RICE Pops On Deal Announcement, Is SPAC Bottom In? $RICE | SPACs Attack

Benzinga
•April 9th, 2021
DESCRIPTION
In this clip, Chris Katje covers the ticker $RICE (Rice Acquisition), a special purpose acquisition company focused on the energy transition sector. Rice announced an agreement to take Aria Energy public, a company that will create the industry-leading renewable natural gas platform. The combined company is a profitable and established enterprise, with a projected EBITDA of $65 million in 2021, which is expected to rise to $327 million in 2024.
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