Company: RAIN
Filing Date: 2025-04-25
Form Type: 424B3
Source: 0001213900-25-035587
Chunk: 65

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-04-25
Form: 424B3
Chunk 65
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act together, they would be able to influence Holdco’s management and affairs and control the outcome of matters submitted to our
shareholders for approval, including the election of directors and any sale of equity, merger, consolidation, or sale of all or substantially
all of our assets.

Further, the RWT Founders hold an aggregate of 57,752 shares of Class
B Common Stock, representing all issued and outstanding shares of Class B Common Stock. The Class B Common Stock has fifteen votes per
share, and the Class A Common Stock, which is the class of stock held by public shareholders, has one vote per share. Pursuant to the
Holdco A&R Articles, the RWT Founders as the sole initial holders of Class B Common Stock will have rights that are different from
unaffiliated shareholders for so long as the RWT Founders or their permitted transferees collectively beneficially own more than 20% of
the number of shares of Class B Common Stock collectively held by them as of the Closing. Such rights include the right to fill vacancies
on Holdco’s board of directors (the “Board”), to call special meetings of shareholders, to take action by written consent
of the shareholders, and that amendments to the Holdco A&R Articles will require the affirmative vote of a majority of the shares
of Common Stock entitled to vote in lieu of two-thirds of the shares of Common Stock entitled to vote on the matter. Future transfers
by holders of Class B Common Stock will generally result in those shares converting to Class A Common Stock, subject to limited exceptions,
such as certain transfers effected for estate planning or charitable purposes. Further, the Class B Common Stock will automatically convert
into Class A Common Stock on the date that is 5 years after the Closing Date, or earlier in certain circumstances, including if the initial
holders thereof collectively cease to beneficially own at least twenty percent (20%) of the number of shares of Common Stock held by them
on the Closing Date, as more fully set forth in the Holdco A&R Articles.

The RWT Founders may have interests, with respect to their Common Stock
which are different from those of unaffiliated shareholders and the concentration of voting power among one or more of these stockholders
may have an adverse effect on the trading price of the Class A Common Stock.

In addition, this concentration of ownership might adversely affect
the market price of the Class A Common Stock by: (1) delaying, deferring or preventing a change of