Rainier Acquisition Corp (RNAQ) AI Dilution Summary
Updated Oct 6, 2026
Cash was $1,095,158 at the 2026-08-28 balance-sheet date, a figure that already includes the $75,000,000 public offering that closed 2026-08-28. The most recent capital came on 2026-09-02, after that balance-sheet date: a $11,250,000 gross public offering with Chardan Capital Markets LLC as representative of the underwriters, and a $56,250 private placement. Dilution here is driven primarily by exchangeable founder shares.