Local Bounti Corporation/DE (LOCL) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
LOCL currently has 22.8M outstanding shares. with significant dilution risk as 61.5M authorized shares could dilute existing holders by 270.4%. The company has significantly diluted shareholders by 140.35% over the past 2 years, indicating aggressive capital raising.
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| May 15, 2026 |
S-3 filing: This prospectus relates to the resale of up to 13,605,102 shares of common stock by a selling stockholder, comprising 8,105,102 conversion shares issuable upon conversion of a convertible note and 5,500,000 warrant shares issuable upon exercise of a common stock purchase warrant. |
23M | 62M |
| May 15, 2026 |
10-Q filing | 24.1M shares outstanding |
24M | 48M |
| Mar 27, 2026 |
10-K filing | 22.4M shares outstanding |
22M | 48M |
| Mar 16, 2026 |
8-K filing: Local Bounti Corporation entered into a Convertible Note and Warrant Purchase Agreement with U.S. Bounti, LLC for the purchase, sale, and issuance of a convertible note with an initial principal balance of $15.0 million and a common stock purchase warrant to purchase 5,500,000 shares of the Company's common stock. |
22M | 48M |
| Nov 14, 2025 |
S-3 filing: This prospectus relates to the resale or other disposition from time to time by the selling stockholder identified in this prospectus of up to 5,352,902 Conversion Shares and 550,000 Warrant Shares. |
22M | 48M |
| Nov 14, 2025 |
10-Q filing | 22.5M shares outstanding |
22M | 42M |
| Aug 14, 2025 |
10-Q filing | 22.1M shares outstanding |
22M | 42M |
| Aug 04, 2025 |
8-K filing: Local Bounti Corporation entered into a Convertible Note and Warrant Purchase Agreement with U.S. Bounti, LLC for a convertible note with an initial principal balance of $10.0 million and a warrant to purchase 550,000 shares of common stock, and also entered into a Twelfth Amendment to its Senior Credit Agreement with Cargill Financial Services International, Inc. resulting in a $10.0 million debt reduction. |
22M | 42M |
| Jun 16, 2025 |
8-K filing: On June 11, 2025, 10,728,414 shares of Series A Non-Voting Convertible Preferred Stock automatically converted into 10,728,414 shares of Common Stock, resulting in 21,709,496 shares of Common Stock outstanding. |
22M | 42M |
| May 15, 2025 |
10-Q filing | 10.9M shares outstanding |
11M | 42M |
| May 15, 2025 |
S-3 filing: This S-3 filing relates to the resale of 13,640,396 shares of common stock by selling stockholders. |
11M | 42M |
| Mar 31, 2025 |
10-K filing | 10.6M shares outstanding |
11M | 28M |
| Nov 14, 2024 |
10-Q filing | 8.6M shares outstanding |
8.6M | 28M |
| Aug 13, 2024 |
10-Q filing | 8.4M shares outstanding |
8.4M | 28M |
| May 10, 2024 |
10-Q filing | 8.3M shares outstanding |
8.3M | 28M |
| Mar 28, 2024 |
10-K filing | 7.9M shares outstanding |
7.9M | 28M |
| Jan 26, 2024 |
Stock Split
8-K filing: Local Bounti Corporation amended a Common Stock Purchase Warrant with Cargill Financial to change the exercise price from $13.00 to $6.50 per share, reflecting the 1-for-13 reverse stock split effected on June 15, 2023. |
8M | 28M |
| Nov 14, 2023 |
10-Q filing | 8.0M shares outstanding |
8M | 370M |
| Aug 14, 2023 |
10-Q filing | 7.9M shares outstanding |
7.9M | 370M |
| May 12, 2023 |
10-Q filing | 100.5M shares outstanding |
100M | 370M |
| Apr 27, 2023 |
S-3 filing: This prospectus relates to the offer and sale from time to time by the selling securityholder of up to 69,600,000 shares of Local Bounti Corporation common stock, that are issuable by us upon the exercise of 69,600,000 warrants, with an exercise price of $1.00 per share. |
110M | 370M |
| Mar 31, 2023 |
10-K filing | 104.5M shares outstanding |
100M | 300M |
| Dec 30, 2022 |
POS AM filing: This prospectus relates to the offer and sale from time to time by the selling securityholders named in this prospectus of up to (A) 90,208,141 shares of our common stock and (B) up to 5,333,333 Private Warrants. |
100M | 300M |
| Dec 30, 2022 |
S-3 filing: The filing is an S-3 registration statement allowing the company to offer and sell up to $250,000,000 in aggregate principal amount of common stock, preferred stock, depositary shares, debt securities and purchase contracts from time to time. |
100M | 300M |
| Nov 14, 2022 |
10-Q filing | 103.7M shares outstanding |
100M | 120M |
| Oct 24, 2022 |
S-1 filing: This S-1 filing indicates an offering of 9,320,000 shares of common stock by selling stockholders. The company will not receive any proceeds from the sale. |
89M | 120M |
| Aug 15, 2022 |
10-Q filing | 88.6M shares outstanding |
89M | 110M |
| Jun 17, 2022 |
S-1 filing: This S-1 filing relates to the offer and sale from time to time by the selling stockholders of up to 7,587,531 shares of common stock. |
94M | 110M |
| May 12, 2022 |
10-Q filing | 94.1M shares outstanding |
94M | 99M |
| Mar 30, 2022 |
10-K filing | 86.5M shares outstanding |
86M | 99M |
| Dec 10, 2021 |
S-1 filing: Registration for resale of common stock and warrants by selling securityholders. |
28M | 99M |
| Nov 12, 2021 |
10-Q filing | 27.5M shares outstanding |
28M | 10M |
| Aug 16, 2021 |
10-Q filing | 27.5M shares outstanding |
28M | 10M |
| Jun 21, 2021 |
8-K filing: Leo Holdings III Corp entered into an agreement to merge with Local Bounti Corporation, and concurrently entered into subscription agreements with PIPE Investors for the sale of 12,500,000 shares of New Local Bounti Common Stock at $10.00 per share. ($125.0M proceeds) |
2.1M | 10M |
| Jun 10, 2021 |
10-Q filing | 2.1M shares outstanding |
2.1M | 10M |
| Feb 25, 2021 |
S-1/A filing: This S-1/A filing details a warrant agreement between Leo Holdings III Corp and Continental Stock Transfer & Trust Company, outlining the terms for Private Placement Warrants and Public Warrants exercisable for Class A ordinary shares at $11.50 per share. |
N/A | 10M |
| Feb 23, 2021 |
S-1/A filing: This is an S-1/A filing for a proposed public offering of 20,000,000 units at $10.00 per Unit, and the sale of 4,333,333 warrants at a price of $1.50 per Private Placement Warrant. |
N/A | 24M |
| Feb 19, 2021 |
S-1/A filing: This S-1/A filing outlines the terms of warrants and private placement warrants, including agreements with CST as warrant agent, Leo Investors III LP as the Sponsor, and registration rights agreements. It also discusses administrative services provided by the Sponsor and the representations and warranties made by the company to the underwriters. |
N/A | 10M |
| Jan 21, 2021 |
S-1 filing: Leo Holdings III Corp proposes an initial public offering of 20,000,000 units at $10.00 per Unit and the sale of 4,333,333 warrants at a price of $1.50 per Private Placement Warrant. |
N/A | 24M |