Company: RAIN
Filing Date: 2025-02-12
Form Type: 424B3
Source: 0001213900-25-012904
Chunk: 163

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-02-12
Form: 424B3
Chunk 163
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 qualified persons as directors and officers. Holdco also maintains directors’ and officers’
liability insurance.

The limitation of liability and indemnification provisions in the Holdco A&R Articles may discourage shareholders from bringing a lawsuit against Holdco’s directors and officers for breach of their fiduciary duty. They may also reduce the likelihood of derivative litigation against Holdco’s directors and officers, even though an action, if successful, might benefit Holdco and its stockholders. Further, a shareholders’ investment may be adversely affected to the extent that Holdco pays the costs of settlement and damage.

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SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND
MANAGEMENT OF THE COMPANY</div>

The following table sets forth beneficial ownership of Class A Common Stock and Class B Common Stock by:

| ● | each                                                                                     
 person who is known to be the beneficial owner of more than 5% of the outstanding shares 
 of Class A Common Stock or Class B Common Stock;                                         |

| ● | Each                                                            
 of Holdco’s current named executive officers and directors; and |

| ● | All                                                     
 executive officers and directors of Holdco, as a group. |

The information below is
based on an aggregate of 7,528,761 shares of Class A Common Stock and 57,752 shares of Class B Common Stock issued and outstanding
as of February 10, 2025. Beneficial ownership is determined according to the rules of the SEC, which generally provide that a person
has beneficial ownership of a security if he, she, or it possesses sole or shared voting or investment power over that security,
including options, warrants, and other derivative securities that are currently exercisable or exercisable within 60 days. In the
table below, shares issuable upon the exercise of Options that are currently exercisable or exercisable within 60 days of the
Closing Date are considered outstanding and beneficially owned by the person holding such Options for the purpose of computing the
percentage ownership of that person but are not treated as outstanding for the purpose of computing the percentage ownership of any
other person. Accordingly, percentages presented in the table may not sum to 100%.

Voting power represents the combined voting power of shares of Class
A Common Stock and Class B Common Stock owned beneficially by such person. On all matters to be voted upon, holders of Class A Common
Stock will be entitled to cast one vote per share and holders of Class B Common Stock will be entitled to cast