Company: RAIN
Filing Date: 2025-04-16
Form Type: 10-K
Source: 0001213900-25-032239
Chunk: 190

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-04-16
Form: 10-K
Item: Item 1A
Chunk 190
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, improving, and commercializing ionization rainfall generation technology to continue to be conducted
by RWT as a subsidiary of Holdco.

Under the Holdco A&R Articles, Holdco may engage in any and all
lawful business for which a business corporation may engage in under the MBCA. In the future, Holdco, directly or indirectly, may acquire
additional businesses or assets which may or may not be complementary to the RWT business. The costs of such acquisitions may be substantial,
including as a result of professional fees and due diligence efforts. There is no assurance that the time and resources expended on pursuing
a particular acquisition will result in a completed transaction, or that any completed transaction will ultimately be successful. In addition,
Holdco may be unable to identify suitable acquisition or strategic investment opportunities, or may be unable to obtain any required financing
or regulatory approvals, and therefore may be unable to complete such acquisitions or strategic investments on favorable terms, if at
all.

Holdco may decide to pursue acquisitions with which its investors may
not agree and Holdco cannot assure investors that any acquisition or investment will be successful or otherwise provide a favorable return
on investment. If Holdco acquires a business or assets that are not complementary to the RWT business, such business or assets may not
be able to leverage our existing infrastructure or operational experience, which may increase the costs and risk associated with such
acquisitions, and we may determine in connection with such acquisition or afterward to separate the ownership of such business or assets
from that of RWT through a spin-off, split off or otherwise of RWT or of such business or assets.

In addition, acquisitions and the integration thereof will require
significant time and resources and place significant demands on Holdco’s management, as well as on its operational and financial
infrastructure. Risks related to the successful integration of an acquired business include:

    ●
    diverting the attention of Holdco management and that of the acquired business;

    ●
    merging or linking different accounting and financial reporting systems and systems of internal controls and, in some instances, implementing new controls and procedures;

    ●
    merging computer, technology and other information networks and systems, including enterprise resource planning systems and billing systems;

    ●
    assimilating personnel, human resources, billing and collections, and other administrative departments and potentially contrasting corporate cultures;

    ●
    disrupting relationships with or losses of key clients and suppliers of RWT’s business or the acquired business;

    ●
    interfering with