SurvivorTechnology
What Happened to LanzaTech Global?
Ticker: LNZASPAC Year: 2021
Return
+121.9%
Current Price
$16.35
Peak Price
$1080
Trust Size
$99M
Summary
LanzaTech is a carbon transformation company that uses proprietary gas fermentation technology to convert carbon emissions into useful products like ethanol, chemicals, and sustainable aviation fuel. The company went public via SPAC merger with AMCI Acquisition Corp II in 2023.
What Happened
AMCI Acquisition Corp II merged with LanzaTech in February 2023. The carbon capture company has commercial plants operating globally and has secured partnerships with major industrial companies. The stock trades at ~$16/share with a positive outlook as carbon regulations tighten worldwide. LanzaTech was misclassified as bankrupt.
Timeline
2021-04-05
S-1 Registration Filed