Company: RAIN
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001213900-25-110062
Chunk: 33

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 33
---
 statements. Such forward-looking statements relate to future events
or future performance, but reflect management’s current beliefs, based on information currently available. A number of factors could
cause actual events, performance or results to differ materially from the events, performance and results discussed in the forward-looking
statements. For information identifying important factors that could cause actual results to differ materially from those anticipated
in the forward-looking statements, please refer to “Item 4. Risk Factors” in this Report, “Item 1A. Risk Factors”
in our Annual Report on Form 10-K for the year ended December 31, 2024, and in our other Securities and Exchange Commission (“SEC”)
filings. The Company’s securities filings can be accessed on the EDGAR section of the SEC’s website at www.sec.gov. Except
as expressly required by applicable securities law, the Company disclaims any intention or obligation to update or revise any forward-looking
statements whether as a result of new information, future events or otherwise.

Overview

We were founded to provide the world with reliable
access to water, one of life’s most important resources. To achieve this mission, we aim to develop, manufacture and commercialize
ionization rainfall generation technology.

We are combining unique expertise and personnel
to develop, improve and undertake efforts to commercialize ionization rainfall generation technology that enhances rainfall when conditions
are appropriate in the atmosphere. We are building our proprietary Weather Enhancement Technology Array (“WETA”) platform
with software, meteorology, hardware, product design and operations to make rainfall generation more dependable. We aim to improve the
existing rainfall generation technologies by introducing robust measurement tools, including automation technology, rain gauges, and weather
stations, to more precisely quantify the positive water benefit it expects to deliver to millions globally.

We aim to develop, invent, improve, manufacture,
commercialize and operate technologies that enhance rainfall and elevate water reserves. We believe that our future services will yield
potable water that can be used for all purposes. The projected cost (not including land costs, which are still being determined) and energy
requirements for our future technology are modest on a per gallon basis for communities and ecosystems, estimated to be $0.10 per cubic
meter, less than other alternative technologies. We aim to enhance agricultural, industrial and household water supplies for all the communities
in which we operate by developing technology and services to serve governmental and commercial clients’ needs in creating water
resiliency and abundancy.

Our business model is based on