For Q1 FY2026 ended March 31, 2026, Rice Acquisition Corp 3 reported net income of $2,648,626, an operating loss of $356,661, cash of $2,306,574, and negative equity of $13,776,216. No revenue or diluted EPS were reported.
•Net income of $2,648,626 for Q1 FY2026.
•Operating loss of $356,661.
•Cash balance of $2,306,574.
•Negative equity of $13,776,216.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Rice Acquisition Corporation 3 does not have significant operations. The company focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. It intends to acquire companies in the energy sector. Rice Acquisition Corporation 3 was incorporated in 2025 and is based in Carnegie, Pennsylvania.
What does Rice Acquisition Corporation 3 (KRSP) do?
Rice Acquisition Corporation 3 is a shell company that currently does not have significant operations. Its primary business purpose is to identify and complete a merger, amalgamation, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. The company specifically intends to acquire companies in the energy sector. As a special purpose acquisition company (SPAC), it was formed to raise capital through an initial public offering and then use those funds to merge with a private company, thereby taking it public. Until such a transaction is completed, Rice Acquisition Corporation 3 holds no operating assets and generates no revenue from business activities.
Where is Rice Acquisition Corporation 3 (KRSP) listed and in which currency?
Rice Acquisition Corporation 3 is listed on the New York Stock Exchange (NYSE) under the ticker symbol KRSP. The company's financials are reported in US Dollars (USD), which is the official currency of the United States. As a US-based entity trading on a major American exchange, all transactions and valuations are denominated in USD. Investors trading shares of KRSP on the NYSE will use US dollars for purchases and sales.
What sector and industry does Rice Acquisition Corporation 3 (KRSP) operate in?
Rice Acquisition Corporation 3 operates in the Financial Services sector, specifically within the Shell Companies industry. Shell companies are entities that have no active business operations or significant assets, existing primarily as a vehicle for raising funds and later merging with an operating company. In this case, the company is structured as a blank check company or SPAC, which is a type of shell company that raises capital through an IPO to acquire a private company. The industry classification reflects that KRSP is not an operating business but a financial vehicle designed to facilitate a future business combination.
Where is Rice Acquisition Corporation 3 (KRSP) headquartered?
Rice Acquisition Corporation 3 is headquartered in Carnegie, Pennsylvania, United States. The company was incorporated in 2025 and is based in this small borough near Pittsburgh. As a newly formed SPAC, its headquarters serves as the principal executive office where management oversees the search for a target company to acquire. The location in Pennsylvania places it within the broader US energy sector ecosystem, aligning with its stated intention to acquire companies in the energy industry.