Yahoo Finance [Yahoo! Finance]
Local Bounti Corporation (LOCL)
Company Research
Source: Yahoo! Finance
agriculture company, today announced that it secured $15 million through the issuance of a convertible note with an existing strategic investor (the "Agreement"). Local Bounti Logo (PRNewsfoto/Local Bounti) "We are pleased to continue to have the strong support of our financing partners as we execute on our growth strategy," said Kathleen Valiasek, President and Chief Executive Officer of Local Bounti. "This additional capital from an existing strategic investor provides us with the financial flexibility to invest in our operations and drive long-term value creation." The terms of the Agreement are set forth in the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on March 16, 2026. About Local Bounti Local Bounti is redefining indoor farming with an innovative method – its patented Stack & Flow Technology® – that significantly improves crop turns, increases output and improves unit economics. Local Bounti operates advanced indoor growing
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LOCL
News
- Local Bounti secures $15 million of new capital to advance growth strategy [Seeking Alpha]Seeking Alpha
- Local Bounti Secures $15 Million of New Capital to Advance Growth StrategyPR Newswire
- Farming Futures: Smart greenhouses are changing food production [USA TODAY]USA TODAY
- Local Bounti Receives Continued Listing Standard Notice from NYSEPR Newswire
LOCL
Earnings
- 8/13/25 - Beat
LOCL
Sec Filings
- 3/18/26 - Form SCHEDULE
- 3/17/26 - Form 4
- 3/16/26 - Form 8-K
- LOCL's page on the SEC website