Company: RAIN
Filing Date: 2025-04-25
Form Type: 424B3
Source: 0001213900-25-035587
Chunk: 171

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-04-25
Form: 424B3
Chunk 171
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 it is in our
best interest to update our capital structure to remove the Warrants and pay the redemption price to the warrant holders.

As stated above, we can redeem the warrants when shares of Class A
Common Stock are trading at a price starting at $10.00, which is below the exercise price of $11.50, because it will provide certainty
with respect to our capital structure and cash position while providing warrant holders with the opportunity to exercise their Warrants
on a cashless basis for the applicable number of shares. If we choose to redeem the Warrants when Class A Common Stock are trading at
a price below the exercise price of the warrants, this could result in the warrant holders receiving fewer shares of Class A Common Stock
than they would have received if they had chosen to wait to exercise their Warrants for shares of Class A Common Stock if and when such
shares were trading at a price higher than the exercise price of $11.50.

No fractional shares of Class A Common Stock will be issued upon exercise.
If, upon exercise, a holder would be entitled to receive a fractional interest in a share, we will round down to the nearest whole number
of the number of shares of Class A Common Stock to be issued to the holder. If, at the time of redemption, the Warrants are exercisable
for a security other than the Class A Common Stock pursuant to the Warrant Agreement, the warrants may be exercised for such security.
At such time as the Warrants become exercisable for a security other than Class A Common Stock, we (or the surviving company) will use
our commercially reasonable efforts to register under the Securities Act the security issuable upon the exercise of the Warrants.

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Redemption Procedures. In the event that Holdco determines to
redeem the Warrants when the closing price of the shares of Class A Common Stock equals or exceeds $18.00 per share or $10.00 per share
pursuant to the Warrant Assumption Agreement, Holdco will fix a date for the redemption. Notice of redemption will be mailed by first
class mail, postage prepaid, by Holdco not less than thirty (30) days prior to the redemption date to the registered holders of the Warrants
to be redeemed at their last addresses as they appear on the registration books. Any notice mailed in the manner herein provided will
be conclusively presumed to have been duly given whether or not the registered holder received such notice.

Maximum Percentage