Local bounti announces full year 2022 financial results

Secures up to $145 million of new financing to support growth financings provide $50 million of cash to the balance sheet for operations provides full year 2023 sales guidance of $34 to $40 million hamilton, mont. , march 29, 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 its financial results for the three and twelve months ended december 31, 2022 and provided sales guidance for full year 2023.
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