Articles from Rainier Acquisition Corporation

The Class A ordinary shares will trade under the symbol “RNAQ” and the warrants under the symbol “RNAQW” on The Nasdaq Capital Market, while units that are not separated will continue to trade under the symbol “RNAQU.”

NEW YORK, NY, Sept. 02, 2026 (GLOBE NEWSWIRE) -- Rainier Acquisition Corporation (the "Company") announced today that the underwriter of its previously announced initial public offering has exercised in full its over-allotment option to purchase an additional 1,125,000 units at a price of $10.00 per unit. The closing of the over-allotment option on September 2, 2026 brought total units sold in the initial public offering to 8,625,000 units and aggregate gross proceeds to $86,250,000, before underwriting discounts and offering expenses. Following the closing of the over-allotment option, an aggregate of $86,250,000 ($10.00 per unit sold in the initial public offering) is held in the Company’s trust account.

NEW YORK, Aug. 28, 2026 (GLOBE NEWSWIRE) -- Rainier Acquisition Corporation (the "Company") announced today the closing of its initial public offering of 7,500,000 units consisting of one Class A ordinary share and one-quarter of one redeemable warrant at a price of $10.00 per unit. The offering generated gross proceeds to the Company of $75,000,000, before underwriting discounts and offering expenses. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share. The units began trading on the Nasdaq Capital Market on August 27, 2026 under the ticker symbol “RNAQU.” Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on The Nasdaq Capital Market under the symbols "RNAQ" and "RNAQW," respectively.