Rice Acquisition Corp. II restates financials; prior filings no longer reliable

NET Power Inc.

Audit Committee concludes previously issued Q2 and Q3 2021 financials should be restated.
Restatement reclassifies all public shares as temporary equity rather than permanent equity.
Cash position and trust account balance are unaffected by the restatement.
Company plans to file amended Q3 2021 10-Q and restate audited June 2021 balance sheet.
Previously reported EPS and equity classification were materially misstated.

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