Young Cho - Oct 7, 2021 Form 4 Insider Report for Mount Rainier Acquisition Corp. (RNER)

Role
Chief Financial Officer, Director
Signature
By: /s/ Young Cho
Stock symbol
RNER
Transactions as of
Oct 7, 2021
Transactions value $
$0
Form type
4
Date filed
10/8/2021, 09:13 PM
Previous filing
Oct 4, 2021
Next filing
Jun 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RNER Common Stock Purchase +3K +2.97% 104K Oct 7, 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RNER Warrants to purchase Common Stock Purchase +3K 3K Oct 7, 2021 Common Stock 2.25K $11.50 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The securities reported herein are held as units ("Units"), with each Unit consisting of one share of common stock, par value $0.0001 ("Common Stock"), of Mount Rainier Acquisition Corp. (the "Company") 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 $30,000, or $10.00 per Unit.
F2 Each warrant becomes exercisable on the later of one year after the closing of the Company's initial public offering or 30 days after the completion of an initial business combination.
F3 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.