Company: RAIN
Filing Date: 2025-01-31
Form Type: S-1
Source: 0001213900-25-008536
Chunk: 67

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-01-31
Form: S-1
Chunk 67
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 415 under the Securities Act, an aggregate
of 5,194,056 shares of Class A Common Stock. Pursuant to the Registration Rights Agreement, the selling shareholders have customary
registration rights, including demand and piggy-back rights, subject to cooperation and cut back provisions with respect to Class A
Common Stock.

An aggregate of 5,914,056 shares of Class A Common Stock are subject
to registration rights, representing approximately 78.7% of the 7,515,588 outstanding shares of Class A Common Stock as of January 30,
2025 and approximately 242.3% of the approximately 2,441,042 shares of Class A Common Stock in the public float as of January 30, 2025.

The registration of these shares permits the public resale of such
shares, subject to any applicable contractual lock-up obligation. The registration and availability of a significant number of securities
for trading in the public market may have an adverse effect on the market price of the Class A Common Stock.

Sales of a substantial number of shares of Class A Common Stock in the public market, particularly sales by our executive officers, directors and significant shareholders, or the perception that these sales could occur, could cause the market price of Class A Common Stock to decline.

Sales of a substantial number
of shares of Class A Common Stock in the public market, particularly sales by our executive officers, directors and principal shareholders,
or the perception that these sales might occur, could cause the market price of Class A Common Stock to decline. Some of our executive
officers, directors and the holders of a substantial number of shares of Class A Common Stock following the Business Combination
are subject to lock-up provisions pursuant to the Lock-up Agreement that, for a period of at least two years from the date of Closing,
subject to certain exceptions, prohibit them from offering for sale, selling, contracting to sell, granting any option for the sale of,
transferring or otherwise disposing of any shares of Class A Common Stock and of any securities convertible into or exercisable for
Class A Common Stock.

When the applicable lock-up
periods expire, our security holders subject to lock-up provisions will be able to sell shares of Class A Common Stock in the public
market. Sales of a substantial number of such shares upon expiration of the lock-up provisions, the perception that such sales may occur
or early release of these provisions could cause our market price to fall or make it more difficult for you to sell your Class A Common
Stock at