Local Bounti Corporation/DE

Leo Holdings III Corp, trading under ticker LIII, filed an 8-K on June 21, 2021, disclosing a definitive agreement to combine with Local Bounti Corporation, a Hamilton, Montana-based controlled environment agriculture company focused on indoor leafy-green production using its proprietary Stack and Flow growing system. Sponsored by Leo Holdings III LLC, the SPAC completed its initial public offering in 2021 and targeted the agriculture technology sector. The business combination closed later that year, with Local Bounti subsequently listing on the New York Stock Exchange as LOCL; the company encountered significant financial difficulties and sought bankruptcy protection in 2023. Sign up at SpacDesk for full deal data on LIII and thousands of other SPAC transactions.