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At its 2026 Annual Meeting on June 10, 2026, Local Bounti Corporation stockholders approved the issuance of up to…
LOCLLocal Bounti Corporation
At its 2026 Annual Meeting on June 10, 2026, Local Bounti Corporation stockholders approved the issuance of up to 7,882,861 shares of common stock upon the conversion of a convertible note and up to 5,500,000 shares underlying a common stock purchase warrant, both issued to U.S. Bounti, LLC under a March 13, 2026 agreement. Stockholders also elected Class II directors Mark J. Nelson and Charles R. Schwab, Jr., and ratified WithumSmith+Brown, PC as the independent registered public accounting firm for the year ending December 31, 2026. The company operates in the agriculture industry and specializes in indoor vertical farming.