ZombieBlank Check
What Happened to Local Bounti Corporation?
Ticker: LOCLSPAC Year: 2021
Return
-88.9%
Current Price
$1.11
Peak Price
$167.31
Trust Size
$418M
Summary
Local Bounti Corporation/DE filed its S-1 registration in 2021. The company remains actively traded with 566 SEC filings on record.
What Happened
Local Bounti Corporation/DE entered the SPAC market in 2021 with its initial S-1 filing with the SEC, joining the wave of blank check companies seeking acquisition targets.
SEC records show 566 total filings, including annual (10-K) and quarterly (10-Q) financial reports.
The company was incorporated in Delaware, the preferred jurisdiction for the vast majority of SPACs due to its business-friendly legal framework.
Timeline
2021-02-22
S-1 Registration Filed
Risk Indicators
â ïļ Reverse Split