Company: RAIN
Filing Date: 2025-04-16
Form Type: 10-K
Source: 0001213900-25-032239
Chunk: 1496

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-04-16
Form: 10-K
Item: Item 9B
Chunk 1496
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,533,761) 
    $(437,007)
  
    Adjustments to reconcile net loss to net cash used in operating activities: 

    Amortization expense 
     11,675  
     12,648 
  
    General and administrative expenses advanced by related parties 
     321,448  
     11,265 
  
    Stock based compensation expense 
     2,834,535  
     3,843 
  
    Changes in operating assets and liabilities: 

    Prepaid expenses 
     (4,199) 
     (8,136)
  
    Accounts payable 
     28,452  
     285,233 
  
    Accrued expenses 
     (10,750) 
     (133,000)
  
    Accrued interest - related parties 
     30,247  
     27,041 
  
    Tax payable 
     (225) 
     - 
  
    Net cash used in operating activities 
     (1,322,578) 
     (238,113)

    Cash Flows from Investing Activities: 

    Capital expenditures for equipment 
     (45,828) 
     (264,154)
  
    Net cash used in investing activities 
     (45,828) 
     (264,154)

    Cash Flows from Financing Activities: 

    Proceeds from issuance of RWT Class A common stock 
     740,000  
     - 
  
    Proceeds from issuance of RWT Class B common stock 
     125,000  
     - 
  
    Proceeds from issuance of Holdco Class A common stock in connection with PIPE subscriptions 
     700,000  
     - 
  
    Proceeds from reverse recapitalization 
     3,980,264  

    Payment of deferred financing costs 
     (75,000) 

    Payment of prepaid forward purchase agreements 
     (4,106,599) 

    Proceeds from issuance of common stock 
     -  
     1,998 
  
    Proceeds from issuance of Series A preferred stock 
     -  
     8,000 
  
    Proceeds from note payable 
     -  
     446,910 
  
    Repayment of note payable 
     -  
     (17,296)