Company: RAIN
Filing Date: 2025-04-25
Form Type: 424B3
Source: 0001213900-25-035587
Chunk: 80

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-04-25
Form: 424B3
Chunk 80
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 without the approval of the board of directors of that corporation,
such person may not engage in certain transactions with the corporation for a period of three years following the time that person becomes
a 5% shareholder, with certain exceptions. A Massachusetts corporation may elect in its articles of organization or bylaws not to be governed
by Chapter 110F.

Under the Massachusetts control share acquisitions statute (Chapter
110D of the Massachusetts General Laws), a person who acquires beneficial ownership of shares of stock of a corporation in a threshold
amount equal to one-fifth or more but less than one-third, one-third or more but less than a majority, or a majority or more of the voting
stock of the corporation, referred to as a control share acquisition, must obtain the approval of a majority of shares entitled to vote
generally in the election of directors (excluding (1) any shares owned by any person acquiring or proposing to acquire beneficial ownership
of shares in a control share acquisition, (2) any shares owned by any officer of the corporation and (3) any shares owned by any employee
of the corporation who is also a director of the corporation) for the purpose of acquiring voting rights for the shares that such person
acquires in crossing the foregoing thresholds.

The Massachusetts control share acquisitions statute permits the corporation,
to the extent authorized by its articles of organization or bylaws, to redeem all shares acquired by an acquiring person in a control
share acquisition for fair value (which is to be determined in accordance with procedures adopted by the corporation) if (1) no control
share acquisition statement is delivered by the acquiring person or (2) a control share acquisition statement has been delivered and voting
rights were not authorized for such shares by the shareholders in accordance with the applicable provision of the control share acquisitions
statute.

If the voting rights for shares acquired in a control share acquisition
are authorized by a majority of shareholders, and the acquirer has acquired beneficial ownership of a majority or more of all voting power
in the election of directors, then each stockholder of record, other than the acquirer, who has not voted in favor of authorizing voting
rights for the control may demand payment for his or her stock and an appraisal in accordance with M.G.L. chapter 156D.

The Massachusetts control share acquisition statute permits a Massachusetts
corporation to elect not to be governed by the statute’s provisions by including a provision in the corporation’s articles
of organization or bylaws pursuant to which the corporation opts out of the