Amci Acquisition Corp Ii - AMCIU STOCK NEWS

LanzaTech has completed its business combination with AMCI Acquisition Corp. II, becoming LanzaTech Global, Inc. on February 10, 2023. The transaction generated approximately $240 million in proceeds, bolstering its plans to reach cash flow breakeven by 2024. LanzaTech specializes in carbon capture and transformation, converting waste carbon into sustainable materials like fuels and packaging. With a pro forma enterprise value of $1.8 billion, the company aims to accelerate the deployment of its technology across various industries, leveraging strong partnerships to support sustainability goals.

AMCI Acquisition Corp. II (AMCI) has scheduled a special stockholder meeting for February 1, 2023, to vote on a proposed business combination with LanzaTech, a leader in carbon capture technology. The definitive proxy statement has been filed and distributed to stockholders as of December 28, 2022. Upon successful approval, the merger will form LanzaTech Global, Inc., listed on NASDAQ under the ticker LNZA. CEO Dr. Jennifer Holmgren emphasizes the merger will accelerate LanzaTech's technology deployment, fostering a circular carbon economy.

LanzaTech NZ announced a transition for Co-Founder Dr. Sean Simpson to an advisory role focused on strategic projects, as the company prepares for its public debut via AMCI Acquisition Corp. II (NASDAQ: AMCI). Dr. Simpson will aid CEO Dr. Jennifer Holmgren in developing LanzaTech's core platform. Founded in 2005, LanzaTech has scaled operations globally, converting waste carbon into sustainable products. With ongoing growth, broader applications of its technology are anticipated, furthering its mission towards a circular carbon economy.

LanzaTech NZ, a leader in Carbon Capture and Transformation, will present at two upcoming investor conferences: the Cowen Global Transportation & Sustainable Mobility Conference on September 7, and the Credit Suisse Carbon Negative Conference from September 14-16, 2022. During the Cowen Conference, LanzaTech will host a live webcast fireside chat from 11:20 AM EDT to 11:50 AM EDT. The company, which transforms waste carbon into sustainable products, has successfully produced over 30 million gallons of ethanol, offsetting 150,000 metric tons of CO2.

LanzaTech NZ, an innovative Carbon Capture and Transformation company, will merge with AMCI Acquisition Corp. II to go public, creating LanzaTech Global, Inc. The deal values LanzaTech at $1.8 billion and is projected to generate $275 million in gross proceeds. LanzaTech aims to reshape the carbon economy by turning waste carbon into sustainable materials, addressing the global carbon crisis and supporting industries' sustainability goals. The transaction is expected to close in Q3 2022, pending stockholder approvals.

AMCI Acquisition Corp. II (Nasdaq: AMCIU) announced that starting on or about September 24, 2021, holders of its Units can separately trade shares of Class A common stock (AMCI) and Warrants (AMCIW). This separation will allow Units not separated to continue trading under AMCIU on Nasdaq. The Company focuses on mergers and acquisitions in sustainability and energy transition sectors.

For separation, brokers must contact Continental Stock Transfer & Trust Company, and no fractional Warrants will be issued.

AMCI Acquisition Corp. II (Nasdaq: AMCIU) announced the closing of its initial public offering, raising gross proceeds of $150 million by selling 15 million units at $10.00 each. The units began trading on Nasdaq on August 4, 2021, and consist of one share of Class A common stock and one-half of a redeemable warrant, exercisable at $11.50 per share. The company aims to pursue investment opportunities in sustainability and energy transition. Evercore ISI served as the sole book-running manager for the offering.

AMCI Acquisition Corp. II announced the pricing of its initial public offering (IPO) of 15,000,000 units at $10.00 per unit, slated for trading on Nasdaq under the symbol 'AMCIU' starting August 4, 2021. Each unit comprises one share of Class A common stock and one-half of a redeemable warrant, with the latter exercisable at $11.50 per share. The company is a blank check entity focused on mergers and acquisitions in sustainability and energy transition sectors. Evercore ISI is the sole book-runner for the offering, which allows for an additional 2,250,000 units to be purchased to cover over-allotments.