Company: RAIN
Filing Date: 2025-04-25
Form Type: 424B3
Source: 0001213900-25-035587
Chunk: 37

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-04-25
Form: 424B3
Chunk 37
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 change because
of factors currently unknown, and RWT may need to seek additional funds sooner than planned, through public or private equity or debt
financings or other sources, such as strategic collaborations. Such financings may result in dilution to stockholders, issuance of securities
with priority as to liquidation and dividend and other rights more favorable than common stock, imposition of debt covenants and repayment
obligations or other restrictions that may adversely affect its business. In addition, RWT may seek additional capital due to favorable
market conditions or strategic considerations even if it believes that it has sufficient funds for current or future operating plans.
There can be no assurance that financing will be available to RWT on favorable terms, or at all. The inability to obtain financing when
needed may make it more difficult for RWT to operate its business or implement its growth plans.

Risks Relating to RWT’s Business and Industry

There are many risks and uncertainties that may affect RWT’s operations, performance, development and results. Many of these risks are beyond RWT’s control. The following is a description of the important risk factors that may affect RWT’s business and industry. If any of these risks were to actually occur, RWT’s business, financial condition or results of operations could be materially adversely affected. Additional risks and uncertainties not currently known to RWT or that RWT currently considers to be immaterial may also materially adversely affect its business, financial condition or results of operations.

RWT has identified a material weakness in its internal control over financial reporting as of and for the year ended December 31, 2023 and determined that it had not been remediated as of December 31, 2024. If RWT is unable to develop and maintain an effective system of internal control over financial reporting, it may not be able to accurately report its financial results in a timely manner, which may adversely affect investor confidence in it and materially and adversely affect its business and operating results.

RWT’s management is responsible for establishing
and maintaining adequate internal control over financial reporting designed to provide reasonable assurance regarding the reliability
of financial reporting and the preparation of consolidated financial statements for external purposes in accordance with accounting principles
generally accepted in the United States of America (“U.S. GAAP”). RWT’s management is likewise required, on a quarterly
basis, to evaluate the effectiveness of its internal controls and to disclose any changes and material weaknesses identified through such
evaluation in those internal controls. A material weakness is a deficiency, or