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Local Bounti Corp
220 W Main St.
Phone: (302) 636-5400p:302 636-5400 HAMILTON, MT  59840  United States Ticker: LOCLLOCL
Business Summary
Local Bounti Corporation is an indoor agriculture company. The Company utilizes its patented Stack & Flow Technology to grow food sustainably. Its proprietary process is a hybrid, utilizing vertical farming in early plant growth, followed by greenhouse farming for final grow out. The Company operates advanced indoor growing facilities across the United States, servicing approximately 13,000 retail doors. It uses 90% less water, 90% less land, and significantly less pesticides and herbicides than traditional outdoor agriculture operations. It has approximately 27 stock keeping units (SKUs) across living and loose leaf lettuce, organic and conventional, cress and value add product lines. Its Montana Facility incorporates its patented Stack & Flow Technology, including five operational greenhouses, a cold storage room for finished goods and a packaging room with processing equipment to transform freshly harvested produce into packaged goods that are ready for retail shelves.

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
12/31/202312/31/2023YesYes---

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
Chairman of the Board, Chief Technology Officer Travis M.Joyner 41 6/5/2023 11/19/2021
President Brian C.Cook 44 4/1/2022 4/1/2022
Chief Executive Officer, Principal Executive Officer Craig M.Hurlbert 60 12/14/2023 11/19/2021
8 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: 301 (As of 12/31/2023)
Outstanding Shares: 8,476,437 (As of 4/15/2024)
Shareholders: 39
Stock Exchange: NYSE
Federal Tax Id: 981584830
Fax Number: (302) 636-5454


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Thursday, April 25, 2024