Company: RAIN
Filing Date: 2025-01-07
Form Type: 8-K
Source: 0001213900-25-001708
Chunk: 0

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-01-07
Form: 8-K
Item: Item 2.03
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Item
2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The
information with respect to the Loan Agreement set forth under Item 1.01 of this Current Report is incorporated herein by reference.

Item
3.02. Unregistered Sales of Equity Securities.

In
connection with the Closing of the Business Combination, on December 31, 2024, Holdco issued 61,474

In
connection with the Business Combination, pursuant to the terms of the Business Combination Agreement, on December 31, 2024, Holdco issued
2,125,540 shares of Holdco Class A Common Stock and 57,752 shares of Holdco Class B Common Stock to the former holders of RET Class A
common stock and RET Class B common stock.

In
connection with the Business Combination, pursuant to the terms of the Warrant Exchange Agreement, on December 31, 2024, Holdco issued
an aggregate of 806,250 shares of Holdco Class A Common Stock to the former holders of Coliseum
Private Placement Warrants.

In
connection with the Business Combination, on December 31, 2024, Holdco issued an aggregate of 5,000 shares of Holdco Class A Common Stock
to a vendor as consideration for services rendered.

The shares of Holdco Class
A Common Stock issued to the PIPE Investors pursuant to the PIPE Subscription Agreements, the shares of Holdco Class A Common Stock and
Holdco Class B Common Stock issued to the RET shareholders pursuant to the Business Combination Agreement, the shares of Holdco Class
A Common Stock issued pursuant to the Warrant Exchange, the shares of Holdco Class A Common Stock issued to the vendor, and the NRA Shares
issued by Coliseum prior to the Closing (which shares were subsequently exchanged at the Closing pursuant to the Business Combination
Agreement for shares of Holdco Class A Common Stock that were registered on Holdco’s Form S-4 registration statement) have not been
registered under the Securities Act and have been issued in reliance upon the exemption provided in Section 4(a)(2) of the Securities
Act and/or Rule 506 of Regulation D promulgated under the Securities Act, as a transaction by an issuer not involving a public offering.

Item
3.03. Material Modification to Rights of Security Holders.

The
disclosure set forth under Item 5.03 of this Current Report is incorporated herein by reference.

Item