0001213900-23-053627.txt : 20230630
0001213900-23-053627.hdr.sgml : 20230630
20230630172212
ACCESSION NUMBER: 0001213900-23-053627
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230630
FILED AS OF DATE: 20230630
DATE AS OF CHANGE: 20230630
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Rice Acquisition Sponsor II LLC
CENTRAL INDEX KEY: 0001845421
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40503
FILM NUMBER: 231062794
BUSINESS ADDRESS:
STREET 1: 102 EAST MAIN STREET, SECOND STORY
CITY: CARNEGIE
STATE: PA
ZIP: 15106
BUSINESS PHONE: 704-564-1848
MAIL ADDRESS:
STREET 1: 102 EAST MAIN STREET, SECOND STORY
CITY: CARNEGIE
STATE: PA
ZIP: 15106
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: NET Power Inc.
CENTRAL INDEX KEY: 0001845437
STANDARD INDUSTRIAL CLASSIFICATION: ELECTRICAL INDUSTRIAL APPARATUS [3620]
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 404 HUNT STREET, SUITE 410
CITY: DURHAM
STATE: NC
ZIP: 27701
BUSINESS PHONE: (919) 287-4750
MAIL ADDRESS:
STREET 1: 404 HUNT STREET, SUITE 410
CITY: DURHAM
STATE: NC
ZIP: 27701
FORMER COMPANY:
FORMER CONFORMED NAME: Rice Acquisition Corp. II
DATE OF NAME CHANGE: 20210210
4
1
ownership.xml
X0407
4
2023-06-30
1
0001845437
NET Power Inc.
NPWR
0001845421
Rice Acquisition Sponsor II LLC
102 EAST MAIN STREET, SECOND STORY
CARNEGIE
PA
15106
0
0
0
1
Former Director and 10% owner
0
Class A Common Stock
2023-06-30
4
J
0
2500
0.00
D
0
D
Class B Common Stock
2023-06-30
4
J
0
7535000
0.00
D
0
D
Class A Units of NET Power Operations LLC
2023-06-30
4
J
0
100
0.00
D
Class A Common Stock
100
0
D
Class B Units of NET Power Operations LLC
2023-06-30
4
J
0
7534900
0.00
D
Class A Common Stock
7534900
0
D
Warrants
11.5
2023-06-30
4
J
0
10900000
0.00
D
2023-07-08
2028-06-08
Class A Common Stock
10900000
0
D
Represents the pro rata distribution of the securities of the issuer held by the reporting person to all of its members. Prior to such distribution, and as of the date hereof, no such securities have been disposed of for cash by either the reporting person or its members.
The Class A Units of NET Power Operations LLC ("Opco") (together with the corresponding shares of the issuer's Class B common stock) are exchangeable into shares of the issuer's Class A common stock or cash, at the issuer's election, on a one-for-one basis and have no expiration date.
The Class B Units of Opco are convertible into Class A Units of Opco on a one-for-one basis pursuant to the terms of the limited liability agreement of Opco. The Class A Units of Opco (together with the corresponding shares of the issuer's Class B common stock) are then exchangeable into shares of the issuer's Class A common stock or cash, at the issuer's election, on a one-for-one basis and have no expiration date.
/s/ James Wilmot Rogers as Attorney-in-Fact
2023-06-30