NET Power Inc.

Rice Acquisition Corp. II, trading on Nasdaq under the ticker RONI, is a blank-check company sponsored by Rice Investment Group and led by energy-focused investor Daniel Rice IV. The SPAC completed its initial public offering in 2021 and announced a definitive merger agreement with NET Power Inc. in December 2022, targeting the clean energy sector. NET Power develops zero-emissions natural gas power generation technology based on the Allam-Fetvedt Cycle. The transaction closed and the combined company began trading under the ticker NPWR in 2023, marking the completion of the SPAC's lifecycle. Sign up at SpacDesk for full filings, timeline data, and deal analytics on RONI and hundreds of other SPACs.

SPAC Counterparty (1)