NET Power Inc.

NET Power Inc. went public through a business combination with Rice Acquisition Corp. II (Nasdaq: RONI), a blank-check company sponsored by Rice Investment Group that completed its initial public offering in 2021. The transaction, which closed in June 2023, brought NET Power — a clean energy technology company commercializing the Allam-Fetvedt Cycle, a natural gas power generation process engineered to capture carbon dioxide as an intrinsic part of combustion — into the public markets. A related S-1 registration statement was filed with the SEC on July 7, 2023. The combined entity operates in the clean energy and power generation sector. Sign up for SpacDesk to access the full filing history, deal analytics, and live SPAC data coverage.