Company: RAIN
Filing Date: 2025-04-25
Form Type: 424B3
Source: 0001213900-25-035587
Chunk: 101

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-04-25
Form: 424B3
Chunk 101
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 Company from the Business Combination was approximately $0.1 million.

In connection with the
Closing, the Company also recorded a subscription receivable of $650,000 from two PIPE Investors for the purchase of 57,083 shares of
Class A Common Stock. On January 29, 2025, the Company closed $500,000 of such subscription receivable pursuant to the terms of subscription
agreements (collectively, the “PIPE Subscription Agreements”) between the Company and certain investors (the “PIPE Investors”)
and issued an aggregate of 43,910 shares of Class A Common Stock to the PIPE Investors. On February 6, 2025, the Company closed on the
remaining $150,000 of subscription receivable pursuant to the PIPE Subscription Agreements and issued an aggregate of 13,173 shares of
Class A Common Stock to the PIPE Investors. Additionally, the Company has a $7 million loan agreement (the “Loan Agreement”)
from an affiliate of Harry You, subject to the terms and conditions of the Loan Agreement, of which $839,000 has been borrowed as of the
date of this prospectus. The Company may seek additional sources of capital, but there can be no assurance that additional financing will
be available to the Company on favorable terms or at all. See “Risk Factors – the Company will need additional capital to pursue its business objectives and respond to business opportunities, challenges or unforeseen circumstances, and it cannot be sure that additional financing will be available.”

RWT’s primary use
of proceeds from the Business Combination will be to support the development and organic growth of its ionization rainfall generation
platform. Additional water technologies can be acquired or licensed provided a significant margin of error is maintained on reaching profitability
on the ionization rainfall generation.

Approximately equal components
of investment are expected in building RWT’s sales and marketing infrastructure, as its technical (hardware, software, physics and
engineering) and operations (client, install, maintenance and manufacturing) talent. Attracting and retaining the leading talent in the
world, and manufacturing and installing its hardware will be the primary use of capital through breakeven.

Additional rainfall generation
technologies, as well as adjacent desalination, wastewater treatment, water purification, mineral extraction, cloudseeding and other water
generation services may be considered for inorganic expansion.

RWT management currently
estimates approximately $6.3 million and approximately $62 million in expenses for its one-year and five-year business plan. Prior to