Rainier Acquisition units begin separating into Nasdaq-listed shares and warrants Sept. 14

Rainier Acquisition set unit holders to unbundle RNAQU into Class A ordinary shares, RNAQ, plus warrants, RNAQW, starting Sept. 14, 2026.

Separated Class A ordinary shares, RNAQ, plus warrants, RNAQW, start trading on Nasdaq on Sept. 15, 2026.

Each unit contains one Class A ordinary share plus one-quarter of a redeemable warrant; only whole warrants will trade.

Each whole warrant allows purchase of one Class A ordinary share at USD 11.5 per share, subject to adjustments.

The IPO totaled 8,625,000 units, raising USD 86.25 million; USD 86.25 million was placed in trust at USD 10 per unit.