Company: RAIN
Filing Date: 2025-04-16
Form Type: 10-K
Source: 0001213900-25-032239
Chunk: 532

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-04-16
Form: 10-K
Item: Item 2
Chunk 532
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 Certain information contained in the discussion
and analysis set forth below includes forward-looking statements. Our actual results may differ materially from those anticipated in
these forward-looking statements as a result of many factors, including those set forth under “Cautionary Note Regarding Forward-Looking
Statements,” “Item 1A. Risk Factors” and elsewhere in this Annual Report on Form 10-K.

Unless otherwise indicated or the context
otherwise requires, references in this Holdco Management’s Discussion and Analysis of Financial Condition and Results of Operations
to the company, “we,” “us” “our,” “Holdco” and other similar terms refer to Rain Enhancement
Technologies Holdco, Inc. on a consolidated basis.

MANAGEMENT’S DISCUSSION AND ANALYSIS
OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

Overview

We were founded to provide the world with reliable
access to water, one of life’s most important resources. To achieve this mission, we aim to develop, manufacture and commercialize
ionization rainfall generation technology.

We are combining unique expertise and personnel to develop, improve
and undertake efforts to commercialize ionization rainfall generation technology that enhances rainfall when conditions are appropriate
in the atmosphere. We are building our core platform with software, meteorology, hardware, product design and operations to make rainfall
generation more dependable. We aim to improve on existing rainfall generation technologies by introducing robust measurement tools, including
automation technology, rain gauges, and weather stations, to more precisely quantify the positive water benefit it expects to deliver
to millions globally.

We intend to develop, invent, improve, manufacture, commercialize and
operate technologies that enhance rainfall and elevate water reserves. We believe that our future services will yield potable water that
can be used for all purposes. The projected cost (not including land costs, which are still being determined) and energy requirements
for our future technology are modest on a per gallon basis for communities and ecosystems, estimated to be $0.10 per cubic meter, approximately
10 times less than other alternative technologies. We aim to enhance agricultural, industrial and household water supplies for all the
communities in which we operate by developing technology and services to serve governmental and commercial clients’ needs in creating
water resiliency and abundancy.

Our business model is based on a unique one-to-many community-centric
business model. The numerous client segments to which we market includes large landowners including agriculture, resorts, energy and transportation
companies, insurance and reinsurance companies, decarbonization initiatives