NET Power Inc.

NET Power Inc. completed its business combination with Rice Acquisition Corp. II, traded under ticker RONI, as reported in an 8-K filed on June 14, 2023. The SPAC was sponsored by Rice Investment Group and conducted its initial public offering in 2021, targeting the energy transition and clean technology sector. NET Power develops carbon-capture power generation using the Allam-Fetvedt Cycle, a natural gas combustion process engineered to produce zero atmospheric emissions. The June 2023 filing marked the close of the transaction and the commencement of NET Power's life as a publicly traded company. Sign up at SpacDesk for full filing history, deal timelines, and sponsor analytics on RONI and hundreds of other SPACs.