LanzaTech Global Inc [Common Shares]

LanzaTech shares rose about 10.6% on Monday after the company announced it would be added to the Russell 3000 — and therefore also the Russell 2000 — effective at the market open on June 29, 2026. The index inclusion increases the company’s visibility among institutional investors and passive funds. CEO Jennifer Holmgren called the move an important milestone in expanding the company’s institutional reach. » Plus sur de.investing.com

LanzaTech sold 2,000,000 common shares in a registered direct placement to institutional investors, generating roughly USD 20 million in gross proceeds before fees. The capital raise took place while the stock traded at USD 8.05 and the market capitalization was about USD 84.75 million; the stock had fallen 51% in the prior week. InvestingPro notes rapid cash burn and deems the financing critical for ongoing operations; D. Boral Capital served as exclusive placement agent. » Plus sur de.investing.com

LanzaTech has chosen the North Sea Port in Ghent, Belgium, as the site for a commercial plant to produce sustainable aviation fuel using the alcohol-to-jet process. FEED is largely complete, the site is secured, and letters of intent for feedstock supplies and offtake agreements are in place; an environmental impact assessment will be applied for and the final investment decision is still pending. The FLITE project is supported by Horizon 2020 funding and is expected to create around 50 permanent jobs and an average of 300 full-time equivalents during the three-year construction period. Despite a 41% revenue decline to USD 6m in the last twelve months, LanzaTech shows a strong liquidity position (current ratio 16.1) and a gross margin of 48%, but has recently been unprofitable and is currently rated as overvalued by InvestingPro. » Plus sur de.investing.com