Rice Acquisition Corp. II (NYSE:RONI – Get Free Report) shares shot up 4.4% on Friday . The stock traded as high as $1.97 and last traded at $1.89. Approximately 947,982 shares traded hands during trading, an increase of 286% from the average daily volume of 245,594 shares. The stock had previously closed at $1.81.
Rice Acquisition Corp. II Price Performance
The business’s 50-day moving average price is $1.62 and its 200 day moving average price is $1.77.
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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