Local Bounti Corporation/DE (LOCLW) Warrant
Each LOCLW warrant gives the holder the right to buy 1 share of Local Bounti Corporation/DE at $11.50 per share, until November 19, 2026. There are 5.50M listed warrants; exercising all of them would add 23.5% to the 23.38M shares outstanding. The company can call the warrants if the stock trades at or above $18.00.
Stock vs strike, last 12 months
No share-price history for the stock yet.
Key terms
- Strike per share
- $11.50
- Shares per warrant
- 1
- Cash to exercise one warrant
- $11.50
- Expiry
- 2026-11-19
- Redemption trigger
- $18.00
- Cashless exercise
- allowed
- Break-even stock price
- —
From the issuer's 424B4 (2021-03-02).
Company and stock
- Company
- Local Bounti Corporation/DE
- Underlying stock
- —
- Share price
- —
- Market cap
- —
- Shares outstanding
- 23.38M
Market cap is the last share price times shares outstanding (as of 2026-08-07). All SEC filings for this company.
Model value vs price Pro
- Model value
- Last price
- —
- Price / model
Get Pro to see whether LOCLW is cheap or rich against our model.
Dilution
- Shares outstanding
- 23.38M
- Listed warrants
- 5.50M
- Dilution if all exercised
- 23.5%
Warrant count from filing notes, read by hand (medium): 2021 warrants - public (ex-Leo Holdings III).
Filings and events
Questions about LOCLW
When does the LOCLW warrant expire?
LOCLW expires on November 19, 2026.
What is the strike price of LOCLW?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
Can Local Bounti Corporation/DE redeem the LOCLW warrants early?
Yes. The company can call them if the share price reaches $18.00 for the required period (usually 20 of 30 trading days).
How many LOCLW warrants are outstanding?
5.50M listed warrants, equal to 23.5% dilution if all are exercised.