Company: RAIN
Filing Date: 2025-04-25
Form Type: 424B3
Source: 0001213900-25-035587
Chunk: 21

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-04-25
Form: 424B3
Chunk 21
---
 up to September 25, 2024 (which extension removed prior required monthly extension payments), 3,001,840 shares were redeemed
at a per share price of approximately $10.70, for an aggregate redemption payment of approximately $32.1 million; (iii) in connection
with the extension from September 25, 2024 to December 25, 2024, 1,089,249 public shares were redeemed at a per share price of approximately
$11.18 per share, for an aggregate redemption payment of approximately $12.2 million, and (iv) in connection with the extension from December
25, 2024 to December 31, 2024, 856,188 public shares were redeemed at a per share price of approximately $11.39, for an aggregate redemption
payment of approximately $9.7 million. In total, an aggregate of 14,276,586 shares were redeemed in connection with extensions and the
business combination, representing approximately 95.2% of the 15,000,000 shares issued in Coliseum’s initial public offering.

Of the 5,914,057 shares of Class A Common Stock that may be sold by
the selling shareholders under this prospectus, an aggregate of 5,790,500 shares are subject to a two-year lockup pursuant to the terms
of the Lock-Up Agreement, representing the shares issued as consideration for the shares of common stock of RWT and pursuant to the terms
of the Business Combination Agreement, the shares issued as consideration for former founder shares of Coliseum pursuant to the terms
of the Business Combination Agreement, the shares issued in the Warrant Exchange, and the shares issuable upon exercise of the Options;
an aggregate of 5,000 shares are subject to a one-year lock-up pursuant to the terms of an agreement between Holdco and the vendor to
whom such shares were issued; and an aggregate of 118,557 shares are not subject to any lockup, representing the shares issued pursuant
to the PIPE Subscription Agreement. For more information about the transfer restrictions that apply to the shares being registered for
resale hereby, see “Information About the Offered Shares” and “Securities Act Restrictions on Resale of Securities – Lock-Up Restrictions.”

The 5,914,057 shares of Class A Common Stock that
may be sold by the selling shareholders under this prospectus represents approximately 78.6% of the 7,528,761 outstanding shares of Class