{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-167423","form_type":"8-K","ticker":"LOCL","cik":"0001840780","company_name":"Local Bounti Corporation/DE","filed_at":"2023-06-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.081071+00:00","generated_at":"2026-06-14T00:35:38.283120+00:00","sec_items":["3.03","5.03","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Local Bounti effects 1-for-13 reverse stock split of common stock effective June 15, 2023","bullets":["Reverse split ratio 1-for-13; every 13 shares become 1 share; trading symbol LOCL unchanged.","Effective 12:01 a.m. ET June 15, 2023; new CUSIP 53960E 205.","No fractional shares; cash payment in lieu at closing price on June 14, 2023.","Warrants (LOCL WS) adjusted: 13 warrants exercisable for 1 share at $149.50/share.","Authorized shares and par value unchanged; equity awards proportionately adjusted."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-167423","json":"https://secwatch.observer/filing/0001193125-23-167423.json","markdown":"https://secwatch.observer/filing/0001193125-23-167423.md","text":"https://secwatch.observer/filing/0001193125-23-167423.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1840780/000119312523167423/0001193125-23-167423-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1840780/000119312523167423/d522959d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T00:35:38.283120+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"9e55052e3ac68357a4b94857be60dd50f093d509","claim":"Local Bounti Corporation/DE: Filed certificate of amendment to effect a 1-for-13 reverse stock split of common stock (effective 2023-06-15).","evidence_excerpt":"On June 14, 2023, Local Bounti Corporation (the “Company”) filed with the Secretary of State of the State of Delaware a certificate of amendment (the “Certificate of Amendment”) to the Company’s Certificate of Incorporation to effect a 1-for-13 reverse stock split (the “Reverse Stock Split”) of its common stock, par value $0.0001 per share (“Common Stock”).","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1840780/000119312523167423/0001193125-23-167423-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2023-06-15"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}