Company: RAIN
Filing Date: 2025-08-14
Form Type: 424B3
Source: 0001213900-25-076764
Chunk: 11

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-08-14
Form: 424B3
Chunk 11
---
 unaudited condensed consolidated financial
statements are presented in U.S. dollars in conformity with accounting principles generally accepted in the United States of America (“U.S.
GAAP”) and pursuant to the rules and regulations of the U.S. Securities and Exchange Commission (the “SEC”) for interim
financial information. Certain disclosures normally included in financial statements have been condensed or omitted from these unaudited
condensed consolidated financial statements as they are not required for interim financial statements under GAAP and the rules of the
SEC. Accordingly, these unaudited condensed consolidated financial statements do not include all the information and footnotes necessary
for a comprehensive presentation of financial position, results of operations, or cash flows. In the opinion of management, all adjustments
(consisting of normal accruals) considered for a fair presentation of the financial position, operating results and cash flows for the
periods presented have been included. Operating results for the three and six months ended June 30, 2025 are not necessarily indicative
of the results that may be expected for the year ending December 31, 2025 or any future period.

The accompanying unaudited condensed consolidated
financial statements should be read in conjunction with the Company’s Annual Report Form 10-K as of December 31,
2024, as filed with the SEC on April 16, 2025, which contains the Company’s audited consolidated financial statements and notes
thereto.

Use of Estimates

The preparation of the unaudited condensed consolidated
financial statements in conformity with U.S. GAAP requires the Company’s management to make estimates and assumptions that affect
the reported amounts of assets, liabilities and expenses and disclosure of contingent assets and liabilities at the date of the unaudited
condensed consolidated financial statements. Actual results could differ from those estimates.

Cash and Cash Equivalents

The Company considers all highly liquid investments
with original maturities at the date of purchase of three and six months or less to be cash equivalents. Cash and cash equivalents are
stated at fair value and may include money market funds, U.S. Treasury and U.S. government-sponsored agency securities, corporate debt,
commercial paper, and certificates of deposit. The Company had no cash equivalents as of June 30, 2025 and December 31, 2024.

Financial Instruments

The fair value of the Company’s assets and
liabilities, which qualify as financial instruments under the FASB ASC Topic 820, “Fair Value Measurements and Disclosures,”