AMCI II (AMCI) Adds $50M PIPE to LanzaTech Deal
by Nicholas Alan Clayton on 2022-10-24 at 7:43am

AMCI II (NASDAQ:AMCI) announced this morning that it has added a $50 million PIPE to its combination with renewable materials-maker LanzaTech.

Woodside Energy (ASX:WDS) is investing in this PIPE at $10 per share and the two sides expect a strategic collaboration to follow, accelerating LanzaTech’s scale-up as it seeks out new ways to capture carbon and turn it into new industrial feedstocks.

The parties noted in an 8-K that, in addition to cementing this partnership, the move is a part of efforts by both sides to fully cover the transactions $250 million minimum cash condition with committed capital. So far, $180 million has been lined up including a $125 million PIPE at announcement.

Earlier this month, AMCI II announced that Brookfield Renewable has agreed to invest $500 million to efforts to construct and operate new LanzaTech projects that have achieved certain pre-agreed milestones. Following the initial investment, Brookfield has disclosed that it could commit to making an additional $500 million available if sufficient projects are available at the agreed milestones.

The SPAC announced its $1.8 billion business combination with LanzaTech on March 8. The Chicago-based company is developing carbon-capture plants designed to provide a number of carbon negative outputs ranging from jet fuel to consumer packaging materials.

On October 6, the company received $18.5 million in grant funding from the US Department of Energy to attempt to produce technology allowing for carbon-negative biomanufacturing.

 

AMCI II (AMCI) Adds $50M PIPE to LanzaTech Deal
Recent Posts
by Nicholas Alan Clayton on 2025-07-14 at 12:51pm

Cayson Acquisition Corp. (NASDAQ:CAPN) has entered into a definitive agreement to combine with boutique investment firm Mango Financial for $300 million in equity consideration. Hong Kong-based Mango provides a range of M&A and equity capital markets advisory services to clients considering listings in China and the US. The combined company is expected to trade on...

by Nicholas Alan Clayton on 2025-07-14 at 11:13am

Trailblazer (NASDAQ:BLZRU) has filed for a $200 million SPAC to bring a first-time team to market with serial sponsor terms. The new SPAC is offering investors a 1/3 warrant in each unit and it is the first SPAC filed so far this month with 24 months on its initial transaction clock. All other July SPACs...

by Kristi Marvin on 2025-07-14 at 9:19am

This week, we speak with Kyivstar CEO Oleksandr Komarov about the company’s $2.2 billion dollar combination with Cohen Circle Acquisition Corp. I (NASDAQ:CCIR). Few companies have been had to forge themselves in the flames recently quite like Ukraine’s leading telecom and digital services provider Kyivstar. Now, Kyivstar is not only telling that story but pitching it to...

by Nicholas Alan Clayton on 2025-07-14 at 8:30am

At the SPAC of Dawn The market still has one full trading session before it adds Tuesday’s Core CPI reading and a variety of Fed comments to messaging it is already ingesting on US President Donald Trump’s ever-shifting tariff policy. SPACs are meanwhile continuing on with business as usual, with Cayson (NASDAQ:CAPN) announcing the third...

by Kristi Marvin on 2025-07-12 at 10:02am

Terms Tracker for the Week Ending July 11, 2025 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. One more IPO priced this week bringing July’s total to 8. However, there are still three more weeks left in the month so that number...

logo

Copyright © 2025 SPACInsider, Inc. All Rights Reserved