Company: RAIN
Filing Date: 2025-04-25
Form Type: 424B3
Source: 0001213900-25-035587
Chunk: 81

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-04-25
Form: 424B3
Chunk 81
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 statute.

Chapter 110C of the Massachusetts General Laws (1) subjects an offeror
to certain disclosure and filing requirements before such offeror can proceed with a takeover bid, defined to include any acquisition
of or offer to acquire stock by which, after acquisition, the offeror would own more than 10% of the issued and outstanding equity securities
of a target company and (2) provides that, if a person (together with its associates and affiliates) beneficially owns more than 5% of
the stock of a Massachusetts corporation, such person may not make a takeover bid if during the preceding year such person acquired any
of the subject stock with the undisclosed intent of gaining control of the corporation. The statute contains certain exceptions to these
prohibitions, including if the board of directors approves the takeover bid, recommends it to the corporation’s shareholders and
the terms of the takeover are furnished to shareholders. The validity of Chapter 110C has been called into questioned by a 1982 US Supreme
Court decision that invalidated a similar law in the state of Illinois.

The Holdco A&R Articles include an election not to be governed
by the control share acquisition statute, Chapter 110D, or the business combination statute, Chapter 110F of the Massachusetts General
Laws.

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The provisions of the Holdco A&R Articles requiring exclusive forum in the courts of the Commonwealth of Massachusetts and the federal district courts of the United States for certain types of lawsuits may have the effect of discouraging lawsuits against our directors and officers.

The Holdco A&R Articles provides that, to the fullest extent permitted
by law, and unless Holdco consents in writing to the selection of an alternative forum, the courts of the Commonwealth of Massachusetts
(or, in the event that the courts of Massachusetts does not have jurisdiction, the federal district court for the District of Massachusetts
or other state courts of the Commonwealth of Massachusetts) will be the sole and exclusive forum for (i) any derivative action, suit or
proceeding brought on Holdco’s behalf, (ii) any action, suit or proceeding asserting a claim of breach of a fiduciary duty owed
by any director, officer or stockholder of Holdco to Holdco or Holdco’s stockholders, (iii) any action, suit or proceeding arising
pursuant to any provision of the MBCA or the Holdco A&R Articles or Holdco A&R Bylaws (as each may be amended from