In September 2025, the Company (as defined below) effected a share capitalization of 2,012,500 Class B ordinary shares. As a result, the initial shareholders, which include the Sponsor (as defined below), currently own 11,500,100 Class B ordinary shares of the Company. All share and per-share amounts have been retroactively restated (see Note 4).

[2]

This number includes up to 1,500,000 Class B ordinary shares subject to forfeiture if the over-allotment option is not exercised in full or in part by the underwriters. On October 1, 2025, the underwriters exercised their over-allotment option in full, and the shares issued pursuant to the over-allotment option settled concurrently with the closing of the Initial Public Offering (as defined below) on October 2, 2025. As such, the 1,500,000 Class B ordinary shares and 1,500,000 Class B units of Opco (as defined below) are no longer subject to forfeiture (see Note 4).

- Definition

Represents the amount of accrued offering costs, current portion.

+ References

No definition available.

Rice Acquisition Corp 3 10-Q