U.S. indoor agriculture company Local Bounti will host a virtual Investor and Analyst Day in connection with its proposed business combination with Leo Holdings III. The event will be held Oct. 13 at 1 p.m. Eastern Time. Registration.
Local Bounti’s Co-CEOs Craig Hurlbert and Travis Joyner and Chief Financial Officer Kathleen Valiasek will present the compnay’s approach to Controlled Environment Agriculture (“CEA”), growth strategies and key financial and operating highlights. Attendees will also have the opportunity to participate in a live Q&A session.
Local Bounti and Leo III announced a merger agreement in June that values the combined company at $1.1 billion. If approved, Local Bounti would receive up to $400 million in gross proceeds (assuming no redemptions), including $125 million from a PIPE. Read more.
