LNZA News & Events

Lanzatech Global Inc trading halted, volatility trading pause

LanzaTech announced that it has entered into a securities purchase agreement with certain institutional investors for the sale and purchase of 2M shares of the company's common stock in a registered direct offering, expected to result in gross proceeds of approximately $20M, before deducting placement agent fees and other offering expenses. The company intends to use the net proceeds from the offering for general corporate purposes. The closing of the offering is expected to occur on or about May 18, subject to the satisfaction of customary closing conditions. D. Boral Capital is acting as the sole placement agent for the offering.

Reports Q1 revenue $12.0M vs. $9.5M last year. "This has been a period in which our transformation strategy has begun delivering measurable financial results. The restructuring initiatives implemented in mid-2025 drove a 59% reduction in operating expenses in Q1 2026 compared with Q1 2025, materially improving our cost structure while maintaining momentum across our strategic initiatives," said CEO Jennifer Holmgren. "During the period, we achieved guaranteed performance with municipal solid waste in Japan, a critical proof point in converting highly challenging waste streams into SAF. In the UK we completed site selection for our integrated SAF facility, an important development milestone that advances the project toward engineering, permitting and commercial deployment. We also continued progressing our India project utilizing agricultural residues as feedstock. Together, these milestones demonstrate the breadth and flexibility of our platform across multiple waste streams. Alongside this, both LanzaTech and LanzaJet have completed successful capital raises with new investors, strengthening our financial position. These achievements demonstrate continued momentum as we build a platform for long term growth."