Company: RAIN
Filing Date: 2025-04-16
Form Type: 10-K
Source: 0001213900-25-032239
Chunk: 200

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-04-16
Form: 10-K
Item: Item 1A
Chunk 200
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’s policies and procedures designed to ensure compliance with these regulations
may not be sufficient and its directors, officers, employees, representatives, consultants, agents, and business partners could engage
in improper conduct for which we may be held responsible.

Non-compliance with anti-corruption, anti-bribery, anti-money laundering
or financial and economic sanctions laws could subject RWT to whistleblower complaints, adverse media coverage, investigations, and severe
administrative, civil and criminal sanctions, collateral consequences, remedial measures and legal expenses, all of which could materially
adversely affect its reputation, business, financial condition, and results of operations.

27

Risks Relating to Ownership of Holdco Securities

Unless the context otherwise requires, references in this subsection
“— Risks Relating to Ownership of Holdco Securities” to “we”, “us”, and “our” generally
refer to Holdco.

There can be no assurance that Holdco will be able to comply
with the continued listing rules of Nasdaq.

Holdco’s Class A Common Stock and Warrants are currently listed
on Nasdaq. To maintain the listing of our Class A Common Stock and Warrants on Nasdaq, we must satisfy minimum financial and other continued
listing requirements and standards, including those related to the closing price of our Common Stock and Warrants. On February 18, 2025,
Holdco received written notice (the “MVLS Notice”) from the Listing Qualifications Staff (“Staff”) of the Nasdaq
which notified us that, for the 30 consecutive business days ended February 14, 2025, our market value of listed securities (“MVLS”)
closed below the $50,000,000 MVLS threshold required for continued listing on the Nasdaq Global Market under Nasdaq Listing Rule 5450(b)(2)(A)
(the “MVLS Rule”).

In accordance with Nasdaq Listing Rule 5810(c)(3)(C), we have been
provided an initial period of 180 calendar days, or until August 18, 2025 (the “MVLS Compliance Period”), by which we have
to regain compliance with the MVLS Rule. To regain compliance, Holdco’s MVLS must close at or above $50,000,000 for a minimum of
ten consecutive business days during the MVLS Compliance Period. The MVLS Notice further notes that if Holdco is unable to satisfy the
MVLS requirement prior to such date, we may be eligible to transfer the listing of its securities