantly increased their beneficial ownership in Local Bounti Corporation to 60.5% after the conversion of Series A Preferred Stock into common stock, following a $25 million PIPE investment.

A group of investors, including entities affiliated with Charles R. Schwab, have completed a $25 million PIPE investment in Local Bounti Corporation, significantly increasing their stake and securing key board positions.

An amendment to Schedule 13D reveals that Craig M. Hurlbert and Wheat Wind Farms LLC have increased their beneficial ownership in Local Bounti Corporation, with Mr. Hurlbert's total stake reaching 16.2%.