Company: RAIN
Filing Date: 2025-04-25
Form Type: 424B3
Source: 0001213900-25-035587
Chunk: 75

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-04-25
Form: 424B3
Chunk 75
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 day prior to the date
on which we give proper notice of such redemption to the Warrant holders and provided certain other conditions are met. We will not redeem
the Warrants unless an effective registration statement under the Securities Act covering the shares issuable upon exercise of the Warrants
is effective and a current prospectus relating to those shares is available throughout the 30-day redemption period, except if we elect
to require the Warrants to be exercised on a cashless basis and such cashless exercise is exempt from registration under the Securities
Act. If and when the Warrants become redeemable by us, we may exercise our redemption right even if we are unable to register or qualify
the underlying securities for sale under all applicable state securities laws. Redemption of the outstanding warrants could force you
to (i) exercise your Warrants and pay the exercise price therefor at a time when it may be disadvantageous for you to do so, (ii) sell
your Warrants at the then-current market price when you might otherwise wish to hold your Warrants or (iii) accept the nominal redemption
price which, at the time the outstanding Warrants are called for redemption, is likely to be substantially less than the market value
of your Warrants. As of the date of this prospectus, the Class A Common Stock has never traded above $18.00 per share, therefore neither
current nor recent share prices meet or exceed the threshold that would allow Holdco to redeem the Warrants.

In addition, we have the ability to redeem the outstanding Warrants
at any time after they become exercisable and prior to their expiration, at a price of $0.10 per warrant upon a minimum of 30 days’
prior written notice of redemption provided that the closing price of the Class A Common Stock equals or exceeds $10.00 per share (as
adjusted for adjustments to the number of shares issuable upon exercise or the exercise price of a warrant) for any 20 trading days within
a 30 trading-day period ending on the third trading day prior to proper notice of such redemption and provided that certain other conditions
are met, including that holders will be able to exercise their warrants on a cashless basis prior to redemption for a number of shares
of Class A Common Stock determined based on the redemption date and the fair market value of the Class A Common Stock. The value received
upon exercise of the Warrants (i) may be less than the value the holders would have received if they had exercised their warrants