LanzaTech announces merger agreement with AMCI
The closing of the business combination is subject to approval by AMCI’s and LanzaTech’s stockholders and the satisfaction of other customary closing conditions and is expected to close as soon as practicable.
Jennifer Holmgren, CEO of LanzaTech, said “We are thrilled to reach this important milestone in our journey towards becoming a public company via our partnership with AMCI.
“This transaction will enable a significant acceleration in the deployment of our CCT technology, bringing us as a society, one step closer to achieving a circular carbon economy and finding a solution for the challenges of decarbonizing modern heavy industry.”
Headquartered in Skokie, Illonois, LanzaTech transforms waste carbon into materials such as sustainable fuels, fabrics, packaging, and other products.
AMCI invests in and operates industrial businesses focused on natural resources, transportation, infrastructure, metals and energy.