Local Bounti Corp (N:LOCL)
Business Focus: Organic Farming
May 16, 2024 08:00 am ET
Local Bounti to Mark Opening of New High-Tech Controlled Environment Agriculture Facility in Mount Pleasant, Texas with Ribbon Cutting Ceremony
Expected to create approximately 50 jobs in the Mount Pleasant area
May 09, 2024 07:15 am ET
Local Bounti Announces First Quarter 2024 Financial Results
First customer deliveries from Washington and Texas facilities shipping in second quarter
May 06, 2024 05:07 pm ET
Local Bounti to Release First Quarter 2024 Financial Results on Thursday, May 9, 2024
HAMILTON, Mont., May 6, 2024 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced it will release its financial results for the fiscal first quarter ended March 31, 2024 before the market opens on Thursday, May 9, 2024.
Apr 23, 2024 08:00 am ET
Local Bounti to Mark Opening of New High-Tech Controlled Environment Agriculture Facility in Pasco, Washington with Ribbon Cutting Ceremony
Innovative CEA facility combines vertical and greenhouse technologies to grow sustainable produce year-round using 90% less water and land
Apr 05, 2024 04:30 pm ET
Local Bounti Receives Continued Listing Standard Notice from NYSE
HAMILTON, Mont., April 5, 2024 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced that on April 3, 2024, it received a notice (the "Notice") from the New York Stock Exchange (the "NYSE") that it is not in compliance with the NYSE continued listing standards set forth in Section 802.01B of the NYSE Listed Company Manual (the "Minimum Market Capitalization Standard") due to the fact that the Company's average global market capitalization over a consecutive 30 trading-day period was less than $
Mar 27, 2024 07:15 am ET
Local Bounti Announces Full Year 2023 Financial Results
Georgia facility demonstrating further improvement year-to-date — packed pounds increased 50% versus December 2023 and 3x versus a year ago
Mar 26, 2024 08:00 am ET
Local Bounti to Release Full Year 2023 Financial Results on Wednesday, March 27, 2024
HAMILTON, Mont., March 26, 2024 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced it will release its financial results for the fiscal full year ended December 31, 2023 before the market opens on Wednesday, March 27, 2024.
Feb 21, 2024 07:00 am ET
Local Bounti Receives Patent for Stack & Flow Technology®
HAMILTON, Mont., Feb. 21, 2024 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, announced today that the United States Patent and Trademark Office issued a patent to the Company on February 13, 2024 for its proprietary Stack & Flow Technology.
Jan 24, 2024 08:18 am ET
Local Bounti Amends Cargill Credit Facility and Receives Funds for Working Capital
Company receives $15 million in cash from Cargill as part of amended credit facility
Dec 15, 2023 07:00 am ET
Local Bounti Announces Leadership Transition and Provides Business Update
Board of Directors Re-Appoints Co-Founder Craig Hurlbert as Chief Executive Officer
Oct 30, 2023 04:05 pm ET
Local Bounti Announces Third Quarter 2023 Financial Results
Stack integration at Georgia facility complete, commenced operations in October 2023
Oct 30, 2023 08:00 am ET
Local Bounti to Release Third Quarter 2023 Financial Results on Monday, October 30, 2023
HAMILTON, Mont., Oct. 30, 2023 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company combining the best aspects of vertical and greenhouse growing technologies, today announced it will release its financial results for the third quarter ended September 30, 2023 after the market closes on Monday, October 30, 2023.
Jul 26, 2023 08:00 am ET
Local Bounti to Release Second Quarter 2023 Financial Results on Wednesday, August 9, 2023
HAMILTON, Mont., July 26, 2023 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL, LOCL WS) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company combining the best aspects of vertical and greenhouse growing technologies, today announced it will release its financial results for the second quarter ended June 30, 2023 before the market opens on Wednesday, August 9, 2023.
May 31, 2023 08:00 am ET
Local Bounti Becomes First Indoor Grower to Offer Salads with Chicken in Expansion of Popular Grab & Go Salad Kit Lineup
Artisanal Chicken Caesar and Memphis Style BBQ Chicken Salad Kits to be available at select grocery stores beginning in June
May 25, 2023 05:00 pm ET
Local Bounti Announces Executive Transition, Names Anna Fabrega as CEO as Company Scales Sustainable Growing Technologies
Fabrega brings deep commercial and retail experience as former Freshly CEO and Amazon commerce executive
May 10, 2023 07:15 am ET
Local Bounti Announces First Quarter 2023 Financial Results
Reaffirms full year 2023 guidance of $34 to $40 million
May 03, 2023 08:30 am ET
Local Bounti Completes Sale-leaseback Transaction, Provides Approximately $35 Million of Non-Dilutive Cash
Sale-leaseback of its two California facilities provides financing to support the Company's growth plans
Apr 27, 2023 04:05 pm ET
Local Bounti to Release First Quarter 2023 Financial Results on Wednesday, May 10, 2023
HAMILTON, Mont., April 27, 2023 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL, LOCL WS) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company combining the best aspects of vertical and greenhouse growing technologies, today announced it will release its financial results for the first quarter ended March 31, 2023 before the market opens on Wednesday, May 10, 2023.
Mar 30, 2023 03:00 am ET
CapitalGainsReport: Stocks Under $2 Making Headlines (GROM, LOCL, TIVC, NKLA)
As an investor,
staying up-to-date on the latest news and developments in the stock
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article, we’re taking a look at four stocks with good trading
activity across several stock exchanges.
Mar 29, 2023 07:16 am ET
Local Bounti Secures up to $145 Million of Additional Financing to Support Growth
Amended agreement with Cargill provides additional $110 million to fund construction at Georgia, Texas and Washington facilities
Mar 29, 2023 07:15 am ET
Local Bounti Announces Full Year 2022 Financial Results
Secures up to $145 million of new financing to support growth
Mar 21, 2023 08:00 am ET
Local Bounti Welcomes Jennifer Carr-Smith to its Board of Directors
HAMILTON, Mont., March 21, 2023 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL, LOCL WS) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company combining the best aspects of vertical and greenhouse growing technologies, today announced that Jennifer Carr-Smith has been appointed to the Company's Board of Directors ("Board") and will serve on the Compensation Committee of the Board, in each case effective May 15, 2023. In connection with this appointment, the Board will be increased from 6 to 7 directors.
Mar 17, 2023 08:31 am ET
Local Bounti Amends Credit Agreement to Provide Additional Flexibility and Provides Select Preliminary and Unaudited Fiscal 2022 Performance
Announces preliminary and unaudited fiscal 2022 sales of $19.5 million, adjusted gross margin* of 38%, net loss of $111.1 million, and adjusted EBITDA loss* of $29.8 million
Mar 17, 2023 08:30 am ET
Local Bounti to Release Fiscal Full Year 2022 Financial Results on Wednesday, March 29, 2023
HAMILTON, Mont., March 17, 2023 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL, LOCL WS) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company combining the best aspects of vertical and greenhouse growing technologies, today announced it will release its financial results for the fiscal full year ended December 31, 2022 before the market opens on Wednesday, March 29, 2023.
Jan 11, 2023 07:00 am ET
Local Bounti Introduces Asian Style Chicken Lettuce Wrap Kit Featuring Greenhouse-Grown Living Butter Lettuce
Premium lettuce wrap kit features living butter lettuce grown with innovative indoor agriculture method, offering consumers a fresh, restaurant quality meal at home in about five minutes
Jan 04, 2023 07:00 am ET
Local Bounti Breaks Ground at New High-Tech Controlled Environment Agriculture Facility in Texas to Support Growing Demand
Currently operating the largest national distribution footprint in the industry, future operations in Texas signal Local Bounti's commitment to reduce food miles throughout the United States
Nov 10, 2022 06:15 am ET
Local Bounti Announces Third Quarter 2022 Financial Results
Third quarter revenue of $6.3 million, compared to $0.2 million in the prior year period
Nov 07, 2022 07:00 am ET
Local Bounti Announces Partnership with Sam's Club to Deliver Fresh Produce in New Regions
5-year offtake agreement for Local Bounti's leafy greens production
Nov 03, 2022 08:00 am ET
Local Bounti to Release Third Quarter 2022 Financial Results on Thursday, November 10, 2022
HAMILTON, Mont., Nov. 3, 2022 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL, LOCL WS) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company combining the best aspects of vertical and greenhouse growing technologies, today announced it will release its financial results for the third quarter ended September 30, 2022 before the market opens on Thursday, November 10, 2022.
Oct 24, 2022 08:30 am ET
Local Bounti Announces PIPE Financing to Support Long-term Growth Strategy
Entered into Agreement for $23.3 million PIPE with Fidelity Management & Research Company, BNP Paribas and other existing investors including management
Oct 19, 2022 08:00 am ET
Local Bounti to Showcase New Restaurant Quality, Grab-And-Go Salads at IFPA Global Produce Show
IFPA attendees can sample and experience chef-inspired, grab-and-go salads utilizing Local Bounti's sustainably and locally grown lettuces
Oct 11, 2022 08:00 am ET
Local Bounti Launches Restaurant Quality, Grab-And-Go Salads with Longer-Lasting Lettuce
New premium salads use greens grown with innovative indoor farming technique, resulting in fresher, better-tasting, and longer-lasting meals
Sep 06, 2022 09:15 am ET
Local Bounti Named Global Sustainability Leader by Business Intelligence Group
Innovative Stack & Flow Technology™ Wins Award for Achieving Significant Sustainability Breakthroughs in Farming
Aug 15, 2022 07:15 am ET
Local Bounti Announces Second Quarter 2022 Financial Results
Second quarter revenue of $6.3 million, compared to $0.1 million in the prior year period
Aug 08, 2022 08:00 am ET
Local Bounti to Release Second Quarter 2022 Financial Results on Monday, August 15, 2022
HAMILTON, Mont., Aug. 8, 2022 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) (NYSE: LOCL WS) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company combining the best aspects of vertical and greenhouse growing technologies, today announced it will release its financial results for the second quarter ended June 30, 2022 before the market opens on Monday, August 15, 2022.
Jul 14, 2022 08:00 am ET
Local Bounti Completes Construction of and Opens New High-Tech Controlled Environment Agriculture Facility in Georgia to Support Growing Demand
Innovative new CEA facility combines vertical and greenhouse technologies to grow sustainable produce year-round that lasts 3-5 times longer while using 90% less water and land
Jun 27, 2022 08:00 am ET
Local Bounti Joins the Russell 2000® Index
HAMILTON, Mont., June 27, 2022 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL, LOCL.WT) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company combining the best aspects of vertical and greenhouse growing technologies, today announced that the Company will join the Russell 2000® Index after the conclusion of the 2022 annual reconstitution which will go into effect after the US market opens today, Monday, June 27, 2022.
Jun 01, 2022 08:00 am ET
Local Bounti to Participate in the Cowen 2nd Annual Sustainability & Energy Transition Summit
HAMILTON, Mont., June 1, 2022 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL, LOCL.WT) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company combining the best aspects of vertical and greenhouse growing technologies, today announced that it will be participating virtually in the Cowen 2nd Annual Sustainability & Energy Transition Summit to be held on June 7-8, 2022.
May 11, 2022 08:00 am ET
Local Bounti to Participate in the BMO Global Farm to Market Conference
HAMILTON, Mont., May 11, 2022 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL, LOCL.WT) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company combining the best aspects of vertical and greenhouse growing technologies, today announced that it will be participating in the BMO Global Farm to Market Conference to be held on May 18-19, 2022.
May 09, 2022 04:05 pm ET
Local Bounti Announces First Quarter 2022 Financial Results
Georgia facility expected to commence operations in July 2022
Apr 28, 2022 08:00 am ET
Local Bounti® Issues Full Year 2021 Sustainability Report
HAMILTON, Mont., April 28, 2022 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL, LOCL WS) ("Local Bounti®" or the "Company"), a breakthrough U.S. indoor agriculture company combining the best aspects of vertical and greenhouse growing technologies, today announced the issuance of its full year 2021 Corporate Sustainability Report. The report, which follows standards set forth in the Global Reporting Initiative ("GRI") and Sustainability Accounting Standards Board ("SASB") and aligns with the United Nations Sustainability Development Goals ("UN SDG"), contains firm environmental, social
Apr 25, 2022 08:00 am ET
Local Bounti® to Release First Quarter 2022 Financial Results on Monday, May 9, 2022
HAMILTON, Mont. , April 25, 2022 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL, LOCL WS) ("Local Bounti®" or the "Company"), a breakthrough U.S. indoor agriculture company combining the best aspects of vertical and greenhouse growing technologies, today announced it will release its financial results for the first quarter ended March 31, 2022, after the market closes on Monday, May 9, 2022.
Apr 05, 2022 08:00 am ET
Local Bounti® Closes Acquisition of Pete's®
HAMILTON, Mont., April 5, 2022 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL, LOCL WS) ("Local Bounti®" or the "Company"), a breakthrough U.S. indoor agriculture company combining the best aspects of vertical and greenhouse growing technologies, today announced the successful completion of its acquisition of California-based complementary indoor farming company Hollandia Produce Group, Inc., which operates under the name Pete's®, effective April 4, 2022.
Mar 17, 2022 08:00 am ET
Local Bounti to Participate in the J.P. Morgan Global ESG Conference
HAMILTON, Mont, March 17, 2022 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL, LOCL.WT) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company combining the best aspects of vertical and greenhouse growing technologies, today announced that it will be participating virtually in the J.P. Morgan Global ESG Conference to be held on March 22-24, 2022.
Mar 15, 2022 08:03 am ET
Local Bounti Announces Full Year 2021 Results
Transformative acquisition of Pete's will immediately open distribution to approximately 10,000 retail doors
Mar 15, 2022 08:00 am ET
Local Bounti® to Acquire Pete's® for $122.5 Million Creating Leading CEA Operator with Largest National Retail Distribution Footprint
De-risks near-term operational execution, expanding upon existing market presence and creating a coast-to-coast footprint covering existing relationships at approximately 10,000 retail grocery doors.
Mar 14, 2022 08:00 am ET
Local Bounti® to Release Fiscal Full Year 2021 Financial Results on Tuesday, March 15, 2022
HAMILTON, Mont., March 14, 2022 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL, LOCL WS) ("Local Bounti®" or the "Company"), a breakthrough U.S. indoor agriculture company combining the best aspects of vertical and greenhouse growing technologies, today announced it will release its financial results for the fiscal full year ended December 31, 2021 before the market open on Tuesday, March 15, 2022.
Jan 05, 2022 07:30 am ET
Local Bounti Issues Inaugural Corporate Sustainability Report
HAMILTON, Mont., Jan. 5, 2022 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL)(Local Bounti), a breakthrough U.S. indoor agriculture company, today announced the issuance of its inaugural Corporate Sustainability Report. The report, which follows the Global Reporting Initiative (GRI) and Sustainability Accounting Standards Board (SASB) standards and aligns with the United Nations Sustainability Development Goals (UN SDG), contains firm environmental, social and governance (ESG) commitments — a first for the controlled environment agriculture (CEA) industry — including:
Nov 22, 2021 06:00 am ET
Local Bounti, Disruptive AgTech Company, Closes Business Combination with Leo Holdings III Corp to List on NYSE Under the Ticker "LOCL"
HAMILTON, Mont., Nov. 22, 2021 /PRNewswire/ -- Breakthrough U.S. indoor agriculture company Local Bounti Corporation ("Local Bounti"), today announced the successful closing of its approximately $1.1 billion business combination with Leo Holdings III Corp (NYSE:LIII) ("Leo"), a publicly traded special purpose acquisition company, on November 19, 2021. As a result of the closing of the business combination, Leo was renamed Local Bounti Corporation. The common stock and public warrants of Local Bounti will begin trading on the New York Stock Exchange today, November 22, 2021, under the ticker
Nov 17, 2021 07:30 am ET
Leo Holdings III Corp and Disruptive AgTech Company Local Bounti Corporation Announce Approval of all Proposals to Consummate ~$1.1 Billion Business Combination
NEW PROVIDENCE, The Bahamas, Nov. 17, 2021 /PRNewswire/ -- Leo Holdings III Corp (NYSE:LIII) ("Leo"), a publicly traded special purpose acquisition company, today announced the passing of the business combination proposal and other proposals at its extraordinary general meeting of Leo's shareholders held at 9:00 a.m. New York City Time on Tuesday, November 16, 2021 (the "Extraordinary General Meeting"), in connection with its ~$1.1 billion business combination with Local Bounti Corporation ("Local Bounti"), a disruptive AgTech company. Leo also announced the passing of the proposal to amend
Nov 15, 2021 07:30 am ET
Leo Holdings III Corp Announces Quorum to Pass ~$1.1 Billion Business Combination with Disruptive AgTech Company Local Bounti and Achievement of all Transaction Requirements Inclusive of Minimum Cash
NEW PROVIDENCE, THE BAHAMAS, Nov. 15, 2021 /PRNewswire/ -- Leo Holdings III Corp (NYSE:LIII) ("Leo"), a publicly traded special purpose acquisition company, today announced that it had achieved a quorum for the extraordinary general meeting of Leo's shareholders to be held at 9:00 a.m. New York City Time on Tuesday, November 16, 2021 (the "Extraordinary General Meeting"), in connection with its ~$1.1 billion business combination with Local Bounti Corporation ("Local Bounti"), a disruptive AgTech company. Leo's shareholders who have submitted proxies to date on the proposals included in Leo's
Aug 09, 2021 08:30 am ET
Local Bounti, Disruptive AgTech Company Redefining the Future of Farming, Appoints Food Industry Veteran, Mark McKinney, as Chief Operating Officer
HAMILTON, Mont., Aug. 9, 2021 /PRNewswire/ -- Breakthrough U.S. indoor agriculture company Local Bounti Corporation (Local Bounti), today announced the appointment of highly experienced executive, Mark McKinney, a global food industry leader with over 20 years of domestic and international experience with premier food companies as Chief Operating Officer (COO). Focusing on key levers for future growth, David Vosburg will transition from his current role as Local Bounti's COO to Chief Innovation Officer, overseeing product development, genetics and new technology.
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