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Filing Details

Accession Number:: 0001104659-21-124932
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-10-12 06:19:57
Reporting Period:: 2021-10-07

Accepted Time:: 2021-10-12 06:19:57
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1854461	Mount Rainier Acquisition Corp.	RNER	Blank Checks (6770)	000000000

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1870777	Dc Rainier Spv Llc	256 W. 38Th Street, 15Th Floor New York NY 10018		No	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2021-10-07	50,000	$0.00	2,951,919	No	4	J	Direct
Common Stock	Acquisiton	2021-10-07	583,200	$0.00	3,535,119	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	J	Direct
No	4	P	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Warrants to purchase Common Stock	Acquisiton	2021-10-07	583,200	$0.00	437,400	$11.50

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
583,200			No	4	P	Direct

Footnotes

Dominion Capital LLC is the manager of DC Rainier SPV LLC, the sponsor (the "Sponsor") of Mount Rainier Acquisition Corp. (the "Company"). Dominion Capital Holdings LLC is the manager of Dominion Capital LLC. Mikhail and Gennadiy Gurevich are managing members of Dominion Capital Holdings LLC and as such have voting and investment control over the investments held by DC Rainier SPV LLC.
Transfer pursuant to an agreement between A.G.P./Alliance Global Partners, the representative (the "Representative") in the Company's initial public offering (the "IPO") and the Sponsor, pursuant to which the Representative agreed to transfer 50,000 founder shares of common stock, par value $0.0001 ("Common Stock"), of the Company to the Sponsor upon the full exercise of the over-allotment option by the underwriters in the IPO. The over-allotment option was exercised in full, and the additional 50,000 shares of Common Stock were transferred, concurrently with the consummation of the IPO on October 7, 2021.
These securities are held as units ("Units"), with each Unit consisting of one share of Common Stock and one warrant. Each warrant entitles the holder thereof to purchase three-fourths (3/4) of a share of Common Stock at a price of $11.50 per whole share, subject to adjustment. The Units were purchased for a total price of $5,832,000, or $10.00 per Unit.
Each warrant becomes exercisable on the later of one year after the closing of the IPO or 30 days after the completion of an initial business combination.
The warrants expire five years after the completion of an initial business combination, or earlier upon redemption, as described in the Company's prospectus filed with the SEC.