LanzaTech to implement 1-for-100 reverse stock split on August 18.

LanzaTech Global, a leading carbon capture and transformation company, will implement a 1-for-100 reverse stock split of its common stock, effective August 18, 2025. This will involve decreasing the par value of the common stock from $0.0001 to $0.0000001 and increasing the authorized shares from 600 million to 2.58 billion. The number of authorized shares will then be proportionately decreased to 25.8 million. The reverse stock split was approved by stockholders at the company's annual meeting.

LanzaTech Global, Inc. (NASDAQ: LNZA), a leading carbon capture and transformation company, has announced a significant corporate action: a 1-for-100 reverse stock split of its common stock, effective August 18, 2025. This move aims to regain compliance with the Nasdaq Capital Market's minimum bid price requirement. The reverse stock split will decrease the par value of the common stock from $0.0001 to $0.0000001 and increase the authorized shares from 600 million to 2.58 billion. The number of authorized shares will then be proportionately decreased to 25.8 million [1].

The primary objective of the reverse stock split is to meet the Nasdaq listing requirements, which stipulate that the minimum bid price for a stock must be at least $1.00. LanzaTech's current stock price has likely fallen below this threshold, necessitating the reverse split. The company expects its common stock to begin trading on a post-split basis at the market open on August 19, 2025, under the same symbol "LNZA" but with a new CUSIP number (51655R200) [2].

The reverse stock split will affect all stockholders uniformly. Fractional shares resulting from the split will be rounded up to the nearest whole share at the registered holder level with The Depository Trust Company. Proportionate adjustments will also be made to the number of shares of common stock underlying the company’s outstanding equity awards and warrants. The exercise price for each warrant following the effective time will equal the product of one hundred multiplied by the exercise price prior to the effective time [1].

This move signals a significant financial restructuring for LanzaTech. While the reverse stock split will artificially inflate the stock price, the authorized share increase provides capacity for future dilution. This pattern often precedes additional capital raises that further devalue existing shareholders' stakes. Reverse splits rarely resolve underlying operational issues and frequently lead to continued share price erosion after implementation. The market typically interprets such extreme measures as a red flag, often resulting in additional selling pressure once the split takes effect [2].

The reverse stock split was approved by stockholders at LanzaTech's 2025 Annual Meeting of Stockholders held on July 28, 2025. LanzaTech's transfer agent, Continental Stock Transfer & Trust Company, is acting as the exchange agent for the reverse stock split. Stockholders holding their shares electronically in book-entry form are not required to take any action to receive post-split shares [1].

References:
[1] https://www.globenewswire.com/news-release/2025/08/15/3134166/0/en/LanzaTech-Announces-Reverse-Stock-Split-as-Part-of-Nasdaq-Compliance-Plan.html
[2] https://www.stocktitan.net/news/LNZA/lanza-tech-announces-reverse-stock-split-as-part-of-nasdaq-jki3o7lkciwb.html