Company: RAIN
Filing Date: 2025-04-25
Form Type: 424B3
Source: 0001213900-25-035587
Chunk: 185

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-04-25
Form: 424B3
Chunk 185
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 pursuant to the Warrant Exchange but not
including any shares of Class A Common Stock purchased in the PIPE Investment) are subject to transfer restrictions until the end of the
earlier of (x) two (2) years after the Closing Date and (y) the date on which Holdco completes a liquidation, merger, capital stock exchange,
reorganization or other similar transaction that results in all of Holdco’s shareholders having the right to exchange their shares
of common stock for cash, securities or other property.

One Year Lock-Up

On December 31, 2024, in connection with the consummation of the Business
Combination and as contemplated by the Extension Non-Redemption Agreements, Holdco issued to the Extension Non-Redeeming Shareholders
an aggregate of 606,972 shares of Class A Common Stock. Such shares are subject to a one-year lock-up, subject to potential early release
as discussed below. Additionally, the 5,000 shares of Class A Common Stock issued on December 31, 2024 to a vendor in consideration for
services rendered are subject to a one-year lock-up pursuant to an agreement between Holdco and the vendor.

Such shares are subject to early release from the one-year lock-up
if the last reported sale price of the Class A Common Stock equals or exceeds (i) $12.00 per share (as adjusted for share sub-divisions,
share dividends, rights issuances, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day
period commencing at least 150 days after the Business Combination or (ii) $18.00 per share (as adjusted for share sub-divisions, share
dividends, rights issuances, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period
commencing at least 75 days after the completion of the Business Combination, or (y) the date on which the Company completes a liquidation,
merger, share exchange, reorganization or other similar transaction that results in all of the Company’s shareholders having the
right to exchange their Common Stock for cash, securities or other property.

<div align='center'>97

MATERIAL U.S. FEDERAL INCOME TAX CONSIDERATIONS</div>

The following is a discussion of the material U.S. federal income tax
considerations applicable to U.S. Holders and Non-U.S. Holders (