NET Power Inc.

Rice Acquisition Corp. II, traded on the New York Stock Exchange under the ticker RONI, is a blank-check company that completed its initial public offering in January 2022, targeting the energy transition and clean-power sector. The SPAC was sponsored by Rice Investment Group, the investment firm affiliated with the Rice family, known for their deep roots in the domestic energy industry. In December 2022 the company announced a business combination with NET Power Inc., a clean-energy technology company developing the Allam-Fetvedt Cycle, a natural gas power process designed to capture carbon dioxide inherently. The de-SPAC merger closed in June 2023, at which point the combined company began trading under the ticker NPWR. The quarterly report filed in May 2022 reflects the SPAC in its pre-announcement search phase. Sign up at SpacDesk for the full filing history, shareholder data, and deal analytics on RONI and hundreds of other SPACs.