Local Bounti Corporation held a Special Meeting of Stockholders on October 14, 2025. At the meeting, shareholders approved the issuance of up to 5,131,871 shares of common stock upon the conversion of a convertible note issued to U.S. Bounti, LLC, as well as the issuance of up to 550,000 shares underlying a common stock purchase warrant. Shareholders also approved the potential adjournment of the meeting to solicit additional proxies if needed.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Local Bounti Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-25-045340), on October 17, 2025, and is solely responsible for the information contained therein.
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