The Company intends to focus on established, technology-focused businesses either in the United States or internationally that have an aggregate enterprise value of approximately $500 million to $2.0 billion. Mount Rainier is led by CEO and Chairman Matthew Kearney and CFO Young Cho.
Total SPAC deal count for 2021 year-to-date is now 451. This offering is expected to close on Thursday, October 7.
A.G.P./Alliance Global Partners is the sole book-running manager for the IPO and Brookline Capital Markets, a division of Arcadia Securities, LLC, acted as co-manager for the offering. Loeb & Loeb LLP is serving as Issuer’s Counsel with Manatt, Phelps & Phillips LLP serving as Underwriter’s Counsel. Marcum LLP serves as auditor. American Stock Transfer & Trust Company, LLC is acting as trustee.