Local Bounti Corporation (Nasdaq: LIII) is the successor company formed through the November 2021 de-SPAC merger of Leo Holdings Corp. III, a blank-check vehicle sponsored by Leo Holdings, with Local Bounti, a Hamilton, Montana-based controlled-environment agriculture operator. The SPAC, which completed its IPO in 2021, targeted the indoor farming and AgTech sector. Local Bounti's Stack & Flow Technology greenhouses produce leafy greens for retail distribution across the United States. The company filed an 8-K current report with the SEC on May 15, 2026 (accession 0001628280-26-035596). Local Bounti entered Chapter 11 bankruptcy proceedings in 2024, and subsequent filings reflect continued corporate activity under the LIII ticker. Sign up at SpacDesk for the full filing history, deal timeline, and SPAC analytics on LIII and hundreds of other transactions.