LanzaTech Global Raises Capital and Simplifies Capital Structure

The latest update is out from LanzaTech Global ( (LNZA) ).

On January 21, 2026, LanzaTech Global, Inc. raised $20 million in gross proceeds through a private investment in public equity (PIPE), selling 4 million common shares at $5.00 per share to a group of new and existing institutional investors and issuing an additional 510,968 bonus shares; the largest investor also gained the right to appoint a non-voting observer to the company’s board. The same day, the company implemented a revised certificate of designation that triggered the mandatory conversion of $40 million of Series A Convertible Senior Preferred Stock into 3,250,322 common shares, amended a previously agreed warrant so it can be exercised any time until December 31, 2026 before automatic cashless exercise, and secured a waiver extending its deadline to register warrant shares, collectively simplifying its capital structure and expanding its common equity base through unregistered transactions under Securities Act exemptions.

The most recent analyst rating on (LNZA) stock is a Hold with a $14.00 price target. To see the full list of analyst forecasts on LanzaTech Global stock, see the LNZA Stock Forecast page.

Spark’s Take on LNZA Stock

According to Spark, TipRanks’ AI Analyst, LNZA is a Neutral.

The score is weighed down primarily by very weak financial performance (large losses, negative operating/free cash flow, and negative equity), with technicals also unfavorable (below key moving averages and negative MACD). Positive corporate events offer some strategic upside, but they do not offset the current funding and execution risk, and valuation remains constrained by negative earnings.

To see Spark’s full report on LNZA stock, click here.

More about LanzaTech Global

Average Trading Volume: 10,329

Technical Sentiment Signal: Sell

Current Market Cap: $31.09M

For an in-depth examination of LNZA stock, go to TipRanks’ Overview page.