Local Bounti Corp. Files 8-K on Shareholder Vote Matters
Ticker: LOCLW · Form: 8-K · Filed: Oct 17, 2025 · CIK: 1840780
| Field | Detail |
|---|---|
| Company | Local Bounti Corporation/De (LOCLW) |
| Form Type | 8-K |
| Filed Date | Oct 17, 2025 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, shareholder-vote, sec-filing
Related Tickers: LOCL
TL;DR
Local Bounti (LOCL) filed an 8-K for a shareholder vote on Oct 14th.
AI Summary
Local Bounti Corporation/DE filed an 8-K on October 17, 2025, reporting on matters submitted to a vote of security holders on October 14, 2025. The filing details the company's corporate actions and governance, with its principal executive offices located at 490 Foley Lane, Hamilton, MT 59840.
Why It Matters
This filing indicates that Local Bounti Corporation held a vote of its security holders, which could pertain to significant corporate decisions or governance changes that may impact the company's future direction.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of a shareholder vote, not indicating any immediate financial distress or significant negative event.
Key Numbers
- 001-40125 — SEC File Number (Identifies the company's filing history with the SEC.)
- 83-3686055 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- Local Bounti Corporation/DE (company) — Registrant
- October 14, 2025 (date) — Date of earliest event reported
- October 17, 2025 (date) — Date of report
- 490 Foley Lane, Hamilton, MT 59840 (address) — Principal executive offices
- Leo Holdings III Corp. (company) — Former company name
FAQ
What specific matters were submitted for a vote by Local Bounti Corporation's security holders on October 14, 2025?
The filing states that the 8-K is for 'Submission of Matters to a Vote of Security Holders' but does not detail the specific proposals voted upon within the provided text.
When was Local Bounti Corporation incorporated or organized?
The company was incorporated or organized in Delaware, as indicated by 'Delaware' under the 'State or other jurisdiction of incorporation or organization'.
What was Local Bounti Corporation's former name?
The company's former name was Leo Holdings III Corp., with a date of name change on January 15, 2021.
What is the primary business of Local Bounti Corporation?
The Standard Industrial Classification (SIC) code provided is AGRICULTURE PRODUCTION - CROPS [0100], indicating its primary business is in crop production.
What is the physical address of Local Bounti Corporation's principal executive offices?
The principal executive offices are located at 490 Foley Lane, Hamilton, MT 59840.
Filing Stats: 598 words · 2 min read · ~2 pages · Grade level 12.2 · Accepted 2025-10-17 16:03:18
Key Financial Figures
- $0.0001 — ich registered Common stock, par value $0.0001 per share LOCL New York Stock Exchange
Filing Documents
- locl-20251014.htm (8-K) — 28KB
- locl-20251014_g1.gif (GRAPHIC) — 6KB
- 0001628280-25-045340.txt ( ) — 160KB
- locl-20251014.xsd (EX-101.SCH) — 2KB
- locl-20251014_lab.xml (EX-101.LAB) — 22KB
- locl-20251014_pre.xml (EX-101.PRE) — 13KB
- locl-20251014_htm.xml (XML) — 3KB
07 Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders On October 14, 2025, Local Bounti Corporation (the "Company") held a Special Meeting of Stockholders (the "Special Meeting"). As of the Special Meeting record date of August 22, 2025, there were 22,123,010 shares of the Company's common stock, par value $0.0001 per share ("Common Stock"), outstanding and entitled to vote at the Special Meeting, 74.2% of which were present via live webcast or by proxy at the Special Meeting, constituting a quorum to conduct business. At the Special Meeting, stockholders voted on the following matters: 1. Stockholders approved, for purposes of complying with the rules of the New York Stock Exchange ("NYSE"), (i) the issuance of up to 5,131,871 shares of Common Stock, upon the conversion of the convertible note issued to U.S. Bounti, LLC ("U.S. Bounti") pursuant to the Convertible Note and Warrant Purchase Agreement, dated as of August 1, 2025, between the Company and U.S. Bounti (the "Purchase Agreement"), and (ii) the issuance of up to 550,000 shares of Common Stock underlying the common stock purchase warrant issued to U.S. Bounti pursuant to the Purchase Agreement (such proposal, the "NYSE Approval Proposal"), based on the following votes: For 16,394,367 Against 17,872 Abstain 1,763 Broker Non-Votes 0 2. Stockholders approved the adjournment of the Special Meeting, if deemed necessary or appropriate, to solicit additional proxies if there are not sufficient votes in favor of the NYSE Approval Proposal, based on the following votes: For 16,395,341 Against 17,281 Abstain 1,380 Broker Non-Votes 0 SIGNATURE Pursuant to the requirements of the Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Local Bounti Corporation /s/ Kathleen Valiasek Name: Kathleen Valiasek Title: President, Chief Executive Officer and Chief Financial Officer Date: October 17, 2025