4//SEC Filing
DC Rainier SPV LLC 4
Accession 0001104659-21-124932
CIK 0001854461other
Filed
Oct 11, 8:00 PM ET
Accepted
Oct 12, 6:19 AM ET
Size
10.6 KB
Accession
0001104659-21-124932
Insider Transaction Report
Form 4
DC Rainier SPV LLC
10% Owner
Transactions
- Purchase
Warrants to purchase Common Stock
2021-10-07+583,200→ 583,200 totalExercise: $11.50→ Common Stock (437,400 underlying) - Other
Common Stock
2021-10-07+50,000→ 2,951,919 total - Purchase
Common Stock
2021-10-07+583,200→ 3,535,119 total
Footnotes (5)
- [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.
- [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.
- [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.
- [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.
- [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.
Documents
Issuer
Mount Rainier Acquisition Corp.
CIK 0001854461
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001870777
Filing Metadata
- Form type
- 4
- Filed
- Oct 11, 8:00 PM ET
- Accepted
- Oct 12, 6:19 AM ET
- Size
- 10.6 KB