Rice Acquisition Corp. II

The expiry of the Entropy letter of intent removes the only carbon-capture licensing arrangement the company had described, and the filing states plainly that no definitive agreement exists. The financial statements are not covered by this summary.

199,845,063 registered shares is the ceiling on issuance and by far the largest number a RONI holder is being asked to approve. Two domestications occur on the closing date rather than one: the vehicle becomes a Delaware corporation and its operating subsidiary becomes a Delaware limited liability company, the Up-C plumbing that leaves NET Power's equity holders in the operating company. Class A and Class B ordinary shares convert into Class A and Class B common stock respectively, so the two classes survive the move rather than collapsing into one.

199,845,063 shares is the ceiling on issuance and the measure of what a non-redeeming RONI shareholder is diluted by, with warrants over a further 19,525,000 shares on top of it. Four amendments in, the meeting still carries no date, so no redemption deadline can be computed from this version. The Domestication and the Business Combination are both put to the same extraordinary general meeting, so a holder approving the deal is also approving the move from Cayman Islands law to Delaware law.

The registered amounts are settled at this version — 199,845,063 shares plus warrants over a further 19,525,000 — so a RONI shareholder can size the dilution even though the meeting has no date. What stays open is the timetable: three amendments in, neither the day nor the hour of the extraordinary general meeting is fixed, so no redemption deadline can be computed from the document. The Domestication and the Business Combination are put to the same meeting, so approving one means approving the change of governing law.

198,350,578 shares is the ceiling on issuance and therefore the measure of dilution for a RONI shareholder who does not redeem, with warrants over a further 19,525,000 shares on top of it. Shareholders are asked to approve the Domestication and the Business Combination as separate items at the same meeting, so the move from the Cayman Islands to Delaware is a distinct vote rather than a consequence of approving the deal. No meeting date is fixed at this version, so no redemption deadline can be read from it.

Two entities change jurisdiction, not one: the SPAC and its operating subsidiary both domesticate in Delaware, which keeps the Up-C structure intact through the transaction. RONI's Class A ordinary shares become Class A common stock and its Class B ordinary shares become Class B common stock, so the two-class structure survives rather than collapsing into a single class. The extraordinary general meeting is to be held at 609 Main Street, Houston, Texas on a date and at a time both left blank, so no redemption deadline can be read from this version.

What changed: Q2 2026 10-Q of NET Power Inc. (NYSE: NPWR). The 'Certain Defined Terms' section states that the November 7, 2025 letter of intent with Entropy Inc. — non-binding except for customary provisions, contemplating joint development and exclusive US power-generation deployment of Entropy's post-combustion carbon capture technology — has expired by its terms and has not been replaced, that the company has not entered into a definitive agreement for the license of PCC technology, and that either party may discontinue negotiations at any time. Why it matters: The expiry of the Entropy letter of intent removes the only carbon-capture licensing arrangement the company had described, and the filing states plainly that no definitive agreement exists. The financial statements are not covered by this summary.

What changed: Net Power Inc. (NYSE: NPWR) reported under Item 2.02 that on August 13, 2026 it issued a press release setting out its financial results for the quarter ended June 30, 2026, furnished as Exhibit 99.1. The results themselves are not contained in this document, and the filing states the information is furnished and not deemed filed for purposes of Section 18. Why it matters: The 8-K records only that results were released; the figures are in the furnished exhibit and carry no Section 18 liability.