Cash ManagementLNZA shored up liquidity with $40MM convertible notes with a $1.5/sh convertible rate.
Partnership StrategyLNZA is expanding its strategy to partnering with capital providers to get projects to FID, a useful shift following limited project sanctions this year.
Revenue GuidanceLNZA guided 4Q24 revenue to ~$70MM, bringing FY24 revenues to $108MM, above the prior guide of $90-105MM.