Rice Acquisition Corp. II (NYSE:RONI – Get Free Report) shares rose 3.5% on Friday . The company traded as high as $1.78 and last traded at $1.77. Approximately 820,025 shares were traded during trading, an increase of 234% from the average session volume of 245,594 shares. The stock had previously closed at $1.71.
Rice Acquisition Corp. II Trading Down 7.3%
The company’s 50-day simple moving average is $1.86 and its 200-day simple moving average is $2.04.
About Rice Acquisition Corp. II
Rice Acquisition Corp. II is a special purpose acquisition company (SPAC) incorporated in Delaware and listed on the New York Stock Exchange under the ticker RONI. As a blank‐check vehicle, the company has no commercial operations of its own at present and was formed to raise capital through its initial public offering with the goal of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or other business combination.
The firm is sponsored by Rice Acquisition Partners II, a private investment group focused on identifying and structuring middle‐market transactions.
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