Rice Acquisition Corp. II (NYSE:RONI) Trading Down 0.6% – Here’s What Happened

Rice Acquisition Corp. II (NYSE:RONI)’s share price was down 0.6% during trading on Thursday . The company traded as low as $1.5350 and last traded at $1.55. Approximately 768,944 shares were traded during trading, an increase of 213% from the average daily volume of 245,594 shares. The stock had previously closed at $1.56.

Rice Acquisition Corp. II Stock Down 0.6%

The company’s fifty day moving average is $1.98 and its two-hundred day moving average is $2.63.

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.