Company: RAIN
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001213900-25-044438
Chunk: 1

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 1
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 of March 31, 2025 and December 31, 2024, respectively 
     -  
     - 
  
    Class A common stock, $0.0001 par value; 30,000,000 shares authorized; 7,528,761 shares issued and outstanding as of March 31, 2025 and December 31, 2024 
     753  
     753 
  
    Class B common stock, $0.0001 par value; 1,000,000 shares authorized; 57,752 shares issued and outstanding as of March 31, 2025 and December 31, 2024 
     6  
     6 
  
    Additional paid-in capital 
     964,335  
     964,335 
  
    Accumulated deficit 
     (7,737,046) 
     (6,254,602)
  
    Total stockholders' deficit 
     (6,771,952) 
     (5,289,508)
  
    Total Liabilities and Stockholders' Deficit 
    $1,323,452  
    $1,276,400 

The accompanying notes are an integral part
of the unaudited condensed consolidated financial statements.

1

RAIN ENHANCEMENT TECHNOLOGIES HOLDCO, INC.

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS
OF OPERATIONS

    For the three months ended  March 31, 

    2025  
    2024 
  
    General and administrative expenses 
    $1,342,482  
    $21,028 
  
    Amortization expenses 
     2,919  
     2,919 
  
    Loss from operations 
     (1,345,401) 
     (23,947)

    Other income (expenses): 

    Change in fair value of derivative warrant liabilities 
     (90,000) 
     - 
  
    Interest expense on notes payable to related parties 
     (47,083) 
     (7,397)
  
    Interest income earned from operating cash 
     40  
     4 
  
    Total other expenses 
     (137,043) 
     (7,393)

    Net loss 
    $(1,482,444) 
    $(31,340)

    Weighted average Class A common