Key facts
- This page summarizes DC Rainier SPV LLC's Form 4 filing for Mount Rainier Acquisition Corp..
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 12 Oct 2021, 06:19.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
Other
Purchase
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
Purchase
Additional SEC filing notes
Footnote F1
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.
Footnote F2
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.
Footnote F3
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.
Footnote F4
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.
Footnote F5
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.