secwatch.observer — SEC 8-K summary
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Issuer:     LanzaTech Global, Inc. (LNZA)
CIK:        0001843724
Form:       8-K
Filed at:   2024-10-22T23:59:59+00:00
Accession:  0001628280-24-043308
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 1.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LanzaTech terminates Forward Purchase Agreement, pays $10M, retires 2.9M shares
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- On Oct 4, 2024, ACM triggered VWAP acceleration of FPA; LanzaTech settled in cash for $7.5M maturity + $2.5M share consideration.
- LanzaTech chose cash settlement to avoid downward stock pressure and because share settlement would be at a market discount.
- ACM returned ~2.9M common shares; LanzaTech will retire them, reducing outstanding shares to ~194.8M.
- All obligations under the Forward Purchase Agreement are fully satisfied and the agreement is terminated.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1843724/000162828024043308/0001628280-24-043308-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1843724/000162828024043308/amci-20241016.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-043308

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