Company: RAIN
Filing Date: 2025-04-25
Form Type: 424B3
Source: 0001213900-25-035587
Chunk: 86

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-04-25
Form: 424B3
Chunk 86
---
 price of the Warrants, we believe
the holders are unlikely to exercise their Warrants. Conversely, the holders are more likely to exercise their Warrants the higher the
prices of our Class A Common Stock is above the exercise price of the Warrant. On April 24, 2025, the closing price of our Class A Common
Stock was $2.89. Accordingly, we believe the holders are unlikely to exercise their Warrants.

We intend to use the proceeds from the cash exercise of Warrants for
general corporate and working capital purposes.

<div align='center'>41

DETERMINATION OF OFFERING PRICE</div>

Our Class A Common Stock and Warrants are listed on Nasdaq under the
symbols “RAIN” and “RAINW,” respectively. The actual offering price of the shares of Class A Common Stock offered
by selling shareholders pursuant to this prospectus will be determined by prevailing market prices at the time of sale, by negotiated
private transactions, or as otherwise described in the section entitled “Plan of Distribution.” The exercise price
of the Warrants is $11.50 per share and the exercise price of the Options is $2.06 per share.

<div align='center'>MARKET PRICE OF AND DIVIDENDS ON CLASS A COMMON STOCK</div>

Market Information

Shares of our Class A Common Stock and Warrants
began trading on Nasdaq under the symbols “RAIN” and “RAINW”, respectively, on January 2, 2025. Shares of our
Class B Common Stock do not trade on any market.

As of April 24, 2025, there were approximately
32 record holders of Class A Common Stock, 3 record holders of Class B Common Stock and 1 record holder of Warrants. The number of holders
of record does not include a substantially greater number of “street name” holders or beneficial holders whose shares of Class
A Common Stock and Warrants are held of record by banks, brokers and other financial institutions.

On April 24, 2025, the closing price of the Class
A common stock on Nasdaq was $2.89.

Dividend Policy

Holdco has not paid any dividends to its shareholders. It is the present
intention of the Board to retain all earnings, if any, for use in Holdco’s business operations and, accordingly, the Holdco does
not anticipate declaring any dividends in the foreseeable future. The Board will consider whether or not to institute a dividend policy.
The determination