Company: RAIN
Filing Date: 2025-02-12
Form Type: 424B3
Source: 0001213900-25-012904
Chunk: 195

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-02-12
Form: 424B3
Chunk 195
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 shareholders shall be limited to matters relating to the purpose or purposes stated in the notice of meeting.

The Holdco A&R Bylaws establish advance notice procedures with respect to shareholder proposals and nomination of candidates for election as directors, other than nominations made by or at the direction of the Board or a committee of the Board. In order to be “properly brought” before a meeting, a shareholder will have to comply with advance notice requirements and provide Holdco with certain information. Generally, to be timely, a shareholder’s notice must be received at Holdco’s principal executive offices not less than 95 days nor more than 125 days prior to the first anniversary of the immediately preceding annual meeting of shareholders. The Holdco A&R Bylaws also specify requirements as to the form and content of a shareholder’s notice. The Holdco A&R Bylaws allow the chairman of the meeting at a meeting of the shareholders to adopt rules and regulations for the conduct of meetings which may have the effect of precluding the conduct of certain business at a meeting if the rules and regulations are not followed. These provisions may also defer, delay, or discourage a potential acquirer from conducting a solicitation of proxies to elect the acquirer’s own slate of directors or otherwise attempting to influence or obtain control of Holdco.

Limitations on Stockholder Action by Written Consent

The Holdco A&R Articles
provide that, prior to the Voting Threshold Date, any action required or permitted to be taken at any annual or special meeting of shareholders
may be taken by written consent in lieu of a meeting, provided that (i) shareholders who own, in the aggregate, not less than a majority
of all the votes entitled to be cast on any issue to be considered at any annual or proposed special meeting of Holdco, as determined
in accordance with the Holdco A&R Articles, shall by written notice to the Secretary of Holdco request that the Board fix a record
date for the proposed action by shareholders including the information required by the Holdco A&R Bylaws, (ii) Holdco solicits written
consents from all shareholders, and (iii) such action is evidenced by a consent or consents in writing, setting forth the action to be
taken, which is signed and delivered to the Secretary of Holdco, and not revoked, by shareholders having the requisite votes; provided,
further, that any such action shall be taken in accordance with, and subject to the Holdco A&R Bylaws, the MBCA and applicable law.
Following the Voting