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

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

Rainier Acquisition Price Performance

RNAQU stock opened at $10.18 on Thursday. Rainier Acquisition Corp has a twelve month low of $10.02 and a twelve month high of $10.27.

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.