Rice Acquisition Corp. II Announces Pricing of Upsized $300,000,000 Initial Public Offering

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CARNEGIE, Pa. — Rice Acquisition Corp. II (the “Firm”) introduced at present the pricing of its preliminary public providing (“IPO”) of 30,000,000 items at a worth of $10.00 per unit. The providing was upsized from a base providing of 25,000,000 items. The items might be listed on the New York Inventory Trade (the “NYSE”) and commerce underneath the ticker image “RONI U” starting on June 16, 2021. Every unit consists of 1 Class A odd share and one-fourth of 1 redeemable warrant, with every entire warrant entitling the holder thereof to buy one Class A odd share at an train worth of $11.50 per share. As soon as the securities comprising the items start separate buying and selling, the Class A odd shares and warrants are anticipated to be listed on the NYSE underneath the symbols “RONI” and “RONI WS,” respectively.

Citigroup and Barclays are performing as joint book-running managers for the providing. AmeriVet Securities and Academy Securities are performing as co-managers for the proposed providing. The Firm has granted the underwriters a 45-day choice to buy as much as a further 4,500,000 items on the IPO worth.

The general public providing will solely be made by way of a prospectus. Copies of the preliminary prospectus regarding the providing and closing prospectus, when out there, could also be obtained from Citigroup, c/o Broadridge Monetary Options, 1155 Lengthy Island Avenue, Edgewood, NY 11717, phone: 1-800-831-9146; and Barclays, c/o Broadridge Monetary Options, 1155 Lengthy Island Avenue, Edgewood, NY 11717, e-mail: barclaysprospectus@broadridge.com, phone: 1-888-603-5847

A registration assertion relating to those securities has been declared efficient by the U.S. Securities and Trade Fee (the “SEC”) on June 15, 2021. This press launch shall not represent a suggestion to promote or the solicitation of a suggestion to purchase, nor shall there be any sale of those securities in any state or jurisdiction by which such supply, solicitation or sale can be illegal previous to registration or qualification underneath the securities legal guidelines of any such state or jurisdiction.

The preliminary public providing is anticipated to shut on June 18, 2021, topic to customary closing situations.

About Rice Acquisition Corp. II

Rice Acquisition Corp. II is a newly organized clean test firm included as a Cayman Islands exempted firm and shaped for the aim of effecting a merger, share alternate, asset acquisition, share buy, recapitalization, reorganization or comparable enterprise mixture with a number of companies or entities. The Firm’s efforts to establish a potential goal enterprise is not going to be restricted to a specific trade, though it intends to focus its seek for a goal enterprise within the broadly outlined power transition or sustainability area.

Ahead Trying Statements

This press launch accommodates statements that represent “forward-looking statements,” together with with respect to the anticipated closing of the providing. No assurance could be provided that the providing mentioned above might be accomplished on the phrases described, or in any respect. Ahead-looking statements are topic to quite a few situations, lots of that are past the management of the Firm, together with these set forth within the “Threat Elements” part of the Firm’s registration assertion and preliminary prospectus for the Firm’s providing filed with the SEC. Copies can be found on the SEC’s web site, www.sec.gov. The Firm undertakes no obligation to replace these statements for revisions or modifications after the date of this launch, besides as required by regulation.