LanzaTech Global, Inc. announced a 1-for-100 reverse stock split of its common stock.
The reverse stock split is part of their Nasdaq compliance plan.
Stockholders approved the reverse stock split at the 2025 Annual Meeting of Stockholders.
Reverse Stock Split
1-for-100 reverse stock split to regain Nasdaq compliance.
Par Value Change
Par value of Common Stock decreased from $0.0001 to $0.0000001.
Authorized Share Increase
Authorized shares of Common Stock increased to 2,580,000,000.
- The reverse stock split will affect all stockholders uniformly.
- Common Stock will begin trading post-split on August 19, 2025, under the symbol 'LNZA'.
The Reverse Stock Split by LanzaTech is a strategic move to maintain compliance with Nasdaq regulations and streamline the company's shares.