Company: RAIN
Filing Date: 2025-04-16
Form Type: 10-K
Source: 0001213900-25-032239
Chunk: 79

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-04-16
Form: 10-K
Item: Item 1
Chunk 79
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2)(A).

In accordance with Nasdaq Listing Rule 5810(c)(3)(C), we have 180 calendar
days, or until August 18, 2025, to regain compliance with the MVLS Rule. The MVLS Notice notes that, to regain compliance, our MVLS must
close at or above $50,000,000 for a minimum of ten consecutive business days during the MVLS Compliance Period. The MVLS Notice further
notes that if we are unable to satisfy the MVLS requirement prior to such date, we may be eligible to transfer the listing of its securities
to The Nasdaq Capital Market (provided that we then satisfy the requirements for continued listing on that market). If we do not regain
compliance by the end of the MVLS Compliance Period, Nasdaq staff will provide written notice to us that our securities are subject to
delisting. At that time, we may appeal any such delisting determination to a hearings panel.

Also on February 18, 2025, we received the MVPHS Notice from Nasdaq
that for the 30 consecutive business days ended February 14, 2025, our MVPHS closed below the $15,000,000 MVPHS threshold required for
continued listing on Nasdaq under Nasdaq Listing Rule 5450(b)(2)C).

In accordance with Nasdaq Listing Rule 5810(c)(3)(D), we have 180 calendar
days, or until August 18, 2025, to regain compliance with the MVPHS Rule. The MVPHS Notice notes that, to regain compliance, our MVPHS
must close at or above $15,000,000 for a minimum of ten consecutive business days during the MVPHS Compliance Period. The MVPHS Notice
further notes that if we are unable to satisfy the MVPHS requirement prior to such date, we may be eligible to transfer the listing of
its securities to The Nasdaq Capital Market (provided that we then satisfy the requirements for continued listing on that market). If
we do not regain compliance by the end of the MVPHS Compliance Period, Nasdaq staff will provide written notice to us that our securities
are subject to delisting. At that time, we may appeal any such delisting determination to a hearings panel.

The MVLS Notice and MVPHS Notice are notifications
of deficiency, not of imminent delisting, and have no immediate effect on the listing of our securities. Our Class A