Rainier Acquisition adds new 5.2% unit holder
Rainier Acquisition Corp (RNAQU) has a new significant holder disclosure.
Rhea-AI Filing Summary
Rainier Acquisition Corp (RNAQU) has a new significant holder disclosure. MMCAP International Inc. SPC and MM Asset Management Inc. jointly report beneficial ownership of 400,000 Units of Rainier Acquisition Corp, representing 5.2% of the Unit class, based on 7,694,375 Units outstanding as of August 28, 2026. The reporting persons have shared voting and dispositive power over all 400,000 Units and no sole voting or dispositive power. The securities are Units consisting of Class A ordinary shares with $0.0001 par value and redeemable warrants.
Positive
- None.
Negative
- None.
Key Figures
Units beneficially owned: 400,000 Units
Percent of class: 5.2%
Outstanding Units: 7,694,375 Units
+2 more
5 metrics
Units beneficially owned
400,000 Units
Beneficial ownership of Rainier Acquisition Corp Units reported on Schedule 13G
Percent of class
5.2%
Ownership percentage of Rainier Acquisition Corp Units based on outstanding Units as of August 28, 2026
Outstanding Units
7,694,375 Units
Issuer Units outstanding as of August 28, 2026, used to calculate ownership percentage
Shared voting power
400,000 Units
Units over which the reporting persons share voting power
Shared dispositive power
400,000 Units
Units over which the reporting persons share dispositive power
Key Terms
beneficially owned, shared voting power, shared dispositive power, Units (Class A Ordinary Shares, $0.0001 par vaue, and Redeemable Warrants), +1 more
5 terms
beneficially owned financial
"Item 4. | Ownership (a) | Amount beneficially owned: 400,000"
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.
Schedule 13G regulatory
"form_type": "SCHEDULE 13G"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
FAQ
What percentage of Rainier Acquisition Corp (RNAQU) units is owned by the reporting group?
MMCAP International Inc. SPC and MM Asset Management Inc. report beneficial ownership of 5.2% of Rainier Acquisition Corp’s Units, based on 7,694,375 Units outstanding as of August 28, 2026.
How many Rainier Acquisition Corp (RNAQU) units are beneficially owned by the filers?
The reporting persons beneficially own 400,000 Units of Rainier Acquisition Corp. These Units carry shared voting and shared dispositive power between the filers, with no sole voting or dispositive power reported.
What security class is covered in this Schedule 13G for RNAQU?
The filing covers Units of Rainier Acquisition Corp, each consisting of Class A Ordinary Shares ($0.0001 par value) and Redeemable Warrants, identified by CUSIP G73591110.
Who are the reporting persons in this Rainier Acquisition Corp (RNAQU) Schedule 13G?
The reporting persons are MMCAP International Inc. SPC, organized in the Cayman Islands, and MM Asset Management Inc., organized in Ontario, Canada. They file jointly under a Joint Filing Agreement (Exhibit 99.1).
What voting and dispositive powers are reported over RNAQU units?
The filers report 0 Units with sole voting or dispositive power and 400,000 Units with shared voting power and shared dispositive power over Rainier Acquisition Corp’s Units.
AI-generated analysis. How Rhea-AI works. Not financial advice.