Company: RAIN
Filing Date: 2025-01-31
Form Type: S-1
Source: 0001213900-25-008536
Chunk: 125

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-01-31
Form: S-1
Chunk 125
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 hire a CTO and CFO. Meanwhile, we will expand client sales pipeline across business use cases and geography focusing on clients that will lead to best enhancement results.

| ● | Estimated                                
 material cash requirements: $2.0 million |

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Q2 2025: Begin operationalizing manufacturing, testing, and warehousing of devices for the installation pipeline.

| ● | Estimated                                
 material cash requirements: $2.8 million |

Q3 2025: Launch university partnerships. Release alpha version of software system (internally).

| ● | Estimated                                
 material cash requirements: $3.8 million |

Q4 2025: Convert one additional client for installation of two systems by the end of 2025. Release of beta version of software to clients.

| ● | Estimated                                
 material cash requirements: $5.0 million |

RET management estimates $40 million capital requirements for its five-year business plan. Such funds are expected to be used to integrate and roll out software for the rain enhancement platform, to deliver additional water services through the “land and expand” client acquisition model, and potential acquisitions of other weather technology.

RET’s business plan assumes that the funds received from the Business Combination will be used for business development, new product development, equipment production and installation, and operations. Since the base technology and products are developed and proven, the increased need for capital will be a function of the growth in customer acquisition and projects. RET management believes that RET’s budget can be easily scaled to the funds actually received, and the targeted funds raised from the Business Combination will enable RET to grow its client base and have the capital necessary to deliver equipment and technology to the newly acquired clients, and develop new products to be added to the RET platform.

In the operating model, RET has assumed a conservative case on the key components of the operating expenses until RET becomes profitable in 2028. Below are the cumulative expenses RET expects to incur from 2024-2027:

| ● | R&D                           
 expenses: approximately $5.9M |

| ● | general                                           
 and administrative expenses: approximately $11.6M |

| ● | sales                                       
 and marketing expenses: approximately $7.9M |

Prior to the closing of the
Business Combination, RET management determined that RET would be able to execute on its operating plan for at least the next 12 months
following the Closing if RET received at least $10 million in proceeds from the Business Combination, after giving effect to redemptions
of Public