Company: RAIN
Filing Date: 2025-04-25
Form Type: 424B3
Source: 0001213900-25-035587
Chunk: 130

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-04-25
Form: 424B3
Chunk 130
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 be issued pursuant to the exercise of incentive stock options (“ISOs”)
under the 2024 Incentive Plan.

Shares of Class A Common Stock underlying awards under the 2024 Incentive
Plan that are forfeited, canceled, expire unexercised or are settled in cash will be available again for new awards under the 2024 Incentive
Plan. If there is any change in Holdco’s corporate capitalization, the Committee in its sole discretion may make substitutions or
adjustments to the number of shares of Class A Common Stock reserved for issuance under the 2024 Incentive Plan, the number of shares
of Class A Common Stock covered by awards then outstanding under the 2024 Incentive Plan, the limitations on awards under the 2024 Incentive
Plan, the exercise price of outstanding options and such other equitable substitutions or adjustments as it may determine appropriate.

The 2024 Incentive Plan has a term of 10 years from the Closing, and
no further awards may be granted under the 2024 Incentive Plan after that date.

Awards Available for Grant.The Committee may grant awards of
nonqualified stock options, incentive stock options (“ISOs”), stock appreciation rights (“SARs”), restricted stock
awards (“RSAs”) restricted stock units (“RSUs”), other stock-based awards, other cash-based awards, dividend equivalents,
and/or performance compensation awards or any combination of the foregoing.

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Stock Options and Stock Appreciation Rights.Stock options provide
for the purchase of shares of Class A Common Stock in the future at an exercise price set on the grant date. ISOs, in contrast to nonqualified
stock options, may provide tax deferral beyond exercise and favorable capital gains tax treatment to their holders if certain holding
period and other requirements of the Internal Revenue Code of 1986, as amended, are satisfied. SARs entitle their holder, upon exercise,
to receive from us an amount in cash or shares equal to the appreciation of the shares subject to the award between the grant date and
the exercise date. The exercise price of a stock option or SAR may not be less than 100% of the fair market value of the underlying share
on the grant date (or 110% in the case of ISOs granted to certain significant stockholders), except with respect to certain substitute
awards granted in connection with a corporate transaction. The term of a stock option or SAR may not