Company: RAIN
Filing Date: 2025-02-12
Form Type: 424B3
Source: 0001213900-25-012904
Chunk: 63

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-02-12
Form: 424B3
Chunk 63
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co.

The Dual Class Structure may have the effect of concentrating voting control with the holders of Class B Common Stock.

Holdco has a dual class stock structure in which shares of Class A
Common Stock each have one vote per share and shares of Class B Common Stock have fifteen votes per share. Immediately after giving effect
to the Business Combination, there were 7,471,678 shares of Class A Common Stock outstanding (7,528,761 shares after giving effect to
the additional PIPE closings on January 29, 2025 and February 6, 2025), 57,752 shares of Class B Common Stock outstanding, 5,000,000 shares
of Class A Common Stock issuable upon the exercise of outstanding Warrants, and 2,150,838 shares of Class A Common Stock issuable upon
the exercise of outstanding Options. Class B Common Stock is exclusively held by the RET Founders, which moderately increases their voting
control. See “Risk Factors — The RET Founders have substantial control over Holdco, which could limit other shareholders’ ability to influence corporate matters and could delay or prevent a change in corporate control.”

Further, Holdco has the ability to issue additional
shares of Class B Common Stock without your consent. If additional shares of Class B Common Stock are issued in a financing or other transaction,
whether to the RET Founders or to third parties, such shares would give the holder increased voting power as compared to shares of Class
A Common Stock.

The requirements of being a public company may strain Holdco’s resources and distract management and we will incur substantial costs as a result of being a public company.

Holdco is subject to the reporting requirements of the Exchange Act,
the Sarbanes-Oxley Act, and the Securities Act. These rules, regulations and requirements are extensive. We will incur significant costs
associated with our public company corporate governance and reporting requirements. The Exchange Act requires, among other things, that
we file annual, quarterly and current reports with respect to our business and operating results. The Sarbanes-Oxley Act requires, among
other things, that we maintain effective disclosure controls and procedures and internal control over financial reporting. In order to
maintain and, if required, improve our disclosure controls and procedures and internal control over financial reporting to meet this standard,
significant resources and management oversight may be required. As a result, management’s attention may be diverted from other business
concerns, which could adversely affect our business and operating results. We