Rainier Acquisition Corp (RNAQU) is reported to have 11.2% of its Class A ordinary shares beneficially owned by a group consisting of 683 Capital Partners, LP, 683 Capital Management, LLC, and Ari Zweiman.
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rainier Acquisition Corp (RNAQU) is reported to have 11.2% of its Class A ordinary shares beneficially owned by a group consisting of 683 Capital Partners, LP, 683 Capital Management, LLC, and Ari Zweiman. As of August 27, 2026, this group beneficially owned 862,500 Class A ordinary shares, based on 7,694,375 Class A ordinary shares outstanding. The securities relate to units composed of Class A ordinary shares with a $0.0001 par value and redeemable warrants, which initially trade together under CUSIP G73591110. The reporting parties act as a group, with 683 Capital Management serving as investment manager to 683 Capital Partners and Ari Zweiman serving as Managing Member of 683 Capital Management.
Key Figures
Shares beneficially owned:862,500 Class A ordinary sharesPercent of Class A ordinary shares:11.2%Shares outstanding:7,694,375 Class A ordinary shares+3 more
6 metrics
Shares beneficially owned862,500 Class A ordinary sharesBeneficially owned by 683 Capital Partners, LP as of August 27, 2026
Percent of Class A ordinary shares11.2%Percentage of Class A ordinary shares beneficially owned as of August 27, 2026
Shares outstanding7,694,375 Class A ordinary sharesClass A ordinary shares outstanding as of August 27, 2026
CUSIP for unitsG73591110CUSIP for units of Class A ordinary shares and redeemable warrants
Par value per Class A ordinary share$0.0001 per sharePar value of Rainier Acquisition Corp Class A ordinary shares
Ownership reporting dateAugust 27, 2026Date as of which beneficial ownership and shares outstanding are stated
Key Terms
beneficially owned, Redeemable Warrants, CUSIP, Class A Ordinary Shares, +1 more
5 terms
beneficially ownedfinancial
"As of August 27, 2026, 683 Capital Partners, LP beneficially owned 862,500 Class A"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Redeemable Warrantsfinancial
"Units (Class A Ordinary Shares, $0.0001 par vaue, and Redeemable Warrants)"
A redeemable warrant is a tradable right that lets its holder buy a company’s shares at a fixed price before a set date, but the issuer has the contract power to cancel (redeem) the warrant early under agreed terms. For investors this matters because early redemption can force decision-making, change the timing of when new shares might be created, and affect potential gains or dilution—much like a store coupon that the issuer can cancel by paying you off instead of letting you use it.
CUSIPfinancial
"The CUSIP number set forth herein is the CUSIP number for the issuer's units."
A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.
Class A Ordinary Sharesfinancial
"As of August 27, 2026, 683 Capital Partners, LP beneficially owned 862,500 Class A Ordinary Shares."
Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.
Rule 13d-1(k)(2)regulatory
"filed on behalf of each of the undersigned pursuant to and in accordance with the provisions of Rule 13d-1(k)(2)"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What percentage of Rainier Acquisition Corp (RNAQU) shares does the 683 Capital group report owning?
The 683 Capital-affiliated group reports beneficial ownership of 11.2% of Rainier Acquisition Corp’s Class A ordinary shares, based on 7,694,375 shares outstanding as of August 27, 2026.
How many Rainier Acquisition Corp (RNAQU) Class A shares are beneficially owned by the 683 Capital group?
As of August 27, 2026, the reporting group beneficially owned 862,500 Class A ordinary shares of Rainier Acquisition Corp, representing 11.2% of the class.
Who are the reporting persons in the Rainier Acquisition Corp (RNAQU) Schedule 13G?
The reporting persons are 683 Capital Partners, LP, 683 Capital Management, LLC, and Ari Zweiman. 683 Capital Management is the investment manager to 683 Capital Partners, and Ari Zweiman is the Managing Member of 683 Capital Management.
What type of securities of Rainier Acquisition Corp (RNAQU) are referenced in this ownership report?
The report covers units consisting of Class A ordinary shares with $0.0001 par value and redeemable warrants. Initially, each Class A ordinary share and warrant trades together as a unit under CUSIP G73591110.
What voting and dispositive power does the 683 Capital group report over Rainier Acquisition Corp (RNAQU) shares?
Each reporting person reports 0 shares with sole voting or dispositive power and 862,500 shares with shared voting and shared dispositive power, reflecting coordinated control over those Class A ordinary shares.
On what dates are the ownership and agreement in the Rainier Acquisition Corp (RNAQU) report stated?
Ownership figures are stated as of August 27, 2026, based on shares outstanding that date. The joint filing agreement and signatures by Ari Zweiman are dated September 3, 2026.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Rainier Acquisition Corporation
(Name of Issuer)
Units (Class A Ordinary Shares, $0.0001 par vaue, and Redeemable Warrants)
(Title of Class of Securities)
G73591110
(CUSIP Number)
08/27/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
G73591110
1
Names of Reporting Persons
683 Capital Management, LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
862,500.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
862,500.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
862,500.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
11.2 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
CUSIP Number(s):
G73591110
1
Names of Reporting Persons
683 Capital Partners, LP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
862,500.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
862,500.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
862,500.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
11.2 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP Number(s):
G73591110
1
Names of Reporting Persons
Ari Zweiman
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
862,500.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
862,500.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
862,500.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
11.2 %
12
Type of Reporting Person (See Instructions)
IN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Rainier Acquisition Corporation
(b)
Address of issuer's principal executive offices:
1 PENN PLAZA, 48TH FLOOR, NEW YORK, NEW YORK
10119
Item 2.
(a)
Name of person filing:
683 Capital Management, LLC
683 Capital Partners, LP
Ari Zweiman
Each of the foregoing is referred to as a "Reporting Person" and collectively as the "Reporting Persons."
(b)
Address or principal business office or, if none, residence:
The principal business address for each of the Reporting Persons is 1700 Broadway, Suite 4200, New York, New York 10019.
(c)
Citizenship:
683 Capital Management, LLC - DELAWARE
683 Capital Partners, LP - DELAWARE
Ari Zweiman - UNITED STATES
(d)
Title of class of securities:
Units (Class A Ordinary Shares, $0.0001 par vaue, and Redeemable Warrants)
(e)
CUSIP Number(s):
G73591110
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
** As of the date of this Schedule 13G, a CUSIP number for the issuer's Class A Ordinary Shares is not available. Initially, each of the Class A Ordinary Shares and warrants to purchase Class A Ordinary Shares will trade as a unit. The CUSIP number set forth herein is the CUSIP number for the issuer's units.
As of August 27, 2026, 683 Capital Partners, LP beneficially owned 862,500 Class A Ordinary Shares.
683 Capital Management, LLC, as the investment manager of 683 Capital Partners, LP, may be deemed to have beneficially owned the 862,500 Class A Ordinary Shares beneficially owned by 683 Capital Partners, LP.
Ari Zweiman, as the Managing Member of 683 Capital Management, LLC, may be deemed to have beneficially owned the 862,500 Class A Ordinary Shares beneficially owned by 683 Capital Management, LLC.
The following percentage is based on 7,694,375 Class A Ordinary Shares outstanding as of August 27, 2026 which assumes no exercise of the underwriters' over-allotment option, as disclosed in the Issuer's Prospectus on Form 424(b)(4) (Registration Statement No. 333-298076) filed with the Securities and Exchange Commission on August 27, 2026.
(b)
Percent of class:
11.2 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
See Cover Pages Items 5-9.
(ii) Shared power to vote or to direct the vote:
See Cover Pages Items 5-9.
(iii) Sole power to dispose or to direct the disposition of:
See Cover Pages Items 5-9.
(iv) Shared power to dispose or to direct the disposition of:
See Cover Pages Items 5-9.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(K), so indicate under Item 3(k) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group.
See Exhibit A.
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
683 Capital Management, LLC
Signature:
Ari Zweiman
Name/Title:
Managing Member
Date:
09/03/2026
683 Capital Partners, LP
Signature:
Ari Zweiman
Name/Title:
Authorized Person
Date:
09/03/2026
Ari Zweiman
Signature:
Ari Zweiman
Name/Title:
Self
Date:
09/03/2026
Exhibit Information
JOINT FILING AGREEMENT
The undersigned hereby agree that the statement on Schedule 13G with respect to the Class A ordinary shares of Rainier Acquisition Corp dated as of September 3, 2026 is, and any further amendments thereto signed by each of the undersigned shall be, filed on behalf of each of the undersigned pursuant to and in accordance with the provisions of Rule 13d-1(k)(2) under the Securities Exchange Act of 1934, as amended.
Dated: September 3, 2026
683 CAPITAL MANAGEMENT, LLC
By: /s/ Ari Zweiman
Ari Zweiman,
Managing Member
683 CAPITAL PARTNERS, LP
By: /s/ Ari Zweiman
Ari Zweiman,
Authorized Person
/s/ Ari Zweiman
Ari Zweiman
