Post-effective amendment to a registration statement that is not immediately effective upon filing

Stockholders' Equity (Deficit) (Tables)

v3.22.1
Stockholders' Equity (Deficit) (Tables)
12 Months Ended
Dec. 31, 2021
Equity [Abstract]  
Schedule of Reverse Recapitalization The following summarizes the Company’s common stock outstanding as of the close of the transaction:
    
Shares
    
%
 
Leo sponsor shares
     6,875,000        8.0
Leo public stockholders
     1,701,281        2.0
PIPE shares
     15,000,000        17.4
Common stock issued for Legacy Local Bounti voting common stock, Legacy Local Bounti
non-voting
common stock and conversion of convertible debt of Local Bounti
     62,482,214        72.3
Common stock issued to certain service providers as payment for services in connection with the Business Combination
     241,000        0.3
  
 
 
    
 
 
 
Total common stock
     86,299,495        100.0