Local Bounti Corporation/de 8-K filings

Local Bounti announced second quarter 2026 financial results, showcasing 14% revenue growth and a 17% improvement in Adjusted EBITDA loss, alongside a $12.5 million investment from a strategic investor.

Local Bounti Corporation has entered into a Convertible Note and Warrant Purchase Agreement, securing $12.5 million in financing with U.S. Bounti, LLC.

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 announced the appointment of Anthony Hughes as Interim Chief Financial Officer and Kathleen Valiasek's addition to the Board of Directors.

Local Bounti Corporation announced third quarter 2025 financial results, reporting 19% year-over-year revenue growth and a reduced net loss, while advancing strategic partnerships and operational efficiencies.

Local Bounti Corporation stockholders approved the issuance of common stock related to a convertible note and warrant agreement with U.S. Bounti, LLC at a Special Meeting.

Local Bounti Corporation reported a 28% year-over-year revenue increase in Q2 2025, driven by expanded facility operations and retail relationships, while significantly reducing its net and adjusted EBITDA losses.

Local Bounti Corporation secured $10 million in new financing via a convertible note and warrant, while simultaneously reducing its senior debt by $10 million.

Local Bounti Corporation announced the results of its 2025 Annual Meeting of Stockholders, where key proposals including an equity incentive plan amendment and the conversion of all outstanding preferred stock to common stock were approved.

Local Bounti announces a 38% year-over-year revenue increase and reaffirms its expectation to achieve positive adjusted EBITDA in the third quarter of 2025.

Local Bounti reports a 38% increase in sales for 2024, secures $27.5 million in new funding, restructures debt, and announces Kathleen Valiasek as the new CEO.

Local Bounti Corporation announces a debt restructuring agreement with Cargill Financial Services, along with a $25 million PIPE investment, to strengthen its financial position.

Local Bounti saw a 50% increase in sales in the third quarter of 2024, but has shifted its timeline for achieving positive adjusted EBITDA to the second quarter of 2025 due to a strategic production realignment.

Local Bounti announced its second quarter 2024 financial results, highlighting increased sales and progress in facility expansion, while also securing additional financing.

Local Bounti Corporation has promoted its Chief Financial Officer, Kathleen Valiasek, to President and CFO, effective immediately, while also adjusting executive compensation.

Local Bounti Corporation's stockholders approved an increase in the share pool for its equity incentive plan and amendments to its charter and bylaws at the 2024 annual meeting.

Local Bounti announced its first quarter 2024 financial results, highlighted by a 25% increase in sales and plans for significant expansion and financing.

Local Bounti Corporation received a notice from the NYSE for not meeting the minimum market capitalization and stockholders' equity requirements, putting its listing at risk.

Local Bounti announced a 42% increase in revenue for 2023 and expects to achieve positive adjusted EBITDA in early 2025, driven by expanded production capacity and cost optimization efforts.

Local Bounti Corporation has amended its credit agreements and a common stock purchase warrant with Cargill Financial Services International, allowing for payment-in-kind of interest and reducing the warrant exercise price.