Company: RAIN
Filing Date: 2025-04-18
Form Type: POS AM
Source: 0001213900-25-033116
Chunk: 160

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-04-18
Form: POS AM
Chunk 160
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 of Class A Common Stock underlying the Warrants, multiplied by the excess of the “fair market value” (defined below) less the exercise price of the warrants by (y) the fair market value and (B) 0.361. The “fair market value” as used in the preceding sentence shall mean the volume weighted average price of the shares of Class A Common Stock for the 10 trading days ending on the trading day prior to the date on which the notice of exercise is received by the warrant agent. Redemption of Warrants when the price per share of Class A Common Stock equals or exceeds $18.00 Once the Warrants become exercisable, we may redeem the warrants:

| ● | in whole and not in part; |

| ● | at a price of $0.01 per Warrant; |

| ● | upon not less than 30 days’ prior written notice of 
 redemption to each warrant holder; and              |

| ● | if, and only if, the last reported sale price of shares of                                                                                   
 the Class A Common Stock for any 20 trading days within a 30-trading day period ending on the third trading day prior to the date on         
 which we send the notice of redemption to the warrant holders (which we refer to as the “Reference Value”) equals or exceeds                 
 $18.00 per share (as adjusted for adjustments to the number of shares issuable upon exercise or the exercise price of a warrant as described 
 under the heading “— Redeemable Warrants — Anti-dilution Adjustments”).                                                                      |

We will not redeem the Warrants as described above unless a registration statement under the Securities Act covering the issuance of shares of the Class A Common Stock issuable upon exercise of the Warrants is then effective and a current prospectus relating to those shares of Class A Common Stock is available throughout the 30-day redemption period. If and when the Warrants become redeemable by us, we may exercise our redemption right even if we are unable to register or qualify the underlying securities for sale under all applicable state securities laws. We have established the last of the redemption criterion discussed above to prevent a redemption call unless there is at the time of the call a significant premium to the warrant exercise price. If the foregoing conditions are satisfied and we issue a notice of redemption of the Warrants, each warrant holder will be entitled to exercise his, her or its warrant prior to the scheduled redemption date. However, the price of the shares of Class A Common Stock may fall below