Company: RAIN
Filing Date: 2025-05-16
Form Type: 424B3
Source: 0001213900-25-044498
Chunk: 50

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-05-16
Form: 424B3
Chunk 50
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 disputes, inflation,
interest rates and the military conflicts and the impacts to global capital markets and to our business.

RWT’s future success depends in part on recruiting and retaining key personnel and failure to do so may make it more difficult for us to execute the business strategy.

RWT is dependent upon the continued services of key
personnel, including members of its executive management team. The loss of any one of these individuals could disrupt our operations or
its strategic plans. Additionally, RWT’s future success will depend on, among other things, its ability to hire and retain the necessary
qualified sales, marketing and managerial personnel, for whom it competes with numerous other companies, academic institutions and organizations.
Restraints on the flow of technical and professional talent, including as a result of changes to U.S. immigration policies or laws, may
inhibit our ability to adequately staff our engineering, research and development efforts. If RWT loses key employees, if it is unable
to retain other qualified personnel, or if its management team is not able to effectively manage it through these events, RWT’s
business, financial condition, and results of operations may be adversely affected.

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

On December 31, 2024, in connection with the
Closing, the former RWT shareholders received an aggregate of 2,125,540 shares of Holdco Class A Common Stock and 57,572 shares of Holdco
Class B Common Stock pursuant to the terms of the Business Combination Agreement.

On December 31, 2024, in connection with the
Closing, Holdco issued 61,474 shares of Holdco Class A Common Stock to the PIPE Investors pursuant to the PIPE Subscription Agreements,
for aggregate proceeds of approximately $700,000 and also recorded a subscription receivable of $650,000 from two PIPE Investors for
the purchase of 57,083 shares of Holdco Class A Common Stock. On January 29, 2025, Holdco closed $500,000 of such subscription receivable
pursuant to the PIPE Subscription Agreements and issued an aggregate of 43,910 shares of Holdco Class A Common Stock to the PIPE Investors.
On February 6, 2025, Holdco closed on the remaining $150,000 of subscription receivable pursuant to the PIPE Subscription Agreements
and issued an aggregate of 13,173 shares of Holdco Class A Common Stock to the