Company: RAIN
Filing Date: 2025-01-31
Form Type: S-1
Source: 0001213900-25-008536
Chunk: 117

Company: Rain Enhancement Technologies Holdco, Inc.
Filing Date: 2025-01-31
Form: S-1
Chunk 117
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 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
5,914,056 shares of our Class A Common Stock, constituting approximately 78.7% of our outstanding shares of Class A Common Stock
as of January 30, 2025 and approximately 242.3% of the approximately 2,441,042 shares of Class A Common Stock in the public float as
of January 30, 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 32.3% 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 24.6% 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 “Risk Factors — Sales of a substantial number of shares of Class A Common Stock in the public market, particularly sales by our executive officers, directors and significant shareholders, or the perception that these sales could occur, could cause the market price of Class A Common Stock to decline.”

Principal Factors Affecting Our Results of Operations and Material Trends

RET’s future results
are expected to be impacted by the general economic environment, as well as conditions and trends relating to demand for rain generation
services, and other factors including the successful development of the technology, enhancement of our propriety position, seasonality