Local Bounti Corporation/DE
Close on Oct 19, 2026
- Market cap
- $27.63M
- P/E (TTM)
- –
- Dividend yield
- –
About Local Bounti
Agricultural Production-Crops, SIC 0100
Local Bounti Corporation operates as a controlled environment agriculture business that produces fresh leafy greens and vegetables. The enterprise utilizes a hybrid cultivation process combining indoor vertical nurseries with traditional greenhouse growing. Its main commercial products include living butter lettuce, loose leaf lettuce blends, salad kits, arugula, and cress, offered in conventional and organic varieties. Local Bounti supplies its produce directly to commercial retail partners and wholesale grocery clients, serving major retail supermarket and club store chains such as Albertsons, Kroger, Target, Walmart, and Whole Foods.
The enterprise maintains its corporate headquarters in Hamilton, Montana. Its agricultural production footprint comprises five operating greenhouse facilities distributed across California, Georgia, Texas, and Washington. Through direct commercial distribution channels, Local Bounti supplies approximately 13,000 retail grocery locations across 35 states in the United States.
Summary of the business section of Local Bounti's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Local Bounti Corporation/DE
- Founded
- 2018
- Headquarters
- Hamilton, MT
- Address
- 490 Foley Lane 59840
- Phone
- (800) 640-4016
- Employees
- 286, Dec 31, 2025
- Industry
- Agricultural Production-Crops
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- WithumSmith+Brown, PC, Whippany, New Jersey
Stock & identifiers
- Ticker
- LOCL
- Other tickers
- LOCLW
- Exchange
- NYSE
- IPO date
- Mar 2, 2021
- Shares outstanding
- 23M, Aug 7, 2026
- Public float
- $42.80M, Jun 30, 2025
- Filer category
- Non-accelerated filer<br>Smaller reporting company<br>Emerging growth company
- Stock splits
- 1-for-13 reverse, Jun 15, 2023; 1-for-13 reverse, Jun 4, 2023
- SEC CIK
- 1840780
- CUSIP
- 53960E205
- ISIN
- US53960E2054
- EIN
- 98-1584830
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Craig M. Hurlbert | Executive Chairman, Director | 2,067,189 |
| Travis M. Joyner | Chief Technology Officer, Director | 1,285,010 |
| Kathleen Valiasek | President and CEO | 1,524,860 |
| Anthony Hughes | Interim CFO | 120,270 |
| Margaret McCandless | General Counsel & Secretary | 109,537 |
| Dane Almassy | Chief Commercial Officer | 300,000 |
| Pamela Brewster | Director | 266,124 |
| Mark Joseph Nelson | Director | 139,867 |
| Matthew Nordby | Director | 163,654 |
| Michael Molnar | Director | 176,291 |
| Charles R. Schwab Jr. | Director | 606,699 |
| Jennifer Carr-Smith | Director | 14,880 |
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had 286 full-time employees.”
Corporate history
Events identified from SEC filings