LanzaTech announced the completion of a registered direct offering that generated approximately $20 million in gross proceeds before placement agent fees and other offering-related expenses. The financing is expected to support the company’s ongoing commercialization efforts and expansion of its carbon recycling technology platform.
Under the terms of the transaction, the company entered into a securities purchase agreement with institutional investors to sell 2 million shares of common stock. The offering was completed directly with the investors without a public underwriting process. D. Boral Capital served as the exclusive placement agent for the financing transaction.
LanzaTech is known for developing gas fermentation technology that captures and transforms waste carbon emissions into valuable products. The company’s platform uses proprietary microbes to convert industrial carbon emissions and other low-value carbon sources into sustainable fuels, chemicals, materials, and packaging ingredients. Its technology has been deployed across a variety of sectors, including steel manufacturing, refining, and waste management.
The company has also expanded its focus to sustainable aviation fuel, working with partners across the aviation and energy industries to help reduce carbon emissions associated with air travel. In addition to fuels, LanzaTech’s technology supports the production of consumer goods ingredients and industrial chemicals derived from recycled carbon sources rather than fossil feedstocks.
LanzaTech operates through a global network of commercial partnerships and strategic collaborations. The company has worked with industrial operators, governments, and technology partners in multiple regions to scale carbon utilization infrastructure and accelerate the transition toward a circular carbon economy. Headquartered in the United States, the company continues to position itself as a developer of carbon capture and utilization technologies to reduce industrial emissions.
According to the announcement, D. Boral Capital has facilitated approximately $35 billion in capital transactions since its launch in 2020. The investment banking firm has completed roughly 400 transactions spanning equity offerings, debt financings, mergers and acquisitions advisory, restructuring assignments, and other strategic financial services. The firm is a member of FINRA and SIPC.
