0001213900-23-048296.txt : 20230612 0001213900-23-048296.hdr.sgml : 20230612 20230612194136 ACCESSION NUMBER: 0001213900-23-048296 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230608 FILED AS OF DATE: 20230612 DATE AS OF CHANGE: 20230612 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: ALLEN BRIAN F. CENTRAL INDEX KEY: 0001975816 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40503 FILM NUMBER: 231009884 MAIL ADDRESS: STREET 1: C/O NET POWER, LLC STREET 2: 404 HUNT STREET, STE 410 CITY: DURHAM STATE: NC ZIP: 27701 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: (346) 708-8272 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 2023-06-08 0 0001845437 NET Power Inc. NPWR 0001975816 ALLEN BRIAN F. C/O NET POWER INC. 404 HUNT STREET, SUITE 410 DURHAM NC 27701 0 1 0 0 President and COO 0 Class B Common Stock 2023-06-08 4 A 0 568090 A 568090 D Class A Units of NET Power Operations LLC 2023-06-08 4 A 0 568090 A Class A common stock 568090 568090 D On June 8, 2023, as a result of the consummation of the transactions (the "Business Combination") contemplated by that certain Business Combination Agreement, dated December 13, 2022 and subsequently amended on April 23, 2023, by and among the issuer, NET Power Operations LLC (f/k/a Rice Acquisition Holdings II LLC) ("Opco"), Topo Buyer Co, LLC, Topo Merger Sub, LLC and NET Power, LLC ("Old NET Power"), in exchange for the equity interests of Old NET Power, which were cancelled, Mr. Allen received Class A units of Opco (the "Opco Units") and a corresponding number of shares of the issuer's Class B common stock (which together are exchangeable into shares of the issuer's Class A Common Stock on a one-for-one basis). The Opco Units (together with the corresponding shares of the issuer's Class B common stock) are exchangeable into cash or shares of the issuer's Class A common stock, at the issuer's election, on a one-for-one basis and have no expiration date. /s/ Abbey MacDonald, Attorney-in-Fact 2023-06-12