Company: RAIN
Filing Date: 2025-02-12
Form Type: 424B3
Source: 0001213900-25-012904
Chunk: 31

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-02-12
Form: 424B3
Chunk 31
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 to the financial statements included herein.

Risks Relating to RET’s Status as an Emerging Company

RET has a limited operating history and has not yet generated any revenues, which makes it difficult to forecast its future results of operations.

As a result of RET’s limited operating history,
its ability to accurately forecast the future results of operations is limited and subject to a number of uncertainties, including RET’s
ability to plan for and model future growth. RET’s ability to generate revenues will largely be dependent on its ability to develop
and improve ionization rainfall generation technology, and market and sell its services and products. RET’s business model is in
the early stages of development and its technical roadmap may not be realized as quickly as hoped, or even at all. The development of
RET’s business model will likely require the incurrence of significant costs, while RET’s revenues will be impacted by technological,
go-to-market, and operational advancements which may not occur on the currently anticipated timetable or at all. Further, in future periods,
RET’s growth could slow or decline for a number of reasons, including but not limited to slow market acceptance, increased competition,
competing technology, inability to develop, improve or effectively scale up RET’s technology, a decrease in the growth of the overall
market, government regulation, or RET’s failure, for any reason, to continue to take advantage of growth opportunities.

RET will also encounter risks and uncertainties
frequently experienced by growing companies in rapidly changing industries. If RET’s assumptions regarding these risks and uncertainties
and its future growth are incorrect or change, or if RET does not address these risks successfully, RET’s operating and financial
results could differ materially from its expectations, and its business could suffer. RET’s success as a business ultimately relies
upon fundamental research and development breakthroughs in the coming years and decade. There is no certainty these research and
development milestones will be achieved as quickly as hoped, or even at all.

RET expects to incur significant expenses and losses for the foreseeable future.

RET believes that it will incur operating and net losses until it is
able to grow its one-to-many business model at scale, deliver a robust, sustainable pipeline of clients and acquire long-term, multi-annual
contracts. Among other things, RET will incur ongoing expenses in connection with the design, development and manufacturing of its technology,
conduct and expansion of its research and development activities, increases in its sales and marketing activities, development of its
distribution infrastructure, and increases in its general and administrative functions to support its growing operations