Rice Acquisition Corp. II (NYSE:RONI – Get Free Report) shares dropped 1.3% on Friday . The stock traded as low as $2.19 and last traded at $2.28. Approximately 1,584,195 shares traded hands during trading, an increase of 545% from the average daily volume of 245,594 shares. The stock had previously closed at $2.31.
Rice Acquisition Corp. II Stock Down 1.3%
The company has a fifty day moving average price of $2.86 and a 200-day moving average price of $2.84.
Rice Acquisition Corp. II Company Profile
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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