Recent Updates — LNZA
LanzaTech Global, Inc. issued warrants to purchase an aggregate of 1,737,921 shares of its common stock at $5.754 per share to Future Solution Investments LLC (FSI) as part of a broader recapitalization and deleveraging transaction involving LanzaJet, Inc., a sustainable aviation fuel company in which LanzaTech is a significant equity holder. The transaction includes the issuance of up to $35 million in senior secured notes by LanzaJet and an exchange of existing debt and equity for new warrants granting LanzaTech potential control of 66.67% of LanzaJet upon exercise. Additionally, Jennifer Holmgren was appointed interim CEO of LanzaJet. LanzaTech Global operates in the advanced biofuels sector.
LanzaTech Global, Inc. reported second quarter 2026 financial results on August 14, 2026. The company posted revenue of $9.0 million and a net income of $184.3 million, compared to a net loss of $32.5 million in the prior year period. The significant swing was driven by a $208.1 million non-cash unrealized gain on its investment in SGLT following the joint venture's IPO. Operating expenses decreased 67% to $11.7 million due to cost optimization and headcount reductions. Adjusted EBITDA loss improved to $(7.6) million from $(29.7) million. The company reintroduced guidance, projecting full-year revenue of $50-$55 million and an adjusted EBITDA loss of $(22)-(26) million. LanzaTech operates in the carbon management industry, using gas-fermentation technology to convert waste carbon into fuels and chemicals.