secwatch.observer — SEC 8-K summary
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Issuer:     Local Bounti Corporation/DE (LOCL)
CIK:        0001840780
Form:       8-K
Filed at:   2026-08-12T11:31:07+00:00
Accession:  0001628280-26-055950
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Local Bounti Q2 revenue up 14% to $13.9M; net loss narrows to $19.8M
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- Q2 2026 sales $13.9M, +14% YoY (vs $12.1M) and +4% sequentially from $13.3M in Q1.
- Net loss improved to $19.8M from $21.6M YoY; adjusted EBITDA loss narrowed 17% to $5.8M (vs $7.1M).
- Received additional $12.5M investment from existing strategic investor via convertible note and warrant post-quarter-end.
- Cash and restricted cash $10.1M at June 30, 2026; ~13,000 retail doors served.
- Added five new/expanded retail partnerships in past two quarters; Single Serve Salad Kit pilot in ~400 stores fall 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1840780/000162828026055950/0001628280-26-055950-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1840780/000162828026055950/locl-20260812.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-055950

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