Carbon Capture Co.'s $1.8B SPAC Deal Sparks Chancery Suit
Law 360
MAY 14, 2024
Stockholders who lost big after a blank-check company took carbon-capture venture LanzaTech NZ Inc. public in a purportedly $1.8 billion reverse-merger in February 2023 have sued for damages in Delaware's Court of Chancery, alleging disclosure failures and other defects prior to closing.
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