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Local Bounti Corp

LOCL

2.400USD

-0.050-2.04%
Close 04/28, 16:00ETQuotes delayed by 15 min
20.77MMarket Cap
LossP/E TTM

Local Bounti Corp

2.400

-0.050-2.04%
More Details of Local Bounti Corp Company
Local Bounti Corporation is a controlled environmental agriculture (CEA) company that produces sustainably grown produce, focused primarily on living and loose-leaf lettuce, arugula, spinach, and basil. The Company’s Stack & Flow Technology significantly improves crop turns, increases output and improves unit economics. It operates advanced indoor growing facilities across the United States, servicing approximately 13,000 retail doors. Its growing methods use 90% less land and 90% less water than conventional farming methods and grow food utilizing a hybrid approach that integrates the attributes of controlled environment agriculture with natural elements. Its primary products include living butter lettuce as well as packaged leafy greens and cress. It has introduced Grab & Go Salads and additions to its baby leaf portfolio with several offerings, including Spinach, Arugula, and Basil. It distributes products primarily through direct relationships with blue-chip retail customers.
Company Info
Company codeLOCL
Company nameLocal Bounti Corp
IPO dateApr 19, 2021
Founded at2021
CEOMs. Kathleen Valiasek
Number of employees333
Security typeOrdinary Share
Fiscal year-endApr 19
Address400 W. Main St.
CityHAMILTON
Stock exchangeNYSE Consolidated
CountryUnited States of America
Postal code59840
Phone18006404016
Websitehttps://localbounti.com/
Company codeLOCL
IPO dateApr 19, 2021
Founded at2021
Company Executives
Name
Name/Position
Position
Shareholding
Change
Ms. Kathleen Valiasek
Ms. Kathleen Valiasek
President, Chief Executive Officer, Chief Financial Officer
President, Chief Executive Officer, Chief Financial Officer
362.57K
-1.03%
Ms. Pamela Brewster
Ms. Pamela Brewster
Independent Director
Independent Director
138.19K
+12.07%
Ms. Margaret E. Mccandless
Ms. Margaret E. Mccandless
General Counsel, Corporate Secretary
General Counsel, Corporate Secretary
70.67K
+113.49%
Mr. Michael Molnar
Mr. Michael Molnar
Independent Director
Independent Director
69.59K
--
Mr. Mark J. Nelson
Mr. Mark J. Nelson
Independent Director
Independent Director
--
--
Mr. Matthew A. Nordby
Mr. Matthew A. Nordby
Lead Independent Director
Lead Independent Director
--
--
Mr. Charles R. (Sandy) Schwab, Jr.
Mr. Charles R. (Sandy) Schwab, Jr.
Independent Director
Independent Director
--
--
Mr. Craig M. Hurlbert
Mr. Craig M. Hurlbert
Executive Chairman of the Board, Co-Founder
Executive Chairman of the Board, Co-Founder
--
--
Mr. Travis M. Joyner
Mr. Travis M. Joyner
Director
Director
--
--
Mr. Jeff Sonnek
Mr. Jeff Sonnek
Investor Relations
Investor Relations
--
--
Name
Name/Position
Position
Shareholding
Change
Ms. Kathleen Valiasek
Ms. Kathleen Valiasek
President, Chief Executive Officer, Chief Financial Officer
President, Chief Executive Officer, Chief Financial Officer
362.57K
-1.03%
Ms. Pamela Brewster
Ms. Pamela Brewster
Independent Director
Independent Director
138.19K
+12.07%
Ms. Margaret E. Mccandless
Ms. Margaret E. Mccandless
General Counsel, Corporate Secretary
General Counsel, Corporate Secretary
70.67K
+113.49%
Mr. Michael Molnar
Mr. Michael Molnar
Independent Director
Independent Director
69.59K
--
Mr. Mark J. Nelson
Mr. Mark J. Nelson
Independent Director
Independent Director
--
--
Mr. Matthew A. Nordby
Mr. Matthew A. Nordby
Lead Independent Director
Lead Independent Director
--
--
Revenue Breakdown
Currency: USDUpdate time: Sun, Apr 6
Currency: USDUpdate time: Sun, Apr 6
FY2024
FY2023
FY2022
FY2021
FY2020
By BusinessUSD
Name
Revenue
Proportion
Revenue from sale of produce
38.14M
0.00%
No Data
By Business
By Region
By BusinessUSD
Name
Revenue
Proportion
Revenue from sale of produce
38.14M
0.00%
Shareholder
Update time: Fri, Apr 18
Update time: Fri, Apr 18
Shareholder Statistics
Type
Shareholder Statistics
Shareholder
Proportion
U.S. Bounti, LLC
15.93%
Wheat Wind Farms LLC
11.03%
Live Oak Ventures L.L.C,
10.68%
McLeod Management Co LLC
10.10%
Valiasek (Kathleen)
3.40%
Other
48.86%
Shareholder Statistics
Shareholder
Proportion
U.S. Bounti, LLC
15.93%
Wheat Wind Farms LLC
11.03%
Live Oak Ventures L.L.C,
10.68%
McLeod Management Co LLC
10.10%
Valiasek (Kathleen)
3.40%
Other
48.86%
Type
Shareholder
Proportion
Corporation
47.78%
Individual Investor
14.36%
Investment Advisor/Hedge Fund
4.11%
Investment Advisor
2.90%
Research Firm
0.23%
Hedge Fund
0.03%
Other
30.60%
Institutional Shareholding
Update time: Tue, Mar 4
Update time: Tue, Mar 4
Reporting Period
No. of institutions
Shares Held
Proportion
Change
2025Q1
115
5.61M
53.51%
-323.91K
2024Q4
124
5.62M
65.27%
-372.46K
2024Q3
134
5.84M
67.84%
+28.23K
2024Q2
145
5.81M
67.59%
+57.95K
2024Q1
156
5.28M
64.16%
-456.59K
2023Q4
162
5.53M
67.56%
-441.47K
2023Q3
216
5.50M
67.91%
-2.60M
2023Q2
226
5.71M
71.49%
-2.64M
2023Q1
224
6.03M
76.36%
-2.25M
2022Q4
217
6.31M
81.40%
-1.73M
View more
Shareholder Activity
Name
Shares Held
Proportion
Change
Chg %
Date
Wheat Wind Farms LLC
1.18M
11.07%
--
--
Jan 01, 2025
Live Oak Ventures L.L.C,
1.14M
10.72%
--
--
Apr 01, 2024
McLeod Management Co LLC
1.08M
10.14%
--
--
Apr 01, 2024
Valiasek (Kathleen)
366.33K
4.23%
-10.55K
-2.80%
Feb 01, 2025
Cresset Asset Management, LLC
214.23K
2.01%
-214.23K
-50.00%
Dec 31, 2024
Hurlbert (Craig M.)
209.60K
1.97%
-11.54K
-5.22%
Feb 01, 2025
Joyner (Travis M.)
197.01K
1.85%
+1.00
+0.00%
Apr 01, 2024
The Vanguard Group, Inc.
184.14K
1.73%
-2.53K
-1.35%
Dec 31, 2024
Forst (Edward C)
173.46K
1.63%
+14.88K
+9.38%
Jun 13, 2024
View more
Related ETFs
Update time: Sun, Apr 6
Update time: Sun, Apr 6
Name
Proportion
Proshares Ultra Russell 2000
0%
Fidelity Growth Opportunities ETF
0%
iShares Russell 2000 ETF
0%
iShares Russell 2000 Growth ETF
0%
ProShares UltraPro Russell2000
0%
ProShares Hedge Replication ETF
0%
iShares Micro-Cap ETF
0%
VegTech Plant-based Innovation & Climate ETF
0%
Global X AgTech & Food Innovation ETF
0%
Proshares Ultra Russell 2000
Proportion0%
Fidelity Growth Opportunities ETF
Proportion0%
iShares Russell 2000 ETF
Proportion0%
iShares Russell 2000 Growth ETF
Proportion0%
ProShares UltraPro Russell2000
Proportion0%
ProShares Hedge Replication ETF
Proportion0%
iShares Micro-Cap ETF
Proportion0%
VegTech Plant-based Innovation & Climate ETF
Proportion0%
Global X AgTech & Food Innovation ETF
Proportion0%
Dividend
A total of 0.00 USD has been distributed in dividends over the past 5 years.
Date
Dividend
Record Date
Payment Date
Ex-dividend Date
No Data
Stock Split
Date
Type
Ratio
Jun 04, 2023
Merger
13<1
Jun 04, 2023
Merger
13<1
Jun 04, 2023
Merger
13<1
Jun 04, 2023
Merger
13<1
Date
Type
Ratio
Jun 04, 2023
Merger
13<1
Jun 04, 2023
Merger
13<1
Jun 04, 2023
Merger
13<1
Jun 04, 2023
Merger
13<1