Rice Acquisition Corp. II Announces Full Exercise of Over-Allotment Option and Closing of $ 345,000,000 Initial Public Offering | National company

CARNEGIE, Pa .– (BUSINESS WIRE) – June 18, 2021–

Rice Acquisition Corp. II (the “Company”) today announced the closing of its initial public offering (“IPO”) of 34,500,000 units, of which 4,500,000 units have been sold pursuant to the full exercise of the option. over-allotment of the Underwriters, at a price of $ 10.00 per Unit. The total gross proceeds of the offering was $ 345,000,000, before the deduction of subscription discounts, commissions and other offering costs. The units began trading on the New York Stock Exchange (the “NYSE”) under the symbol “RONI U” on June 16, 2021. Each unit consists of one Class A common share and one quarter of a redeemable warrant, each whole warrant entitling its holder to purchase one Class A common share at an exercise price of $ 11.50 per share. Once the securities comprising the Units begin to trade separately, the Class A Common Shares and Warrants are expected to be listed on the New York Stock Exchange under the symbols “RONI” and “RONI WS”, respectively.

Citigroup and Barclays acted as co-book managers for the offer. AmeriVet Securities and Academy Securities acted as co-managers of the offer.

The offer was made only by means of a prospectus. Copies of the prospectus relating to the offering may be obtained from Citigroup, c / o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, telephone: 1-800-831-9146; and Barclays, c / o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, email: [email protected], phone: 1-888-603-5847

A registration statement relating to these securities has been filed with and declared effective by the United States Securities and Exchange Commission (the “SEC”) on June 15, 2021. This press release does not constitute an offer sale or the solicitation of an offer. buy, and there will be no sale of such securities in any state or jurisdiction in which such an offer, solicitation or sale would be illegal before registration or qualification under the securities laws of such state or jurisdiction.

About Rice Acquisition Corp. II

Rice Acquisition Corp. II is a newly incorporated blank check company exempted from the Cayman Islands and incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or a similar business combination with one or more businesses. or entities. The Company’s efforts to identify a potential target company will not be limited to a particular industry, although it intends to focus its search for a target company in the area of ​​energy transition or sustainability at the same time. wider.

Forward-looking statements

This press release contains statements that constitute “forward-looking statements”, including with respect to the listing on the New York Stock Exchange of the shares and warrants underlying the units. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set out in the “Risk Factors” section of the Company’s registration statement and prospectus for the Company’s offering. filed with the SEC. Copies are available on the SEC website, www.sec.gov. The Company does not undertake to update these statements for revisions or changes after the date of this posting, except as required by law.

View source version on businesswire.com:https://www.businesswire.com/news/home/20210618005523/en/

CONTACT: J. Kyle Derham

Email: [email protected]



SOURCE: Rice Acquisition Corp. II

Copyright Business Wire 2021.

PUB: 06/18/2021 14:41 / DISC: 06/18/2021 14:41


Copyright Business Wire 2021.

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