Company: RAIN
Filing Date: 2025-04-16
Form Type: 10-K
Source: 0001213900-25-032239
Chunk: 1555

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-04-16
Form: 10-K
Item: Item 9C
Chunk 1555
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    each person who is known to be the beneficial owner of more than 5% of the outstanding shares of Class A Common Stock or Class B Common Stock;

    ●
    Each of Holdco’s current named executive officers and directors; and

    ●
    All executive officers and directors of Holdco, as a group.

The information below
is based on an aggregate of 7,528,761 shares of Class A Common Stock and 57,752 shares of Class B Common Stock issued and outstanding
as of April 15, 2025. Beneficial ownership is determined according to the rules of the SEC, which generally provide that a person has beneficial
ownership of a security if he, she, or it possesses sole or shared voting or investment power over that security, including options, warrants,
and other derivative securities that are currently exercisable or exercisable within 60 days. In the table below, shares issuable upon
the exercise of Options that are currently exercisable or exercisable within 60 days are considered outstanding and beneficially owned
by the person holding such Options for the purpose of computing the percentage ownership of that person but are not treated as outstanding
for the purpose of computing the percentage ownership of any other person. Accordingly, percentages presented in the table may not sum
to 100%.

Voting power represents the combined voting
power of shares of Class A Common Stock and Class B Common Stock owned beneficially by such person. On all matters to be voted upon, holders
of Class A Common Stock will be entitled to cast one vote per share and holders of Class B Common Stock will be entitled to cast 15 votes
per share. Generally, holders of all classes of common stock vote together as a single class.

62

Unless otherwise indicated, Holdco believes
that all persons named in the table below have sole voting and investment power with respect to all shares of voting shares beneficially
owned by them.

    Name and Address of Beneficial Owner(1) 
    Number of
 Shares of
 Class A
 Common Stock  
    % of 
Class  
    Number of
 Shares of
 Class B
 Common Stock  
    % of
 Class  
    % Total
 Voting
 Power 
  
    5% Holders 

    Harry L. You(2) 
     2,886,343  
     32.20% 
     23,101  
     40.00% 
     32.