LanzaTech Global Backstops Up to $5 Million in LanzaJet Secured Financing
Bitget2026/10/20 21:07- LanzaTech Global completed a LanzaJet recapitalization on October 14, 2026, involving up to $25 million in senior secured notes.
- Future Solution Investments funded $10 million at closing, with another $10 million conditionally committed by December 1, 2026.
- The parent committed to purchase up to $5 million of additional notes to the extent not funded by other investors.
- The notes mature October 14, 2029, bearing interest at prime, subject to a 7% floor, plus 2.25 percentage points.
- Exercising warrants received in the recapitalization would give subsidiary LanzaTech 66.67% of LanzaJet’s fully diluted shares, assuming $20 million is funded.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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