---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-160812"
form_type: "8-K"
ticker: "LOCL"
cik: "0001840780"
company_name: "Local Bounti Corporation/DE"
filed_at: "2023-06-05T23:59:59+00:00"
generated_at: "2026-06-14T07:33:13.987351+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Local Bounti Board approves 1-for-13 reverse stock split effective June 15, 2023

## Summary
- Board approved 1-for-13 reverse stock split effective June 15, 2023; stockholders had approved on April 26, 2023.
- No fractional shares; cash payment based on closing price on June 14, 2023.
- Warrants adjusted: every 13 warrants become exercisable for one share at $149.50.
- Common stock CUSIP changes to 53960E 205; trading symbol LOCL unchanged.

## SEC filing metadata
- accession: 0001193125-23-160812
- form_type: 8-K
- ticker: LOCL
- cik: 0001840780
- company_name: Local Bounti Corporation/DE
- filed_at: 2023-06-05T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1840780/000119312523160812/0001193125-23-160812-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1840780/000119312523160812/d490216d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-160812
- JSON: https://secwatch.observer/filing/0001193125-23-160812.json
- Plain text: https://secwatch.observer/filing/0001193125-23-160812.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.