Company: RAIN
Filing Date: 2025-11-13
Form Type: 424B3
Source: 0001213900-25-110123
Chunk: 20

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-11-13
Form: 424B3
Chunk 20
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     | $ |       92,427 |   |

The Company incurred approximately $3,000 and
$9,000 in amortization expenses for each of the three and nine months ended September 30, 2025 and 2024, which is included in the
accompanying unaudited condensed consolidated statements of operations. The intangible assets are tested for impairment whenever events
or changes in circumstances indicate the carrying amount may not be recoverable. These conditions may include a change in the extent or
manner in which the asset is being used or a change in future operations. For the three and nine months ended September 30, 2025 and 2024,
there were no impairment charges associated with the Company’s intangible assets.

Note 5 — Commercial Agreements

On September 10, 2025, the Company entered into
a lease agreement to lease a parcel of land in Colorado (“Colorado Lease”), which served as its installation site for the
Company’s first Equipment unit. The lease commencement date is the date selected by the Company within 30 days following the applicable
government hearing granting permission for use. The Company obtained its permit on October 29, 2025, and selected November 1, 2025 as
the lease commencement date. The lease has an initial term of a one year and includes four options to extend the term, each for an additional
one-year period. Under the Colorado Lease, the Company is required to make an upfront payment of $2,500 upon commencement date and pay
a monthly base rate of $2,500, which will automatically increase for each extension term at the rate of 5%.

On September 21, 2025, the Company entered into
another land lease agreement for a parcel of land in Utah (“Utah Lease”). The lease commencement date is the date selected
by the Company within 30 days following the applicable government hearing granting permission for use. The lease has an initial term of
one year and includes four options to extend the term, each for an additional one-year period. The Company has not obtained its permit.
The Utah Lease has a monthly base rate of $200, which will automatically increase for each extension term at the rate of 5%.

<div align='center'>13

RAIN ENHANCEMENT TECHNOLOGIES HOLDCO, INC.

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

SEPTEMBER 30, 2025</div>

Note