Rainier Acquisition Corporation Announces Closing of $75,000,000 Initial Public Offering

NEW YORK, Aug. 28, 2026 (GLOBE NEWSWIRE) -- Rainier Acquisition Corporation (the "Company") announced today the closing of its initial public offering of 7,500,000 units consisting of one Class A ordinary share and one-quarter of one redeemable warrant at a price of $10.00 per unit. The offering generated gross proceeds to the Company of $75,000,000, before underwriting discounts and offering expenses. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a pri