Company: RAIN
Filing Date: 2025-04-16
Form Type: 10-K
Source: 0001213900-25-032239
Chunk: 674

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-04-16
Form: 10-K
Item: Item 3
Chunk 674
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 it possesses sole or shared voting or investment power over that security, including options, warrants,
and other derivative securities that are currently exercisable or exercisable within 60 days. In the table below, shares issuable upon
the exercise of Options that are currently exercisable or exercisable within 60 days are considered outstanding and beneficially owned
by the person holding such Options for the purpose of computing the percentage ownership of that person but are not treated as outstanding
for the purpose of computing the percentage ownership of any other person. Accordingly, percentages presented in the table may not sum
to 100%.

Voting power represents the combined voting
power of shares of Class A Common Stock and Class B Common Stock owned beneficially by such person. On all matters to be voted upon, holders
of Class A Common Stock will be entitled to cast one vote per share and holders of Class B Common Stock will be entitled to cast 15 votes
per share. Generally, holders of all classes of common stock vote together as a single class.

62

Unless otherwise indicated, Holdco believes
that all persons named in the table below have sole voting and investment power with respect to all shares of voting shares beneficially
owned by them.

    Name and Address of Beneficial Owner(1) 
    Number of
 Shares of
 Class A
 Common Stock  
    % of 
Class  
    Number of
 Shares of
 Class B
 Common Stock  
    % of
 Class  
    % Total
 Voting
 Power 
  
    5% Holders 

    Harry L. You(2) 
     2,886,343  
     32.20% 
     23,101  
     40.00% 
     32.89%
  
    Paul T. Dacier(3) 
     1,861,277  
     24.72% 
     18,481  
     32.00% 
     25.47%
  
    Coliseum Acquisition Sponsor LLC(4) 
     1,017,155  
     13.15% 
     —  
     —  
     12.12%
  
    Stevenson School(5) 
     500,000  
     6.64% 
     —  
     —  
     5.96%
  
    ColoredRings LLC(6) 
     450,000