Rainier Acquisition Corporation
Rainier Acquisition Corporation priced its initial public offering of 7,500,000 units at $10.00 per unit, for gross proceeds of $75,000,000, and is expected to list on The Nasdaq Capital Market.
Why it matters for sellers
IPO = compliance, infrastructure, and budget expansion
Signal details
- Financing type
- Ipo
- Counterparty
- Nasdaq
- Event date
- August 27, 2026
- Reported
- August 26, 2026
- Source
- globenewswire.com
From the coverage · globenewswire.com
NEW YORK, Aug. 00 per unit. The offering is expected to generate gross proceeds of $75,000,000 before underwriting discounts and offering expenses. 50 per share. No fractional warrants will be issued upon separation of the units, and only whole warrants will trade. The units are expected to be listed on The Nasdaq Capital Market and trade under the ticker symbol "RNAQU" beginning August 27, 2026. 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.
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