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

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-05-16
Form: 424B3
Chunk 25
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 will be reclassified as of the date of the event that causes the reclassification. Refer
to Note 7 for additional information on the fair value measurements of these warrants.

Note 7 — Fair Value Measurements

Financial liabilities measured at fair value
during the year on a recurring basis consisted of the following as of March 31, 2025 and December 31, 2024:

March 31, 2025

| Financial liabilities:              |     | Fair Value Hierarchy 
 Level 1              |   |     | Level 2 |         |     | Level 3 |        |     | Total |         |
|:------------------------------------|:----|:---------------------|:--|:----|:--------|--------:|:----|:--------|-------:|:----|:------|--------:|
| Warrant liability – Public Warrants |     | $                    | - |     | $       | 440,000 |     | $       |      - |     | $     | 440,000 |
| Shortfall payment liability         |     |                      | - |     |         |       - |     |         | 20,636 |     |       |  20,636 |
| Total financial liabilities         |     | $                    | - |     | $       | 440,000 |     | $       | 20,636 |     | $     | 460,636 |

December 31, 2024

| Financial liabilities:              |     | Fair Value Hierarchy 
 Level 1              |   |     | Level 2 |         |     | Level 3 |        |     | Total |         |
|:------------------------------------|:----|:---------------------|:--|:----|:--------|--------:|:----|:--------|-------:|:----|:------|--------:|
| Warrant liability – Public Warrants |     | $                    | - |     | $       | 350,000 |     | $       |      - |     | $     | 350,000 |
| Shortfall payment liability         |     |                      | - |     |         |       - |     |         | 20,636 |     |       |  20,636 |
| Total financial liabilities         |     | $                    | - |     | $       | 350,000 |     | $       | 20,636 |     | $     | 370