- Rice Acquisition Corporation 3 (KRSP) **completed its Initial Public Offering (IPO)** on **October 2, 2025**, issuing **34,500,000 units** at **$10.00 per unit**, and concurrently sold **10,650,000 private placement warrants** for **$1.00 each**.  **[2074872_0001213900-25-097454_ea0260492-8k_riceacq3.htm:1]** **[2074872_0001213900-25-097454_ea026049201ex99-1_riceacq3.htm:2]** 
- As of **October 2, 2025**, **$345,000,000** from the net proceeds of these offerings was deposited into a segregated trust account.  **[2074872_0001213900-25-097454_ea0260492-8k_riceacq3.htm:1]** **[2074872_0001213900-25-097454_ea026049201ex99-1_riceacq3.htm:1]** **[2074872_0001213900-25-097454_ea026049201ex99-1_riceacq3.htm:3]** 
- The consolidated balance sheet as of **October 2, 2025**, reported **total assets of $348,707,922**, with **$345,000,000** held in the Trust Account, and a **total shareholders’ deficit of $(12,761,508)**.  **[2074872_0001213900-25-097454_ea026049201ex99-1_riceacq3.htm:1]** 
- Rice Acquisition Corporation 3 is a **blank check company** formed for a business combination and had **not commenced any operations** as of **October 2, 2025**.  **[2074872_0001213900-25-097454_ea026049201ex99-1_riceacq3.htm:1]**

Rice Acquisition Corp 3 Completes IPO and Private Placement

- On **October 2, 2025**, Rice Acquisition Corporation 3 completed its initial public offering (IPO), selling **34,500,000 Units**, which included the full exercise of the over-allotment option, and received total gross proceeds of **$345,000,000**.  **[2074872_0001213900-25-096612_ea0260137-8k_riceacq3.htm:2]** 
- Concurrently, **$345,000,000** of the net proceeds, including **$13,368,750** in maximum deferred underwriting discounts and commissions, was deposited into a Trust Account.  **[2074872_0001213900-25-096612_ea0260137-8k_riceacq3.htm:2]** 
- The company's sponsor, Rice Acquisition Sponsor 3 LLC, purchased **9,750,000 Private Placement Warrants** at **$1.00 per warrant**, for an aggregate of **$9,750,000**.  **[2074872_0001213900-25-096612_ea026013701ex10-1_riceacq3.htm:0]** **[2074872_0001213900-25-096612_ea026013701ex4-2_riceacq3.htm:0]** **[2074872_0001213900-25-096612_ea026013701ex10-1_riceacq3.htm:0]**  Both these Private Placement Warrants and the Public Warrants issued in the IPO have an exercise price of **$11.50 per share**.  **[2074872_0001213900-25-096612_ea026013701ex10-1_riceacq3.htm:0]** **[2074872_0001213900-25-096612_ea026013701ex10-2_riceacq3.htm:0]** **[2074872_0001213900-25-096612_ea026013701ex4-2_riceacq3.htm:0]** 
- Funds in the Trust Account will remain segregated and will not be released until the earliest of the completion of the Company's initial business combination, certain redemption events, or the redemption of outstanding Public Shares if a business combination is not consummated within **24 months** (or **27 months** with an extension option) from the IPO closing.  **[2074872_0001213900-25-096612_ea0260137-8k_riceacq3.htm:2]**

Rice Acquisition Corp 3 (KRSP)