Local Bounti Amends Credit Agreement to Provide Additional Flexibility and Provides Select Preliminary and Unaudited Fiscal 2022 Performance

Announces preliminary and unaudited fiscal 2022 sales of $19.5 million, adjusted gross margin* of 38%, net loss of $111.1 million, and adjusted EBITDA loss* of $29.8 million Company to hold fiscal 2022 earnings conference call on March 29, 2023 at 8 am ET HAMILTON, Mont., March 17, 2023…