Company: RAIN
Filing Date: 2025-04-25
Form Type: 424B3
Source: 0001213900-25-035587
Chunk: 1

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-04-25
Form: 424B3
Chunk 1
---
1 per share (the “Class
B Common Stock”) of the Company, issued to the former RWT shareholders upon the closing of the Business Combination as consideration
for their shares of Class B common stock of RWT, and such shares of RWT Class B common stock were originally purchased at an effective
purchase price of approximately $2.16 per share; (iii) 2,150,838 shares of Class A Common Stock issuable upon the exercise of vested options
to purchase Class A Common Stock (“Options”) at an exercise price of $2.06 per share, which were issued upon the conversion
of RWT’s outstanding options pursuant to the Business Combination Agreement, (iv) 650,120 shares of Class A Common Stock issued
to Harry You and his affiliates upon the closing of the Business Combination as consideration for former founder shares of Coliseum pursuant
to the terms of the Business Combination Agreement, which were purchased by Mr. You from Coliseum Acquisition Sponsor LLC (the “Previous
Sponsor”) in June 2023 for an aggregate purchase price of $1.00 plus the obligation to fund certain contributions to Coliseum’s
trust account (Mr. You funded an aggregate of $650,000 of such contributions); (v) 806,250 shares of Class A Common Stock issued at the
closing of the Business Combination upon the exchange of private placement warrants of Coliseum pursuant to the Warrant Exchange Agreement
dated December 17, 2024, between Coliseum, the Company, and the holders of such Coliseum private placement warrants (the “Warrant
Exchange Agreement”), and such Coliseum private placement warrants were initially purchased at a price of $1.50 per warrant; (vi)
118,557 shares of Class A Common Stock issued to investors (the “PIPE Investors”) pursuant to the terms of the Subscription
Agreements between the PIPE Investors and the Company (the “PIPE Subscription Agreements”), at a price of approximately $11.39
per share (the “PIPE Investment”); and (vii) 5,000 shares of Class A Common Stock issued to a vendor as consideration for
services rendered.

We will receive the proceeds from any exercise
of the Warrants for cash, but not from the net share exercise of any Warrants or from the resale of any shares of Class A Common Stock
by the selling shareholders pursuant to this prospectus. Each Warrant entitles the holder thereof to purchase one share of Class A Common
Stock at an initial exercise price