Company: RAIN
Filing Date: 2025-04-25
Form Type: 424B3
Source: 0001213900-25-035587
Chunk: 173

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-04-25
Form: 424B3
Chunk 173
---
, at any time while the Warrants are outstanding
and unexpired, pay to all or substantially all of the holders of Class A Common Stock a dividend or make a distribution in cash, securities
or other assets to the holders of Class A Common Stock on account of such shares of Class A Common Stock (or other securities into which
the warrants are convertible), other than (a) as described above, (b) any cash dividends or cash distributions which, when combined on
a per share basis with all other cash dividends and cash distributions paid on the Class A Common Stock during the 365-day period ending
on the date of declaration of such dividend or distribution does not exceed $0.50 (as adjusted for share sub-divisions, share dividends,
rights issuances, consolidations, reorganizations, recapitalizations and other similar transactions) but only with respect to the amount
of the aggregate cash dividends or cash distributions equal to or less than $0.50 per share, or (c) to satisfy the redemption rights of
the holders of Class A Common Stock in connection with a shareholder vote to amend the Holdco A&R Articles with respect to any provision
relating to shareholders’ rights, then the warrant exercise price will be decreased, effective immediately after the effective date
of such event, by the amount of cash and/or the fair market value of any securities or other assets paid on each share of Class A Common
Stock in respect of such event.

If the number of issued and outstanding shares of Class A Common Stock
is decreased by a consolidation, combination, reverse share sub-division or reclassification of Class A Common Stock or other similar
event, then, on the effective date of such consolidation, combination, reverse share sub-division, reclassification or similar event,
the number of shares of Class A Common Stock shares issuable on exercise of each Warrant will be decreased in proportion to such decrease
in issued and outstanding shares of Class A Common Stock.

<div align='center'>91</div>

Whenever the number of shares of Class A Common Stock purchasable upon
the exercise of the Warrant is adjusted, as described above, the warrant exercise price will be adjusted by multiplying the warrant exercise
price immediately prior to such adjustment by a fraction (x) the numerator of which will be the number of shares of Class A Common Stock
purchasable upon the exercise of the Warrant immediately prior to such adjustment and (y) the denominator of which will be the number
of shares of Class A