Company: RAIN
Filing Date: 2025-02-12
Form Type: 424B3
Source: 0001213900-25-012904
Chunk: 117

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-02-12
Form: 424B3
Chunk 117
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 RET’s liquidity, cash flows, costs of operating in the period included in the financial statements in this prospectus. This change did not impact the amounts previously reported for RET’s cash, operating expenses or total cash flows from operations for the affected years. For further details on this restatement, refer to Note 2 to RET’s audited financial statements included elsewhere in this prospectus.

Sales under this Registration Statement

Sales of a substantial number of shares of our Class A Common Stock
in the public market by the selling shareholders and/or by our other existing shareholders, or the perception that those sales might occur,
could depress the market price of shares of our Class A Common Stock. We are unable to predict the effect that such sales may have on
the prevailing market price of shares of our Class A Common Stock. The total shares of Class A Common Stock available for resale represent
a substantial percentage of our total outstanding shares of Class A Common Stock and a multiples of our public float as of the date of
this prospectus. The selling shareholders can sell, under this prospectus, up to 5,914,057 shares of our Class A Common Stock, constituting
approximately 78.6% of our outstanding shares of Class A Common Stock as of February 10, 2025 and approximately 242.3% of the approximately
2,441,042 shares of Class A Common Stock in the public float as of February 10, 2025. Further, the certain of the selling shareholders
beneficially own a significant percentage of our Class A Common Stock. Harry You and his affiliates beneficially owns approximately 32.2%
of our outstanding Class A Common Stock (assuming the cash exercise of all Options held by him), Paul Dacier and his affiliates beneficially
owns approximately 24.7% of our outstanding Class A Common Stock, the Previous Sponsor beneficially owns approximately 13.5% of our outstanding
Class A Common Stock, and Niccolo de Masi beneficially owns approximately 9.8% of our outstanding Class A Common Stock (assuming the cash
exercise of all Options held by him). Following the expiration of applicable lock-up periods (generally, 2 years following the Closing)
all such shares may be resold for so long as the registration statement, of which this prospectus forms a part, is available for use.
The sale of all shares being offered in this prospectus could result in a significant decline in the public trading price of our Class
A Common Stock. See “