Company: RAIN
Filing Date: 2025-04-25
Form Type: 424B3
Source: 0001213900-25-035587
Chunk: 22

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-04-25
Form: 424B3
Chunk 22
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A Common Stock as of April 24, 2025 and approximately 242.3% of the approximately 2,441,042 shares of Class A Common Stock in the public
float as of April 24, 2025. Sales of a substantial number of our shares of Class A Common Stock in the public market by the selling shareholders,
or the perception that those sales might occur, could increase the volatility of and cause a significant decline in the market price of
our Class A Common Stock and could impar our ability to raise capital through the sale of additional equity securities. See “Risk Factors— Sales of a substantial number of shares of Class A Common Stock in the public market, particularly sales by our executive officers, directors and significant stockholders, or the perception that these sales could occur, could cause the market price of Class A Common Stock to decline.”

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Nasdaq Compliance Notices

On February 18, 2025, we received written notice
(the “MVLS Notice”) from Nasdaq which notified the Company 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 180 calendar days, or until August 18, 2025 (the “MVLS Compliance Period”), to regain compliance with the MVLS Rule.
The MVLS Notice notes that, to regain compliance, our 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 we are unable to satisfy the MVLS requirement prior to such
date, we may be eligible to transfer the listing of its securities to The Nasdaq Capital Market (provided that we then satisfy the requirements
for continued listing on that market). If we do not regain compliance by the end of the MVLS Compliance Period, Nasdaq staff will provide
written notice to us that our securities are subject to delisting. At that time, we may appeal any such delisting determination to a hearings
panel.

Also on February 18, 2025, we received written
notice (the “MVPHS Notice