Local Bounti Amends Cargill Credit Facility and Receives Funds for Working Capital [Yahoo! Finance]
Local Bounti Corporation (LOCL)
Company Research
Source: Yahoo! Finance
New facilities begin to ramp ? Washington seeded and Texas expected to commence seeding by end of January 2024 ? provides capacity for new product introductions to support long-term revenue diversification and expansion HAMILTON, Mont. Jan. 24, 2024 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced that it has secured additional cash to fund working capital as part of its amended credit facility with Cargill Financial Services International, Inc. ("Cargill"). Craig Hurlbert, Chief Executive Officer of Local Bounti commented, "As we transition into 2024, our team is energized and has its sights set on becoming the most efficient CEA produce company in the industry. We have made incredible progress with the development of our Stack & Flow Technology ® , now on full display at our Georgia facility where it has enabled us to double run-rate production. This integration has been inst
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LOCL
News
- Local Bounti to Mark Opening of New High-Tech Controlled Environment Agriculture Facility in Pasco, Washington with Ribbon Cutting Ceremony [Yahoo! Finance]Yahoo! Finance
- Local Bounti to Mark Opening of New High-Tech Controlled Environment Agriculture Facility in Pasco, Washington with Ribbon Cutting CeremonyPR Newswire
- Local Bounti Receives Continued Listing Standard Notice from NYSE [Yahoo! Finance]Yahoo! Finance
- Local Bounti Receives Continued Listing Standard Notice from NYSEPR Newswire
- Kirk Maynord hits the gas and pulls away at Golfweek Senior Division National Championship [USA TODAY]USA TODAY
LOCL
Earnings
- 3/27/24 - Miss
LOCL
Sec Filings
- 4/26/24 - Form 4
- 4/26/24 - Form 4
- 4/26/24 - Form 4
- LOCL's page on the SEC website