secwatch.observer — SEC 8-K summary
======================================

Issuer:     LanzaTech Global, Inc. (LNZA)
CIK:        0001843724
Form:       8-K
Filed at:   2025-02-20T23:59:59+00:00
Accession:  0001628280-25-006830
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LanzaTech converts $60M SAFE into loan with Brookfield; $12.5M due Feb 21, 2025
-------------------------------------------------------------------------------

- Loan of $60,030,750 (initial $50M plus 8% compounded interest from Oct 2022) replaces the SAFE; $12.5M principal due Feb 21, 2025.
- Remaining principal plus 8% compounded interest due Oct 3, 2027, or earlier on change of control or breach.
- For each $50M of equity funding for qualifying projects, $5M of loan principal is deemed repaid.
- Brookfield gets board observer rights and information/access rights; LanzaTech restricted from dividends, share repurchases, and senior debt without consent.
- SAFE terminated; Framework Agreement remains in effect.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1843724/000162828025006830/0001628280-25-006830-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1843724/000162828025006830/amci-20250214.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-006830

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer