Company: RAIN
Filing Date: 2025-04-25
Form Type: 424B3
Source: 0001213900-25-035587
Chunk: 224

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-04-25
Form: 424B3
Chunk 224
---
it) to the Company’s effective tax rate (benefit) is as follows:

|                                                       |     | December 31, |       |   |     |      |       |   |
|                                                       |     |         2024 |       |   |     | 2023 |       |   |
| Statutory federal income tax rate                     |     |              |  21.0 | % |     |      |  21.0 | % |
| M&A/ Deal cost                                        |     |              |  -6.0 | % |     |      |   0.0 | % |
| Meals and entertainment                               |     |              |   0.0 | % |     |      |  -0.1 | % |
| Financing costs and stock based compensation expenses |     |              |  -0.3 | % |     |      |  -0.2 | % |
| Start-up/Organization costs                           |     |              |   0.0 | % |     |      |   0.0 | % |
| Change in valuation allowance                         |     |              | -14.7 | % |     |      | -20.7 | % |
| Income tax expense                                    |     |              |   0.0 | % |     |      |   0.0 | % |

There were no unrecognized tax benefits or accruals
for interest and penalties as of December 31, 2024 and 2023. The Company is currently not aware of any issues under review that could
result in significant payments, accruals or material deviation from its position. The Company has been subject to income tax examinations
by major taxing authorities since inception. The Company’s management does not expect that the total amount of unrecognized tax
benefits will materially change over the next twelve months.

Note 10—Segment Information

ASC Topic 280, “Segment Reporting,”
establishes standards for companies to report in their financial statement information about operating segments, products, services, geographic
areas, and major customers. Operating segments are defined as components of an enterprise for which separate financial information is
available that is regularly evaluated by the Company’s chief operating decision maker, or group, in deciding how to allocate resources
and assess performance.

The Company operates and manages the business
as one reportable and operating segment, which is the business of developing, manufacturing and commercializing ionization rainfall generation
technology. The Company’s Chief Executive Officer