Company: RAIN
Filing Date: 2025-11-13
Form Type: 424B3
Source: 0001213900-25-110123
Chunk: 25

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-11-13
Form: 424B3
Chunk 25
---
 Fair Value Hierarchy 
 Level 1              |   |     | Level 2 |         |     | Level 3 |        |     | Total |         |
|:------------------------------------|:----|:---------------------|:--|:----|:--------|--------:|:----|:--------|-------:|:----|:------|--------:|
| Warrant liability – Public Warrants |     | $                    | - |     | $       | 825,000 |     | $       |      - |     | $     | 825,000 |
| Shortfall payment liability         |     |                      | - |     |         |       - |     |         | 20,636 |     |       |  20,636 |
| Total financial liabilities         |     | $                    | - |     | $       | 825,000 |     | $       | 20,636 |     | $     | 845,636 |

December 31, 2024

| Financial liabilities:              |     | Fair Value Hierarchy 
 Level 1              |   |     | Level 2 |         |     | Level 3 |        |     | Total |         |
|:------------------------------------|:----|:---------------------|:--|:----|:--------|--------:|:----|:--------|-------:|:----|:------|--------:|
| Warrant liability – Public Warrants |     | $                    | - |     | $       | 350,000 |     | $       |      - |     | $     | 350,000 |
| Shortfall payment liability         |     |                      | - |     |         |       - |     |         | 20,636 |     |       |  20,636 |
| Total financial liabilities         |     | $                    | - |     | $       | 350,000 |     | $       | 20,636 |     | $     | 370,636 |

The Warrants are listed on the Nasdaq under the
ticker “RAINW”. As of September 30, 2025 and December 31, 2024, the fair value measurements for the Warrants were classified
as Level 2 due to low trading volume.

During the three and nine months ended September
30, 2025, there were no transfers between levels of the fair value hierarchy.

Note 9 — Stockholders’ Deficit