Company: RAIN
Filing Date: 2025-08-14
Form Type: 424B3
Source: 0001213900-25-076764
Chunk: 16

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-08-14
Form: 424B3
Chunk 16
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 benefits as of June 30, 2025 and December 31,
2024. The Company recognizes accrued interest and penalties related to unrecognized tax benefits as income tax expense. No amounts
were accrued for the payment of interest and penalties as of June 30, 2025 and December 31, 2024. The Company is currently not aware of
any issues under review that could result in significant payments, accruals or material deviation from its position. The Company is subject
to income tax examinations by major tax authorities since inception.

Net Loss Per Common Share

Basic net loss per share of common stock is computed
by dividing net loss by the weighted average number of shares of common stock outstanding during the periods. Diluted net loss per share
is computed by giving effect to all potential shares of common stock, including warrants, and stock options, to the extent dilutive. Stock
options and warrants with exercise prices greater than the average market price of the Company’s common stock for the period are
excluded from the calculation of diluted net income (loss) per share as their inclusion would be anti-dilutive. For the three and six
months ended June 30, 2025 and 2024, due to a net loss, all potential shares of common stock were not included in the calculation of dilutive
net loss per share as their effect would have been anti-dilutive. As a result, diluted net loss per share is the same as basic net loss
per share for the periods presented.

The net loss per share presented in the unaudited
condensed consolidated statements of operations is based on the following for the three and six months ended June 30, 2025 and 2024:

|                                                      |     | For the three months ended June 30, |           |   |     |                      |        |   |     |                      |           |   |     |         |   |
|                                                      |     |                                2025 |           |   |     |                      |        |   |     |                 2024 |           |   |     |         |   |
|                                                      |     |                Class A common stock |           |   |     | Class B common stock |        |   |     | Class A common stock |           |   |     | Class B 
 common  
 stock   |   |
| Basic and diluted net loss per common share:         |     |                                     |           |   |     |                      |        |   |     |                      |