Company: RAIN
Filing Date: 2025-04-16
Form Type: 10-K
Source: 0001213900-25-032239
Chunk: 1303

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-04-16
Form: 10-K
Item: Item 9
Chunk 1303
---
 The Board has determined that each of the members of the nominating and corporate governance
committee satisfies the independence requirements of Nasdaq.

The purpose of the nominating
and corporate governance committee is to assist the Board in discharging its responsibilities relating to (1) identifying individuals
qualified to become Board members, consistent with criteria approved by the Board, (2) reviewing the qualifications of incumbent directors
to determine whether to recommend them for reelection and selecting, or recommending that the Board select, the director nominees for
the next annual meeting of stockholders, (3) identifying Board members qualified to fill vacancies on any Board committee and recommending
that the Board appoint the identified member or members to the applicable committee, (4) reviewing and recommending to the Board corporate
governance principles applicable to Holdco, (5) overseeing the evaluation of the Board and management and (6) handling such other matters
that are specifically delegated to the committee by the Board from time to time.

The Board has adopted
a written charter for the nominating and corporate governance committee which is available on Holdco’s website.

Code of Ethics 

We maintain a Code of
Ethics that is applicable to all of our directors, officers and employees. The Code of Ethics sets forth standards of ethical business
conduct, including conflicts of interest, compliance with applicable laws, rules and regulations, timely and truthful disclosure, and
reporting mechanisms for illegal or unethical behavior. The Code of Ethics also satisfies the requirements for a code of ethics as defined
by Item 406 of Regulation S-K promulgated by the SEC. If the Company were to amend or waive any provision of the Code of Ethics that
applies to the Company’s principal executive officer, principal financial officer, principal accounting officer or any person performing
similar functions, the Company intends to satisfy its disclosure obligations, if any, with respect to any such waiver or amendment by
posting such information on its website set forth above, rather than by filing a Current Report on Form 8-K. Amendments and waivers to
the Code of Ethics must be approved by our Board or a Board Committee and will be promptly disclosed (other than technical, administrative
or non-substantive changes) on our website. The Code of Ethics is available on the Investor Relations page of the Company’s website,
https://rainwatertech.com/. The contents of our website are not incorporated in or otherwise to be regarded as a part of this Annual
Report.

Insider Trading Policy

We have adopted insider trading policies and procedures governing