Company: RAIN
Filing Date: 2025-01-07
Form Type: 8-K
Source: 0001213900-25-001708
Chunk: 1

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-01-07
Form: 8-K
Item: Item 2.03
Chunk 1
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5.01. Changes in Control of Registrant.

Reference is made to the disclosure
in the section titled “ The Business Combination,” beginning on page 149 of the Proxy Statement/Prospectus, which is
incorporated herein by reference. Further reference is made to the information contained in the Introductory Note and Item 2.01 to this
Current Report, which is incorporated herein by reference.

Item
5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of
Certain Officers.

Executive
Officers and Directors

Effective
upon the SPAC Merger Effective Time, and in accordance with the terms of the Business Combination, each of Harry You, Christopher Riley,
Randy Seidl, Alexandra Steele, Lyman Dickerson and J. Eric Smith are the directors of Holdco. The directors of Holdco are divided among
the following classes:

  Christopher                                                                                 

  Lyman                                                                                       

  Harry                                                                                           

Additionally,
effective upon the SPAC Merger Effective Time, the following Holdco executive officers were appointed: Christopher Riley was appointed
Interim Co-Chief Executive Officer, Randy Seidl was appointed Co-Chief Executive Officer and Oanh Truong was appointed Interim Chief
Financial Officer and Corporate Secretary.

Reference is also made to
the disclosure in the section titled “ Management of Holdco Following the Proposed Transactions,” beginning on page
308 of the Proxy Statement/Prospectus, for biographical information about each of the directors and officers following the Business Combination,
other than as disclosed below, which is incorporated herein by reference.

Randy
Seidl In
2020, Mr. Seidl founded and continues to serve as Chairman of Sales Community, a sales social network with a mission to add value to
technology sales professionals. In 2016, he founded and continues to serve as Chairman of Top Talent Recruiting, a boutique contingency-based recruiting
business. In 2013, he founded and continues to serve as Chairman of Revenue Acceleration to help tech companies accelerate revenue growth.
From 2009 to 2013, Mr. Seidl served as Sr. Vice President/General Manager of Hewlett Packard’s Americas and U. S. Enterprise
Group. From 2006 to 2009, he served as Sr. Vice President/General Manager of Sun Microsystems’ North America business and as Vice
President/General Manager for its Financial Services Area. From 2004 to 2006, he served