other
confidence high
sentiment neutral
materiality 0.50
Local Bounti shareholders approve 510K share increase to equity plan, officer exculpation charter amendment
Local Bounti Corporation/DE
- Shareholders approved Plan Amendment increasing equity plan shares by 510,000 to total 1,439,380 shares.
- Charter Amendment adopted limiting officer liability in specific circumstances per Delaware law.
- Elected Class III directors: Craig Hurlbert, Travis Joyner, Jennifer Carr-Smith with >92% votes for each.
- Board adopted Amended and Restated Bylaws updating advance notice, universal proxy, and Delaware law conformity.
- Ratified WithumSmith+Brown as independent auditor for FY2024 with 98.9% votes for.