secwatch.observer — SEC 8-K summary
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Issuer:     Local Bounti Corporation/DE (LOCL)
CIK:        0001840780
Form:       8-K
Filed at:   2025-10-17T23:59:59+00:00
Accession:  0001628280-25-045340
Event type: other
Sentiment:  neutral
Materiality: 0.15
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Local Bounti shareholders approve issuance of up to 5.68M shares to U.S. Bounti
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1840780/000162828025045340/0001628280-25-045340-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1840780/000162828025045340/locl-20251014.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-045340

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