Company: RAIN
Filing Date: 2025-04-18
Form Type: POS AM
Source: 0001213900-25-033116
Chunk: 211

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-04-18
Form: POS AM
Chunk 211
---
ization expenses               |     |                     |     11,675 |   |     |   |   12,648 |   |
| Loss from operations                |     |                     | (4,503,606 | ) |     |   | (410,073 | ) |
| Total other expenses                |     |                     |    (30,155 | ) |     |   |  (26,934 | ) |
| Net loss                            |     | $                   | (4,533,761 | ) |     | $ | (437,007 | ) |

As the Company has not earned any revenue, the
key measures of segment profit or loss reviewed by our CODM are general and administrative expenses to monitor, manage and forecast cash
to ensure enough capital is available for working capital needs. The CODM also reviews general and administrative costs to manage, maintain
and enforce all contractual agreements to ensure costs are aligned with all agreements and budget.

Note 11 — Subsequent Events The Company evaluated subsequent events and transactions that occurred after the balance sheet date through April 15, 2025, the date at which the consolidated financial statements were issued. Based upon this review, the Company did not identify any subsequent events that required adjustment or disclosure in the consolidated financial statements, except as noted below. Subsequent to December 31, 2024, the Company borrowed approximately $ 839,000under the LOC for working capital needs. Additionally, On April 1, 2025, the Board, increased the size of the Board from five to seven directors and appointed Mr. Marcus Peperzak and Mr. Robert Reardon to the Board to fill the resulting vacancies. In connection with their appointments to the Board, Mr. Reardon and Mr. Peperzak each entered into the Director Agreements which are the form of agreement adopted by the Board in April 2025 to govern the terms of service and compensation of the Company’s non-employee directors. Additionally, effective as of April 4, 2025, the Company entered into Director Agreements with Lyman Dickerson, Alexandra Steele, and Christopher Riley, each non-employee members of the Board. Pursuant to the terms of the Director Agreements, the Company agreed to pay to each board member (i) subject to approval by the Board and compensation committee of the Board (the “Compensation Committee”), a cash payment of $ 12,500promptly following attendance at each quarterly Board meeting, for a total annual cash compensation of $