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