Company: RAIN
Filing Date: 2025-11-13
Form Type: 424B3
Source: 0001213900-25-110123
Chunk: 27

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-11-13
Form: 424B3
Chunk 27
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 of the
voting power of the Holdco Class B Common Stock. The Holdco Class A Common Stock and the Holdco Class B Common Stock have identical economic
rights, including dividend and liquidation rights.

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RAIN ENHANCEMENT TECHNOLOGIES HOLDCO, INC.

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

SEPTEMBER 30, 2025</div>

Holdco Incentive Plan

Effective December 31, 2024, in connection with
the Closing, the Company adopted 2024 Equity Incentive (the “2024 Incentive Plan”), which authorizes the grant of equity and
equity-based incentive awards to officers, employees, non-employee directors and consultants.

Holdco initially reserved 747,168 shares of Class
A Common Stock for the issuance of awards under the 2024 Incentive Plan. The number of shares reserved for issuance under the 2024 Incentive
Plan will increase automatically on January 1 of each of 2025 through 2034 by the number of shares equal to 5.0% of the total number of
outstanding shares (rounded down to the nearest whole share) of Class A Common Stock as of December 31 of the immediately preceding year.
Notwithstanding anything to the contrary in the 2024 Incentive Plan, no more than the number of shares of Class A Common Stock initially
reserved under the 2024 Incentive Plan may be issued pursuant to the exercise of incentive stock options (“ISOs”) under the
2024 Incentive Plan.

Shares of Class A Common Stock underlying awards
that are forfeited, canceled, expire unexercised, or are settled in cash will again become available for issuance under the 2024 Incentive
Plan. In the event of any change in Holdco’s capitalization, the plan’s Compensation Committee may, in its sole discretion,
make equitable adjustments to (i) the number of shares reserved under the plan, (ii) the number of shares subject to outstanding awards,
(iii) applicable award limits, and (iv) the exercise price of outstanding options.

The 2024 Incentive Plan has a term of 10 years
from December 31, 2024, after which no additional awards may be granted. The Board may amend, suspend, or terminate the plan at any time,
subject to stockholder approval to the extent required