---
schema_version: "secwatch.filing_event.v1"
accession: "0001840780-25-000013"
form_type: "8-K"
ticker: "LOCL"
cik: "0001840780"
company_name: "Local Bounti Corporation/DE"
filed_at: "2025-05-14T23:59:59+00:00"
generated_at: "2026-05-21T09:59:32.795504+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Local Bounti Q1 revenue up 38% to $11.6M; targets positive adj. EBITDA by Q3 2025

## Summary
- Sales $11.6M (+38% YoY); net loss $37.7M vs $24.1M; adj. EBITDA loss $8.8M.
- Secured $25M equity; restructured $312M debt with 10-year term, no cash interest/principal until April 2027.
- Guides Q2 sales $12.0-12.5M; reaffirms path to positive adj. EBITDA in Q3 2025.
- Expanded retail: Walmart (13 DCs for butter lettuce), Brookshire's (80 stores), HEB, new salad kits.
- Texas facility reconfiguration near completion; expects yield improvements in second half.

## SEC filing metadata
- accession: 0001840780-25-000013
- form_type: 8-K
- ticker: LOCL
- cik: 0001840780
- company_name: Local Bounti Corporation/DE
- filed_at: 2025-05-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1840780/000184078025000013/0001840780-25-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1840780/000184078025000013/locl-20250514.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001840780-25-000013
- JSON: https://secwatch.observer/filing/0001840780-25-000013.json
- Plain text: https://secwatch.observer/filing/0001840780-25-000013.txt

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