NET Power Inc.

NET Power Inc., listed under ticker RONI, is associated with Rice Acquisition Corp. II, a blank check company sponsored by Rice Acquisition Holdings II LLC and affiliated with the Rice family's energy investment platform. The SPAC completed its initial public offering in 2021 and targeted the clean energy and energy transition sector. NET Power, the operating company at the center of the proposed business combination, develops natural gas power generation technology built around the Allam-Fetvedt Cycle, which produces electricity while inherently capturing carbon dioxide at the point of combustion. The 10-Q filed on August 15, 2022, reflects the company's financial position during the period leading up to its anticipated de-SPAC transaction. Visit SpacDesk and sign up for full filing history, timeline data, and deal analytics on RONI and hundreds of other SPAC transactions.