Local Bounti (LOCL) Registration Filing summary

Management team and governance

• CEO, President, and CFO roles are held by Kathleen Valiasek, who signed the filing as principal executive, financial, and accounting officer.

• Board includes directors Pamela Brewster, Craig M. Hurlbert, Travis M. Joyner, Michael Molnar, Mark J. Nelson, Matthew Nordby, and Charles R. Schwab, Jr.

Offering details and pricing

• Registration statement filed on Form S-3 for a potential offering of securities on a delayed or continuous basis under Rule 415.

• Amendment No. 1 filed to update the auditor's consent and does not modify other parts of the registration statement.

Underwriters and syndicate

• Consent of independent registered public accounting firm WithumSmith + Brown, PC included as Exhibit 23.1.