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NET Power's proven technology generates near zero-emissions utility-scale power, delivering the world's first scalable solution that achieves the energy trifecta: clean, affordable, reliable energy Combined company expected to have enterprise value of approximately $1.5 billion, Class A common stock will commence trading on the New York Stock Exchange under ticker symbol "NPWR" on June 9, 2023 Transaction provides more than $675 million in gross proceeds, including $540 million in PIPE capital from financial and strategic investors, as well as more than $135 million of cash-in-trust Proceeds from the transaction will be used to fund corporate operations through planned commerciali
Gross proceeds raised of at least $670 million, including a minimum of approximately $130 million of cash-in-trust (representing approximately 40% of total cash-in-trust) Business combination expected to close on June 8, 2023, with NET Power expected to begin trading on the New York Stock Exchange under ticker symbol "NPWR" on June 9, 2023 Gross proceeds from the transaction will be used to fund corporate operations through planned commercialization in 2026 and accelerate deployments of NET Power's patented technology, including funding for SN1 NET Power, LLC ("NET Power"), an energy company whose proprietary technology delivers clean, affordable, reliable energy, and Rice Acquisi
NET Power adds another strategic investor in SK and increases total committed capital to $560 million for the proposed business combination with RONI NET Power-SK proposed Joint Venture expected to leverage SK's regional expertise to catalyze development of NET Power plants in Asia NET Power, LLC ("NET Power") and Rice Acquisition Corp. II (NYSE:RONI) ("RONI") today announced a $50 million PIPE commitment from SK Group ("SK") in connection with NET Power's and RONI's proposed business combination. The groups also announced their intent to establish a NET Power-SK Joint Venture to pursue the origination and development of utility-scale NET Power plants across Asia. The proposed NET
424B3 - NET Power Inc. (0001845437) (Filer)
EFFECT - NET Power Inc. (0001845437) (Filer)
424B3 - NET Power Inc. (0001845437) (Filer)
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SC 13G/A - NET Power Inc. (0001845437) (Subject)
SC 13G/A - NET Power Inc. (0001845437) (Subject)
4 - NET Power Inc. (0001845437) (Issuer)
4 - NET Power Inc. (0001845437) (Issuer)
4 - NET Power Inc. (0001845437) (Issuer)