Company: RAIN
Filing Date: 2025-01-31
Form Type: S-1
Source: 0001213900-25-008536
Chunk: 3

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-01-31
Form: S-1
Chunk 3
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 dated as of June 25, 2024 (as amended on August 22, 2024,
the “Business Combination Agreement”), and such shares of RET Class A common stock were originally purchased at an effective
purchase price of approximately $2.06 per share; (ii) 57,752 shares of Class A Common Stock issuable upon the conversion of 57,752 shares
of Class B common stock, par value $0.0001 per share (the “Class B Common Stock”) of the Company, issued to the former RET
shareholders upon the closing of the Business Combination as consideration for their shares of Class B common stock of RET, and such shares
of RET Class B common stock were originally purchased at an effective purchase price of approximately $2.16 per share; (iii) 2,150,838
shares of Class A Common Stock issuable upon the exercise of vested options to purchase Class A Common Stock (“Options”) at
an exercise price of $2.06 per share, which were issued upon the conversion of RET’s outstanding options pursuant to the Business
Combination Agreement, (iv) 650,120 shares of Class A Common Stock issued to Harry You and his affiliates upon the closing of the Business
Combination as consideration for former founder shares of Coliseum pursuant to the terms of the Business Combination Agreement, which
were purchased by Mr. You from Coliseum Acquisition Sponsor LLC (the “Previous Sponsor”) in June 2023 for an aggregate purchase
price of $1.00 plus the obligation to fund certain contributions to Coliseum’s trust account (Mr. You funded an aggregate of $650,000
of such contributions); (v) 806,250 shares of Class A Common Stock issued at the closing of the Business Combination upon the exchange
of Coliseum private placement warrants of Coliseum pursuant to the Warrant Exchange Agreement dated December 17, 2024, between Coliseum,
the Company, and the holders of such Coliseum private placement warrants (the “Warrant Exchange Agreement”), and such Coliseum
private placement warrants were initially purchased at a price of $1.50 per warrant; (vi) 118,556 shares of Class A Common Stock issued
or to be issued to investors (the “PIPE Investors”) pursuant to the terms of the Subscription Agreements between the PIPE
Investors and the Company (the “PIPE Subscription Agreements”), at a price of approximately $11.39 per share (the “PIPE
Investment”);