Company: RAIN
Filing Date: 2025-04-25
Form Type: 424B3
Source: 0001213900-25-035587
Chunk: 70

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-04-25
Form: 424B3
Chunk 70
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 Class B common stock of RWT, and such shares
of RWT Class B common stock were originally purchased at an effective purchase price of approximately $2.16 per share; (iii) 2,150,838
shares of Class A Common Stock issuable upon vested Options with an exercise price of $2.06 per share, which were issued upon the conversion
of RWT’s outstanding options pursuant to the Business Combination Agreement; (iv) 650,120 shares of Class A Common Stock issued
to Harry You and his affiliates upon the Closing as consideration for former Founder Shares pursuant to the terms of the Business Combination
Agreement, which were purchased by Mr. You from the Previous Sponsor in June 2023 for an aggregate purchase price of $1.00 plus the obligation
to fund certain contributions to Coliseum’s trust account (Mr. You funded an aggregate of $650,000 of such contributions); (v) 806,250
shares of Class A Common Stock issued at the Closing upon the exchange of Private Placement Warrants of Coliseum pursuant to the Warrant
Exchange Agreement, and such Private Placement Warrants were initially purchased at a price of $1.50 per Private Placement Warrant; (vi)
118,557 shares of Class A Common Stock issued or to be issued to the PIPE Investors pursuant to the terms of the PIPE Subscription Agreements,
at a price per share of approximately $11.39; and (vii) 5,000 shares of Class A Common Stock issued to a vendor as consideration for services
rendered. Depending on the price, the public shareholders may have paid significantly more than the selling shareholders for any shares
or Warrants they may have purchased in the open market based on variable market price.

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Despite a significant decline in the public trading
price, some of the selling shareholders may still experience a positive rate of return on the shares being offered by them in this prospectus
due to the price at which such selling shareholder initially purchased the shares. Based upon the closing price of our Class A Common
Stock of $2.89 on April 24, 2025, upon the sale of shares of our Class A Common Stock (i) Harry You may experience a potential profit
of approximately $1,89 per share of the Class A Common Stock issued to him upon the exchange of the former Founder Shares in the Business
Combination, and approximately $1,89 per share of the Class A Common Stock issued to