Michael Heraty
On June 16, 2025, Michael Heraty, the Chief Accounting Officer of LanzaTech Global, Inc. (the “Company”), submitted his resignation, effective as of June 26, 2025.
Highest-materiality recent filing
Gross proceeds of $20.0M from sale of 2,000,000 shares at $10.00 per share; closing expected May 18, 2026.
LanzaTech Q1 net loss narrows to $14.7M; capital raises alleviate going concern doubt
Q1 net loss of $14.7M vs $19.2M YoY; Adj. EBITDA loss narrowed to $7.9M from $30.5M.
LanzaTech files investor presentation; no specific financial or operational details disclosed
Presentation covers business update, liquidity actions, and strategic initiatives per filing text.
LanzaTech dismisses Deloitte, names BDO as auditor; prior reports flagged going-concern doubt
Dismissed Deloitte & Touche and engaged BDO USA as independent auditor for FY2026, effective April 10, 2026.
Deloitte & Touche dismissed as auditor effective April 10, 2026; BDO USA appointed for FY2026.
LanzaTech FY2025 net loss narrows to $49M; opex down 21% YoY
Net loss improved to $49.0M from $137.7M in 2024; Adjusted EBITDA loss narrowed to $71.3M from $88.2M.
LanzaTech's ownership in LanzaJet drops to ~46% after Series A investment and exchange
LanzaTech invested $2.0M for 455,522 Series A Preferred shares at $4.390563 each.
Director Jill Frizzley resigns from LanzaTech board effective Jan 31, 2026
Jill Frizzley, appointed March 2025, voluntarily resigned as independent director effective January 31, 2026.
LanzaTech raises $20M in PIPE; preferred stock converts to common shares
Raised $20M from PIPE: 4,000,000 shares at $5.00 each plus 510,968 bonus shares to institutional investors.
LanzaTech increases LanzaJet ownership to 53% under pre-existing agreement
Received final LanzaJet common stock tranches on Dec 16, 2025, raising stake from ~36% to 53% with no new capital.
LanzaTech Q3 revenue $9.3M, net income $2.9M; LanzaJet ethanol-to-jet plant operational
Revenue $9.3M vs $9.9M YoY; net income $2.9M vs net loss $57.4M.
Eliminates SPE Investment Condition; LanzaJet issues second tranche of 15M shares promptly, third by Dec 31, 2025 or milestone.
Extended deadline for common stock financing to Oct 15, 2025; target $35M-$60M at $5/share post reverse split.
LanzaTech Q2 revenue falls 48% YoY to $9.1M; net loss widens to $32.5M
Revenue of $9.1M in Q2 2025, down from $17.4M in Q2 2024; six-month revenue $18.6M vs $27.6M.
Reverse stock split effective Aug 18, 2025; every 100 shares become 1 to meet Nasdaq minimum bid price.
LanzaTech shareholders approve 100-for-1 reverse split and authorize 2.58B shares
Authorized common shares increased from 600M to 2.58B (Proposal 4 approved 178.9M for, 36.5M against).
LanzaTech amends loan with Brookfield: extends maturity to Dec 2029, adjusts interest terms
Loan principal plus accrued interest outstanding as of July 10, 2025: $49,051,703.
Chief Accounting Officer Michael Heraty resigns; CFO Koyanagi adds duties
Michael Heraty resigned as Chief Accounting Officer effective June 26, 2025.
LanzaTech announces workforce reduction at Skokie, IL effective August 10, 2025
Company notified employees on June 10, 2025 of anticipated layoffs at Skokie, Illinois location.
LanzaTech amends CFO disclosure; Koyanagi receives $60K retention award
Justin Pugh stepped down as interim CFO effective June 2; Sushmita Koyanagi appointed CFO.
LanzaTech extends BGTF loan to Dec 2029 (8%/12% interest); appoints CAO
Loan maturity extended from Oct 2027 to Dec 2029; interest accrues at 8% through Dec 2028 then 12% through Dec 2029.
LanzaTech amends $40M preferred stock deal; extends deadlines for warrant issuance
Amends May 2025 $40M Series A preferred stock purchase; extends deadline for warrants to buy 780M common shares at $0.0000001 per share.
LanzaTech names Sushmita Koyanagi CFO; GC resigns; board member retires; $1M cost savings
CFO Justin Pugh steps down June 2; CAO Sushmita Koyanagi appointed permanent CFO effective same date.
LanzaTech Q1 revenue $9.5M, net loss $19.2M; going concern doubt remains despite $40M equity
Total revenue $9.5M, down from $10.2M YoY; CarbonSmart revenue growth offset biorefining and JDA declines.
On June 16, 2025, Michael Heraty, the Chief Accounting Officer of LanzaTech Global, Inc. (the “Company”), submitted his resignation, effective as of June 26, 2025.
Sushmita Koyanagi, the Company’s Chief Financial Officer, is expected to assume the responsibilities of principal accounting officer
on June 2, 2025, the Board of Directors of the Company appointed Michael Heraty, Vice President – Internal Audit & SOX Compliance to serve as Chief Accounting Officer of the Company following Sushmita Koyanagi’s promotion to Chief Financial Officer.
on June 2, 2025, the Board of Directors of the Company appointed Michael Heraty, Vice President – Internal Audit & SOX Compliance to serve as Chief Accounting Officer of the Company following Sushmita Koyanagi’s promotion to Chief Financial Officer.
Sushmita Koyanagi, the Company's then-current Chief Accounting Officer, would take on the position of Chief Financial Officer.
Justin Pugh would step down from his role as the Company's interim Chief Financial Officer
Sushmita Koyanagi, the Company’s current Chief Accounting Officer, would take on the position of Chief Financial Officer.
Amanda Koenig Fuisz, Deputy General Counsel, will serve as interim General Counsel effective as of such date.
On May 22, 2025, Joseph Blasko, General Counsel and Corporate Secretary, notified the Company of his decision to resign, effective June 13, 2025, in order to pursue another professional opportunity.
effective June 2, 2025, Justin Pugh would step down from his role as the Company’s interim Chief Financial Officer
On May 23, 2025, Gary Rieschel notified the Company of his decision to not stand for re-election as a member of the Board.
Max materiality 0.85 · Median 0.60 · Most common event other_material