EXHIBIT 107

Calculation of Filing Fee Table

Form S-3

(Form Type)

Local Bounti Corporation

(Exact Name of Registrant as Specified in its Charter)

Table 1: Newly Registered Securities

 

                 
    

Security

Type

 

Security

Class

Title

 

Fee

Calculation

Rule

 

Amount

Registered(1)

 

Proposed

Maximum

Offering

Price Per

Unit

 

Maximum

Aggregate

Offering

Price

 

Fee

Rate

 

Amount of

Registration

Fee

 
Newly Registered Securities
                 

Fees to be

Paid

  Equity   Common Stock, $0.0001 par value per share   Other   69,600,000(2)   $0.47(3)   $32,712,000.00   $110.20 per million   $3,604.86
                 

Fees

Previously

Paid

  N/A   N/A   N/A   N/A   N/A   N/A     N/A
           
    Total Offering Amounts     $32,712,000.00     $3,604.86
           
    Total Fees Previously Paid         —  
           
    Total Fee Offsets         —  
           
    Net Fee Due               $3,604.86

 

(1)

Pursuant to Rule 416(a) under the Securities Act of 1933, as amended (the “Securities Act”), this registration statement on Form S-3 (the “Registration Statement”) shall also cover any additional shares of the common stock, $0.0001 par value per share (the “Common Stock”), of Local Bounti Corporation (the “Registrant”) that become issuable with respect to the securities identified in the above table, by reason of any stock dividend, stock splits, reverse stock splits, recapitalizations, reclassifications, mergers, split-ups, reorganizations, consolidations and other capital adjustments effected without receipt of consideration that increases the number of outstanding shares of Common Stock.

(2)

Represents 69,600,000 shares of Common Stock issuable upon exercise of the 2023 Warrants (as defined in the Registration Statement).

(3)

Estimated solely for the purpose of calculating the registration fee pursuant to Rules 457(c) of the Securities Act on the basis of $0.47, the average of the high and low prices of a share of Common Stock as reported on the New York Stock Exchange on April 20, 2023.