Good morning, fellow stockholders. I'm Craig Hurlbert, co-founder and Executive Chairman of the board of Local Bounti Corporation. We welcome you to this annual stockholders meeting. It's now 9:00 A.M. Mountain Time. The meeting is officially called to order and the polls are open. I will act as chairman of the meeting. Margaret McCandless, our general counsel and corporate secretary, will serve as secretary of the meeting. Also present on today's call are several other members of our board and senior management team. A representative of American Election Services has been appointed to act as inspector of this election for the meeting. Representatives of our independent auditor, WithumSmith+Brown, are also available to answer appropriate questions. This meeting is being held in accordance with our bylaws and Delaware law. On your screen, you will see a link to our rules of conduct for the meeting. To conduct an orderly meeting, we will ask participants to abide by these rules. Please note that this meeting is being recorded. We will conduct the formal business portion of our meeting first, followed by a question-and-answer period. The record date for determining stockholders entitled to vote at this meeting was April 13, 2026. Our distribution agent has certified that notice of this meeting was delivered to all stockholders of record beginning on or about April 23, 2026, together with our proxy statement and proxy card. Our inspector of election has examined the proxies and reports that the majority of the issued and outstanding shares entitled to vote at this meeting is represented in person or by proxy, thereby constituting a quorum. We have four proposals to be voted on today. The first is the election of two C lass II directors to serve for three years and until their successors are elected and qualified, or until their earlier resignation or removal. The board recommends that you vote in favor of Mark Nelson and Sandy Schwab as continuing Class II directors. The second proposal is the ratification of our appointment of WithumSmith+Brown as our independent registered public accounting firm for the year ending December 31, 2026. The board recommends that you vote in favor of this proposal. A third proposal is for purposes of complying with the NYSE rules of the issuance of up to 7,882,861 shares of our common stock upon the conversion of the convertible note issued to U.S. Bounti, LLC, pursuant to the convertible note and warrant purchase agreement dated as of March 13, 2026, between the company and U.S. Bounti, and the issuance of up to 5.5 million shares of stock underlying the warrant issued to U.S. Bounti pursuant to that same agreement. The board recommends that you vote in favor of this proposal. The fourth proposal is the approval of the adjournment of this meeting, if deemed necessary or appropriate to solicit additional proxies if there are not sufficient votes in favor of the other proposal. The board recommends that you vote in favor of this proposal. Any stockholder who has not yet voted or who wishes to change their vote may do so by following the on-screen instructions. Stockholders who have already voted by mail, telephone, or the Internet do not need to take further action. I will pause now to allow for any final voting. Now that stockholders have had an opportunity to vote and the holders of the management proxies have delivered their ballot, it is 9:04, and the polls are now closed. The inspector of election has submitted a preliminary report showing that the stockholders have duly elected each of the director nominees, duly approved each of the other proposals. We expect to report the final voting results on a Form 8-K to be filed with the Securities and Exchange Commission within four business days of this meeting. There being no further business to come before our annual stockholders meeting, the meeting is now adjourned. We will now open the floor to appropriate stockholder questions. As a reminder, only validated stockholders may submit questions in the designated field on the web portal. Out of consideration for others, please limit yourself to one question. We will do our best to answer your questions and will address any unanswered questions in accordance with the rules of conduct. I will now turn the call over to Margaret McCandless, who is monitoring our question queue. Thanks, Craig, and good morning, fellow stockholders. At this time, we have no questions in the queue, I'll turn the call back over to Craig for final remarks. Thank you, Margaret. I would like to thank everyone for joining us this morning. We look forward to speaking with you again soon. Ladies and gentlemen, this concludes today's meeting. Thank you for joining. You may now disconnect.
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