Company: RAIN
Filing Date: 2025-05-16
Form Type: 424B3
Source: 0001213900-25-044498
Chunk: 46

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-05-16
Form: 424B3
Chunk 46
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 income statement captions. This ASU also requires
disclosure of the total amount of selling expenses along with the definition of selling expenses. The ASU is effective for annual periods
beginning after December 15, 2026, and interim periods within fiscal years beginning after December 15, 2027. Adoption of this ASU can
either be applied prospectively to consolidated financial statements issued for reporting periods after the effective date of this ASU
or retrospectively to any or all prior periods presented in the consolidated financial statements. While early adoption is permitted,
the Company does not plan to adopt this standard early. This ASU will likely result in additional disclosures being included in the Company’s
consolidated financial statements once adopted. The Company is currently evaluating the provisions of this ASU.

Emerging Growth Company Status

Holdco is an emerging growth company, as defined
in Section 2(a) of the Securities Act, as modified by the Jumpstart Our Business Startups Act of 2012 (the “JOBS Act”).
Section 102(b)(1) of the JOBS Act exempts emerging growth companies from being required to comply with new or revised financial
accounting standards until private companies (that is, those that have not had a registration statement under the Securities Act declared
effective or do not have a class of securities registered under the Exchange Act) are required to comply with the new or revised
financial accounting standards.

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Section 107 of the JOBS Act allows emerging
growth companies to take advantage of the extended transition period for complying with new or revised accounting standards. Under Section 107,
an emerging growth company can delay the adoption of certain accounting standards until those standards would otherwise apply to private
companies. Any decision to opt out of the extended transition period for complying with new or revised accounting standards is irrevocable.
The Company has elected to use the extended transition period available under the JOBS Act, which means that when a standard is issued
or revised and it has different application dates for public or private companies, the Company, as an emerging growth company, can adopt
the new or revised standard at the time private companies adopt the new or revised standard. This may make comparison of the Company’s
consolidated financial statements with another public company which is neither an emerging growth company nor an emerging growth company
which has opted out of using the extended transition period difficult or impossible because of the potential differences in accounting
standards used.

The Company will