Guardians of New Zealand Superannuation, which holds a 10 percent ownership stake in LanzaTech Global, Inc. (NASDAQ: LNZA), purchased 969,858 common shares on January 21, 2026, according to a Form 4 filed with the Securities and Exchange Commission.
The filing breaks down the transaction values: 860,000 shares were purchased at a per-share price of $5.00, while 109,858 bonus shares were issued with a reported price of $0.00. The aggregate value of the purchase activity is stated as $4.3 million. After the transaction, Guardians of New Zealand directly holds 1,302,492 LanzaTech shares.
Operational milestones and projects
LanzaTech disclosed an operational milestone involving its municipal solid waste to ethanol pilot plant in Kuji City, Japan. Operated by SEKISUI CHEMICAL CO., LTD., the facility has been producing ethanol since April 2022, which the company cites as a demonstration of its gas fermentation technology.
In addition, LanzaTech secured a contract to build an ethanol production facility in Uttar Pradesh, India. The planned plant is designed to process up to 300 tons of sugarcane bagasse daily and is being developed under India’s PM JI-VAN Yojana program, which supports bioethanol production from agricultural waste.
Capital raises and board change
The company recently completed a $20 million private placement of common stock. This raise supplements a prior $40 million investment recorded in May 2025, bringing the total capital raised in these rounds to $60 million. LanzaTech has indicated that these funds will be used to pursue its highest-value carbon recycling opportunities.
Separately, the company announced that Jill Frizzley, an independent member of the board of directors, resigned effective January 31. The company noted her departure was voluntary and not the result of any disagreement with LanzaTech’s operations or policies.
Context and current ownership
The recent purchase by Guardians of New Zealand increases its direct ownership in LanzaTech to 1,302,492 shares. The Form 4 filing documents the mechanics of the transaction and the mix of paid and bonus shares included in the purchase.
Beyond the transaction and corporate developments above, the company’s disclosures in the filing and related announcements highlight ongoing pilot operations, a contracted build in India, recent capital raises totaling $60 million, and a voluntary board resignation effective at the end of January.