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LanzaTech (AMCI Acquisition II) Priced, Nasdaq: LNZA

Second blank check company formed by AMCI Group targeting decarbonization and sustainability solutions (completed 2/9/2023).

Industry: SPAC

Latest Trade: $2.86 -0.01 (-0.3%)

First Day Return: -1.5%

Return from IPO: -71.3%

Industry: SPAC

We are a newly organized blank check company. While we may pursue an initial business combination target in any stage of its corporate evolution or in any industry or sector, we intend to capitalize on the expertise and ability of our management team to identify and transact with a business that provides decarbonization and/or sustainability solutions to the global industrial complex. Our sponsor is an affiliate of the AMCI group of companies. Established in 1986, AMCI Group ("AMCI") is a privately held group that invests in and operates industrial businesses focused on natural resources, transportation, infrastructure, metals and energy. AMCI has invested over $1.7 billion in 40 industrial companies with operations spanning the globe. AMCI’s existing portfolio consists of 21 companies with approximately 8,000 employees and over $6 billion in annual revenue. AMCI takes an active role in its portfolio companies and uses its extensive operational experience in managing these businesses to build equity value through organic expansion, mergers and acquisitions and operational enhancements. We are led by our management team of Nimesh Patel and Brian Beem, who serve as our Chief Executive Officer and President, respectively. Messrs. Patel and Beem are affiliated with our sponsor, AMCI.
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IPO Data
IPO File Date 02/12/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 15.0
Deal Size ($mm) $150
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 08/03/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 15.0
Deal Size ($mm) $150
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Evercore ISI
I-Bankers Securities
Company Data
Headquarters Greenwich, CT, United States
Founded 2021
Employees 3
Website amcigroup.com

LanzaTech (AMCI Acquisition II) (LNZA) Performance