NET Power Inc.

NET Power Inc. (Nasdaq: RONI) is a clean energy company that reached the public markets through a business combination with Rice Acquisition Corp. II, a blank-check vehicle sponsored by Rice Acquisition Holdings II LLC. The SPAC completed its initial public offering in 2021, targeting the power generation and carbon capture sector. The 10-Q filed on May 12, 2023 covers a quarter during which the de-SPAC transaction remained pending; the merger closed in June 2023, establishing NET Power as a fully public company commercializing its proprietary Allam-Fetvedt Cycle, a natural gas power generation process designed to inherently capture carbon dioxide. Sign up at SpacDesk to access full filing timelines, sponsor profiles, and deal analytics on RONI and the broader SPAC universe.