Local bounti receives continued listing standard notice from nyse

Hamilton, mont. , march 3, 2023 /prnewswire/ -- local bounti corporation (nyse: locl, locl ws) ("local bounti" or the "company"), a breakthrough u.s. indoor agriculture company combining the best aspects of vertical and greenhouse growing technologies, today announced that it received notice from the new york stock exchange (the "nyse") on february 28, 2023,  indicating that local bounti is not in compliance with nyse's continued listing standards because the average closing price of local bounti's common stock was less than $1.00 over a consecutive 30 trading-day period.
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