Company: RAIN
Filing Date: 2025-05-16
Form Type: 424B3
Source: 0001213900-25-044498
Chunk: 15

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-05-16
Form: 424B3
Chunk 15
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 exercise prices greater than the average market price of the
Company’s common stock for the period are excluded from the calculation of diluted net income (loss) per share as their inclusion
would be anti-dilutive. For the three months ended March 31, 2025 and 2024, due to a net loss, all potential shares of common stock were
not included in the calculation of dilutive net loss per share as their effect would have been anti-dilutive. As a result, diluted net
loss per share is the same as basic net loss per share for the periods presented.

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RAIN ENHANCEMENT TECHNOLOGIES HOLDCO, INC.

NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

MARCH 31, 2025</div>

The net loss per share presented in the unaudited
condensed consolidated statements of operations is based on the following for the three months ended March 31, 2025 and 2024:

| Basic and diluted net loss per common share:         
 Numerator:                                           |     | For the three months ended March 31, 
 2025                                 
 Class A                              
 common                               
 stock                                |           |   |     | Class B 
 common  
 stock   |         |   |     | 2024    
 Class A 
 common  
 stock   |           |   |     | Class B 
 common  
 stock   |   |
|:-----------------------------------------------------|:----|:-------------------------------------|----------:|:--|:----|:--------|--------:|:--|:----|:--------|----------:|:--|:----|:--------|:--|
| Allocation of net loss                               |     | $                                    | 1,471,159 | ) |     | $       | (11,285 | ) |     | $       |   (31,340 | ) |     | $       | - |
| Denominator:                                         |     |                                      |           |   |     |         |         |   |     |         |           |   |     |         |   |
| Basic and diluted weighted average share outstanding |     |                                      | 7,528,761 |   |     |         |  57,752 |   |     |         | 1,766,554 |   |     |         | - |
| Basic and diluted net loss per common share          |     | $                                    |     (