other
confidence high
sentiment neutral
materiality 0.15
Local Bounti shareholders approve issuance of up to 5.68M shares to U.S. Bounti
Local Bounti Corporation/DE
- Approved issuance of up to 5,131,871 shares upon conversion of convertible note to U.S. Bounti.
- Approved issuance of up to 550,000 shares underlying a common stock purchase warrant to U.S. Bounti.
- Both proposals passed with over 99% of votes cast in favor; quorum of 74.2% was present.