{"schema_version":"secwatch.filing_event.v1","accession":"0001840780-25-000026","form_type":"8-K","ticker":"LOCL","cik":"0001840780","company_name":"Local Bounti Corporation/DE","filed_at":"2025-06-16T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.072898+00:00","generated_at":"2026-05-19T06:53:26.544760+00:00","sec_items":["5.02","5.07","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Local Bounti converts all Series A preferred stock to common; equity plan shares increased by 2.47M","bullets":["All 10,728,414 shares of Series A Non-Voting Convertible Preferred Stock automatically converted into common stock on June 11, 2025.","Post-conversion, common shares outstanding total 21,709,496; no preferred shares remain.","Stockholders approved amendment to 2021 Equity Incentive Plan, increasing share pool by 2,473,042 to a total of 3,912,422 shares.","Three Class I directors elected: Pamela Brewster, Michael Molnar, Matthew Nordby.","WithumSmith+Brown, PC ratified as independent auditor for fiscal year 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001840780-25-000026","json":"https://secwatch.observer/filing/0001840780-25-000026.json","markdown":"https://secwatch.observer/filing/0001840780-25-000026.md","text":"https://secwatch.observer/filing/0001840780-25-000026.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1840780/000184078025000026/0001840780-25-000026-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1840780/000184078025000026/locl-20250611.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T06:53:26.544760+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}