secwatch.observer — SEC 8-K summary
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Issuer:     Local Bounti Corporation/DE (LOCL)
CIK:        0001840780
Form:       8-K
Filed at:   2026-02-11T23:59:59+00:00
Accession:  0001628280-26-007269
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Local Bounti receives NYSE delisting notice for failing minimum market cap standard
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- Average global market cap below $50M over 30 consecutive trading days; stockholders' equity also under $50M.
- Company has 45 days to submit a plan to regain compliance within a 9-month cure period.
- NYSE will review the plan; stock continues trading during cure period but no assurance of compliance.
- Company is considering all options but can provide no guarantee of maintaining NYSE listing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1840780/000162828026007269/0001628280-26-007269-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1840780/000162828026007269/locl-20260205.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-007269

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