---
schema_version: "secwatch.filing_event.v1"
accession: "0001840780-23-000039"
form_type: "8-K"
ticker: "LOCL"
cik: "0001840780"
company_name: "Local Bounti Corporation/DE"
filed_at: "2023-10-20T23:59:59+00:00"
generated_at: "2026-06-09T18:57:09.641770+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# NYSE delists Local Bounti warrants (LOCL WS) due to abnormally low price

## Summary
- NYSE halted trading in warrants on Oct 17, 2023 due to low price.
- NYSE notified company on Oct 18 of delisting determination under Section 802.01D.
- Company evaluating whether to appeal the NYSE's delisting determination.
- Common stock (LOCL) continues trading on NYSE unaffected.
- Warrants originally issued when company was SPAC Leo Holdings III Corp.

## SEC filing metadata
- accession: 0001840780-23-000039
- form_type: 8-K
- ticker: LOCL
- cik: 0001840780
- company_name: Local Bounti Corporation/DE
- filed_at: 2023-10-20T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1840780/000184078023000039/0001840780-23-000039-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1840780/000184078023000039/locl-20231017.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001840780-23-000039
- JSON: https://secwatch.observer/filing/0001840780-23-000039.json
- Plain text: https://secwatch.observer/filing/0001840780-23-000039.txt

## Key facts
- Listing & Compliance Notices
  Local Bounti Corporation/DE received a nyse delisting notice notice regarding other (rules 802.01D).
  - Exchange: nyse
  - Notice: delisting notice
  - Rules: 802.01D
  source text: October 18, 2023, the NYSE provided written notice to the Company and publicly announced that NYSE Regulation has determined to commence proceedings to delist the Warrants and that the Warrants are no longer suitable for listing based on “abnormally low” price levels, pursuant to Section 802.01D of the NYSE Listed Company Manual. To effect the delisting, the NYSE will apply to the Securities and Exchange Commission to delist the Warrants upon completion of applicable procedures. The Company is still evaluating whether it will appeal the NYSE’s determination. Trading in the Company’s common sto
  evidence_url: https://www.sec.gov/Archives/edgar/data/1840780/000184078023000039/0001840780-23-000039-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.