The latest financial statement is for the quarter ending 2026-03-31.
| Cash Flow | 2026-03-31 | 2025-12-31 |
|---|---|---|
| Net income | 2,754,571 | 2,853,706 |
| Formation costs applied to prepaid expenses contributed by the sponsor | - | 16,384 |
| Payment of operating costs through promissory note | - | 90,770 |
| Interest earned on cash held in trust account | 3,111,232 | 3,401,782 |
| Prepaid expenses | 87,697 | 26,225 |
| Due to related party | - | -20,827 |
| Short-term prepaid insurance | -2,240 | 161,960 |
| Long-term prepaid insurance | -41,610 | 121,470 |
| Accounts payable and accrued expenses | 49,845 | 90,122 |
| Deferred legal fee | 165,595 | 213,777 |
| Net cash used in operating activities | -185,068 | -467,505 |
| Investment of cash into trust account | - | 345,000,000 |
| Net cash used in investing activities | - | -345,000,000 |
| Proceeds from sale of units, net of underwriting discounts paid | - | 338,100,000 |
| Proceeds from sale of private placements warrants | - | 10,650,000 |
| Repayment of note | - | 257,036 |
| Payment of offering costs | 93,500 | 440,317 |
| Net cash provided by financing activities | -93,500 | 348,052,647 |
| Net change in cash | -278,568 | 2,585,142 |
| Cash beginning of period | 2,585,142 | - |
| Cash end of period | 2,306,574 | 2,585,142 |
Rice Acquisition Corp 3 (KRSP-WT)
Rice Acquisition Corp 3 (KRSP-WT)