Local Bounti Corporation/DE
For the period ended Nov 4, 2026. Filed Sep 21, 2026.
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Nov 4, 2026 · Filed Sep 21, 2026
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DEF 14A 1 ny20081219x2_def14a.htm DEF 14A
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14A
Proxy Statement Pursuant to Section 14(a) of the
Securities Exchange Act of 1934
| Filed by the Registrant ☒ | Filed by a Party other than the Registrant ☐ |
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Check the appropriate box:
| ☐ | Preliminary Proxy Statement |
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| ☐ | Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) |
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| ☒ | Definitive Proxy Statement |
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| ☐ | Definitive Additional Materials |
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| ☐ | Soliciting Material Pursuant to §240.14a-12 |
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Local Bounti Corporation
(Name of Registrant as Specified In Its Charter)
N/A
(Name of Person(s) Filing Proxy Statement if Other Than the Registrant)
Payment of Filing Fee (Check all boxes that apply):
| ☒ | No fee required |
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| ☐ | Fee paid previously with preliminary materials |
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| ☐ | Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11 |
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490 Foley Lane, Hamilton, MT 59840
Notice of Special Meeting of Stockholders
To Be Held on November 4, 2026
You are cordially invited to attend a special meeting of stockholders (the “Special Meeting”) of Local Bounti Corporation (“Local Bounti,” the “Company,” “we,” “us,” or “our”) to be held on November 4, 2026, at 9 a.m. Mountain Time. At the Special Meeting, stockholders will be asked to consider and vote only on the following items:
| 1. | To approve, for purposes of complying with the rules of the New York Stock Exchange (“NYSE”), (i) the issuance of up to 12,563,309 shares of our common stock, par value $0.0001 per share (the “common stock”), upon the conversion of the convertible note issued to U.S. Bounti, LLC (“U.S. Bounti”) pursuant to the Convertible Note and Warrant Purchase Agreement, dated as of August 7, 2026, between the Company and U.S. Bounti (the “Purchase Agreement”), and (ii) the issuance of up to 1,000,000 shares of common stock underlying the common stock purchase warrant issued to U.S. Bounti pursuant to the Purchase Agreement (such proposal, the “NYSE Approval Proposal”); and |
| 2. | To approve the adjournment of the Special Meeting, if deemed necessary or appropriate, to solicit additional proxies if there are not sufficient votes in favor of the NYSE Approval Proposal (such proposal, the “Adjournment Proposal”). |
You can find more information about each of these items in the proxy statement accompanying this Notice of Special Meeting of Stockholders. The record date for the Special Meeting is September 18, 2026. Only stockholders of record at the close of business on that date may vote at the meeting or any postponement or adjournment of the meeting. Under the Delaware General Corporation Law and the Company’s amended and restated bylaws, no other business may be transacted at the Special Meeting. These materials are first being delivered to stockholders on or about September 21, 2026.
The Company’s Board of Directors unanimously recommends that you vote “FOR” the items described in the accompanying proxy statement.
Under the rules of the Securities and Exchange Commission, we have elected to provide access to our proxy materials by notifying you of the availability of our proxy materials on the internet. On or about September 21, 2026, we will begin mailing the Notice of Internet Availability of Proxy Materials (the “Notice”) to our stockholders of record and beneficial owners as of the record date. The Notice contains instructions on how to access proxy materials and how to vote. The Notice also contains instructions on how to request a paper copy of the proxy materials. This Notice of Special Meeting of Stockholders and the proxy statement are available on our website at localbounti.com and proxyvote.com.
The Special Meeting will be conducted exclusively via live audiocast at virtualshareholdermeeting.com/LOCL2026SM. There will not be a physical location for our Special Meeting, and you will not be able to attend the meeting in person.
You are cordially invited to attend the Special Meeting via live audiocast. Whether or not you expect to virtually attend the Special Meeting, please vote on the matters to be considered as promptly as possible to ensure your representation at the Special Meeting. You may vote via the internet, by telephone, or by returning the enclosed proxy card. Even if you have voted by proxy, you may still vote via live audiocast if you virtually attend the Special Meeting by going to virtualshareholdermeeting.com/LOCL2026SM and logging in using the 16-digit control number found on your proxy card or voting instruction form. Once you are admitted as a stockholder to the Special Meeting, you may vote and ask questions by following the instructions available on the meeting website. Please note, however, that if your shares are held of record by a broker, bank, or other nominee and you wish to vote at the meeting, you must obtain a proxy issued in your name from that record holder. Your proxy is revocable in accordance with the procedures set forth in the proxy statement.
You are encouraged to log in to this website before the Special Meeting begins. Online check-in will be available approximately 15 minutes before the meeting starts. If you encounter any difficulties accessing or participating in the meeting through the meeting website, please call the support team at the number listed on the website log-in screen.
By order of the Board of Directors
Margaret McCandless
Corporate Secretary
Hamilton, Montana
September 21, 2026
- Your vote is important, so please act today! *
Important Notice regarding the Availability of Proxy Materials
for the Special Meeting of Stockholders of Local Bounti Corporation To Be Held on November 4, 2026
Whether or not you plan to attend the Special Meeting, we encourage you to vote and submit your proxy via the internet, telephone, or mail. For additional instructions on voting by the internet or telephone, please refer to your proxy card. To vote and submit your proxy by mail, please complete, sign, and date the enclosed proxy card and return it in the enclosed envelope. If you attend the Special Meeting, you may revoke your proxy and vote virtually. If you hold your shares through an account with a brokerage firm, bank, or other nominee, please follow the instructions you receive from your account manager to vote your shares.
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