secwatch.observer — SEC 8-K summary
======================================

Issuer:     Local Bounti Corporation/DE (LOCL)
CIK:        0001840780
Form:       8-K
Filed at:   2024-06-14T23:59:59+00:00
Accession:  0001193125-24-161641
Event type: other
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 5.07, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Local Bounti shareholders approve 510K share increase to equity plan, officer exculpation charter amendment
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1840780/000119312524161641/0001193125-24-161641-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1840780/000119312524161641/d854530d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-161641

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer