Company: RAIN
Filing Date: 2025-04-16
Form Type: 10-K
Source: 0001213900-25-032239
Chunk: 44

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-04-16
Form: 10-K
Item: Item 1
Chunk 44
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 limit the scope of RWT’s marketplace, but make it uneconomical for RWT to carry out its business in certain locations,
thus negatively affecting RWT’s financial condition and results of operations.

RWT may also be required to comply with economic and trade sanctions
administered by governments in the areas in which we currently operate, and where we may operate in the future, including the U.S. government
(including without limitation regulations administered and enforced by the U.S. Department of the Treasury’s Office of Foreign Assets
Control (“OFAC”) and the U.S. Department of State) and the Council of the European Union. These economic and trade sanctions
prohibit or restrict transactions to or from or dealings with certain specified countries, regions, their governments and, in certain
circumstances, their nationals, and with individuals and entities that are specially-designated, such as individuals and entities included
on OFAC’s List of Specially Designated Nationals. Any future economic and trade sanctions imposed in jurisdictions where we operate
could negatively impact our business, financial condition, and results of operations.

26

RWT’s ability to expand in certain locations is subject
to land restriction policies and permits which we may fail to obtain or which may be terminated or not renewed by governmental authorities.

RWT’s business is subject to regulation, including with respect
to acquiring and renewing the required authorizations, permits, concessions and/or licenses from the relevant governmental regulatory
bodies necessary to perform operations in specific, regulated areas. In order to successfully operate RWT’s technology, it will
need to obtain, or be in the process of obtaining, all material authorizations, permits, concessions and licenses required to conduct
its rainfall generation operations.

It may be difficult to receive the required permits, which may require
RWT’s management team to divert its attention from other aspects of its business, or it may be more capital intensive or a more
time consuming process than expected to receive permits, either of which could increase costs and delay the launch of its products. Furthermore,
if RWT does not comply with the requirements set forth in the permits, RWT could lose the granted permits or not receive them at all.

These authorizations, permits, concessions and licenses are also subject
to RWT’s compliance with conditions imposed and regulations promulgated by the relevant governmental authorities. While RWT anticipates
that all required authorizations, permits, concessions and environmental licenses or their renewals will be granted as and when sought,
there is no