LanzaTech heads for Nasdaq in SPAC deal

LanzaTech heads for Nasdaq in SPAC deal
Richard Branson announces Virgin Atlantic's support for LanzaTech's biofuel process in 2011. (Image: Getty)
Henry Burrell
Revolutionary carbon recycling technology company LanzaTech NZ Inc plans to go public on the Nasdaq by merging with special purpose acquisition company (SPAC) AMCI Acquisition Corp II.The route to the stock market mirrors that of fellow New Zealand-founded company Rocket Lab, which merged with a SPAC in 2021. SPACs, also known as “blank cheque companies”, are shell corporations that list on a stock exchange with the express purpose of acquiring a private company. This allows companies to go public but avoid the usual initial pu...

More Technology

Foresta parts ways with managing director Ray Mountfort
Primary Sector

Foresta parts ways with managing director Ray Mountfort

The company assured shareholders plans for a biomass plant in Kawerau are on track.

Greg Hurrell 25 Jul 2024
Black Swan digital disasters are looming
Opinion

Peter Griffin: Black Swan digital disasters are looming

We can learn much from the Crowdstrike outage about living with concentrated tech.

Peter Griffin 25 Jul 2024
Business of Tech: Was ComCom right to block the Serato deal?
Technology Free Podcast

Business of Tech: Was ComCom right to block the Serato deal?

 Plus, the Crowdstrike IT outage: what happened and what have we learned?

Google parent’s ad sale growth slows
Technology

Google parent’s ad sale growth slows

Alphabet’s total revenue growth slows as well; net income rises 28.6%.