Company: RAIN
Filing Date: 2025-01-31
Form Type: S-1
Source: 0001213900-25-008536
Chunk: 85

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-01-31
Form: S-1
Chunk 85
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arrants began trading on Nasdaq under the symbols “RAIN” and “RAINW”, respectively, on January 2, 2025. Shares of Class B Common Stock do not trade on any market.

As of January 30, 2025, there were approximately 36 record holders
of Class A Common Stock, 3 record holders of Class B Common Stock and one record holder of Warrants. The number of holders of record does
not include a substantially greater number of “street name” holders or beneficial holders whose shares of Class A Common Stock
and Warrants are held of record by banks, brokers and other financial institutions.

On January 28, 2025, the closing price of the Class A common stock on Nasdaq was $3.89.

Dividend Policy

Holdco has not paid any dividends to its shareholders. It is the present intention of the Board to retain all earnings, if any, for use in Holdco’s business operations and, accordingly, the Holdco does not anticipate declaring any dividends in the foreseeable future. The Board will consider whether or not to institute a dividend policy. The determination to pay dividends will depend on many factors, including, among others, Holdco’s financial condition, current and anticipated cash requirements, contractual restrictions and financing agreement covenants, solvency tests imposed by applicable corporate law and other factors that the Board may deem relevant.

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UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL INFORMATION</div>

Defined terms included below have the same meaning as terms defined and included elsewhere in this prospectus, unless defined below.

Introduction

The following unaudited pro forma condensed combined financial information and accompanying notes are provided to aid you in your analysis of the financial aspects of Rain Enhancement Technologies Holdco, Inc. following the Business Combination, the PIPE Transaction and related transactions, which are collectively referred to as the “Transactions”. The following information is also relevant to understanding the unaudited pro forma condensed combined financial information contained herein:

| ● | On                                                                                                                                      
 December 23, 2024, Coliseum held two shareholder meetings, (1) to seek shareholder approval of an extension of time to complete the     
 Business Combination and related items (the “Extension Meeting”) and (2) to seek shareholder approval of the Business                   
 Combination (the “Business Combination Meeting”). In connection with the Extension Meeting and Business Combination Meeting,            
 an aggregate of 856,188 and 207,510 Public Shares were redeemed at approximately $11