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Rain Enhancement Technologies (Coliseum Acquisition) Priced, Nasdaq: RAIN

Blank check company targeting consumer product, service, and media companies (completed 12/31/2024).

Industry: SPAC

First Day Return: -1.0%

We are a newly organized blank check company, incorporated as a Cayman Islands exempted company. Although we may pursue acquisitions in any sector or industry, we will focus our search for opportunities to create value in the sectors where we can capitalize on the expertise of our management team and advisors, specifically consumer product, service and media companies at the intersection of sports, entertainment, digital media and/or technology (our “Core Sectors”). Our objective is to generate attractive returns and create value for our shareholders by applying our strategy of capitalizing on the ability of our management team to identify opportunities, conduct thorough due diligence, and acquire and manage a business that can benefit from our significant experience operating and investing in consumer, media and sports-related businesses. Our approach is focused on industries or sectors in which our management team has a strong track record of performance, and emphasizes the preservation of capital by opportunistically pursuing transactions where we believe we have the ability to make an economic impact that drives revenue growth and profitability.
IPO Data
IPO Date 06/22/2021
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $150
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters New York, NY, United States
Founded 2021
Employees at IPO 4
Website www.coliseumacq.com

Rain Enhancement Technologies (Coliseum Acquisition) (RAIN) Performance

Created with Highcharts 10.3.2Chart context menuRAIN vs. IPO Index (IPOUSA)Jul '21Oct '21Jan '22Apr '22Jul '22Oct '22Jan '23Apr '23Jul '23Oct '23Jan '24Apr '24Jul '24Oct '24Jan '25Apr '250%-75%-50%-25%+ 25%View 5 days5dView 1 month1mView 3 months3mView year to dateYTDView 1 year1yView allAllRenaissance IPO IndexOur ETF tracks the IPO Index