Company: RAIN
Filing Date: 2025-04-18
Form Type: POS AM
Source: 0001213900-25-033116
Chunk: 207

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-04-18
Form: POS AM
Chunk 207
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 immediately after the completion of the Business Combination, (iii) automatically upon the occurrence of a transfer of Holdco Class B Common Stock that is not a Permitted Transfer, and (iv) automatically on the date specified by the affirmative vote of the holders of Holdco Class B Common Stock representing not less than two-thirds (2∕3) of the voting power of the Holdco Class B Common Stock. The Holdco Class A Common Stock and the Holdco Class B Common Stock have identical economic rights, including dividend and liquidation rights. Holdco Preferred Stock As of December 31, 2024 and 2023, there was nopreferred shares outstanding, as retroactively restated to reflect the Business Combination. Holdco Class A Common Stock In connection with the Business Combination, Holdco converted an aggregate of (i) 723,414Coliseum public shares and (ii) 3,750,000Coliseum founder shares into Holdco Class A Common Stock on a one-to-one ratio and also converted 3,750,000Coliseum private placement warrants into 806,250Holdco Class A Common Stock, for an aggregate of 5,279,664shares of Holdco Class A Common Stock. Also, in connection with the Business Combination, Holdco also converted an aggregate of 1,232shares of RWT legacy preferred stock and 250shares of RWT legacy Class A common stock into 2,125,539shares of Holdco Class A Common Stock based on an exchange ratio equal to approximately 1,434. F-18

In addition, at Closing, the Company issued
shares of Holdco Class A Common Stock to a third-party consulting firm. Holdco estimated that the fair value of such shares was approximately
$, based on the redemption price of approximately $ at Closing.

As of December 31, 2024 and 2023, the Company
had an aggregate of and shares of Class A Common Stock issued and outstanding, as retroactively restated to reflect
the Business Combination, respectively.

Holdco Class B Common Stock

As of December 31, 2024 and 2023, the Company
had an aggregate of and shares of Class B Common Stock issued and outstanding, as retroactively restated to reflect the Business
Combination, respectively.

Stock Options

On August 23, 2024, the Company granted
and options, as retroactively restated to reflect the Business Combination, to purchase RWT’s Class A common
stock to Harry You