Company: RAIN
Filing Date: 2025-04-18
Form Type: POS AM
Source: 0001213900-25-033116
Chunk: 203

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-04-18
Form: POS AM
Chunk 203
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) |     | Carrying Value | December 31, 
         2024 |   |     |   | December 31, 
         2023 |   |
|:------------------------------------------------------------------|:----|:---------|------------:|:----|:---------------|-------------:|:--|:----|:--|-------------:|:--|
| Intangible assets:                                                |     |          |             |     |                |              |   |     |   |              |   |
| Licensed technology for weather modification                      |     |          |          10 |     | $              |       33,000 |   |     | $ |       33,000 |   |
| Purchased intellectual property for rainfall ionization equipment |     |          |          10 |     | $              |       83,750 |   |     |   |       83,750 |   |
| Less:                                                             |     |          |             |     |                |              |   |     |   |              |   |
| Accumulated amortization                                          |     |          |             |     |                |      (24,323 | ) |     |   |      (12,648 | ) |
| Total intangible assets, net                                      |     |          |             |     | $              |       92,427 |   |     | $ |      104,102 |   |

The Company incurred approximately $ and $ in amortization
expenses for the years ended December 31, 2024 and 2023, respectively, and included that in the accompanying consolidated statement
of operations. The intangible assets were tested for impairment whenever events or changes in circumstances indicate the carrying amount
may not be recoverable. These conditions may include a change in the extent or manner in which the asset is being used or a change in
future operations. For the years ended December 31, 2024 and 2023, there were no impairment charges associated with the Company’s intangible
assets.

F-16 Note 5 — Related Party Transactions Note Payable and Line of Credit from Related Parties On February 2, 2023, RWT issued a promissory note (the “Note”) to its former CEO and Mr. You and Mr. de Masi for an aggregate amount of $ 600,000. The Note has an annual interest rate of 5% and is currently due on demand. On December 30, 2024, Holdco