Rice Acquisition Corporation 3
KRSP-UN
New York Stock Exchange10.60
USD
-0.03
- -
CIK
0002074872
ISIN
KYG7553X1227
Return %
Stock
S&P500
1Y
2.91
26.53
3Y
2.91
76.60
5Y
2.91
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- J. Kyle Derham
- Full Time Employees
- 3
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 102 East Main Street, Second Story Carnegie PA United States of America 15106
- IPO Date
- Oct 1, 2025
- CIK
- 0002074872
- Website
- ricespac.com
- Similar Companies
- Business
- Rice Acquisition Corporation 3 (ticker: KRSP-UN) is a special purpose acquisition company (SPAC) focused on the energy sector, targeting businesses within the upstream oil and gas, power generation, energy infrastructure, and critical metals and minerals subsectors. The company operates primarily in the United States and is co-sponsored by Rice Investment Group and Mercuria Energy Group. Founded in 2025 and headquartered in Carnegie, Pennsylvania, Rice Acquisition Corporation 3 aims to acquire one or more businesses or assets through mergers, capital stock exchanges, asset acquisitions, stock purchases, or reorganizations. The firm is structured as a blank check company with the objective of sourcing and acquiring companies that align with its strategic focus on the energy value chain. It provides investors access to emerging opportunities in energy exploration and production, power generation technologies, infrastructure development, and critical commodity markets supporting energy transition and industrial needs. Rice Acquisition Corporation 3 benefits from a unique $100 million forward purchase agreement funded by its sponsors to support its acquisition strategy. Recent major developments include the pricing and closing of a $300 million initial public offering in October 2025, offering 34.5 million units at $10 each, facilitating its capital raise to pursue acquisition targets. The company recently announced the separate trading of its Class A ordinary shares and warrants commencing November 21, 2025, aimed at enhancing market liquidity and investor flexibility. Leadership changes and board appointments have been made to strengthen its governance, with executives bringing deep expertise in energy investments and prior experience across associated Rice Acquisition SPACs. Rice Acquisition Corporation 3 builds on the track record of its predecessors, Rice Acquisition Corp I and II, which executed successful business combinations to acquire renewable natural gas producers and clean energy technology firms. The company seeks to leverage its sponsors’ extensive industry experience and partnerships to identify and rapidly grow target businesses serving increasing energy demand driven by industrial growth and advanced computing needs, including AI. In summary, Rice Acquisition Corporation 3 is a newly formed energy-focused SPAC providing investment capital and strategic oversight to acquire, manage, and grow companies in core energy subsectors across the U.S., backed by significant sponsor commitments and recent capital market activities to support its acquisition agenda. It serves as a strategic vehicle for investors seeking exposure to upstream energy, energy infrastructure, and critical materials essential for future energy demands within a formal corporate structure headquartered in Pennsylvania. This description covers the company's core activities, product focus, recent financial and structural developments, leadership, and strategic positioning as of late 2025.