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Vinod Khosla details 64.2% LanzaTech (LNZA) stake after warrant, conversion

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

LanzaTech Global, Inc. (LNZA) filed Amendment No. 2 to a Schedule 13D showing updated ownership by entities affiliated with Vinod Khosla. As of January 29, 2026, these reporting persons beneficially owned 11,478,998 shares of common stock, including 7,800,000 shares underlying a warrant, representing approximately 64.2% of the common stock under SEC rules.

On January 21, 2026, 20,000,000 shares of Series A Convertible Senior Preferred Stock were converted into 3,250,322 common shares, and the issuer granted a warrant to purchase 7,800,000 common shares at an exercise price of $0.0000001 per share to a preferred stockholder. The ownership percentages are calculated based on 2,320,216 common shares outstanding as of November 13, 2025, plus the converted shares, the warrant shares and 4,510,968 common shares issued that day to unaffiliated investors.

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Insights

Amended 13D updates Vinod Khosla’s majority stake and new warrant-linked ownership in LanzaTech.

The amendment shows entities affiliated with Vinod Khosla holding 11,478,998 common shares on a beneficial basis as of January 29, 2026, including 7,800,000 shares underlying a warrant. This equates to approximately 64.2% of LanzaTech’s common stock under Rule 13d-3.

The filing explains that on January 21, 2026 the issuer converted 20,000,000 preferred shares into 3,250,322 common shares and issued the warrant with a $0.0000001 exercise price per share. It also notes 4,510,968 new common shares issued to investors not affiliated with the reporting persons.

Overall, the document clarifies the structure and basis of Khosla-affiliated entities’ majority ownership, tying it to recent preferred stock conversion and warrant issuance. Subsequent company filings may further describe any additional capital or governance arrangements related to these securities.






If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).






SCHEDULE 13D




Comment for Type of Reporting Person:
Row 13: Calculation of the percent is based on (i) 2,320,216 shares of common stock, par value $0.0000001 per share (the "Common Stock") outstanding as of November 13, 2025, as reported in the Issuer's Form 10-Q filed on November 19, 2025; (ii) a warrant to purchase 7,800,000 shares of Common Stock at an exercise price equal to $0.0000001 per share as reported in the Issuer's Current Report on Form 8-K filed January 23, 2026; (iii) 3,250,322 shares of Common Stock converted from the Issuer's "Series A Convertible Senior Preferred Stock", par value $0.0001 per share (the "Preferred Stock"), as reported in the Issuer's Current Report on Form 8-K, filed January 23, 2026; and (iv) 4,510,968 shares of Common Stock issued by the Issuer on January 21, 2026 to investors not affiliated with the Reporting Person.


SCHEDULE 13D




Comment for Type of Reporting Person:
Row 13: Calculation of the percent is based on (i) 2,320,216 shares of Common Stock outstanding as of November 13, 2025, as reported in the Issuer's Form 10-Q filed on November 19, 2025; (ii) a warrant to purchase 7,800,000 shares of Common Stock at an exercise price equal to $0.0000001 per share as reported in the Issuer's Current Report on Form 8-K filed January 23, 2026; (iii) 3,250,322 shares of Common Stock converted from the Issuer's Preferred Stock, as reported in the Issuer's Current Report on Form 8-K, filed January 23, 2026; and (iv) 4,510,968 shares of Common Stock issued by the Issuer on January 21, 2026 to investors not affiliated with the Reporting Person.


SCHEDULE 13D




Comment for Type of Reporting Person:
Row 13: Calculation of the percent is based on (i) 2,320,216 shares of Common Stock outstanding as of November 13, 2025, as reported in the Issuer's Form 10-Q filed on November 19, 2025; (ii) a warrant to purchase 7,800,000 shares of Common Stock at an exercise price equal to $0.0000001 per share as reported in the Issuer's Current Report on Form 8-K filed January 23, 2026; (iii) 3,250,322 shares of Common Stock converted from the Issuer's Preferred Stock, as reported in the Issuer's Current Report on Form 8-K, filed January 23, 2026; and (iv) 4,510,968 shares of Common Stock issued by the Issuer on January 21, 2026 to investors not affiliated with the Reporting Person.


SCHEDULE 13D




Comment for Type of Reporting Person:
Row 13: Calculation of the percent is based on (i) 2,320,216 shares of Common Stock outstanding as of November 13, 2025, as reported in the Issuer's Form 10-Q filed on November 19, 2025; (ii) a warrant to purchase 7,800,000 shares of Common Stock at an exercise price equal to $0.0000001 per share as reported in the Issuer's Current Report on Form 8-K filed January 23, 2026; (iii) 3,250,322 shares of Common Stock converted from the Issuer's Preferred Stock, as reported in the Issuer's Current Report on Form 8-K, filed January 23, 2026; and (iv) 4,510,968 shares of Common Stock issued by the Issuer on January 21, 2026 to investors not affiliated with the Reporting Person.


SCHEDULE 13D


Khosla Ventures III, L.P.
Signature:By: Khosla Ventures Associates III, LLC, a Delaware limited liability company and general partner of Khosla Ventures III, L.P., /s/ John Demeter
Name/Title:John Demeter, as attorney-in-fact for Vinod Khosla, Managing Member
Date:01/29/2026
Khosla Ventures Associates III, LLC
Signature:/s/ John Demeter
Name/Title:John Demeter, as attorney-in-fact for Vinod Khosla, Managing Member
Date:01/29/2026
VK Services, LLC
Signature:/s/ John Demeter
Name/Title:John Demeter, as attorney-in-fact for Vinod Khosla, Managing Member
Date:01/29/2026
Vinod Khosla
Signature:/s/ John Demeter
Name/Title:John Demeter, as attorney-in-fact for Vinod Khosla
Date:01/29/2026

FAQ

How much of LanzaTech Global (LNZA) does Vinod Khosla beneficially own in this 13D/A?

The reporting persons affiliated with Vinod Khosla beneficially own 11,478,998 shares of LanzaTech common stock, representing approximately 64.2% of the outstanding common shares, calculated under SEC Rule 13d-3 using the share counts and warrant described in the filing.

What new securities affected Vinod Khosla’s ownership in LanzaTech (LNZA)?

On January 21, 2026, 20,000,000 shares of Series A Convertible Senior Preferred Stock converted into 3,250,322 common shares, and LanzaTech issued a warrant to purchase 7,800,000 common shares at an exercise price of $0.0000001 per share to a preferred stockholder.

How was the 64.2% ownership percentage for LanzaTech (LNZA) calculated in the 13D/A?

The approximately 64.2% figure is based on 2,320,216 common shares outstanding as of November 13, 2025, plus 3,250,322 common shares from preferred conversion, 7,800,000 warrant shares, and 4,510,968 common shares issued on January 21, 2026 to unaffiliated investors.

Which entities related to Vinod Khosla are reporting ownership in LanzaTech (LNZA)?

The reporting persons are Khosla Ventures III, L.P., Khosla Ventures Associates III, LLC, VK Services, LLC, and Vinod Khosla. Each entity reports beneficial ownership, with shared voting and dispositive power over the same pool of LanzaTech common shares described in the amendment.

Did LanzaTech (LNZA) issue new common shares to other investors in this period?

Yes. On January 21, 2026, LanzaTech issued 4,510,968 common shares to investors not affiliated with the reporting persons. This issuance is included in the share-count base used to calculate the reporting group’s approximately 64.2% beneficial ownership percentage.

What is the exercise price of the warrant mentioned in the LanzaTech (LNZA) 13D/A?

The warrant issued to the preferred stockholder allows purchase of 7,800,000 common shares at an exercise price of $0.0000001 per share, subject to adjustments in certain events, as described in the amendment and related transaction documents.
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