other_material
confidence high
sentiment negative
materiality 0.75
LanzaTech announces 1-for-100 reverse stock split to regain Nasdaq compliance; president Cuellar resigns
LanzaTech Global, Inc.
- Reverse stock split effective Aug 18, 2025; every 100 shares become 1 to meet Nasdaq minimum bid price.
- Authorized shares increased from 600M to 2.58B pre-split, then drop to 25.8M post-split; par value reduced.
- President Aura Cuellar steps down; effective date TBD; departure not due to disagreement.
- Fractional shares rounded up; proportionate adjustments to warrants and equity awards.
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