Jonas Grossman Acquires 5,625 Shares of Rainier Acquisition (NASDAQ:RNAQU) Stock

Rainier Acquisition Corp (NASDAQ:RNAQU) Director Jonas Grossman acquired 5,625 shares of the stock in a transaction on Wednesday, September 2nd. The stock was bought at an average price of $10.00 per share, with a total value of $56,250.00. Following the transaction, the director directly owned 200,000 shares of the company’s stock, valued at approximately $2,000,000. The trade was a 2.89% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Rainier Acquisition Price Performance

NASDAQ:RNAQU opened at $10.20 on Friday. Rainier Acquisition Corp has a fifty-two week low of $10.02 and a fifty-two week high of $10.38.

About Rainier Acquisition

We are a blank check company incorporated on February 2, 2023 as a Cayman Islands exempted company. We are incorporated for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We seek to partner with companies that can benefit from our scientific, investing, operating, capital markets, governance, and public-company leadership experience, and we seek to support long-term value creation through our experience, relationships, and access to capital.