Local bounti receives continued listing standard notice from nyse

Hamilton, mont., april 5, 2024 /prnewswire/ -- local bounti corporation (nyse: locl) ("local bounti" or the "company"), a breakthrough u.s. indoor agriculture company, today announced that on april 3, 2024, it received a notice (the "notice") from the new york stock exchange (the "nyse") that it is not in compliance with the nyse continued listing standards set forth in section 802.01b of the nyse listed company manual (the "minimum market capitalization standard") due to the fact that the company's average global market capitalization over a consecutive 30 trading-day period was less than $50 million and, at the same time, its stockholders' equity was less than $50 million.
LOCL Ratings Summary
LOCL Quant Ranking