Local bounti amends credit agreement to provide additional flexibility and provides select preliminary and unaudited fiscal 2022 performance

Announces preliminary and unaudited fiscal 2022 sales of $19.5 million, adjusted gross margin* of 38%, net loss of $111.1 million, and adjusted ebitda loss* of $29.8 million company to hold fiscal 2022 earnings conference call on march 29, 2023 at 8 am et hamilton, mont. , march 17, 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 amended its existing credit facility with cargill financial services, inc. ("cargill").
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