Local Bounti Corporation/DE

Leo Holdings III Corp (Nasdaq: LIII), sponsored by an affiliate of Lion Capital LLP, was a blank-check company that completed its business combination with Local Bounti Corporation in November 2021, bringing the controlled-environment agriculture company to public markets. Leo Holdings III launched its initial public offering in 2021, targeting the food and agricultural technology sector. Local Bounti, headquartered in Hamilton, Montana, operated proprietary indoor growing systems for leafy greens and herbs. The company subsequently encountered significant financial difficulties and was delisted following bankruptcy proceedings in 2024. Sign up at SpacDesk for complete filing histories, sponsor profiles, and deal analytics across thousands of SPAC transactions.