LanzaTech Global has begun trading on the Nasdaq following its business combination with AMCI, positioning itself as a leader in carbon recycling technology aimed at addressing climate change.
Information on the Target
LanzaTech Global, a pioneer in carbon recycling technology, specializes in converting carbon emissions into valuable products. Founded with the mission of reducing atmospheric carbon, LanzaTech employs a unique fermentation process that transforms waste carbon into ethanol and other chemicals, playing a key role in the global shift towards sustainable manufacturing.
The company went public on February 10, 2023, marking a significant milestone in its growth trajectory. Its common stock trades under the ticker symbol LNZA, while public warrants are listed as LNZAW. This strategic move provides LanzaTech with the necessary capital to accelerate its innovation and expansion efforts.
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Industry Overview in the Target’s Specific Country
The carbon capture and utilization sector is rapidly evolving, particularly in the United States. With growing recognition of climate change, there has been an increasing push towards sustainable practice
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Disclosed details
Transaction Size: $225M
Enterprise Value: $225M
Equity Value: $225M