Local Bounti Corporation, trading under ticker LIII, is the target company in a de-SPAC business combination with Leo Holdings Corp. III, a blank-check vehicle sponsored by Leo Holdings Management LLC that completed its IPO in 2021. The combined entity operates in the controlled-environment agriculture sector, growing leafy greens and herbs through a proprietary Stack & Flow Technology system across facilities in the United States. The S-1 registration statement, filed June 17, 2022, under accession number 0001193125-22-176656, reflects the formal registration of securities in connection with the merger transaction. Sign up at SpacDesk for complete filing history, deal timelines, and sponsor data on LIII and hundreds of other SPAC transactions.