Company: RAIN
Filing Date: 2025-04-25
Form Type: 424B3
Source: 0001213900-25-035587
Chunk: 209

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-04-25
Form: 424B3
Chunk 209
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 or terminate the lease. As of December 31, 2024 and 2023, there were no lease agreements in place.

<div align='center'>F-11</div>

Income Taxes

The Company follows the asset and liability method of accounting for
income taxes under FASB ASC 740, “Income Taxes” (“ASC 740”). Deferred tax assets and liabilities are recognized
for the estimated future tax consequences attributable to differences between the consolidated financial statements carrying amounts of
existing assets and liabilities and their respective tax basis. Deferred tax assets and liabilities are measured using enacted tax rates
expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled.

The effect on deferred tax assets and liabilities of a change in tax
rates is recognized in income in the period that included the enactment date. Valuation allowances are established, when necessary, to
reduce deferred tax assets to the amount expected to be realized. As of December 31, 2024 and 2023, the Company had approximately $824,000 and $156,000, respectively, in deferred tax assets.

ASC 740 prescribes a recognition threshold and a measurement attribute
for the consolidated financial statements recognition and measurement of tax positions taken or expected to be taken in a tax return.
For those benefits to be recognized, a tax position must be more likely than not to be sustained upon examination by taxing authorities.
There were no unrecognized tax benefits as of December 31, 2024 and 2023. The Company recognizes accrued interest and penalties related
to unrecognized tax benefits as income tax expense. No amounts were accrued for the payment of interest and penalties as of December 31,
2024 and 2023. The Company is currently not aware of any issues under review that could result in significant payments, accruals or material
deviation from its position. The Company is subject to income tax examinations by major taxing authorities since inception.

Net Loss Per Common Share

Net loss per share of common stock is computed
by dividing net loss by the weighted average number of shares of common stock outstanding during the periods. As of December 31, 2024
and 2023, the Company did not have any dilutive securities and other contracts that could, potentially, be exercised or converted into
shares of common stock and then share in the earnings of the Company. As a result, diluted loss per share is the same as basic loss per
share for the periods presented.

The net loss per share presented in the