Ticker LaunchSPAC · Merger completed
Rice Acquisition Corp. II
Business combination with NET Power, LLC
Rice Acquisition Corp. II is a blank-check company (SPAC) that completed its initial public offering on Jun 17, 2021, listing on New York Stock Exchange. It completed its business combination with NET Power, LLC on Jun 8, 2023; the combined company is NET Power Inc. (NPWR). Citigroup led the IPO, with Barclays and AmeriVet. Kirkland & Ellis advised the SPAC and Vinson & Elkins advised the underwriters on the IPO.
NET Power is a clean energy technology company that invents, develops and intends to license technology for reliable, on-demand natural gas power. It says life cycle emissions are about 90% below today's combined cycle natural gas systems.
- Status
- Merger completed
- IPO date
- Jun 17, 2021
- IPO exchange
- New York Stock Exchange
- Target
- NET Power, LLC
- Announced
- Dec 14, 2022
- Closed
- Jun 8, 2023
- Combined company
- NET Power Inc. (NPWR)
- IPO underwriters
- Citigroup, Barclays, AmeriVet and Academy Securities
- SPAC counsel (IPO)
- Kirkland & Ellis and Maples and Calder
- Underwriters' counsel (IPO)
- Vinson & Elkins
More on this SPAC for subscribers
- Trust balance and value per share
- Redemptions at each extension and at the merger vote
- Liquidation deadline and extension history
- PIPE and other committed financing
- Merger proxy, registration statement and investor presentation
- Analyst notes from the filings
Every record in the database also has its full filing timeline, a daily-updated calendar, watchlist alerts and Excel export.
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Filings
- IPO prospectus (424B4) Jun 17, 2021
- Deal announcement (8-K) Dec 14, 2022
- Press release
- All filings on EDGAR CIK 1845437
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