Company: RAIN
Filing Date: 2025-05-16
Form Type: 424B3
Source: 0001213900-25-044498
Chunk: 21

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-05-16
Form: 424B3
Chunk 21
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 |     |                  |    57,752 |
| Total                |     |            | 1,522 |     |                  | 2,183,291 |

Note 4 — Intangible Assets

Patent License

On November 21, 2022, the Company entered
into a license agreement with Dr. Theodore Anderson, a plasma physicist, whereby the Company was granted an exclusive, worldwide
license under certain of Dr. Anderson’s patents. The consideration paid for the license of $33,000, which was fully paid in
November of 2022, was recorded as a finite-lived intangible asset.

Consulting Agreement for Rainfall Ionization Equipment

In November 2022, the Company entered into
a consulting agreement, which was later amended on December 8, 2022, to engage its senior technology advisor (“Technical Advisor”).
The Company agreed to pay the Technical Advisor a one-time fee upon execution of the agreement (“First-time fee”) and a consulting
fee of AUD 250,000 per year (equivalent to approximately $170,000 as of the effective date), which was later amended to
$186,000 in February 2025, as well as certain success fees that will be paid upon reaching certain milestones.

In connection with the consulting agreement,
the Company also obtained from the Technical Advisor an irrevocable, perpetual, non-exclusive license under certain engineering designs
in connection with rainfall ionization equipment and systems. The Company fully paid the license amount of $83,750 in June 2023.

Intangible Assets

Intangible assets as of March 31, 2025 and December
31, 2024 are composed of licenses under certain patents and designs for weather modification and rainfall ionization equipment to Dr.
Anderson and the Technical Advisor as discussed above.

Management anticipates that equipment utilizing
certain of these patents and designs will become operational and placed in service within 2025. The Company amortizes those assets on
a straight-line basis over the estimated useful lives of the assets under full-month convention. The Company plans to continually adapt
to incorporate new technologies and to expand into markets that may be created by new technologies for rainfall generation. As a result,
the Company anticipates that the licensed patents and designs will have a ten-year useful life before the Company transitions and adopts
new technologies.

Intangible assets as of March 31, 2025 and December
31, 2024 were comprised of the following:

| Intangible assets:                                                |