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Local Bounti Corp
400 W. Main St.
Phone: (302) 636-5400p:302 636-5400 HAMILTON, MT  59840  United States Ticker: LOCLLOCL
Business Summary
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.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/202412/31/2024YesYes---

Industries
SIC Code Description
0100 Agricultural production-crops
0161 Vegetables and melons
0182 Food crops grown under cover
5148 Fresh fruits and vegetables

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Executive Chairman of the Board, Co-Founder Craig M.Hurlbert 61 3/31/2025 11/19/2021
President, Chief Executive Officer, Chief Financial Officer KathleenValiasek 61 3/31/2025 11/19/2021
Chief Technology Officer, Director Travis M.Joyner 42 6/5/2023 11/19/2021
6 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
Hollandia Produce Group, Inc. 1550 Santa Monica Rd. Carpinteria California United States

Business Names
Business Name
Hollandia Produce Group, Inc.
LIII
LIII.U
Local Bounti Corporation/DE
Local Bounti Operating Company LLC
LOCL

General Information
Number of Employees: 333 (As of 12/31/2024)
Outstanding Shares: 10,677,002 (As of 4/14/2025)
Shareholders: 42
Stock Exchange: NYSE
Federal Tax Id: 981584830
Fax Number: (302) 636-5454


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Saturday, April 19, 2025