Company: RAIN
Filing Date: 2025-04-25
Form Type: 424B3
Source: 0001213900-25-035587
Chunk: 34

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-04-25
Form: 424B3
Chunk 34
---
RWT will also encounter risks and uncertainties frequently experienced
by growing companies in rapidly changing industries. If RWT’s assumptions regarding these risks and uncertainties and its future
growth are incorrect or change, or if RWT does not address these risks successfully, RWT’s operating and financial results could
differ materially from its expectations, and its business could suffer. RWT’s success as a business ultimately relies upon fundamental
research and development breakthroughs in the coming years and decade. There is no certainty these research and development milestones
will be achieved as quickly as hoped, or even at all.

RWT expects to incur significant expenses and losses for the foreseeable future.

RWT believes that it will incur operating and net losses until it is
able to grow its one-to-many business model at scale, deliver a robust, sustainable pipeline of clients and acquire long-term, multi-annual
contracts. Among other things, RWT will incur ongoing expenses in connection with the design, development and manufacturing of its technology,
conduct and expansion of its research and development activities, increases in its sales and marketing activities, development of its
distribution infrastructure, and increases in its general and administrative functions to support its growing operations.

RWT may find that these efforts are more expensive than it currently
anticipates or that these efforts may not result in revenues, which would further increase RWT’s losses. If RWT is unable to achieve
and/or sustain profitability, or if RWT is unable to achieve the growth that it expects, it could have a material effect on RWT’s
business, financial condition or results of operations. RWT’s business model is unproven and may never allow it to cover its costs.

<div align='center'>12</div>

RWT’s estimates of market opportunity and growth forecasts may prove to be inaccurate.

Market opportunity estimates and growth forecasts, including those
RWT has generated itself, are subject to significant uncertainty and are based on assumptions and estimates that may not prove to be accurate.
RWT’s business plan assumes a strong sales pipeline of actionable client targets that can be converted to revenue-generating clients
beginning in 2025. However, RWT does not currently have clients, and the variables that go into the calculation of RWT’s client
acquisition forecasts are subject to change over time. There is no guarantee that any particular number or percentage of clients or companies
covered by its estimates will purchase its products at all or generate any particular level of revenue for RWT. Any growth of RWT’s