Company: RAIN
Filing Date: 2025-04-18
Form Type: POS AM
Source: 0001213900-25-033116
Chunk: 161

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-04-18
Form: POS AM
Chunk 161
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 the $18.00 redemption trigger price (as adjusted for adjustments to the number of shares issuable upon exercise or the exercise price of a warrant as described under the heading “— Redeemable Warrants — Anti-dilution Adjustments”) as well as the $11.50 (for whole shares) warrant exercise price after the redemption notice is issued. Redemption of Warrants when the price per share of Class A Common Stock equals or exceeds $10.00 Once the Warrants become exercisable, we may redeem the outstanding Warrants:

| ● | in whole and not in part; |

| ● | upon a minimum of 30 days’ prior written notice of 
 redemption to each warrant holder; and             |

| ● | at $0.10 per Warrant provided that holders will be able to                                                                             
 exercise their Warrants on a cashless basis prior to redemption and receive that number of shares determined by reference to the table 
 below, based on the redemption date and the “fair market value” (as defined below) of our shares of Class A Common Stock               
 except as otherwise described below;                                                                                                   |

| ● | if, and only if, the Reference Value (as defined above under                                                                                 
 “Redemption of warrants when the price per share of Class A Common Stock equals or exceeds $18.00”) equals or exceeds                        
 $10.00 per share (as adjusted for adjustments to the number of shares issuable upon exercise or the exercise price of a warrant as described 
 under the heading “— Redeemable Warrants — Anti-dilution Adjustments”).                                                                      |

88 During the period beginning on the date the notice of redemption is given, holders may elect to exercise their Warrants on a cashless basis. The numbers in the table below represent the number of shares of Class A Common Stock that a warrant holder will receive upon such cashless exercise in connection with a redemption by us pursuant to this redemption feature, based on the “fair market value” of our Class A Common Stock on the corresponding redemption date (assuming holders elect to exercise their Warrants and such warrants are not redeemed for $0.10 per warrant), determined for these purposes based on volume weighted average price of our Class A Common Stock during the 10 trading days ending on the third trading day prior to the date on which the notice of redemption is sent to the holders of Warrants, and the number of months that the corresponding redemption date precedes the expiration date of the warrants, each as set forth in the table below