Annual report pursuant to Section 13 and 15(d)

Consolidated Statement of Operations

v3.21.4
Consolidated Statement of Operations
4 Months Ended
Dec. 31, 2020
USD ($)
$ / shares
shares
General and administrative expenses $ 291,301
Franchise tax expense 65,481
Total operating expenses (356,782)
Loss on initial issuance of warrants (1,654,000)
Transaction costs allocated to warrant liabilities (787,138)
Interest Income 32,171
Change in fair value of warrant liabilities (19,728,480)
Net loss (22,494,229)
Net loss attributable to non-controlling interest in subsidiary (865,160)
Net loss attributable to Rice Acquisition Corp. $ (21,629,069)
Redeemable Class A Common Stock  
Weighted average shares outstanding (in Shares) | shares 13,139,483
Basic and diluted net income per share (in Dollars per share) | $ / shares $ (1.20)
Nonredeemable Class A and Class B Common Stock  
Weighted average shares outstanding (in Shares) | shares 5,683,106 [1]
Basic and diluted net income per share (in Dollars per share) | $ / shares $ (1.20)
[1] This number excludes an aggregate of up to 250,000 shares of Class B common stock subject to forfeiture if the over-allotment option is not exercised in full or in part by the underwriters. On December 5, 2020, the remaining unexercised over-allotment expired unused and therefore the remaining 250,000 shares of Class B common stock were forfeited (see Note 5).