Company: RAIN
Filing Date: 2025-04-16
Form Type: 10-K
Source: 0001213900-25-032239
Chunk: 555

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-04-16
Form: 10-K
Item: Item 2
Chunk 555
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 deep expertise in meteorology and climatology. 

Lyman Dickerson has
served on the Board as an independent director of Rain Enhancement Technologies Holdco Inc. since the Company went public on December
31, 2024. Mr. Dickerson serves on the board of Ecolutia Services AG, a Swiss privately held industrial water treatment company providing
services worldwide. Mr. Dickerson is a co-founder of Ecolochem, Inc., a provider of outsourced industrial water treatment services for
a wide range of industries including power, refining, chemical, pulp and paper, automotive, electronics, and pharmaceuticals, and served
as Ecolochem’s President and Chief Executive Officer from 1973 to 2003. In November 2003, Ecolochem was sold to Ionics, Inc., and
Mr. Dickerson subsequently became a Vice President of Ionics, with responsibility for Ionics’ Ecolochem and industrial water divisions.
In February 2005, Ionics was acquired by General Electric. Mr. Dickerson has previously served on the Board of Directors for Ionics (from
February 2004 to February 2005) and Ecolochem. He received a B.A. from East Carolina University and a Master in Business Administration
(MBA) from the University of Miami. We believe Mr. Dickerson is qualified to serve as a member of the Board because of his more than thirty
years of operating experience in the water industry, including as CEO of the largest outsourced water services provider to the U.S. power
industry.

54

Christopher Riley has
served as a member of the board of directors of Rain Enhancement Technologies Holdco, Inc. since the Company went public on December 31,
2024. Previously, Mr. Riley served as interim Co-Chief Executive Officer of Holdco from December 31, 2024 until January 30, 2025, and
as Chief Executive Officer of RWT from June 21, 2024 until January 30, 2025 and a member of its board of directors from October 7, 2024
until December 31, 2024. Currently, Mr. Riley is the Chief Revenue Officer of Xerox IT Solutions, a position he has held since January
2025. Additionally, Mr. Riley’s company, Winning Edge Advisors, has provided consulting services since November 2023, and has served
and will continue to serve as a strategic consultant to ITsavvy, a