Rice Sponsor 3 discloses 39.0% beneficial stake in Class A
Rhea-AI Filing Summary
Rice Acquisition Corporation 3 received a Schedule 13G from Rice Acquisition Sponsor 3 LLC, Daniel J. Rice IV, and J. Kyle Derham disclosing beneficial ownership of 22,062,600 Class A ordinary shares, representing 39.0% of the class.
The reported stake comprises 2,500 Class A shares, 100 Class A shares issuable upon conversion of Opco Class A units (with a corresponding forfeiture of Class B shares), 11,410,000 Class A shares issuable upon conversion of Opco Class B units (and an equivalent number of Class B shares), and 10,650,000 warrants to acquire Class A shares at $11.50 per share, exercisable 30 days after completion of the initial business combination. Voting and dispositive power are shared for all 22,062,600 shares, with no sole power reported.
The percentage is based on 34,502,500 Class A shares outstanding as of November 3, 2025, as increased by 22,060,100 additional shares issuable from the holders’ units and warrants. The date of event is September 30, 2025.
Positive
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Negative
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Insights
Large insider-affiliated stake disclosed; administrative update.
Rice Acquisition Sponsor 3 LLC, together with Daniel J. Rice IV and J. Kyle Derham, reported beneficial ownership of 22,062,600 Class A shares (including issuable shares and warrants). The filing lists shared voting and dispositive power over the full amount and zero sole power.
The calculation uses 34,502,500 Class A shares outstanding as of Nov 3, 2025, plus 22,060,100 shares issuable from units and warrants, yielding a 39.0% stake. Components include 10,650,000 warrants at an exercise price of $11.50 per share, exercisable 30 days after the business combination.
This is a disclosure of ownership rather than a transaction. Actual market impact depends on future conversions or warrant exercises; timing beyond the stated exercisability is not detailed in the excerpt.