LanzaTech Global backstops up to $5 million in LanzaJet secured financing
LNZA•LanzaTech Global committed to purchase up to $5 million of additional notes in LanzaJet’s recapitalization if other investors do not fund them. The financing involves up to $25 million in senior secured notes, including $10 million funded at closing and another $10 million conditionally committed.
1. Financing terms
LanzaTech Global completed a LanzaJet recapitalization on October 14, 2026, involving up to $25 million in senior secured notes. Future Solution Investments funded $10 million at closing and conditionally committed another $10 million by December 1, 2026; LanzaTech Global committed to purchase up to $5 million of additional notes to the extent other investors do not fund them.
2. Notes and warrants
The notes mature on October 14, 2029, and carry interest at prime, subject to a 7% floor, plus 2.25 percentage points. Exercising warrants received in the recapitalization would give subsidiary LanzaTech 66.67% of LanzaJet’s fully diluted shares, assuming $20 million is funded.
