Reported Earlier, Rainier Acquisition Corporation Priced $75M Initial Public Offering Of 7.5M Units At $10.00 Per Unit, Each With One-Quarter Warrant Exercisable At $11.50

Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share. No fractional warrants will be issued upon separation of the units, and only whole warrants will trade.