---
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"
generated_at: "2026-06-14T00:35:38.283120+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Local Bounti effects 1-for-13 reverse stock split of common stock effective June 15, 2023

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.03, 5.03, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-167423
- JSON: https://secwatch.observer/filing/0001193125-23-167423.json
- Plain text: https://secwatch.observer/filing/0001193125-23-167423.txt

## Key facts
- Governance Changes
  Local Bounti Corporation/DE: Filed certificate of amendment to effect a 1-for-13 reverse stock split of common stock (effective 2023-06-15).
  - Change: charter amendment
  - Effective: 2023-06-15
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1840780/000119312523167423/0001193125-23-167423-index.htm

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