# EDGAR Filing Document

**Accession Number:** 0001858327
**File Stem:** 0001193125-23-079008
**Filing Date:** 2023-3
**Character Count:** 172259
**Document Hash:** 83a4653ef6d07fb9ed46490559dda2f5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-23-079008.hdr.sgml**: 20230324

**ACCESSION NUMBER**: 0001193125-23-079008

**CONFORMED SUBMISSION TYPE**: SC TO-I/A

**PUBLIC DOCUMENT COUNT**: 3

**FILED AS OF DATE**: 20230324

**DATE AS OF CHANGE**: 20230324

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** dMY Technology Group, Inc. VI
- **CENTRAL INDEX KEY:** 0001858327
- **STANDARD INDUSTRIAL CLASSIFICATION:** BLANK CHECKS [6770]
- **IRS NUMBER:** 863312690
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC TO-I/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-92918
- **FILM NUMBER:** 23759494

**BUSINESS ADDRESS:**
- **STREET 1:** 1180 NORTH TOWN CENTER DRIVE
- **STREET 2:** SUITE 100
- **CITY:** LAS VEGAS
- **STATE:** NV
- **ZIP:** 89144
- **BUSINESS PHONE:** 7027814313

**MAIL ADDRESS:**
- **STREET 1:** 1180 NORTH TOWN CENTER DRIVE
- **STREET 2:** SUITE 100
- **CITY:** LAS VEGAS
- **STATE:** NV
- **ZIP:** 89144

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TdMY Technology Group, Inc.
- **DATE OF NAME CHANGE:** 20210421
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** dMY Technology Group, Inc. VI
- **CENTRAL INDEX KEY:** 0001858327
- **STANDARD INDUSTRIAL CLASSIFICATION:** BLANK CHECKS [6770]
- **IRS NUMBER:** 863312690
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC TO-I/A

**BUSINESS ADDRESS:**
- **STREET 1:** 1180 NORTH TOWN CENTER DRIVE
- **STREET 2:** SUITE 100
- **CITY:** LAS VEGAS
- **STATE:** NV
- **ZIP:** 89144
- **BUSINESS PHONE:** 7027814313

**MAIL ADDRESS:**
- **STREET 1:** 1180 NORTH TOWN CENTER DRIVE
- **STREET 2:** SUITE 100
- **CITY:** LAS VEGAS
- **STATE:** NV
- **ZIP:** 89144

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TdMY Technology Group, Inc.
- **DATE OF NAME CHANGE:** 20210421

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**SECURITIES AND EXCHANGE COMMISSION** 

**WASHINGTON, DC 20549** 

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**SCHEDULE TO** 

**TENDER OFFER STATEMENT UNDER SECTION 14(D)(1) OR 13(E)(1)** 

**OF THE SECURITIES EXCHANGE ACT OF 1934** 

**(Amendment No. 5)** 

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## DMY TECHNOLOGY GROUP, INC. VI
**(Name of Subject Company (Issuer) and (Name of Filing Person (Issuer))** 

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**Class A common stock, par value $0.0001 per share** 

**(Title of Class of Securities)** 

**233247105** 

**(CUSIP Number of Class of Securities)** 

**c/o dMY Technology Group, Inc. VI** 

**1180 North Town Center Drive, Suite 100** 

**Las Vegas, Nevada 89144** 

**(702) 781-4313** 

**(Name, address, and telephone number of person authorized to receive notices and communications on behalf of filing persons)** 

***With a copy to:***

**Adam J. Brenneman** 

**Cleary Gottlieb Steen & Hamilton LLP** 

**New York, New York 10006** 

**(212) 225-2000** 

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☐ Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer.

Check the appropriate boxes below to designate any transactions to which the statement relates:

☐ Third-party tender offer subject to Rule 14d-1.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;☒ Issuer tender offer subject to Rule 13e-4

☐ Going-private transaction subject to Rule 13e-4

☐ Amendment to Schedule 13D under Rule 13d-2

☐ Check the following box if the filing is a final amendment reporting the results of the tender offer.

Check the appropriate boxes below to designate any transactions to which the statement relates:

☐ Rule 13e-4(i) (Cross-Border Issuer Tender Offer).

☐ Rule 14d-1(d) (Cross Border Third-Party Tender Offer).

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**AMENDMENT NO. 5 TO SCHEDULE TO** 

This Amendment No. 5 (this "Amendment") amends and supplements the Tender Offer Statement on Schedule TO ("Schedule TO") originally filed with the U.S. Securities and Exchange Commission (the "SEC") on December 30, 2022, as amended (together with any subsequent amendments and supplements thereto, the "Schedule TO"), relating to an offer by dMY Technology Group, Inc. VI, a blank check company incorporated in Delaware (the "Company" or "dMY VI"), pursuant to Rule 13e-4 under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), in connection with the Company's offer to purchase for cash up to 24,150,000 of its issued and outstanding shares of Class A common stock, par value $0.0001 per share (the "Common Stock"), at a purchase price of $10.231888 per share (the "Purchase Price"). The Purchase Price, which is a fixed amount, was determined by calculating the quotient obtained by dividing: (i) the aggregate amount expected to be on deposit in the Trust Account initially established to hold the proceeds of the initial public offering ("IPO") of dMY VI (the "Trust Account"), as of two business days prior to the Closing (as defined herein), including interest not previously released to dMY VI to pay its taxes (which will not include, for the avoidance of doubt, the Excise Tax, as defined herein), by (ii) the total number of then outstanding shares of Common Stock. The Company's offer is being made upon the terms and subject to certain conditions set forth in the Offer to Purchase, dated January 26, 2023 (the "Initial Offer to Purchase"), as amended and restated on March 3, 2023 and March 16, 2023 (the "Amended and Restated Offer to Purchase" and the "Second Amended and Restated Offer to Purchase", respectively, and together with the Initial Offer to Purchase, the "Offer to Purchase", as it may be amended or supplemented from time to time) and in the related Letter of Transmittal, filed on January 26, 2023, (the "Initial Letter of Transmittal"), as amended on March 3, 2023 (the "Amended Letter of Transmittal," together with the Initial Letter of Transmittal, the "Letter of Transmittal", as it may be amended or supplemented from time to time, and together with the Offer to Purchase, the "Offer"). This Schedule TO is intended to satisfy the reporting requirements of Rule 13e-4(e)(2) under the Exchange Act.

All information in the Second Amended and Restated Offer to Purchase and the Amended Letter of Transmittal, copies of which are attached to this Schedule TO as Exhibits (a)(1)(E) and (a)(1)(D), respectively, is hereby expressly incorporated by reference in response to all of the items in this Schedule TO, and as more particularly set forth below. This Amendment is being filed on behalf of the Company. Unless otherwise indicated, references to sections in this Schedule TO are references to sections of the Second Amended and Restated Offer to Purchase.

Items 1 through 11 of the Schedule TO, to the extent such Items incorporated by reference the information contained in the Second Amended and Restated Offer to Purchase, a copy of which was filed with the Schedule TO as Exhibit (a)(1)(E), are hereby amended and supplemented as follows in response to comments from the SEC and to reflect additional updates from the Company.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Adding a new third paragraph of the risk factor titled "*You may not have the same benefits as an investor in an underwritten public offering and may be subject to material risks present when a company is taken public through a business combination, including, but not limited to, the absence of due diligence conducted by an underwriter that would be subject to liability for any material misstatements or omissions in a registration statement"* starting on page 18 of the Second Amended and Restated Offer to Purchase to read as follows:

The $3.045 million total consideration to be paid to Sellers was the result of negotiation between the Sellers and representatives of dMY VI. In addition to the upfront value of the consideration offered to the Sellers, the Sellers considered how Rainwater Tech could benefit through a business combination with dMY VI, including the benefits of becoming a public company from the perspectives of talent attraction and access to capital, as well as the ability to make acquisitions using public equity currency. They also considered the track record and demonstrated ability of the dMY VI sponsor team in bringing a pioneering technology onto the public markets. The Rainwater Tech Sellers applied their business judgment in reviewing and agreeing to the total consideration with dMY VI. The Board of dMY VI, in consultation with dMY VI management and its financial and legal advisors, and utilizing its substantial experience in evaluating the operating and financial merits of companies, including in sectors relevant to water infrastructure and generation, considered a variety of factors in reaching the

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determination that the fair market value of Rainwater Tech is at least $200 million. In particular, the Board considered the analyses described below under the heading "*Valuation Analysis*." While the consideration to be paid to the Sellers implies a valuation that is lower than the fair market value determination reached by the Board, dMY VI believes the consideration to be paid to Sellers reflects current market conditions, the relative contribution of time and commitment the Sellers had devoted to Rainwater Tech as of the time of entry into the Share Purchase Agreement and the nascent stage of the Company, and is not reflective of the value proposition of the business for dMY VI and its stockholders described under the heading "*Valuation Analysis*."

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Adding the following sentences to the end of the last paragraph of the section "*Underwriting Agreement*" on page 111 of the Second Amended and Restated Offer to Purchase:

As of the date of this filing, Needham has received 5% of the upfront underwriting fees ($241,500) in connection with the dMY VI IPO that was consummated in October 2021, but otherwise has not received any other remuneration. To date, Needham has not been paid any fees for its financial advisor services with respect to this transaction. On December 20, 2022, dMY VI engaged Needham as its exclusive financial advisor to the Company and as its exclusive placement agent in connection with the Business Combination with Rainwater Tech. dMY VI agreed to pay Needham fees to be mutually agreed upon at a later date, solely in the event that the Company completes its Business Combination. Upon successful consummation of the Business Combination, dMY VI expects to pay Needham $1.0 million.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Pro forma footnote (g) on page 146 of the Second Amended and Restated Offer to Purchase is hereby amended
and supplemented to read as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) Reflects the repayment of working capital loans of approximately $295,000 as of December 31, 2022 upon
closing of the Transaction. In January 2023, dMY VI received additional loan proceeds in the amount of $86,000 under the working capital loans. dMY VI also plans to repay the additional working capital loan proceeds in full upon closing of the
Transaction. As a result, the additional loan proceeds and additional repayment does not have a net effect on the pro forma financial statements.

Certain of Rainwater Tech's and dMY VI's officers also paid an aggregate of approximately $17,000 and approximately $153,000, respectively, to cover for certain expenses and purchases on Rainwater Tech's behalf. As of December 31, 2022, Rainwater Tech recorded the full outstanding amount of approximately $170,000 owed to such officers in due to related parties in the accompanying historical balance sheet. On February 2, 2023, Rainwater Tech issued a promissory note (the "Note") to its CEO and certain officers of dMY VI for an aggregate amount of $600,000, of which approximately $153,000 was already lent by one of the officers of dMY VI as of December 31, 2022 as mentioned above. Rainwater Tech received the remaining cash proceeds of $447,000 under the Note in February 2023. The Note has an annual interest rate of 5% and shall be due and payable on August 1, 2023 ("Maturity Date"). Rainwater Tech plans to repay the Note in full upon its maturity date ("Maturity Date") out of the combined entity's operating cash account. The Company plans to consummate the Transaction prior to the Maturity Date. As a result, the unaudited pro forma combined financial statements reflect the full amount of the $170,000 due to related parties as fully outstanding.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) The second paragraph for pro forma footnote (h) on page 145 of the Second Amended and Restated Offer to
Purchase is hereby amended and supplemented to read as follows:

Upon the consummation of the Offer, we plan to use the cash available from the funds held in the Trust Account to purchase the shares of Common Stock validly tendered and not properly withdrawn pursuant to the Offer, and the balance will be released to us to fund our working capital and the growth of Rainwater Tech. The trust fund balance at Closing is estimated to be approximately $247,100,000, assuming no redemptions and excluding payment of transaction expenses and Seller Cash Consideration. Assuming all of the 24,150,000 shares are tendered for redemption, the remaining balance will be further reduced to $0. dMY VI intends to enter into Subscription Agreements (as defined in the Share Purchase Agreement) with PIPE Investors, pursuant to which, among other things,

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the PIPE Investors will agree to purchase from dMY VI, and not in the open market, certain shares of dMY VI's Class A Common Stock immediately prior to the consummation of the Business Combination at a cash purchase price of $10.00 per share. As of the date of this filing, the PIPE Investment process is ongoing, and dMY VI has entered into two Subscription Agreements for a total PIPE Investment of $200,000 to purchase a total of 20,000 shares of dMY VI's Class A Common Stock, par value $0.0001 per share, at a purchase price of $10.00 per share. dMY VI intends to enter into additional PIPE Subscription Agreements with PIPE Investors in the future. There is no guarantee that additional financing will be provided and if the conditions to the Offer are not satisfied and if accepting all properly submitted redemption requests would cause our net tangible assets to be less than $5,000,001, we will not be able to access the funds held in the Trust Account and thus will need to terminate or extend the Offer. The transactions with the PIPE investors might trigger the anti-dilution provision for the conversion rights to the holder for dMY VI's Class B common stock. On December 22, 2022, dMY VI entered into an agreement (the "Sponsor Support Agreement") with the holders for dMY VI's Class B common stock (the "initial shareholders"), pursuant to which the initial shareholders agreed to waive their rights to the anti-dilution adjustment for conversion ratio in connection with the Business Combination with Rainwater Tech. As a result, the Class B common stock will be converted into Class A common stock upon consummation of the transaction with Rainwater Tech on a one-for-one basis. The pro forma financial statements do not include the effect of the ongoing PIPE Investments.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) Pro forma footnote (aa) on page 147 of the Second Amended and Restated Offer to Purchase is hereby amended and
supplemented by including the following footnote under "Financial Advisory":

Represent fees potentially owed to Needham & Company, LLC ("Needham"), dMY VI's exclusive financial advisor to the Company and as its exclusive placement agent in connection with the possible Merger with Rainwater Tech. The Company agreed to pay Needham a fee to be mutually agreed upon at a later date. The unaudited combined pro forma financials reflects an estimate of $1.0 million for Needham fees.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) The table with historical results presented under the section "*SELECTED HISTORICAL FINANCIAL INFORMATION OF DMY VI*" on page 67 of the Second Amended and Restated Offer to Purchase is hereby deleted and replaced with the following:

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| | |
|:---|:---|
|  | **For the Year Ended<br>December 31, 2022** |
|  **Selected Historical Data:** |  |
|  **Statement of Operations** |  |
|  Total operating expenses | $3906472 |
|  Loss from operations | (3906472) |
|  Total other income | 26783918 |
|  Net income before income taxes | 22877446 |
|  Income tax expenses | 680665 |
|  Net income | $22196781 |
|  Basic and diluted net income per share, Class A common stock | $0.74 |
|  Weighted average shares outstanding of Class A common stock, basic and diluted | 24150000 |
|  Basic and diluted net income per share, Class B common stock | $0.74 |
|  Weighted average shares outstanding of Class B common stock, basic and diluted | 6037500 |
|  **Balance Sheet Data** |  |
|  Total assets | $245178900 |
|  Total liabilities | $6063421 |
|  Class A shares of common stock subject to possible redemption | $243922084 |
|  Total stockholders' equity | $(4806605) |

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) The table with selected summary unaudited pro forma combined financial information presented under the section
" *SELECTED UNAUDITED PRO FORMA COMBINED FINANCIAL INFORMATION*" on page 69 of the Second Amended and Restated Offer to Purchase is hereby deleted and replaced with the following:

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| | | |
|:---|:---|:---|
|  | **Pro Forma<br>Combined<br>(Assuming No<br>Redemptions)** | **Pro Forma<br>Combined<br>(Assuming<br>Maximum<br>Redemptions)** |
|  **Selected Unaudited Pro Forma Combined Statement of Operations – Year Ended December 31, 2022** |  |  |
|  Total expenses | $10748453 | $10748453 |
|  Operating loss | (10748453) | (10748453) |
|  Net income | $11908382 | $11908382 |
|  Basic and diluted net income per share | $0.39 | $1.46 |
|  Basic and diluted weighted average shares outstanding | 30457500 | 8131247 |
|  **Selected Unaudited Pro Forma Combined** |  |  |
|  **Balance Sheet Data as of December 31, 2022** |  |  |
|  Total assets | $239166449 | $12703690 |
|  Total liabilities | $4330227 | $4330227 |
|  Total stockholders' equity | $234836222 | $8373463 |

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h) The fifth and sixth paragraphs on page 76 of the Second Amended and Restated Offer to Purchase are hereby
deleted and replaced in their entirety with the following:

During the period from November 28, 2022 through the day of this filing, senior management of dMY VI and Needham & Company, LLC ("Needham"), financial advisor to dMY VI, have led a PIPE Investment process. Needham's role as financial advisor in this transaction has been to provide general financial and capital markets advice to dMY VI, as well as to assist as a placement agent concerning the potential PIPE Investment. In connection with the PIPE Investment process, representatives of dMY VI and Needham have gone out to investors from their respective networks to raise capital in connection with the proposed Business Combination.

As of the date of this filing, the PIPE Investment process is ongoing, and dMY VI has entered into two Subscription Agreements for a total PIPE Investment of $200,000 to purchase a total of 20,000 shares of dMY VI's Class A Common Stock, par value $0.0001 per share, at a purchase price of $10.00 per share. dMY VI intends to enter into additional PIPE Subscription Agreements with PIPE Investors in the future. dMY has filed the form of PIPE Subscription Agreement as Exhibit (d)(14) to the Schedule TO-I/A Amendment No. 5.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) The sixth bullet point under the paragraph "*In making its consideration, the dMY VI Board also considered, amongst other things, the following potential concerns of the Business Combination*" on page 80 of the Second Amended and Restated Offer to Purchase is hereby amended and supplemented to read as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The risk that dMY VI does not obtain sufficient proceeds from one or more PIPE Investments and that redemptions
would result in dMY VI having insufficient cash in the Trust Account to meet the requirements of the Business Combination and successful operation of Rainwater Tech following the closing;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(j) On pages 114 and 118 of the Second Amended and Restated Offer to Purchase, deleting in its entirety the
sentence "Mr. You is also the co-chief executive officer and chairman of dMY Squared Technology Group, Inc. and director of IonQ, Inc., of Coupang and of Broadcom." and replacing it with "Mr. You is also the chairman of dMY Squared
Technology Group, Inc. and director of IonQ, Inc., of Coupang and of Broadcom."

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(k) On pages 114 and 119 of the Second Amended and Restated Offer to Purchase, deleting in its entirety the
sentence "Mr. de Masi is also the co-chief executive officer and director of dMY Squared Technology Group, Inc. and director of Planet Labs, of IonQ, Inc., of Rush Street Interactive and of Genius Sports Limited." and replacing it with
"Mr. de Masi is also the chief executive officer and director of dMY Squared Technology Group, Inc. and director of Planet Labs, of IonQ, Inc., of Rush Street Interactive and of Genius Sports Limited."

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(l) The two paragraphs under the heading "*PIPE Subscription Agreements "*  starting on
page 150 of the Second Amended and Restated Offer to Purchase are hereby deleted and replaced in their entirety with the following:

In connection with entering into the Share Purchase Agreement, as of the date of this filing, dMY VI has entered into two Subscription Agreements for a total PIPE Investment of $200,000 to purchase a total of 20,000 shares of dMY VI's Class A Common Stock, par value $0.0001 per share, at a purchase price of $10.00 per share. dMY VI intends to enter into additional Subscription Agreements (as defined in the Share Purchase Agreement) with PIPE Investors, pursuant to which, among other things, the PIPE Investors will agree to purchase from dMY VI, and not in the open market, certain shares of Common Stock immediately prior to the consummation of the Business Combination at a purchase price of $10.00 per share. Such Subscription Agreements with PIPE Investors are not a Closing condition of, or otherwise necessary to, the Business Combination.

The Subscription Agreements contain customary representations, warranties, covenants and agreements of dMY VI and the PIPE Investors. The Subscription Agreements include customary closing conditions which include (i) absence of any amendment or modification to the Share Purchase Agreement that is material and adverse to the PIPE Investors; and (ii) the right to terminate the Subscription Agreements upon the earlier to occur of (a) such date and time as the Share Purchase Agreement is terminated in accordance with its terms, (b) the mutual written agreement of the parties to the Subscription Agreements or (c) if at the Closing of the Business Combination, any of the conditions to closing the Subscription Agreements have not been satisfied, such that the transactions contemplated in the Subscription Agreements have not been consummated by the Closing, other than as a result of breach by the terminating party.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(m) The following sentences are adjusted as indicated below.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. On page 7 of the Second Amended and Restated Offer to Purchase, deleting in its entirety the last paragraph and
replacing it with "If any of the conditions to the Business Combination are not satisfied, dMY VI, the Sellers or Rainwater Tech, as applicable, may choose to exercise any applicable right to terminate the Share Purchase Agreement. dMY VI
expects Rainwater Tech and the Sellers to waive the condition of approval for listing by NYSE of the Common Stock Consideration, to the extent that such approval is received with respect to NASDAQ. See "Risk Factors—Risks Relating to the
Offer and the Business Combination" and "The Share Purchase Agreement—Conditions to Closing." We refer to the conditions to the Offer and the Business Combination, as the "offer conditions." See "The Share Purchase
Agreement—Conditions to Closing" and "The Offer—Conditions of the Offer."

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. On page 14 of the Second Amended and Restated Offer to Purchase, deleting the second bullet point in its
entirety and replacing it with "the shares of Common Stock could be delisted from NYSE or not accepted by NASDAQ for listing if we do not meet applicable requirements;".

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. On page 16 of the Second Amended and Restated Offer to Purchase, deleting in its entirety the third bullet
point under the risk factor titled "*The Offer presents potential risks and disadvantages to us and our continuing stockholders"* and replacing it as follows:

the risk that the Offer may reduce our "public float," which is the number of shares owned by non-affiliate stockholders and available for trading in the securities markets, and the number of our stockholders, which may reduce the volume of trading in the Common Stock and may result in lower share prices and reduced liquidity in the trading of the Common Stock following

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completion of the Offer and limit our ability to meet NYSE or NASDAQ listing standards as applicable, including having the requisite number of round lot holders or stockholders. Please see risk factor entitled "NYSE could delist our Common Stock, which could limit investors' ability to transact in our securities and subject us to additional trading restrictions," below.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iv. On pages 19, 23, 120, 121 and 122 of the Second Amended and Restated Offer to Purchase deleting references to
"NYSE" and replacing it with "NYSE or NASDAQ, as applicable".

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;v. On pages 22, 33, 49, 95 and 107 of the Second Amended and Restated Offer to Purchase deleting references to
"NYSE" and replacing it with "NYSE or NASDAQ".

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vi. On page 22 of the Second Amended and Restated Offer to Purchase deleting the reference to "the NYSE
listing requirements" and replacing it with "the NYSE listing requirements or the NASDAQ listing requirements".

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;vii. On page 33 of the Second Amended and Restated Offer to Purchase, deleting in its entirety the risk factor
titled "*NYSE could delist our Common Stock, which could limit investors ' ability to transact in our securities and subject us to additional trading restrictions. "* and replacing it with the following:

***NYSE could delist our Common Stock, which could limit investors' ability to transact in our securities and subject us to additional trading restrictions.***

Our securities are listed on the NYSE, a national securities exchange. Our continued eligibility for listing may depend upon, among other things, the number of public shares that are redeemed. We intend to voluntarily delist from NYSE and, as of the closing of the Business Combination, list on the NASDAQ. We believe as of the Closing, we are more likely to meet the listing standards of NASDAQ. We cannot assure you that we will be able to remain in compliance with the NYSE or NASDAQ listing requirements, as applicable. If the NYSE, or, following the closing of the Business Combination, the NASDAQ, delists our securities, our public stockholders could face significant material adverse consequences, including:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• a limited availability of market quotations for our securities;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• reduced liquidity for our securities;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• a determination that our Common Stock are a "penny stock" which will require brokers trading in our
Common Stock to adhere to more stringent rules and possibly result in a reduced level of trading activity in the secondary trading market for our securities;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• a limited amount of news and analyst coverage; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• a decreased ability to issue additional securities or obtain additional financing in the future.

In addition, it is a condition to consummation to the Business Combination that our Common Stock shall have been approved for listing on NYSE, subject to completion of the Business Combination. dMY VI expects Rainwater Tech and the Sellers to waive the condition of approval for listing by NYSE of the Common Stock, to the extent that such approval is received with respect to NASDAQ. If our securities are delisted from NYSE, the Sellers could elect to terminate the Share Purchase Agreement and, as a result, we would not be able to complete the Business Combination, or another business combination, before the Business Combination Deadline.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;viii. On page 49 of the Second Amended and Restated Offer to Purchase, deleting in its entirety the twelfth bullet
point under the section "FORWARD-LOOKING STATEMENTS" and replacing it as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• the continued listing of our securities on NYSE or new listing of our securities on NASDAQ and the ability to
meet the NYSE listing standards, and the potential delisting of our shares from NYSE;

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ix. Starting on page 89 of the Second Amended and Restated Offer to Purchase amending the heading titled
" *Conditions to Closing*" by adding the following fourth paragraph:

dMY VI expects Rainwater Tech and the Sellers to waive the Closing conditions of approval for listing by NYSE of the Common Stock Consideration, to the extent that such approval is received with respect to NASDAQ, related to the bringdown of representations and warranties that refer to NYSE, to the extent references to NYSE are replaced with NASDAQ.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;x. Starting on page 94 of the Second Amended and Restated Offer to Purchase, amending the third paragraph under
the heading "*Conditions to Closing*" by deleting it in its entirety and replacing it with the following:

dMY VI's units, Common Stock and warrants are currently listed on NYSE and dMY VI expects to list the Common Stock and warrants on NASDAQ at Closing; however we can provide no assurance that dMY VI will continue to meet the listing requirements of NYSE after the Business Combination or NASDAQ after the Closing. See "Risk Factors—Risks Relating to the Offer and Business Combination" and "—Risks Related to dMY VI."

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;xi. On page 107 of the Second Amended and Restated Offer to Purchase, deleting the second paragraph and replacing
it as follows:

Our Common Stock may be delisted if we fail to maintain certain NYSE listing requirements or, in the event we list on NASDAQ, certain NASDAQ listing requirements. There can be no assurance that we will be able to maintain compliance with the NYSE continued listing requirements or that our securities will continue to be listed on NYSE. See "Risk Factors—NYSE could delist our Common Stock, which could limit investors' ability to transact in our securities and subject us to additional trading restrictions."

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;xii. On page 125 of the Second Amended and Restated Offer to Purchase, deleting "continue to be listed on the
NYSE" and replacing it with "voluntarily delist from the NYSE and list on the NASDAQ".

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(n) Deleting in its entirety the "DMY TECHNOLOGY GROUP, INC. VI AUDITED FINANCIAL STATEMENTS" starting on
page F-1 of the Second Amended and Restated Offer to Purchase and replacing it with pages F-1 to F-21 of Exhibit (a)(5)(v) filed herewith. dMY VI had previously recognized a liability upon closing of its initial public offering in October 2021 for a
portion of the underwriter's commissions which was contingently payable upon closing of a future business combination, with the offsetting entry resulting in an initial discount to the securities sold in the initial public offering. The
underwriter waived all claim to this deferred commission in November 2022. The Company recognized the waiver as an extinguishment, with a resulting non-operating gain recognized in its statement of operations for the year ended December 31, 2022.
Upon subsequent review and analysis, including with the Company's independent auditors, dMY VI management concluded that the Company should have recognized the extinguishment of the contingent liability as a credit to stockholders'
deficit.

Therefore, the Company's management and the audit committee concluded that the Company's previously issued audited financial statements for the year ended December 31, 2022 on its Annual Report on Form 10-K filed with the SEC on March 3, 2023 should no longer be relied upon and that it is appropriate to restate the Annual Report. As a result, on March 24, 2023 dMY VI restated its Annual Report on Form 10-K/A to reflect the accounting treatment, which was filed with the SEC on March 24, 2023 and is filed as Exhibit (a)(5)(v) herein.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(o) In connection with (n), deleting in its entirety the disclosure in the section "MANAGEMENT'S
DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS OF DMY TECHNOLOGY GROUP, INC. VI" starting beneath the header "Overview" on page 108 of the Second Amended and Restated Offer to Purchase and replacing it with
the information under Item 7, Management's Discussion and Analysis of Financial Condition and Results of Operations on pages 37 to 42 of Exhibit (a)(5)(v) filed herewith.

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(p) Deleting in its entirety the section "*UNAUDITED PRO FORMA COMBINED FINANCIAL INFORMATION* "
starting on page 139 of the Second Amended and Restated Offer to Purchase and replacing it with Exhibit (a)(5)(vii) filed herewith.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(q) On page 32 of the Second Amended and Restated Offer to Purchase, deleting in its entirety the risk factor
titled "*Our internal controls over financial reporting may not be effective and our independent registered public accounting firm may not be able to certify as to their effectiveness, which could have a significant and adverse effect on our business and reputation.*" and replacing it with the following two risk factors:

***We have identified a material weakness in our internal controls over financial reporting, which could have a significant and adverse effect on our business and reputation, as well as adversely affect our ability to report our results of operations and financial condition accurately.***

As a public company, we are required to comply with the SEC's rules implementing Sections 302 and 404 of the Sarbanes-Oxley Act, which require management to certify financial and other information in our quarterly and annual reports and provide an annual management report on the effectiveness of internal control over financial reporting. Our management is likewise required, on a quarterly basis, to evaluate the effectiveness of our internal controls and to disclose any changes and material weaknesses identified through such evaluation in those internal controls. A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of our annual or interim financial statements will not be prevented or detected on a timely basis. To comply with the requirements of being a public company, the combined company will be required to provide attestation on internal controls, and we may need to undertake various actions, such as implementing additional internal controls and procedures and hiring additional accounting or internal audit staff.

In March 2023, we identified a material weakness in our internal control over financial reporting related to the accounting for a waiver of an underwriter's claim to its deferred commission which was to be contingently payable upon closing of a future business combination. dMY VI recognized the waiver as an extinguishment, with a resulting non-operating gain recognized in its statement of operations for the year ended December 31, 2022. Upon subsequent review and analysis, including with the Company's independent auditors, management concluded that the Company should have recognized the extinguishment of the contingent liability as a credit to stockholders' deficit. Therefore, the Company's management and audit committee concluded that the Company's previously issued audited financial statements for the year ended December 31, 2022 on Form 10-K filed with the SEC on March 3, 2023 should no longer be relied upon and that it is appropriate to restate the Annual Report. As a result, the Company restated the dMY VI 10-K on Form 10-K/A, as filed with the SEC on March 24, 2023, to reflect the change in accounting treatment (the "Form 10-K/A"). The Form 10-K/A is filed as Exhibit (a)(5)(v) herein.

As a result of this material weakness, the Company's management has concluded that a material weakness remains in the Company's internal control over financial reporting and that the Company's disclosure controls and procedures were not effective. The Company's remediation plan with respect to such material weakness will be described in more detail in the Q3 Form 10-Q/A. To respond to this material weakness, we have devoted, and intend to devote, significant effort and resources to the remediation and improvement of our internal control over financial reporting, and we can offer no assurance that these initiatives will ultimately have the intended effects.

Efforts to remediate this material weakness may not be effective or prevent any future material weakness or significant deficiency in the combined company's internal control over financial reporting. If the combined company's efforts are not successful or other material weaknesses or control deficiencies occur in the future, the combined company may be unable to report its financial results accurately on a timely basis, which could cause combined company's reported financial results to be materially misstated and result in the loss of investor confidence and cause the market price of the combined company's common stock to decline. Ineffective internal controls could also cause investors to lose confidence in the combined company's reported financial information, which could have a negative effect on the trading price of its stock.

------

The standards required for a public company under Section 404 of the Sarbanes-Oxley Act are significantly more stringent than those required of Rainwater Tech as a privately-held company. Further, as an emerging growth company, our independent registered public accounting firm is not required to formally attest to the effectiveness of our internal controls over financial reporting pursuant to Section 404 until the date we are no longer an emerging growth company. Rainwater Tech's status as an emerging growth company will end as soon as any of the following takes place: the last day of the fiscal year in which Rainwater Tech has at least $1.235 billion in annual revenue; the date Rainwater Tech qualifies as a "large accelerated filer," with at least $700.0 million of equity securities held by non-affiliates; the date on which Rainwater Tech has issued, in any three-year period, more than $1.0 billion in nonconvertible debt securities; or the last day of the fiscal year ending after the fifth anniversary of the dMY VI IPO. At such time, our independent registered public accounting firm may issue a report that is adverse in the event that it is not satisfied with the level at which the controls of the combined company are documented, designed or operating.

Testing and maintaining these controls can divert our management's attention from other matters that are important to the operation of our business. If we identify material weaknesses in the internal control over financial reporting of the combined company or are unable to comply with the requirements of Section 404 or assert that our internal control over financial reporting is effective, or if our independent registered public accounting firm is unable to express an opinion as to the effectiveness of our internal controls over financial reporting when we no longer qualify as an emerging growth company, investors may lose confidence in the accuracy and completeness of our financial reports and the market price of our common stock could be negatively affected, and we could become subject to investigations by the SEC or other regulatory authorities, which could require additional financial and management resources.

***We may face litigation and other risks as a result of the material weakness in our internal control over financial reporting.***

After consultation with our independent registered public accounting firm, our management and our audit committee concluded that it was appropriate to restate our previously issued audited financial statements as of December 31, 2022. As discussed elsewhere in the Form 10-K/A filed as Exhibit (a)(5)(v) herewith, we identified a material weakness in our internal controls over financial reporting related to the accounting for a significant and unusual transaction related to the extinguishment of a contingent obligations in November 2022.

As a result of such material weakness, the restatement of our financial statements for the Affected Period (as defined in the Form 10-K/A), the change in accounting for the extinguishment, and other matters raised or that may in the future be raised by the SEC, we face potential for litigation or other disputes which may include, among others, claims invoking the federal and state securities laws, contractual claims or other claims arising from the restatement and material weaknesses in our internal control over financial reporting and the preparation of our financial statements. As of the date of the Form 10-K/A, we have no knowledge of any such litigation or dispute. However, we can provide no assurance that such litigation or dispute will not arise in the future. Any such litigation or dispute, whether successful or not, could have a material adverse effect on the business of the combined company and its results of operations and financial condition.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(r) Adding a new third paragraph to the section "*Rainwater Tech Management's Discussion and Analysis of Financial Condition and Results of Operations* — *Plan of Operations* — *12-Month Plan*" on page 129 of the Second Amended and Restated Offer to Purchase as follows:

On March 23, 2023, Rainwater Tech announced a multi-year arrangement expected to deploy ground-based ionization rainfall generation technology in at least three Discovery Land Company ("Discovery") properties, which include private golf or ski components, during the second half of 2023.

------

**Item 12. Exhibits** 

Item 12 of the Schedule TO is hereby amended and supplemented by adding the following exhibits:

---

| | |
|:---|:---|
| **Exhibit No.** | **Description** |
|  (a)(5)(v)\* | [dMY Technology Group, Inc. VI Restated Annual Report on Form 10-K/A (incorporated by reference to the Form 10-K/A of dMY Technology Group, Inc. VI, filed with the SEC on March 24, 2023).](http://www.sec.gov/Archives/edgar/data/../../../ix?doc=/Archives/edgar/data/1858327/000119312523078857/d486612d10ka.htm) |
|  (a)(5)(vii)\*\* | [Revised Unaudited Pro Forma Combined Financial Statements for the period ended December 31, 2022.](d410316dex99a5vii.htm) |
|  (d)(14)\*\* | [Form of PIPE Subscription Agreement between dMY Technology Group, Inc. VI and other parties signatories thereto.](d410316dex99d14.htm) |

---

**Exhibit Index** 

---

| | |
|:---|:---|
|  (a)(1)(A)\* | [Offer to Purchase, dated January 26, 2023.](http://www.sec.gov/Archives/edgar/data/1858327/000119312523015732/d410316dex99a1a.htm) |
|  (a)(1)(B)\* | [Letter of Transmittal to Tender Shares of Class A Common Stock (including Guidelines of the Internal Revenue Service for Certification of Taxpayer Identification Number on Substitute Form W-9).](http://www.sec.gov/Archives/edgar/data/1858327/000119312523015732/d410316dex99a1b.htm) |
|  (a)(1)(C)\* | [Amended and Restated Offer to Purchase, dated March 3, 2023.](http://www.sec.gov/Archives/edgar/data/1858327/000119312523059803/d410316dex99a1c.htm) |
|  (a)(1)(D)\* | [Amended Letter of Transmittal, dated March 3, 2023.](http://www.sec.gov/Archives/edgar/data/1858327/000119312523059803/d410316dex99a1d.htm) |
|  (a)(1)(E)\* | [Second Amended and Restated Offer to Purchase, dated March 16, 2023.](http://www.sec.gov/Archives/edgar/data/1858327/000119312523071880/d410316dex99a1e.htm) |
|  (a)(2) | Not applicable. |
|  (a)(3) | Not applicable. |
|  (a)(4) | Not applicable. |
|  (a)(5)(i)\* | [Commencement Press Release, dated January 26, 2023.](http://www.sec.gov/Archives/edgar/data/1858327/000119312523015732/d410316dex99a5i.htm) |
|  (a)(5)(ii)\* | [Summary Advertisement, dated January 26, 2023.](http://www.sec.gov/Archives/edgar/data/1858327/000119312523015732/d410316dex99a5ii.htm) |
|  (a)(5)(iii)\* | [Extension of Tender Offer Press Release, dated February 22, 2023.](http://www.sec.gov/Archives/edgar/data/1858327/000119312523044183/d410316dex99a5iii.htm) |
|  (a)(5)(iv)\* | [Extension of Tender Offer and Release of dMY VI Audited Annual Financial Statements for 2022 Press Release, dated March 3, 2023.](http://www.sec.gov/Archives/edgar/data/1858327/000119312523059803/d410316dex99a5iv.htm) |
|  (a)(5)(v)\* | [dMY Technology Group, Inc. VI Restated Annual Report on Form 10-K/A (incorporated by reference to the Form 10-K/A of dMY Technology Group, Inc. VI, filed with the SEC on March 24, 2023).](http://www.sec.gov/Archives/edgar/data/../../../ix?doc=/Archives/edgar/data/1858327/000119312523078857/d486612d10ka.htm) |
|  (a)(5)(vi)\* | [Rain Enhancement Technologies, Inc. Financial Information for the period from November 10, 2022 (inception) through December 31, 2022.](http://www.sec.gov/Archives/edgar/data/1858327/000119312523059803/d410316dex99a5vi.htm) |
|  (a)(5)(vii)\*\* | [Revised Unaudited Pro Forma Combined Financial Statements for the period ended December 31, 2022.](d410316dex99a5vii.htm) |
| (b) | Not applicable. |
|  (d)(1) | [Underwriting Agreement, dated September 30, 2021, among the Company and Goldman Sachs & Co. LLC as representative of the several underwriters named therein (incorporated by reference to Exhibit 1.1 to the Form 8-K of dMY Technology Group, Inc. VI, filed with the Securities and Exchange Commission on October 5, 2021).](http://www.sec.gov/Archives/edgar/data/1858327/000119312521292261/d215596dex11.htm) |

---

------

---

| | |
|:---|:---|
|  (d)(2) | [Amended and Restated Certificate of Incorporation (incorporated by reference to Exhibit 3.1 to the Form 8-K of dMY Technology Group, Inc. VI, filed with the Securities and Exchange Commission on October 5, 2021).](http://www.sec.gov/Archives/edgar/data/1858327/000119312521292261/d215596dex31.htm) |
|  (d)(3) | [Warrant Agreement, dated October 5, 2021, between dMY Technology Group, Inc. VI and Continental Stock Transfer & Trust Company, as warrant agent (incorporated by reference to Exhibit 4.1 to the Form 8-K of dMY Technology Group, Inc. VI, filed with the Securities and Exchange Commission on October 5, 2021).](http://www.sec.gov/Archives/edgar/data/1858327/000119312521292261/d215596dex41.htm) |
|  (d)(4) | [Investment Management Trust Agreement, dated October 5, 2021, between dMY Technology Group, Inc. VI and Continental Stock Transfer & Trust Company, as trustee (incorporated by reference to Exhibit 10.1 to the Form 8-K of dMY Technology Group, Inc. VI, filed with the Securities and Exchange Commission on October 5, 2021).](http://www.sec.gov/Archives/edgar/data/1858327/000119312521292261/d215596dex101.htm) |
|  (d)(5) | [Registration Rights Agreement, dated October 5, 2021, between dMY Technology Group, Inc. VI, dMY Sponsor VI, LLC, and the Holders signatory thereto (incorporated by reference to Exhibit 10.2 to the Form 8-K of dMY Technology Group, Inc. VI, filed with the Securities and Exchange Commission on October 5, 2021).](http://www.sec.gov/Archives/edgar/data/1858327/000119312521292261/d215596dex102.htm) |
|  (d)(6) | [Private Placement Warrants Purchase Agreement, dated October 5, 2021, between dMY Technology Group, Inc. VI and dMY Sponsor VI, LLC (incorporated by reference to Exhibit 10.3 to the Form 8-K of dMY Technology Group, Inc. VI, filed with the Securities and Exchange Commission on October 5, 2021).](http://www.sec.gov/Archives/edgar/data/1858327/000119312521292261/d215596dex103.htm) |
|  (d)(7) | [Administrative Services Agreement, dated October 5, 2021, between dMY Technology Group, Inc. VI and dMY Sponsor VI, LLC (incorporated by reference to Exhibit 10.4 to the Form 8-K of dMY Technology Group, Inc. VI, filed with the Securities and Exchange Commission on October 5, 2021).](http://www.sec.gov/Archives/edgar/data/1858327/000119312521292261/d215596dex104.htm) |
|  (d)(8) | [Letter Agreement, dated October 5, 2021, between dMY Technology Group, Inc. VI, dMY Sponsor VI, LLC and each of the executive offices and directors of dMY Technology Group, Inc. VI (incorporated by reference to Exhibit 10.5 to the Form 8-K of dMY Technology Group, Inc. VI, filed with the Securities and Exchange Commission on October 5, 2021).](http://www.sec.gov/Archives/edgar/data/1858327/000119312521292261/d215596dex105.htm) |
|  (d)(9) | [Share Purchase Agreement, dated as of December 22, 2022, by and among dMY Technology Group, Inc. VI, Rain Enhancement Technologies, Inc., Rainwater, LLC, Michael Nefkens and Keri Waters (incorporated by reference to Exhibit 10.1 to the Form 8-K of dMY Technology Group, Inc. VI, filed with the Securities and Exchange Commission on December 22, 2022).](http://www.sec.gov/Archives/edgar/data/1858327/000119312522310547/d433764dex101.htm) |
|  (d)(10) | [Form of Lock-Up Agreement, by and among dMY Technology Group, Inc. VI, Rainwater, LLC, Michael Nefkens and Keri Waters (incorporated by reference to Exhibit 10.2 to the Form 8-K of dMY Technology Group, Inc. VI, filed with the Securities and Exchange Commission on December 22, 2022).](http://www.sec.gov/Archives/edgar/data/1858327/000119312522310547/d433764dex102.htm) |
|  (d)(11) | [Sponsor Support Agreement, dated as of December 22, 2022, by and among dMY Technology Group, Inc. VI, dMY Sponsor VI, LLC, Harry L. You, Niccolo de Masi and Rain Enhancement Technologies, Inc. (incorporated by reference to Exhibit 10.3 to the Form 8-K of dMY Technology Group, Inc. VI, filed with the Securities and Exchange Commission on December 22, 2022).](http://www.sec.gov/Archives/edgar/data/1858327/000119312522310547/d433764dex103.htm) |
|  (d)(12)\* | [Exclusive License Agreement, dated November 21, 2022, between Rain Enhancement Technologies, Inc. and Theodore Anderson.](http://www.sec.gov/Archives/edgar/data/1858327/000119312522315506/d410316dex99d12.htm) |
|  (d)(13)\* | [First Amendment to the Share Purchase Agreement, dated as of March 1, 2023, by and among dMY Technology Group, Inc. VI, Rain Enhancement Technologies, Inc., Rainwater, LLC, Michael Nefkens and Keri Waters.](http://www.sec.gov/Archives/edgar/data/1858327/000119312523059803/d410316dex99d13.htm) |

---

------

---

| | |
|:---|:---|
|  (d)(14)\*\* | [Form of PIPE Subscription Agreement between dMY Technology Group, Inc. VI and other parties signatories thereto.](d410316dex99d14.htm) |
| (g) | Not applicable. |
| (h) | Not applicable. |
|  (i)\* | [Filing Fee Table](http://www.sec.gov/Archives/edgar/data/1858327/000119312523059803/d410316dexfilingfees.htm) |

---

\* Previously filed.

\*\* Filed herewith.

------

**SIGNATURE** 

After due inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

---

| | |
|:---|:---|
| **DMY TECHNOLOGY GROUP, INC. VI** | **DMY TECHNOLOGY GROUP, INC. VI** |
| /s/ Niccolo de Masi | /s/ Niccolo de Masi |
| Name: | Niccolo de Masi |
| Title: | Chief Executive Officer and Director |

---

Dated: March 24, 2023

## Ex-99.(A)(5)(Vii)

**Exhibit (a)(5)(vii)** 

**UNAUDITED PRO FORMA COMBINED FINANCIAL INFORMATION** 

*Defined terms included below have the same meaning as terms defined and included elsewhere in this Tender Offer Statement, unless defined below. As used in this unaudited pro forma combined financial information, "dMY VI" refers to dMY Technology Group, Inc. VI and "Rainwater Tech" refers to Rain Enhancement Technologies, Inc., prior to the Business Combination.* 

The unaudited pro forma combined financial information has been prepared in accordance with Article 11 of Regulation S-X and presents the combination of the historical financial information of dMY VI and Rainwater Tech, adjusted to give effect to the Business Combination and the other events contemplated by the Share Purchase Agreement.

The unaudited pro forma combined financial statements are based on the dMY VI's and Rainwater Tech's historical financial statements, as adjusted to give effect to the business combination under the acquisition method of accounting in accordance with Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") Topic 805, Business Combinations ("ASC 805"). The unaudited pro forma combined statement of operations for the year ended December 31, 2022 gives effect to the business combination as if it had occurred on January 1, 2022, the beginning of the earliest period presented. The unaudited pro forma combined balance sheet as of December 31, 2022 gives effect to the business combination as if it had been consummated on December 31, 2022. The business combination will be accounted for as an acquisition under ASC 805, pursuant to which dMY VI will be treated as the accounting acquirer and Rainwater Tech as the acquiree. This determination was primarily based on existing dMY VI shareholders maintaining voting control of the Combined Company.

The unaudited pro forma combined financial information and accompanying notes have been derived from and should be read in conjunction with:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• the historical audited financial statements of dMY VI as of December 31, 2022 and for the year ended
December 31, 2022 and the related notes, as restated, which are included in dMY VI's Annual Report on Form 10-K/A filed with the SEC on March 24, 2023 (the "dMY VI 2022 10-K/A"),
which are included elsewhere in this Tender Offer Statement;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• the historical audited financial statements of Rainwater Tech as of December 31, 2022 and for the period
from November 10, 2022 (inception) through December 31, 2022 and the related notes, which are included elsewhere in this Tender Offer Statement;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• other information relating to dMY VI and Rainwater Tech contained in this Tender Offer Statement, including the
Share Purchase Agreement and the description of certain terms thereof.

The unaudited pro forma combined financial information should also be read together with the sections of the dMY VI restated audited annual financial statements as of December 31, 2022, the financial statements of Rainwater Tech as of December 31, 2022 and the section of this Tender Offer Statement entitled "Management's Discussion and Analysis of Financial Condition and Results of Operations," as well as other financial information included elsewhere in this Tender Offer Statement.

*Share Purchase Agreement* 

Pursuant to the Share Purchase Agreement, at the closing of the transactions (the "Transactions") contemplated thereby (i) the Sellers will sell and transfer to the Purchaser 1,700 shares of common stock of Rainwater Tech (the "Transferred Equity Interests") , each share of which is exchanged for 100 shares of Class A Common Stock of dMY VI and $790 in cash per share of common stock of Rainwater Tech and (ii) Rainwater Tech will issue and sell and transfer to the Purchaser additional shares of common stock of Rainwater Tech (the "Issued Equity Interests", together with the Transferred Equity Interests, the "Purchased Equity Interests") for an aggregate

------

amount of cash equal to the amount in deposit in dMY VI's Trust Account after consummation of a redemption tender offer, minus the transaction costs and expenses incurred by dMY VI and Rainwater Tech in connection with the Business Combination, plus the amount of any PIPE Investment (the "Cash Consideration"). The Transaction is fully disclosed in the Current Report on Form 8-K filed with the SEC on December 22, 2022.

*Business Combination Consideration* 

Each of the 1,700 shares of Rainwater Tech common stock will be exchanged for 100 dMY VI shares of Common Stock and $790 in cash per share. dMY VI will issue 170,000 (1,700 Rainwater Tech shares \* 100) dMY VI shares of Common Stock, which for purposes of the Share Purchase Agreement was valued at $10.00 per share, or $1.7 million and $1.3 million (1,700 Rainwater Tech shares \* $790) in cash.

**Accounting for the Business Combination** 

Under the acquisition method of accounting, the acquired tangible and intangible assets and assumed liabilities are recognized based on their estimated fair values as of the business combination closing date. The pro forma adjustments are preliminary and based on estimates of the fair value and useful lives of the assets acquired and liabilities assumed as of December 31, 2022 and have been prepared to illustrate the estimated effect of the business combination.

dMY VI may recognize a deferred tax benefit as a result of the acquisition. Due to the acquisition, a temporary difference between the book and the tax basis for the intangible assets acquired may be created resulting in a deferred tax liability and additional goodwill. No deferred tax benefit was recorded in the combined pro formas.

The purchase price allocation is dependent upon certain valuation and other studies that have not yet been completed. Accordingly, the pro forma purchase price allocation is subject to further adjustments as additional information becomes available and as additional analyses and final valuations are conducted following the completion of the business combination. There can be no assurances that these additional analyses and final valuations will not result in significant changes to the estimates of fair value set forth below.

The following is the preliminary estimate of the fair value of the assets acquired, liabilities assumed, and ensuing goodwill identified, reconciled to the purchase price transferred:

---

| | |
|:---|:---|
|  Cash | $100000 |
|  Construction in-process equipment | 104052 |
|  Intangible assets | 116750 |
|  Accounts payable | (220150) |
|  Accrued expenses | (143750) |
|  Due to related parties | (170386) |
|  Franchise tax payable | (225) |
|  Goodwill | 3256709 |
|  Consideration | $3043000 |
|  **Consideration:** |  |
|  170,000 dMY VI Common Shares | $1700000 |
|  Cash | 1343000 |
|  | $3043000 |

---

------

The following shows the effect of a change in share price on the amount of consideration and goodwill:

---

| | | | |
|:---|:---|:---|:---|
| **Change in Stock Price** | **Stock Price** | **Consideration** | **Goodwill** |
|  10% increase | $11.00 | $3213000 | 3426709 |
|  10% decrease | $9.00 | $2873000 | 3086709 |
|  20% increase | $12.00 | $3383000 | 3596709 |
|  20% decrease | $8.00 | $2703000 | 2916709 |
|  30% increase | $13.00 | $3553000 | 3766709 |
|  30% decrease | $7.00 | $2533000 | 2746709 |
|  50% increase | $15.00 | $3893000 | 4106709 |
|  50% decrease | $5.00 | $2193000 | 2406709 |

---

dMY VI has been determined to be the accounting acquirer based on dMY VI's existing shareholders having a majority of the voting power of the Combined Company.

**Basis of Pro Forma Presentation** 

The unaudited pro forma combined financial information has been prepared in accordance with Article 11 of Regulation S-X. The adjustments in the unaudited pro forma combined financial information have been identified and presented to provide relevant information necessary for an illustrative understanding of the Combined Company upon consummation of the Business Combination and the other events contemplated by the Share Purchase Agreement in accordance with GAAP.

Assumptions and estimates underlying the unaudited pro forma adjustments set forth in the unaudited pro forma combined financial information are described in the accompanying notes. The unaudited pro forma combined financial information has been presented for illustrative purposes only and is not necessarily indicative of the operating results and financial position that would have been achieved had the Business Combination occurred on the dates indicated, and does not reflect adjustments for any anticipated synergies, operating efficiencies, tax savings or cost savings. Any cash proceeds remaining after the consummation of the Business Combination and the other events contemplated by the Share Purchase Agreement are expected to be used for general corporate purposes. Further, the unaudited pro forma combined financial information does not purport to project the future operating results or financial position of the Combined Company following the consummation of the Business Combination. The unaudited pro forma adjustments represent management's estimates based on information available as of the date of the unaudited pro forma combined financial information and are subject to change as additional information becomes available and analyses are performed. dMY VI and Rainwater Tech have not had any historical relationship prior to the transactions discussed in this Tender Offer Statement. Accordingly, no pro forma adjustments were required to eliminate activities between the companies.

The unaudited pro forma combined financial information contained herein assumes that the dMY VI shareholders approve the Business Combination. Pursuant to dMY VI's Amended and Restated Certificate of Incorporation, the dMY VI public shareholders may elect to redeem their dMY VI shares of Common Stock upon the closing of the Business Combination for cash equal to their pro rata share of the aggregate amount on deposit (as of two business days prior to the Closing) in the dMY VI Trust Account. dMY VI cannot predict how many of its public shareholders will exercise their right to redeem their dMY VI shares of Common Stock for cash. Therefore, the unaudited pro forma combined financial information present two redemption scenarios as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Scenario 1: Assuming No Redemptions—this scenario assumes that no public shareholders of dMY VI exercise
redemption rights with respect to their public shares; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Scenario 2: Assuming Maximum Redemptions—this scenario assumes that 22,326,253 dMY VI shares of Common Stock
are redeemed at approximately $10.14 per share for an aggregate payment of approximately $226.5 million (includes market appreciation and interest on the marketable securities

------

and/or balances held in the Trust Account). The maximum redemption amount is derived on the basis that the Combined Company has a minimum net tangible asset of $5,000,001, after giving effect to payments to redeeming stockholders. Scenario 2 includes all adjustments contained in Scenario 1 and presents additional adjustments to reflect the effect of the maximum redemption. <br>

Assuming no redemptions, the pro forma amount of cash per share of Class A Common Stock, which we calculate as the amount of pro forma cash after giving effect to the Business Combination divided by the number of shares of Class A Common Stock outstanding after giving effect to the Business Combination (but without giving effect to the exercise of any warrants, other than penny warrants on 100,000 shares of Common Stock) is US$7.73 per share. Assuming maximum redemptions, the pro forma amount of cash per share of Class A Common Stock would be US$1.11 per share.

Upon the consummation of the Offer, we plan to use the cash available from the funds held in the Trust Account to purchase the shares of Common Stock validly tendered and not properly withdrawn pursuant to the Offer, and the balance will be released to us to fund our working capital and the growth of Rainwater Tech. The trust fund balance at Closing is estimated to be approximately $247,100,000, assuming no redemptions and excluding payment of transaction expenses and Seller Cash Consideration. Assuming all of the 24,150,000 shares are tendered for redemption, the remaining balance will be further reduced to $0. dMY VI intends to enter into Subscription Agreements (as defined in the Share Purchase Agreement) with PIPE Investors, pursuant to which, among other things, the PIPE Investors will agree to purchase from dMY VI, and not in the open market, certain shares of dMY VI's Class A Common Stock immediately prior to the consummation of the Business Combination at a cash purchase price of $10.00 per share. As of the date of this filing, the PIPE Investment process is ongoing, and dMY VI has entered into two Subscription Agreements for a total PIPE Investment of $200,000 to purchase a total of 20,000 shares of dMY VI's Class A Common Stock, par value $0.0001 per share, at a purchase price of $10.00 per share. dMY VI intends to enter into additional PIPE Subscription Agreements with PIPE Investors in the future. There is no guarantee that additional financing will be provided and if the conditions to the Offer are not satisfied and if accepting all properly submitted redemption requests would cause our net tangible assets to be less than $5,000,001, we will not be able to access the funds held in the Trust Account and thus will need to terminate or extend the Offer. The transactions with the PIPE investors might trigger the anti-dilution provision for the conversion rights to the holder for dMY VI's Class B Common Stock. On December 22, 2022, dMY VI entered into an agreement (the "Sponsor Support Agreement") with the holders of dMY VI's Class B Common Stock (the "initial shareholders"), pursuant to which the initial shareholders agreed to waive their rights to the anti-dilution adjustment for conversion ratio in connection with the Business Combination with Rainwater Tech. As a result, the Class B Common Stock will be converted into Class A Common Stock upon consummation of the transaction with Rainwater Tech on a one-for-one basis. The pro forma financial statements do not include the effect of the ongoing PIPE Investments.

The two redemption scenarios assumed in the unaudited pro forma combined balance sheet and statement of operations do not include adjustments for the outstanding warrants issued in connection with dMY VI's initial public offering, as such securities are not exercisable until 30 days after the Closing.

The following summarizes the pro forma shares of Common Stock issued and outstanding immediately after the

Business Combination (excludes shares of Common Stock issued under PIPE Subscription Agreements):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Assuming No<br>Redemptions** | **Assuming No<br>Redemptions** | **Assuming Maximum<br>Redemptions** | **Assuming Maximum<br>Redemptions** |
|  | **Shares** | **%** | **Number** | **%** |
|  dMY VI Public shareholders | 24150000 | 79.3% | 1823747 | 22.3% |
|  dMY VI Founders | 6037500 | 19.8% | 6037500 | 74.4% |
|  Penny warrants | 100000 | 0.3% | 100000 | 1.2% |
|  Rainwater Tech equityholders | 170000 | 0.6% | 170000 | 2.1% |
|  Shares outstanding | 30457500 | 100.0% | 8131247 | 100.0% |

---

If the actual facts are different than these assumptions, then the amounts and shares outstanding in the unaudited pro forma combined financial information will be different and those changes could be material.

------

**UNAUDITED PRO FORMA COMBINED BALANCE SHEET** 

**AS OF DECEMBER 31, 2022** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | **December 31,<br>2022** | **December 31,<br>2022** | **Transaction<br>Accounting<br>Adjustments<br>(Assuming No**<br>**Redemptions)<br>(Note 2)** | **Pro Forma<br>Combined**<br>**(Assuming No<br>Redemptions)** | **Additional<br>Transaction<br>Accounting<br>Adjustments<br>(Assuming<br>Maximum**<br>**Redemptions)<br>(Note 2)** | **Pro Forma<br>Combined<br>(Assuming**<br>**Maximum<br>Redemptions)** |
|  | **dMY VI<br>(Historical)** | **Rainwater<br>Tech<br>(Historical)** | **Transaction<br>Accounting<br>Adjustments<br>(Assuming No**<br>**Redemptions)<br>(Note 2)** | **Pro Forma<br>Combined**<br>**(Assuming No<br>Redemptions)** | **Additional<br>Transaction<br>Accounting<br>Adjustments<br>(Assuming<br>Maximum**<br>**Redemptions)<br>(Note 2)** | **Pro Forma<br>Combined<br>(Assuming**<br>**Maximum<br>Redemptions)** |
|  **ASSETS** |  |  |  |  |  |  |
|  **Current assets** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Cash | $1128 | $100000 | $244961644 **(a)** | $235472810 | $(226462759) **(h)** | $9010051 |
|  |  |  | (7951678) **(d)** |  |  |  |
|  |  |  | (1343000) **(f)** |  |  |  |
|  |  |  | (295284) **(g)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Prepaid expenses and other assets | 216128 |  |  | 216128 |  | 216128 |
|  **Total current assets** | 217256 | 100000 | 235371682 | 235688938 | (226462759) | 9226179 |
| &nbsp;&nbsp;&nbsp;&nbsp; Marketable securities held in Trust Account | 244961644 |  | (244961644) **(a)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Construction in-process equipment |  | 104052 |  | 104052 |  | 104052 |
| &nbsp;&nbsp;&nbsp;&nbsp; Intangible assets |  | 116750 |  | 116750 |  | 116750 |
| &nbsp;&nbsp;&nbsp;&nbsp; Goodwill |  |  | 3256709 **(f)** | 3256709 |  | 3256709 |
|  **Total assets** | $**245178900** | $**320802** | $**(6333253)** | $**239166449** | $**(226462759)** | $**12703690** |
|  **LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)** |  |  |  |  |  |  |
|  **Current liabilities** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Accounts payable | $683488 | $220150 | $— | $903638 | $— | $903638 |
| &nbsp;&nbsp;&nbsp;&nbsp; Accounts payable—related party | 36447 |  |  | 36447 |  | 36447 |
| &nbsp;&nbsp;&nbsp;&nbsp; Accrued expenses | 2083531 | 143750 | (2083531) **(d)** | 143750 |  | 143750 |
| &nbsp;&nbsp;&nbsp;&nbsp; Convertible working capital loans—related party | 295284 |  | (295284) **(g)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Due to related parties |  | 170386 |  | 170386 |  | 170386 |
| &nbsp;&nbsp;&nbsp;&nbsp; Franchise tax payable | 204456 | 225 |  | 204681 |  | 204681 |
| &nbsp;&nbsp;&nbsp;&nbsp; Income tax payable | 680665 |  |  | 680665 |  | 680665 |
|  **Total current liabilities** | 3983871 | 534511 | (2378815) | 2139567 |  | 2139567 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Derivative liabilities | 2079550 |  | 111110 **(c)** | 2190660 |  | 2190660 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Deferred underwriting commissions |  |  |  |  |  |  |
|  **Total liabilities** | 6063421 | 534511 | (2267705) | 4330227 |  | 4330227 |
|  **Commitments and contingencies** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Class A common shares subject to possible redemption | 243922084 |  | (243922084) **(b)** |  |  |  |
|  **Stockholders' equity (deficit)** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Common stock |  |  | 2415 **(b)** | 3046 | (2233) **(h)** | 813 |
|  |  |  | 631 **(f)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Common stock—Class A |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Common stock—Class B | 604 |  | (604) **(f)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Additional paid-in capital |  | 1070125 | 243919669 **(b)** | 245081374 | (226460526) **(h)** | 18620848 |
|  |  |  | (1822102) **(e)** |  |  |  |
|  |  |  | 1913682 **(f)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Accumulated deficit | (4807209) | (1283834) | (111110) **(c)** | (10248198) |  | (10248198) |
|  |  |  | (5868147) **(d)** |  |  |  |
|  |  |  | 1822102 **(e)** |  |  |  |
|  **Total stockholders' equity (deficit)** | (4806605) | (213709) | 239856536 | 234836222 | (226462759) | 8373463 |
|  **Total liabilities and stockholders' equity (deficit)** | $**245178900** | $**320802** | $**(6333253)** | $**239166449** | $**(226462759)** | $**12703690** |

---

------

**UNAUDITED PRO FORMA COMBINED STATEMENT OF OPERATIONS** 

**FOR THE PERIOD ENDED DECEMBER 31, 2022** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | **Year Ended<br>December 31,<br>2022** | **For the Period From<br>November 10, 2022<br>(Inception) Through<br>December 31, 2022** | **Transaction<br>Accounting<br>Adjustments<br>(Assuming<br>No<br>Redemptions)<br>(Note 2)** | **Year Ended<br>December 31,<br>2022** | **Additional<br>Transaction<br>Accounting<br>Adjustments<br>(Assuming<br>Maximum<br>Redemptions)<br>(Note 2)** | **Year Ended<br>December 31,<br>2022** |
| | **Year Ended<br>December 31,<br>2022** | **For the Period From<br>November 10, 2022<br>(Inception) Through<br>December 31, 2022** | **Transaction<br>Accounting<br>Adjustments<br>(Assuming<br>No<br>Redemptions)<br>(Note 2)** | **Pro Forma<br>Combined<br>(Assuming No<br>Redemptions)** | **Additional<br>Transaction<br>Accounting<br>Adjustments<br>(Assuming<br>Maximum<br>Redemptions)<br>(Note 2)** | **Pro Forma<br>Combined<br>(Assuming<br>Maximum<br>Redemptions)** |
|  | **dMY VI<br>(Historical)** | **Rainwater Tech<br>(Historical)** | **Transaction<br>Accounting<br>Adjustments<br>(Assuming<br>No<br>Redemptions)<br>(Note 2)** | **Pro Forma<br>Combined<br>(Assuming No<br>Redemptions)** | **Additional<br>Transaction<br>Accounting<br>Adjustments<br>(Assuming<br>Maximum<br>Redemptions)<br>(Note 2)** | **Pro Forma<br>Combined<br>(Assuming<br>Maximum<br>Redemptions)** |
|  **Expenses** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; General and administrative | $3702578 | $1283609 | $5558147 **(aa)** | $10544334 | $— | $10544334 |
| &nbsp;&nbsp;&nbsp;&nbsp; Franchise tax expenses | 203894 | 225 |  | 204119 |  | 204119 |
|  Total expenses | 3906472 | 1283834 | 5558147 | 10748453 |  | 10748453 |
|  **Operating loss** | (3906472) | (1283834) | (5558147) | (10748453) |  | (10748453) |
|  **Other income (expense)** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Change in fair value of derivative warrant liabilities | 23079950 |  |  | 23079950 |  | 23079950 |
| &nbsp;&nbsp;&nbsp;&nbsp; Change in fair value of derivative liabilities - working capital loan option | 2503 |  |  | 2503 |  | 2503 |
| &nbsp;&nbsp;&nbsp;&nbsp; Gain from extinguishment of deferred underwriting commissions | 257801 |  |  | 257801 |  | 257801 |
| &nbsp;&nbsp;&nbsp;&nbsp; Interest expense | (2787) |  |  | (2787) |  | (2787) |
| &nbsp;&nbsp;&nbsp;&nbsp; Interest income on operating account | 33 |  |  | 33 |  | 33 |
| &nbsp;&nbsp;&nbsp;&nbsp; Interest income from investments held in Trust Account | 3446418 |  | (3446418) **(bb)** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Total other income (expense) | 26783918 |  | (3446418) | 23337500 |  | 23337500 |
|  **Net income before income taxes** | 22877446 | (1283834) | (9004565) | 12589047 |  | 12589047 |
| &nbsp;&nbsp;&nbsp;&nbsp; Income tax expense | 680665 |  |  | 680665 |  | 680665 |
|  **Net income**  | $22196781 | $(1283834) | $(9004565) | $11908382 | $— | $11908382 |
| &nbsp;&nbsp;&nbsp;&nbsp; Weighted average Class A common shares outstanding, basic and diluted | 24150000 |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Basic and diluted net income per Class A common share | $0.74 |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Weighted average Class B common shares outstanding, basic and diluted | 6037500 |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Basic and diluted net income per Class B common share | $0.74 |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Basic and diluted net loss per common share |  | $(1485.92) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Basic and diluted weighted average common shares outstanding |  | 864 |  |  |  |  |
|  Basic and diluted net income per share |  |  |  | $0.39 |  | $1.46 |
|  Basic and diluted weighted average shares outstanding |  |  |  | 30457500 |  | 8131247 |

---

------

**NOTES TO UNAUDITED PRO FORMA COMBINED FINANCIAL STATEMENTS** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1.** **Basis of Presentation** 

The unaudited pro forma combined financial statements are based on the dMY VI's and Rainwater Tech's historical financial statements, as adjusted to give effect to the business combination under the acquisition method of accounting in accordance with Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") Topic 805, Business Combinations ("ASC 805"). The unaudited pro forma combined statement of operations for the year ended December 31, 2022 gives effect to the business combination as if it had occurred on January 1, 2022, the beginning of the earliest period presented. The unaudited pro forma combined balance sheet as of December 31, 2022 gives effect to the business combination as if it had been consummated on December 31, 2022. The business combination will be accounted for as an acquisition under ASC 805, pursuant to which dMY VI will be treated as the accounting acquirer and Rainwater Tech as the acquiree. This determination was primarily based on existing dMY VI shareholders maintaining voting control of the Combined Company.

The unaudited pro forma combined financial information and accompanying notes have been derived from and should be read in conjunction with:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• the historical audited financial statements of dMY VI as of December 31, 2022 and for the year ended
December 31, 2022 and the related notes, as restated, which are included in dMY VI's Annual Report on Form 10-K/A filed with the SEC on March 24, 2023 (the "dMY VI 2022 10-K/A"), which
are included elsewhere in this Tender Offer Statement;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• the historical audited financial statements of Rainwater Tech as of December 31, 2022 and for the period
from November 10, 2022 (inception) through December 31, 2022 and the related notes, which are included elsewhere in this Tender Offer Statement;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• other information relating to dMY VI and Rainwater Tech contained in this Tender Offer Statement, including the
Share Purchase Agreement and the description of certain terms thereof.

The unaudited pro forma combined financial information should also be read together with the sections of the dMY VI audited annual financial statements as of December 31, 2022, the financial statements of Rainwater Tech as of December 31, 2022 and the section of this Tender Offer Statement entitled "Management's Discussion and Analysis of Financial Condition and Results of Operations," as well as other financial information included elsewhere in this Tender Offer Statement.

dMY VI management has made significant estimates and assumptions in its determination of the pro forma adjustments. As the unaudited pro forma combined financial information has been prepared based on these preliminary estimates, the final amounts recorded may differ materially from the information presented.

The pro forma adjustments reflecting the consummation of the Business Combination are based on information available as of the date of this Offer to Purchase and certain assumptions and methodologies that management believes are reasonable under the circumstances. The unaudited pro forma adjustments, which are described in these notes, may be revised as additional information becomes available and is evaluated. Therefore, the actual adjustments may materially differ from the pro forma adjustments that appear in this Offer to Purchase. The unaudited pro forma combined financial information does not reflect the income tax effects of the pro forma adjustments as based on the statutory rate in effect for the historical periods presented, as management believes income tax adjustments to not be meaningful given the combined entity incurred significant losses during the historical periods presented. dMY VI management considers this basis of presentation to be reasonable under the circumstances.

------

**NOTES TO UNAUDITED PRO FORMA COMBINED FINANCIAL STATEMENTS** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2.** **Transaction Accounting Adjustments to Unaudited Pro Forma Combined Financial Information** 

***Transaction Accounting Adjustments to Unaudited Pro Forma Combined Balance Sheet***

The transaction accounting adjustments included in the unaudited pro forma combined balance sheet as of December 31, 2022, are as follows:

(a) Reflects the liquidation and reclassification of cash and investments held in the Trust Account (as defined in this Offer to Purchase) that became available for general corporate use following the Business Combination.

(b) Reflects the transfer of dMY VI's shares of Class A Common Stock subject to possible redemptions as of December 31, 2022 to permanent equity.

(c) As of December 31, 2022, Rainwater Tech had a total of 1,700 shares of common stock outstanding. Represents fully vested warrants granted on 100,000 shares of common stock with an exercise price of $0.01 per share valued at approximately $111,000 as of December 31, 2022.

(d) Represents preliminary estimated transaction costs to be incurred by dMY VI and Rainwater Tech of approximately $7.9 million and $0.4 million, respectively, (together for an aggregate amount of approximately $8.3 million) for legal, financial advisory and other professional fees. The dMY VI estimated transaction costs include approximately $2.1 million in accrued expenses and approximately $0.3 million in items already paid for and recorded as of December 31, 2022.

*For the Rainwater Tech transaction costs:* 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• $0.4 million was reflected as a reduction of cash and an increase to accumulated deficit.

*For the dMY VI transaction costs:* 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Approximately $7.5 million was reflected as a reduction of cash, approximately $2.1 million as a
reduction in accrued expenses and approximately $5.4 million increase in accumulated deficit.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The amount of total estimated dMY VI transaction costs recognized by dMY VI prior to January 1, 2022 was not
material and the amount recognized in 2022 was approximately $2.7 million (approximately $0.3 million was paid for in 2022). The costs expensed through accumulated deficit are included in the unaudited pro forma combined statement of
operations for the period ended December 31, 2022.

(e) Reflects the elimination of Rainwater Tech's accumulated deficit of approximately $1.8 million to additional paid-in capital.

(f) Reflects the recapitalization of equity as a result of the Business Combination, in which 1,700 Rainwater Tech Shares and 6,037,500 shares of dMY VI's Class B common stock will be exchange into 170,000 and 6,037,500 shares of dMY VI's Class A common stock, respectively, and the consideration of 1)170,000 (1,700 Rainwater Tech shares \* 100) dMY VI shares of Common Stock, which for purposes of the Share Purchase Agreement was valued at $10.00 per share, or $1.7 million, and $1.3 million (1,700 Rainwater Tech shares \* $790) in cash.

(g) Reflects the repayment of working capital loans of approximately $295,000 as of December 31, 2022 upon closing of the Transaction. In January 2023, dMY VI received additional loan proceeds in the amount of $86,000 under the working capital loans. dMY VI also plans to repay the additional working capital loan proceeds in full upon closing of the Transaction. As a result, the additional loan proceeds and additional repayment does not have a net effect on the pro forma financial statements.

Certain of Rainwater Tech's and dMY VI's officers also paid an aggregate of approximately $17,000 and approximately $153,000, respectively, to cover for certain expenses and purchases on Rainwater Tech's behalf. As of December 31, 2022, Rainwater Tech recorded the full outstanding amount of approximately $170,000 owed to such officers in due to related parties in the accompanying historical balance sheet. On February 2, 2023, Rainwater Tech issued a promissory note (the "Note") to its CEO and certain officers of dMY VI for an aggregate amount of $600,000, of which approximately $153,000 was already lent by one of the officers of dMY VI as of December 31, 2022 as mentioned above. Rainwater Tech received the remaining cash proceeds of $447,000 under the Note in February 2023. The Note has an annual interest rate of 5% and shall be due and payable on August 1, 2023 ("Maturity Date"). Rainwater Tech plans to repay the Note in full upon its maturity date ("Maturity Date") out of the combined entity's operating cash account. The Company plans to consummate the Transaction prior to the Maturity Date. As a result, the unaudited pro forma combined financial statements reflect the full amount of the $170,000 due to related parties as fully outstanding.

(h) Reflects the maximum redemption of 22,326,253 dMY VI shares of Class A Common Stock at a redemption price of approximately $10.14 per share, totaling approximately $226.5 million (includes market appreciation and interest on the marketable securities and/or balances held in the Trust). The maximum redemption amount is derived on the basis that the Combined Company has a minimum net tangible asset of $5,000,001, after giving effect to payments to redeeming stockholders.

------

**NOTES TO UNAUDITED PRO FORMA COMBINED FINANCIAL STATEMENTS** 

Upon the consummation of the Offer, we plan to use the cash available from the funds held in the Trust Account to purchase the shares of Common Stock validly tendered and not properly withdrawn pursuant to the Offer, and the balance will be released to us to fund our working capital and the growth of Rainwater Tech. The trust fund balance at Closing is estimated to be approximately $247,100,000, assuming no redemptions and excluding payment of transaction expenses and Seller Cash Consideration. Assuming all of the 24,150,000 shares are tendered for redemption, the remaining balance will be further reduced to $0. dMY VI intends to enter into Subscription Agreements (as defined in the Share Purchase Agreement) with PIPE Investors, pursuant to which, among other things, the PIPE Investors will agree to purchase from dMY VI, and not in the open market, certain shares of dMY VI's Class A Common Stock immediately prior to the consummation of the Business Combination at a cash purchase price of $10.00 per share. As of the date of this filing, the PIPE Investment process is ongoing, and dMY VI has entered into two Subscription Agreements for a total PIPE Investment of $200,000 to purchase a total of 20,000 shares of dMY VI's Class A Common Stock, par value $0.0001 per share, at a purchase price of $10.00 per share. dMY VI intends to enter into additional PIPE Subscription Agreements with PIPE Investors in the future. There is no guarantee that additional financing will be provided and if the conditions to the Offer are not satisfied and if accepting all properly submitted redemption requests would cause our net tangible assets to be less than $5,000,001, we will not be able to access the funds held in the Trust Account and thus will need to terminate or extend the Offer. The transactions with the PIPE investors might trigger the anti-dilution provision for the conversion rights to the holder for dMY VI's Class B Common Stock. On December 22, 2022, dMY VI entered into an agreement (the "Sponsor Support Agreement") with the holders for dMY VI's Class B Common Stock (the "initial shareholders"), pursuant to which the initial shareholders agreed to waive their rights to the anti-dilution adjustment for conversion ratio in connection with the Business Combination with Rainwater Tech. As a result, the Class B Common Stock will be convert into Class A Common Stock upon consummation of the transaction with Rainwater Tech on a one-for-one basis. The pro forma financial statements do not include the effect of the ongoing PIPE Investments.

***Transaction Accounting Adjustments to Unaudited Pro Forma Combined Statement of Operations***

The transaction accounting adjustments included in the unaudited pro forma combined statement of operations for the period ended December 31, 2022 are as follows:

(aa) Reflects an adjustment for the transaction costs as if the Business Combination had been consummated on January 1, 2022. The total transaction costs of approximately $8.3 million were reduced by the following already expensed items; 1) approximately $2.1 million in accrued expenses, and 2) approximately $0.3 million in other items already paid for in 2022. The $5.6 million pro forma adjustment represents the unexpensed transaction costs of approximately $5.1 million for dMY VI and $0.4 million for Rainwater Tech. The following table shows the total unexpensed transaction costs for both dMY VI and Rainwater Tech:

---

| | |
|:---|:---|
|  Consulting | $1558500.0 |
|  Legal | 1205127.0 |
|  D&O insurance | 1200000.0 |
|  Financial advisory(\*) | 1000000.0 |
|  Accounting | 514554.0 |
|  Regulatory fees | 79966.0 |
|  | $5558147.0 |

---

*\** *Represent fees potentially owed to Needham & Company, LLC ("Needham"), dMY VI's exclusive financial advisor to the Company and as its exclusive placement agent in connection with the possible Merger with Rainwater Tech. The Company agreed to pay Needham a fee to be mutually agreed upon at a later date. The unaudited combined pro forma financials reflects an estimate of $1.0 million for Needham fees.* 

(bb) Reflects an adjustment to eliminate interest and other investment income related to the dMY VI Trust Account.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**3.** **Loss per Share** 

Represents the net loss per share calculated using the historical weighted average shares of dMY VI Common Stock outstanding, and the issuance of additional shares in connection with the Business Combination and other related events, assuming the shares were outstanding since January 1, 2022. As the Business Combination and other related events are being reflected as if they had occurred at the beginning of the period presented, the calculation of weighted average shares outstanding for basic and diluted net loss per share assumes that the shares issuable in connection with the Business Combination have been outstanding for the entire period

------

**NOTES TO UNAUDITED PRO FORMA COMBINED FINANCIAL STATEMENTS** 

presented. No unexercised warrants (other than penny warrants on 100,000 shares of Common Stock) were included in the earnings per share calculation as they would be anti-dilutive.

---

| | | |
|:---|:---|:---|
|  | **Assuming No<br>Redemptions** | **Assuming<br>Maximum<br>Redemptions** |
|  **Year Ended December 31, 2022** |  |  |
|  Pro forma net income | $11908382 | $11908382 |
|  Pro forma weighted average shares outstanding—basic and diluted | 30457500 | 8131247 |
|  Net income per share—basic and diluted | $0.39 | $1.46 |
|  **Pro Forma Weighted Average Shares** |  |  |
|  dMY VI Public shareholders | 24150000 | 1823747 |
|  dMY VI Founders | 6037500 | 6037500 |
|  Penny warrants | 100000 | 100000 |
|  Rainwater Tech equityholders | 170000 | 170000 |
|  Pro forma weighted average shares outstanding, basic and diluted | 30457500 | 8131247 |

---

dMY VI had an aggregate of 18,905,000 warrants outstanding which had no intrinsic value and were anti- dilutive. Additionally, dMY VI had a working capital loan option value at approximately $3,000 as of December 31, 2022.

## Ex-99.(D)(14)

**Exhibit (d)(14)** 

**SUBSCRIPTION AGREEMENT** 

This SUBSCRIPTION AGREEMENT (this "<u>Subscription Agreement</u>") is entered into on , 2023, by and between dMY Technology Group, Inc. VI (the "<u>Company</u>"), a Delaware corporation, and the undersigned subscriber ("<u>Subscriber</u>").

WHEREAS, in connection with the execution of this Subscription Agreement, the Company entered into a definitive agreement with Rain Enhancement Technologies, Inc., a Delaware corporation ("<u>Rainwater Tech</u>"), and the other parties thereto, in substantially the form previously provided to Subscriber, providing for the combination of the Company and Rainwater Tech (as may be amended or supplemented from time to time, the "<u>Share Purchase Agreement,</u>" and the transactions contemplated by the Share Purchase Agreement, the "<u>Transaction</u>");

WHEREAS, in connection with the Transaction, Subscriber desires to subscribe for and purchase from the Company, immediately prior to the consummation of the Transaction, that number of shares of the Company's Class A Common Stock, par value $0.0001 per share (the "<u>Shares</u>"), set forth on the signature page hereto (the "<u>Subscribed Shares</u>") for a purchase price of $10.00 per share (the "<u>Per Share Price</u>" and the aggregate of such Per Share Price for all Subscribed Shares being referred to herein as the "<u>Purchase Price</u>"), and the Company desires to issue and sell to Subscriber the Subscribed Shares in consideration of the payment of the Purchase Price by or on behalf of Subscriber to the Company at or prior to the Closing Date (as defined herein); and

WHEREAS, on or about the date of this Subscription Agreement, the Company is entering into subscription agreements (the "<u>Other Subscription Agreements</u>" and together with the Subscription Agreement, the "<u>Subscription Agreements</u>") with certain other investors (the "<u>Other Subscribers</u>" and together with Subscriber, the "<u>Subscribers</u>"), pursuant to which such Subscribers have agreed to purchase on the closing date of the Transaction, inclusive of the Subscribed Shares, an aggregate amount of up to Shares, at the Per Share Price (the shares of the Other Subscribers, the "<u>Other Subscribed Shares</u>" and together with the Subscribed Shares, the "<u>Collective Subscribed Shares</u>").

NOW, THEREFORE, in consideration of the foregoing and the mutual representations, warranties and covenants, and subject to the conditions, herein contained, and intending to be legally bound hereby, the parties hereto hereby agree as follows:

Section 1 <u>Subscription</u>*.* Subject to the terms and conditions hereof, at the Closing (as defined below), Subscriber hereby agrees to subscribe for and purchase, and the Company hereby agrees to issue and sell to Subscriber, upon the payment of the Purchase Price, the Subscribed Shares (such subscription and issuance, the "<u>Subscription</u>").

Section 2 <u>Closing</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The consummation of the Subscription contemplated hereby (the "<u>Closing</u>") shall occur on the closing date of the Transaction (the "<u>Closing Date</u>"), immediately prior to or substantially concurrently with, but in any event not after, the consummation of the Transaction.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) At least five (5) Business Days before the anticipated Closing Date, the Company shall deliver written notice to Subscriber (the "<u>Closing Notice</u>") specifying (i) the anticipated Closing Date and (ii) the wire instructions for delivery of the Purchase Price to the Company. No later than two (2) Business Days prior to the Closing Date, Subscriber shall deliver the Purchase Price for the Subscribed Shares by wire transfer of United States dollars in immediately available funds to the account specified by the Company in the Closing Notice, such funds to be held by the Company in escrow until the Closing, and deliver to the Company such information as is required in the Closing Notice in order for the Company to issue the Subscribed Shares to Subscriber, including, without limitation, the legal name of the person in whose name the Subscribed Shares are to be issued and a duly completed and executed Internal Revenue Service Form W-9 or appropriate Form W-8. Upon satisfaction (or, if applicable, waiver) of the conditions set forth in this <u>Section</u> <u>2,</u> the Company shall deliver to Subscriber (i) at the Closing, the Subscribed Shares in book entry form, free and clear of any liens or other restrictions (other than those arising under this Subscription Agreement or applicable securities laws), in the name of Subscriber (or its nominee in accordance with its delivery instructions), and (ii) as promptly as practicable after the Closing, evidence from the Company's transfer agent of the issuance to Subscriber of the Subscribed Shares on and as of the Closing Date. In the event that (i) the Company does not accept the subscription or (ii) the consummation of the Transaction does not occur within ten (10) Business Days after the anticipated Closing Date specified in the Closing Notice, unless otherwise agreed to in writing by the Company and the Subscriber, the Company shall promptly (but in no event later than twelve (12) Business Days after the anticipated Closing Date specified in the Closing Notice) return the funds so delivered by Subscriber to the Company by wire transfer in immediately available funds to the account specified by Subscriber, and any book entries shall be deemed cancelled. Notwithstanding such return or cancellation (x) a failure to close on the anticipated Closing Date shall not, by itself, be deemed to be a failure of any of the conditions to Closing set forth in this <u>Section</u> <u>2</u> to be satisfied or waived on or prior to the Closing Date, and (y) unless and until this Subscription Agreement is terminated in accordance with <u>Section</u> <u>7</u> herein, Subscriber shall remain obligated (A) to redeliver funds to the Company in escrow following the Company's delivery to Subscriber of a new Closing Notice and (B) to consummate the Closing upon satisfaction of the conditions set forth in this <u>Section</u> <u>2</u>. For the purposes of this Subscription Agreement, "<u>Business Day</u>" means any day other than a Saturday, Sunday or any other day on which the Federal Reserve Bank of New York is closed. Any funds held in escrow by the Company will be uninvested, and the Subscriber shall not be entitled to any interest earned thereon.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) The Closing shall be subject to the satisfaction, or valid waiver by each of the parties hereto, of the conditions that, on the Closing Date:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) no suspension of the qualification of the Subscribed Shares for offering or sale or trading in any
jurisdiction, or initiation or threatening of any proceedings for any of such purposes, shall have occurred;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) the terms of the Share Purchase Agreement (including the conditions thereto) shall not have been amended or
waived in a manner that is materially adverse to the Subscriber (in its capacity as such);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) all conditions precedent to the closing of the Transaction set forth in the Share Purchase Agreement shall have
been satisfied (as determined by the parties to the Share Purchase Agreement) or waived (other than those conditions which, by their nature, are to be satisfied at the closing of the Transaction pursuant to the Share Purchase Agreement), and the
closing of the Transaction shall be scheduled to occur substantially concurrently with or immediately following the Closing; and

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) no governmental authority shall have enacted, issued, promulgated, enforced or entered any judgment, order,
law, rule or regulation which is then in effect and has the effect of making the consummation of the transactions contemplated hereby illegal or otherwise restraining or prohibiting consummation of the transactions contemplated hereby.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) The obligation of the Company to consummate the Closing shall be subject to the satisfaction or valid waiver by the Company of the additional conditions that, on the Closing Date:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) all representations and warranties of Subscriber contained in this Subscription Agreement shall be true and
correct in all material respects (other than representations and warranties that are qualified as to materiality or Subscriber Material Adverse Effect (as defined below), which representations and warranties shall be true and correct in all
respects) at and as of the Closing Date; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) Subscriber shall have performed, satisfied and complied in all material respects with all covenants, agreements
and conditions required by this Subscription Agreement to be performed, satisfied or complied with by it at or prior to the Closing.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) The obligation of Subscriber to consummate the Closing shall be subject to the satisfaction or valid waiver by Subscriber of the additional conditions that, on the Closing Date:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) all representations and warranties of the Company contained in this Subscription Agreement shall be true and
correct in all material respects (other than representations and warranties that are qualified as to materiality or Company Material Adverse Effect (as defined below), which representations and warranties shall be true and correct in all respects)
at and as of the Closing Date; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) the Company shall have performed, satisfied and complied in all material respects with all covenants,
agreements and conditions required by this Subscription Agreement to be performed, satisfied or complied with by it at or prior to the Closing.

Section 3 <u>Company Representations and Warranties</u>*.* The Company represents and warrants to Subscriber that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The Company (i) is duly organized, validly existing and in good standing under the laws of its jurisdiction of incorporation, (ii) has the requisite power and authority to own, lease and operate its properties, to carry on its business as it is now being conducted and to enter into, deliver and perform its obligations under this Subscription Agreement, and (iii) is duly licensed or qualified to conduct its business and, if applicable, is in good standing under the laws of each jurisdiction (other than its jurisdiction of incorporation) in which the conduct of its business or the ownership of its properties or assets requires such license or qualification, except, with respect to

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the foregoing <u>clause (iii)</u>, where the failure to be in good standing would not reasonably be expected to have a Company Material Adverse Effect. For purposes of this Subscription Agreement, a "<u>Company Material Adverse Effect</u>" means an event, change, development, occurrence, condition or effect with respect to the Company and its subsidiaries, taken together as a whole (on a consolidated basis), that, individually or in the aggregate, would reasonably be expected to have a material adverse effect on the business, properties, general affairs, management, financial position, stockholders' equity, or results of operations of the Company and its subsidiaries taken as a whole, or on the Company's ability to consummate the Transaction contemplated hereby, including the issuance and sale of the Subscribed Shares.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) As of the Closing Date, the Subscribed Shares will be duly authorized and, when issued and delivered to Subscriber against full payment therefor in accordance with the terms of this Subscription Agreement, will be validly issued, fully paid and non-assessable and will not have been issued in violation of any preemptive or similar rights created under the Company's organizational documents (as adopted on or prior to the Closing Date), by contract or the laws of its jurisdiction of incorporation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) This Subscription Agreement has been duly authorized, executed and delivered by the Company, and assuming the due authorization, execution and delivery of the same by Subscriber, this Subscription Agreement shall constitute the valid and legally binding obligation of the Company, enforceable against the Company in accordance with its terms, except as such enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium and similar laws affecting creditors generally and by the availability of equitable remedies.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Assuming the accuracy of the representations and warranties of Subscriber, the execution and delivery of this Subscription Agreement, the issuance and sale of the Subscribed Shares and the compliance by the Company with all of the provisions of this Subscription Agreement and the consummation of the transactions contemplated herein will not conflict with or result in a breach or violation of any of the terms or provisions of, or constitute a default under, or result in the creation or imposition of any lien, charge or encumbrance upon any of the property or assets of the Company or any of its subsidiaries pursuant to the terms of (i) any indenture, mortgage, deed of trust, loan agreement, lease, license or other agreement or instrument to which the Company is a party or by which the Company or any of its subsidiaries is bound or to which any of the property or assets of the Company or any of its subsidiaries is subject; (ii) the organizational documents of the Company or any of its subsidiaries; or (iii) any statute or any judgment, order, rule or regulation of any court or governmental agency or body, domestic or foreign, having jurisdiction over the Company or any of its subsidiaries or any of their properties that, in the case of <u>clauses (i)</u> and <u>(iii)</u>, would reasonably be expected to have a Company Material Adverse Effect.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) Assuming the accuracy of the representations and warranties of Subscriber, the Company is not required to obtain any consent, waiver, authorization or order of, give any notice to, or make any filing or registration with, any court or other federal, state, local or other governmental authority, self-regulatory organization (including New York Stock Exchange (the "<u>Stock Exchange</u>")) or other person in connection with the execution, delivery and performance of this Subscription Agreement (including, without limitation, the issuance of the Subscribed Shares), other than (i) filings required by applicable state securities laws, (ii) the filing of the Registration Statement pursuant to <u>Section</u> <u>5</u> below, (iii) the filing of a Notice of Exempt Offering

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of Securities on Form D with the United States Securities and Exchange Commission ("<u>Commission</u>") under Regulation D of the Securities Act of 1933, as amended (the "<u>Securities Act</u>"), if applicable, (iv) those required by the Stock Exchange, including with respect to obtaining stockholder approval, (v) those required to consummate the Transaction as provided under the Share Purchase Agreement, (vi) the filing of notification under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, if applicable, and (vii) the failure of which to obtain would not be reasonably likely to have a Company Material Adverse Effect.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) As of their respective dates, all reports (the "<u>SEC Reports</u>") required to be filed by the Company with the Commission complied in all material respects with the applicable requirements of the Securities Act and/or the Securities Exchange Act of 1934, as amended (the "<u>Exchange Act</u>"), and the rules and regulations of the Commission promulgated thereunder, and none of the SEC Reports, when filed, contained any untrue statement of a material fact or omitted to state a material fact required to be stated therein or necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading. The financial statements of the Company included in the SEC Reports comply in all material respects with applicable accounting requirements and the rules and regulations of the Commission with respect thereto as in effect at the time of filing and fairly present in all material respects the financial position of the Company as of and for the dates thereof and the results of operations and cash flows for the periods then ended, subject, in the case of unaudited statements, to normal, year-end audit adjustments. A copy of each SEC Report is available to the Subscriber via the Commission's EDGAR system. The Company has timely filed each report, statement, schedule, prospectus, and registration statement that the Company was required to file with the Commission since its initial registration of the Common Stock with the Commission. There are no material outstanding or unresolved comments in comment letters from the staff of the Division of Corporation Finance of the Commission with respect to any of the SEC Reports. For the avoidance of doubt, any correction, change or restatement of the financial statements of the Company shall not be deemed to be material if (i) the financial statements prior to giving effect to such correction, change or restatement were prepared in accordance with market practice for special purpose acquisition companies at the time the financial statements were filed or included in an SEC Report and (ii) the correction, change or restatement solely implements guidance or rules that determine that such market practice did not comply with applicable accounting requirements or the rules and regulation of the Commission with respect thereto.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) Except for such matters as have not had and would not be reasonably likely to have a Company Material Adverse Effect, there is no (i) suit, action, claim or other proceeding or arbitration before a governmental authority or arbitrator pending, or, to the knowledge of the Company, threatened in writing against the Company or any of its subsidiaries or (ii) judgment, decree, injunction, ruling or order of any governmental authority or arbitrator outstanding against the Company or any of its subsidiaries.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h) Assuming the accuracy of Subscriber's representations and warranties set forth in <u>Section</u> <u>4</u> of this Subscription Agreement, no registration under the Securities Act is required for the offer and sale of the Subscribed Shares by the Company to Subscriber.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) Neither the Company nor any person acting on its behalf has engaged or will engage in any form of general solicitation or general advertising (within the meaning of Regulation D) in connection with any offer or sale of the Subscribed Shares.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(j) No broker or finder is entitled to any brokerage or finder's fee or commission solely in connection with the sale of the Subscribed Shares to Subscriber.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(k) As of the date hereof, the issued and outstanding Shares of the Company are registered pursuant to Section 12(b) of the Securities Exchange Act, and are listed for trading on the New York Stock Exchange (the "<u>NYSE</u>") under the symbol "DMYS." There is no suit, action, proceeding or investigation pending or, to the knowledge of the Company, threatened against the Company by NYSE or the Commission with respect to any intention by such entity to deregister the Shares or prohibit or terminate the listing of the Shares on NYSE. The Company has taken no action that is designed to terminate the registration of the Shares under the Exchange Act.

Section 4 <u>Subscriber Representations and Warranties</u>*.* Subscriber represents and warrants to the Company that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Subscriber (i) is duly organized, validly existing and in good standing under the laws of its jurisdiction of incorporation, and (ii) has the requisite power and authority to enter into and perform its obligations under this Subscription Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) This Subscription Agreement has been duly executed and delivered by Subscriber, and assuming the due authorization, execution and delivery of the same by the Company, this Subscription Agreement shall constitute the valid and legally binding obligation of Subscriber, enforceable against Subscriber in accordance with its terms, except as such enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium and similar laws affecting creditors generally and by the availability of equitable remedies.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) The execution and delivery of this Subscription Agreement, the purchase of the Subscribed Shares and the compliance by Subscriber with all of the provisions of this Subscription Agreement and the consummation of the transactions contemplated herein will not conflict with or result in a breach or violation of any of the terms or provisions of, or constitute a default under, or result in the creation or imposition of any lien, charge or encumbrance upon any of the property or assets of Subscriber pursuant to the terms of (i) any indenture, mortgage, deed of trust, loan agreement, lease, license or other agreement or instrument to which Subscriber is a party or by which Subscriber is bound or to which any of the property or assets of Subscriber is subject; (ii) the organizational documents of Subscriber; or (iii) any statute or any judgment, order, rule or regulation of any court or governmental agency or body, domestic or foreign, having jurisdiction over Subscriber or any of its properties that, in the case of <u>clauses (i)</u> and <u>(iii)</u>, would reasonably be expected to have a Subscriber Material Adverse Effect. For purposes of this Subscription Agreement, a "<u>Subscriber Material Adverse Effect</u>" means an event, change, development, occurrence, condition or effect with respect to Subscriber that would reasonably be expected to have a material adverse effect on Subscriber's ability to consummate the transactions contemplated hereby, including the purchase of the Subscribed Shares.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Subscriber (i) is a "qualified institutional buyer" (as defined in Rule 144A under the Securities Act) or an "accredited investor" (within the meaning of Rule 501(a)(1), (2), (3) or (7) under the Securities Act), in each case, satisfying the applicable requirements set forth on Annex A, (ii) is acquiring the Subscribed Shares only for its own account and not for the account of others, or if Subscriber is subscribing for the Subscribed Shares as a fiduciary or agent for one or more investor accounts, each owner of such account is a qualified institutional buyer and

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Subscriber has full investment discretion with respect to each such account, and the full power and authority to make the acknowledgements, representations and agreements herein on behalf of each owner of each such account, and (iii) is not acquiring the Subscribed Shares with a view to, or for offer or sale in connection with, any distribution thereof in violation of the Securities Act (and has provided the Company with the requested information on Annex A following the signature page hereto). Subscriber is not an entity formed for the specific purpose of acquiring the Subscribed Shares and is an "institutional account" as defined by FINRA Rule 4512(c).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) Subscriber understands that the Subscribed Shares are being offered in a transaction not involving any public offering within the meaning of the Securities Act and that the Subscribed Shares have not been registered under the Securities Act. Subscriber understands that the Subscribed Shares may not be offered, resold, transferred, pledged or otherwise disposed of by Subscriber absent an effective registration statement under the Securities Act, except (i) to the Company or a subsidiary thereof, or (ii) pursuant to an applicable exemption from the registration requirements of the Securities Act, and, in each of cases (i) and (ii), in accordance with any applicable securities laws of the applicable states and other jurisdictions of the United States, and that any certificates or book entry records representing the Subscribed Shares shall contain a restrictive legend to such effect. The Subscriber acknowledges and agrees that the Subscribed Shares will be subject to these securities law transfer restrictions and, as a result of these transfer restrictions, Subscriber may not be able to readily resell the Subscribed Shares and may be required to bear the financial risk of an investment in the Subscribed Shares for an indefinite period of time. Subscriber acknowledges and agrees that the Subscribed Shares will not be eligible for offer, resale, transfer, pledge or disposition pursuant to Rule 144 promulgated under the Securities Act until at least one year from the filing of "Form 10 information" with the Commission after the Closing Date. Subscriber understands that it has been advised to consult legal counsel prior to making any offer, resale, pledge or transfer of any of the Subscribed Shares.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) Subscriber understands and agrees that Subscriber is purchasing the Subscribed Shares directly from the Company. Subscriber further acknowledges that there have not been, and Subscriber hereby agrees that it is not relying on, any representations, warranties, covenants or agreements made to Subscriber by the Company, any of its affiliates or any control persons, officers, directors, employees, partners, agents or representatives, any other party to the Transaction or any other person or entity, expressly or by implication, other than those representations, warranties, covenants and agreements of the Company set forth in this Subscription Agreement. Subscriber acknowledges that certain information provided by the Company was based on projections, and such projections were prepared based on assumptions and estimates that are inherently uncertain and are subject to a wide variety of significant business, economic and competitive risks and uncertainties that could cause actual results to differ materially from those contained in the projections.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) In making its decision to purchase the Subscribed Shares, Subscriber has relied solely upon independent investigation made by Subscriber. Subscriber acknowledges and agrees that Subscriber has received such information as Subscriber deems necessary in order to make an investment decision with respect to the Subscribed Shares, including with respect to the Company and the Transaction (including Rainwater Tech (the "<u>Acquired Company</u>")). Subscriber represents and agrees that Subscriber and Subscriber's professional advisor(s), if any, have had the full opportunity to ask such questions, receive such answers and obtain such information as Subscriber

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and such undersigned's professional advisor(s), if any, have deemed necessary to make an investment decision with respect to the Subscribed Shares. Without limiting the generality of the foregoing, the Subscriber acknowledges that it has reviewed the Company's filings with the Commission. In connection with the issuance of the Subscribed Shares to Subscriber, neither the Company nor any of its affiliates (nor any officer, director, employee or representative of the Company or its affiliates) has acted as a financial advisor or fiduciary to Subscriber.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h) Subscriber became aware of this offering of the Subscribed Shares solely by means of direct contact between Subscriber and the Company and/or Rainwater Tech, or their respective representatives or affiliates, and the Subscribed Shares were offered to Subscriber solely by direct contact between Subscriber and the Company and/or Rainwater Tech, or their respective affiliates. Subscriber did not become aware of this offering of the Subscribed Shares, nor were the Subscribed Shares offered to Subscriber, by any other means. Subscriber acknowledges that the Company represents and warrants that the Subscribed Shares (i) were not offered by any form of general solicitation or general advertising and (ii) are not being offered in a manner involving a public offering under, or in a distribution in violation of, the Securities Act, or any state securities laws.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) Subscriber acknowledges that it is aware that there are substantial risks incident to the purchase and ownership of the Subscribed Shares. Subscriber has such knowledge and experience in financial and business matters as to be capable of evaluating the merits and risks of an investment in the Subscribed Shares, and Subscriber has had an opportunity to seek, and has sought, such accounting, legal, business and tax advice as Subscriber has considered necessary to make an informed investment decision.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(j) Subscriber has adequately analyzed and fully considered the risks of an investment in the Subscribed Shares and determined that the Subscribed Shares are a suitable investment for Subscriber and that Subscriber is able at this time and in the foreseeable future to bear the economic risk of a total loss of Subscriber's investment in the Company. Subscriber acknowledges specifically that a possibility of total loss exists.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(k) Subscriber understands and agrees that no federal or state agency has passed upon or endorsed the merits of the offering of the Subscribed Shares or made any findings or determination as to the fairness of this investment.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(l) Subscriber and any person having a beneficial interest in Subscriber are not, and Subscriber is not owned or controlled by or acting on behalf of (in connection with this Transaction), a Sanctioned Person or a Politically Exposed Person, or a family member or close associate of a Politically Exposed Person. Subscriber is not an institution that accepts currency for deposit and that (a) has no physical presence in the jurisdiction in which it is incorporated or in which it is operating and (b) is unaffiliated with a regulated financial group that is subject to consolidated supervision (a "<u>Shell Bank</u>") or providing banking services to a Shell Bank. Subscriber represents that if it is a financial institution subject to the Bank Secrecy Act (31 U.S.C. Section 5311 et seq.), as amended by the USA PATRIOT Act of 2001 and its implementing regulations (collectively, the "<u>BSA/PATRIOT Act</u>"), that Subscriber maintains policies and procedures reasonably designed to comply with applicable obligations under the BSA/PATRIOT Act. Subscriber also represents that, to the extent required by applicable law, it maintains, either directly or through the use of a third-party administrator, policies and procedures reasonably designed for the screening of any investors against Sanctions-related lists of blocked or restricted

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persons. Subscriber further represents and warrants that (a) the funds held by Subscriber and used to purchase the Subscribed Shares were not directly or indirectly derived from or related to any activities that may contravene U.S. federal, state or non-U.S. anti-money laundering, anti-corruption or Sanctions laws and regulations or activities that may otherwise be deemed criminal and (b) the proceeds from the Subscriber's investment will not be used to finance any illegal activities. For purposes of this Agreement, "Sanctioned Person" means at any time any person or entity with whom dealings are restricted, prohibited, or sanctionable under any Sanctions (as defined below), including as a result of being : (a) listed on any Sanctions-related list of designated or blocked or restricted persons; (b) that is a national of, the government of, or any agency or instrumentality of the government of, or resident in, or organized under the laws of, a country or territory that is the target of comprehensive Sanctions from time to time (as of the date of this Agreement, Cuba, Iran, North Korea, Syria, and the Crimea region); or (c) a relationship of ownership, control, or agency with any of the foregoing. "Sanctions" means those trade, economic and financial sanctions laws, regulations, embargoes, and restrictive measures (in each case having the force of law) administered, enacted or enforced from time to time by (a) the United States (including without limitation the U.S. Department of the Treasury, Office of Foreign Assets Control, the U.S. Department of State, and the U.S. Department of Commerce), (b) the European Union and enforced by its member states, (c) the United Nations and (d) the United Kingdom. A "Politically Exposed Person" means an individual who is or has been entrusted with prominent public functions in a foreign country, including a head of state or of government, a senior politician, a senior government, judicial or military official, a senior executive of a state-owned corporation, an important political party official or a family member or close associate of any of the foregoing.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(m) Subscriber and any person having a beneficial interest in Subscriber are not, and Subscriber is not owned or controlled by or acting on behalf of (in connection with this Transaction), a person or entity resident in, or whose funds used to purchase the Subscribed Shares are transferred from or through, a country, territory or entity that (i) has been designated as non-cooperative with international anti-money laundering or counter terrorist financing principles or procedures by the United States or by an intergovernmental group or organization, such as the Financial Action Task Force, of which the United States is a member; (ii) is the subject of an advisory issued by the Financial Crimes Enforcement Network of the U.S. Department of the Treasury; or (iii) has been designated by the Secretary of the Treasury under Section 311 of the USA PATRIOT Act as warranting special measures due to money laundering concerns (any such country or territory, a "Non-cooperative Jurisdiction"), or an entity or individual that resides or has a place of business in, or is organized under the laws of, a Non-cooperative Jurisdiction.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(n) Subscriber does not have, as of the date hereof, and during the 30-day period immediately prior to the date hereof such Subscriber has not entered into, any "put equivalent position" as such term is defined in Rule 16a-1 under the Exchange Act or Short Sale positions with respect to the securities of the Company or Rainwater Tech. Notwithstanding the foregoing, in the case of a Subscriber that is a multi-managed investment vehicle whereby separate portfolio managers manage separate portions of such Subscriber's assets and the portfolio managers have no direct knowledge of the investment decisions made by the portfolio managers managing other portions of such Subscriber's assets, the representation set forth above shall only apply with respect to the portion of assets managed by the portfolio manager that made the investment decision to purchase the Subscribed Shares covered by this Agreement.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(o) Subscriber is not currently (and at all times through Closing will refrain from being or becoming) a member of a "group" (within the meaning of Section 13(d)(3) or Section 14(d)(2) of the Exchange Act or any successor provision) including any group acting for the purpose of acquiring, holding, voting or disposing of equity securities of the Company or Rainwater Tech (within the meaning of Rule 13d-5(b)(1) under the Exchange Act).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(p) If Subscriber is an employee benefit plan that is subject to Title I of the Employee Retirement Income Security Act of 1974, as amended ("ERISA"), a plan, an individual retirement account or other arrangement that is subject to section 4975 of the Internal Revenue Code of 1986, as amended (the "<u>Code</u>") or an employee benefit plan that is a governmental plan (as defined in section 3(32) of ERISA), a church plan (as defined in section 3(33) of ERISA), a non-U.S. plan (as described in section 4(b)(4) of ERISA) or other plan that is not subject to the foregoing but may be subject to provisions under any other federal, state, local, non-U.S. or other laws or regulations that are similar to such provisions of ERISA or the Code, or an entity whose underlying assets are considered to include "plan assets" of any such plan, account or arrangement (each, a "<u>Plan</u>") subject to the fiduciary or prohibited transaction provisions of ERISA or section 4975 of the Code, Subscriber represents and warrants that (i) neither the Company, nor any of its respective affiliates, including dMY Sponsor VI, LLC (the "<u>Transaction Parties</u>"), has acted as the Plan's fiduciary, or has been relied on for advice, with respect to its decision to acquire and hold the Subscribed Shares, and none of the Transaction Parties shall at any time be relied upon as the Plan's fiduciary with respect to any decision to acquire, continue to hold or transfer the Subscribed Shares and (ii) the acquisition and holding of the Subscribed Shares will not result in a non-exempt prohibited transaction under ERISA or Section 4975 of the Code.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(q) Subscriber at the Closing will have sufficient funds to pay the Purchase Price pursuant to <u>Section</u> <u>2</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(r) No broker or finder is entitled to any brokerage or finder's fee or commission solely in connection with the sale of the Subscribed Shares to Subscriber.

Section 5 <u>Registration of Subscribed Shares</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The Company agrees that, no later than forty five (45) Business Days following the Closing Date, the Company will use its commercially reasonable efforts to file with the Commission (at the Company's sole cost and expense) a registration statement registering the resale of the Subscribed Shares (the "<u>Registration Statement</u>") and the Company shall use its commercially reasonable efforts to have the Registration Statement declared effective as soon as reasonably practicable after the initial filing of the Registration Statement (the "<u>Effectiveness Deadline</u>"), provided that the Effectiveness Deadline shall be extended if the Registration Statement is reviewed by, and comments thereto are provided from, the Commission. The Company will use its commercially reasonable efforts to provide a draft of the Registration Statement to the undersigned for review (but not comment) at least two (2) Business Days in advance of filing the Registration Statement; provided that, for the avoidance of doubt, in no event shall the Company be required to delay or postpone the filing of such Registration Statement as a result of or in connection with Subscriber's review. In no event shall the undersigned be identified as a statutory underwriter in the Registration Statement unless requested by the Commission; provided, that if the Commission requests that a Subscriber be identified as a statutory underwriter in the Registration Statement, Subscriber will have the opportunity to

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withdraw from the Registration Statement. Notwithstanding the foregoing, if the Commission prevents the Company from including any or all of the shares proposed to be registered under the Registration Statement due to limitations on the use of Rule 415 of the Securities Act for the resale of the Subscribed Shares by the applicable stockholders or otherwise, such Registration Statement shall register for resale such number of Subscribed Shares which is equal to the maximum number of Subscribed Shares as is permitted by the Commission. In such event, the number of Subscribed Shares to be registered for each selling stockholder named in the Registration Statement shall be reduced *pro rata* among all such selling stockholders. The Company agrees that, except for such times as the Company is permitted hereunder to suspend the use of the prospectus forming part of a Registration Statement, the Company will use commercially reasonable efforts to cause such Registration Statement to remain effective with respect to Subscriber until the earlier of (i) two (2) years from the issuance of the Subscribed Shares, (ii) the date on which all of the Subscribed Shares shall have been sold, or (iii) on the first date on which the undersigned can sell all of its Subscribed Shares (or shares received in exchange therefor) under Rule 144 of the Securities Act without limitation as to the manner of sale or the amount of such securities that may be sold. For as long as the Registration Statement shall remain effective pursuant to the immediately preceding sentence, the Company will use commercially reasonable efforts to file all reports, and provide all customary and reasonable cooperation, necessary to enable the undersigned to resell the Subscribed Shares pursuant to the Registration Statement or Rule 144 of the Securities Act (when Rule 144 of the Securities Act becomes available to the Company), as applicable, qualify the Subscribed Shares for listing on the applicable stock exchange on which the Company's Shares are then listed, and update or amend the Registration Statement as necessary to include the Subscribed Shares. The undersigned agrees to disclose its beneficial ownership, as determined in accordance with Rule 13d-3 of the Securities Exchange Act of 1934 (as amended, the "<u>Exchange Act</u>"), of Subscribed Shares to the Company (or its successor) upon request to assist the Company in making the determination described above. The Company's obligations to include the Subscribed Shares in the Registration Statement are contingent upon Subscriber furnishing in writing to the Company such information regarding Subscriber, the securities of the Company held by Subscriber and the intended method of disposition of the Subscribed Shares as shall be reasonably requested by the Company to effect the registration of the Subscribed Shares, and Subscriber shall execute such documents in connection with such registration as the Company may reasonably request that are customary of a selling stockholder in similar situations, including providing that the Company shall be entitled to postpone and suspend the effectiveness or use of the Registration Statement during any customary blackout or similar period or as permitted hereunder. In the case of the registration effected by the Company pursuant to this Subscription Agreement, the Company shall, upon reasonable request, inform Subscriber as to the status of such registration. Subscriber shall not be entitled to use the Registration Statement for an underwritten offering of Subscribed Shares. Notwithstanding anything to the contrary contained herein, the Company may delay or postpone filing of such Registration Statement, and from time to time require Subscriber not to sell under the Registration Statement or suspend the use or effectiveness of any such Registration Statement if it determines that in order for the registration statement to not contain a material misstatement or omission, an amendment thereto would be needed, or if such filing or use could materially affect a bona fide business or financing transaction of the Company or would require premature disclosure of information that could materially adversely affect the Company (each such circumstance, a "<u>Suspension Event</u>"); provided, that, (w) the Company shall not so delay filing or so suspend the use of the Registration Statement for a period

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of more than ninety (90) consecutive days or more than a total of one hundred-twenty (120) calendar days, in each case in any three hundred sixty (360) day period and (x) the Company shall use commercially reasonable efforts to make such registration statement available for the sale by the undersigned of such securities as soon as practicable thereafter.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Upon receipt of any written notice from the Company (which notice shall not contain any material non-public information regarding the Company) of the happening of any Suspension Event during the period that the Registration Statement is effective or if as a result of a Suspension Event the Registration Statement or related prospectus contains any untrue statement of a material fact or omits to state any material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made (in the case of the prospectus) not misleading, the undersigned agrees that (i) it will immediately discontinue offers and sales of the Subscribed Shares under the Registration Statement (excluding, for the avoidance of doubt, sales conducted pursuant to Rule 144) until the undersigned receives copies of a supplemental or amended prospectus (which the Company agrees to promptly prepare) that corrects the misstatement(s) or omission(s) referred to above and receives notice that any post-effective amendment has become effective or unless otherwise notified by the Company that it may resume such offers and sales, and (ii) it will maintain the confidentiality of any information included in such written notice delivered by the Company unless otherwise required by law, subpoena or regulatory request or requirement. If so directed by the Company, the undersigned will deliver to the Company or, in the undersigned's sole discretion destroy, all copies of the prospectus covering the Subscribed Shares in the undersigned's possession; provided, however, that this obligation to deliver or destroy all copies of the prospectus covering the Subscribed Shares shall not apply (w) to the extent the undersigned is required to retain a copy of such prospectus (A) in order to comply with applicable legal, regulatory, self-regulatory or professional requirements or (B) in accordance with a bona fide pre-existing document retention policy or (x) to copies stored electronically on archival servers as a result of automatic data back-up.

Section 6 <u>Short Sales.</u> Subscriber hereby agrees that, from the date of this Subscription Agreement, none of Subscriber, its controlled affiliates, or any person or entity acting on behalf of Subscriber or any of its controlled affiliates or pursuant to any understanding with Subscriber or any of its controlled affiliates will engage in any Short Sales with respect to securities of the Company prior to the Closing. For purposes of this Section 6, "<u>Short Sales</u>" shall include, without limitation, all "short sales" as defined in Rule 200 promulgated under Regulation SHO under the Exchange Act, and all types of direct and indirect stock pledges (other than pledges in the ordinary course of business as part of prime brokerage arrangements), forward sale contracts, options, puts, calls, swaps and similar arrangements (including on a total return basis), and sales and other transactions through non-U.S. broker dealers or foreign regulated brokers. Notwithstanding the foregoing, (i) nothing herein shall prohibit other entities under common management with Subscriber that have no knowledge of this Subscription Agreement or of Subscriber's participation in the Transaction (including Subscriber's controlled affiliates and/or affiliates) from entering into any Short Sales and (ii) in the case of a Subscriber that is a multi-managed investment vehicle whereby separate portfolio managers manage separate portions of such Investor's assets and the portfolio managers have no knowledge of the investment decisions made by the portfolio managers managing other portions of such Subscriber's assets, the covenant set forth above shall only apply with respect to the portion of assets managed by the portfolio manager that made the investment decision to purchase the Subscribed Shares covered by this Subscription Agreement.

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Section 7 <u>Termination</u>. This Subscription Agreement shall terminate and be void and of no further force and effect, and all rights and obligations of the parties hereunder shall terminate without any further liability on the part of any party in respect thereof, upon the earlier to occur of (a) such date and time as the Share Purchase Agreement is terminated in accordance with its terms, (b) upon the mutual written agreement of the parties hereto to terminate this Subscription Agreement or (c) if, on the Closing Date of the Transaction, any of the conditions to Closing set forth in <u>Section</u> <u>2</u> of this Subscription Agreement have not been satisfied as of the time required hereunder to be so satisfied or waived by the party entitled to grant such waiver and, as a result thereof, the transactions contemplated by this Subscription Agreement are not consummated (the termination events described in clauses (a)-(c) above, collectively, the "<u>Termination Events</u>"); *<u>provided</u>*, that nothing herein will relieve any party from liability for any willful breach hereof prior to the time of termination, and each party will be entitled to any remedies at law or in equity to recover losses, liabilities or damages arising from such breach. The Company shall notify Subscriber of the termination of the Share Purchase Agreement promptly after the termination thereof. Upon the occurrence of any Termination Event, except as set forth in the proviso to the first sentence of this <u>Section</u> <u>7</u>, this Subscription Agreement shall be void and of no further effect and any portion of the Purchase Price paid by the Subscriber to Company in connection herewith shall promptly (and in any event within one (1) business day) following the Termination Event be returned to the Subscriber.

Section 8 <u>Trust Account Waiver</u>. Subscriber hereby acknowledges that the Company has established a trust account (the "<u>Trust Account</u>") containing the proceeds of its initial public offering (the "<u>IPO</u>") and from certain private placements occurring simultaneously with the IPO (including interest accrued from time to time thereon) for the benefit of the Company's public stockholders and certain other parties (including the underwriters of the IPO). For and in consideration of the Company entering into this Subscription Agreement, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Subscriber hereby (a) agrees that it does not now and shall not at any time hereafter have any right, title, interest or claim of any kind in or to any assets held in the Trust Account, and shall not make any claim against the Trust Account, regardless of whether such claim arises as a result of, in connection with or relating in any way to this Subscription Agreement or any other matter, and regardless of whether such claim arises based on contract, tort, equity or any other theory of legal liability (any and all such claims are collectively referred to hereafter as the "<u>Released Claims</u>"), (b) irrevocably waives any Released Claims that it may have against the Trust Account now or in the future as a result of, or arising out of, any negotiations, contracts or agreements with the Company, and (c) will not seek recourse against the Trust Account for any reason whatsoever; <u>provided</u>, <u>however</u>, that nothing in this <u>Section</u> <u>8</u> shall be deemed to limit any Subscriber's right to distributions from the Trust Account in accordance with the Company's amended and restated certificate of incorporation in respect of shares of Class A Common Stock of the Company acquired by any means other than pursuant to this Subscription Agreement.

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Section 9 <u>Miscellaneous</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) All notices, requests, demands, claims, and other communications hereunder shall be in writing. Any notice, request, demand, claim, or other communication hereunder shall be deemed duly given (i) when delivered personally to the recipient, (ii) when sent by electronic mail, on the date of transmission to such recipient; provided, that such notice, request, demand, claim or other communication is also sent to the recipient pursuant to <u>clauses (i)</u>, <u>(iii)</u> or <u>(iv)</u> of this <u>Section</u> <u>9(a)</u>, (iii) one (1) Business Day after being sent to the recipient by reputable overnight courier service (charges prepaid), or (iv) four (4) Business Days after being mailed to the recipient by certified or registered mail, return receipt requested and postage prepaid, and, in each case, addressed to the intended recipient at its address specified on the signature page hereof or to such electronic mail address or address as subsequently modified by written notice given in accordance with this <u>Section</u> <u>9(a)</u>. A courtesy electronic copy of any notice sent by methods (i), (iii), or (iv) above shall also be sent to the recipient via electronic mail if provided in the applicable signature page hereof or to an electronic mail address as subsequently modified by written notice given in accordance with this <u>Section</u> <u>9(a)</u>.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Subscriber acknowledges that the Company, Rainwater Tech, and others will rely on the acknowledgments, understandings, agreements, representations and warranties of Subscriber contained in this Subscription Agreement. Prior to the Closing, Subscriber agrees to promptly notify the Company and Rainwater Tech if it becomes aware that any of the acknowledgments, understandings, agreements, representations and warranties of Subscriber set forth herein are no longer accurate in all material respects. Subscriber acknowledges and agrees that each purchase by Subscriber of Subscribed Shares from the Company will constitute a reaffirmation of the acknowledgments, understandings, agreements, representations and warranties herein (as modified by any such notice) by Subscriber as of the time of such purchase. The Company acknowledges that Subscriber will rely on the acknowledgments, understandings, agreements, representations and warranties contained in this Subscription Agreement. Prior to the Closing, the Company agrees to promptly notify Subscriber if it becomes aware that any of the acknowledgments, understandings, agreements, representations and warranties of the Company set forth herein are no longer accurate in all material respects.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Each of the Company, Rainwater Tech, and Subscriber is irrevocably authorized to produce this Subscription Agreement or a copy hereof to any interested party in any administrative or legal proceeding or official inquiry with respect to the matters covered hereby.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Subscriber shall pay all of its own expenses in connection with this Subscription Agreement and the transactions contemplated herein.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) Neither this Subscription Agreement nor any rights that may accrue to Subscriber hereunder (other than the Subscribed Shares acquired hereunder, if any) may be transferred or assigned. Neither this Subscription Agreement nor any rights that may accrue to the Company hereunder may be transferred or assigned (provided, that, for the avoidance of doubt, the Company may transfer the Subscription Agreement and its rights hereunder solely in connection with the consummation of the Transaction and exclusively to another entity under the control of, or under common control with, the Company). Notwithstanding the foregoing, Subscriber may assign its rights and obligations under this Subscription Agreement to one or more of its affiliates (including other investment funds or accounts managed or advised by the investment manager who acts on behalf of Subscriber) or, with the Company's prior written consent, to another person, provided that no such assignment shall relieve Subscriber of its obligations hereunder if any such assignee fails to perform such obligations.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) All the agreements, representations and warranties made by each party hereto in this Subscription Agreement shall survive the Closing. For the avoidance of doubt, if for any reason the Closing does not occur prior to the consummation of the Transaction, all representations, warranties, covenants and agreements of the parties hereunder shall survive the consummation of the Transaction and remain in full force and effect.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) The Company may request from Subscriber such additional information as the Company may reasonably deem necessary to evaluate the eligibility of Subscriber to acquire the Subscribed Shares and to register the Subscribed Shares for resale, and Subscriber shall provide such information as may be reasonably requested. Subscriber acknowledges that, subject to the conditions set forth in Section 9(t), the Company may file a copy of this Subscription Agreement with the Commission as an exhibit to a periodic report of the Company or a registration statement of the Company.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h) This Subscription Agreement may not be amended, modified or waived except by an instrument in writing, signed by each of the parties hereto.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) This Subscription Agreement and any non-disclosure agreement entered into by the parties hereto constitute the entire agreement, and supersedes all other prior agreements, understandings, representations and warranties, both written and oral, among the parties, with respect to the subject matter hereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(j) Except as otherwise provided herein, this Subscription Agreement is intended for the benefit of the parties hereto and their heirs, executors, administrators, successors, legal representatives, and permitted assigns and is not for the benefit of, nor may any provision hereof be enforced by, any other person. Except as set forth in <u>Section</u> <u>9(b)</u>, <u>Section</u> <u>9(c)</u> and this <u>Section</u> <u>9(j)</u> with respect to the persons specifically referenced therein, this Subscription Agreement shall not confer any rights or remedies upon any person other than the parties hereto, and their respective successor and assigns, and the parties hereto acknowledge that such persons so referenced are third party beneficiaries of this Subscription Agreement for the purposes of, and to the extent of, the rights granted to them, if any, pursuant to the applicable provisions.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(k) The parties hereto acknowledge and agree that (i) this Subscription Agreement is being entered into in order to induce the Company to execute and deliver the Share Purchase Agreement and (ii) irreparable damage would occur in the event that any of the provisions of this Subscription Agreement were not performed in accordance with their specific terms or were otherwise breached and that money or other legal remedies would not be an adequate remedy for such damage. It is accordingly agreed that the parties shall be entitled to equitable relief, including in the form of an injunction or injunctions to prevent breaches or threatened breaches of this Subscription Agreement and to enforce specifically the terms and provisions of this Subscription Agreement, this being in addition to any other remedy to which such party is entitled at law, in equity, in contract, in tort or otherwise. The parties hereto acknowledge and agree that the Company shall be entitled to specifically enforce Subscriber's obligations to fund the Subscription Amount and the provisions of the Subscription Agreement, in each case, on the terms and subject to the conditions set forth herein. The parties hereto further acknowledge and agree: (x) to waive any requirement for the security or posting of any bond in connection with any such equitable remedy; (y) not to assert that a remedy of specific enforcement pursuant to this <u>Section</u> <u>9(k)</u> is unenforceable, invalid, contrary to applicable law or inequitable for any reason; and (z) to waive

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any defenses in any action for specific performance, including the defense that a remedy at law would be adequate. In connection with any proceeding for which the Company is being granted an award of money damages, the Subscriber agrees that such damages shall include, without limitation, damages related to the consideration that is or was to be paid to Rainwater Tech under the Share Purchase Agreement and such damages are not limited to an award of out-of-pocket fees and expenses related to the Share Purchase Agreement and this Subscription Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(l) In any dispute arising out of or related to this Subscription Agreement, or any other agreement, document, instrument or certificate contemplated hereby, or any transactions contemplated hereby or thereby, the applicable adjudicating body shall award to the prevailing party, if any, the costs and attorneys' fees reasonably incurred by the prevailing party in connection with the dispute and the enforcement of its rights under this Subscription Agreement or any other agreement, document, instrument or certificate contemplated hereby and, if the adjudicating body determines a party to be the prevailing party under circumstances where the prevailing party won on some but not all of the claims and counterclaims, the adjudicating body may award the prevailing party an appropriate percentage of the costs and attorneys' fees reasonably incurred by the prevailing party in connection with the adjudication and the enforcement of its rights under this Subscription Agreement or any other agreement, document, instrument or certificate contemplated hereby or thereby.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(m) If any provision of this Subscription Agreement shall be invalid, illegal or unenforceable, the validity, legality or enforceability of the remaining provisions of this Subscription Agreement shall not in any way be affected or impaired thereby and shall continue in full force and effect.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(n) No failure or delay by a party hereto in exercising any right, power or remedy under this Subscription Agreement, and no course of dealing between the parties hereto, shall operate as a waiver of any such right, power or remedy of such party. No single or partial exercise of any right, power or remedy under this Subscription Agreement by a party hereto, nor any abandonment or discontinuance of steps to enforce any such right, power or remedy, shall preclude such party from any other or further exercise thereof or the exercise of any other right, power or remedy hereunder. The election of any remedy by a party hereto shall not constitute a waiver of the right of such party to pursue other available remedies. No notice to or demand on a party not expressly required under this Subscription Agreement shall entitle the party receiving such notice or demand to any other or further notice or demand in similar or other circumstances or constitute a waiver of the rights of the party giving such notice or demand to any other or further action in any circumstances without such notice or demand.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(o) This Subscription Agreement may be executed and delivered in one or more counterparts (including by facsimile or electronic mail or in ..pdf) and by different parties in separate counterparts, with the same effect as if all parties hereto had signed the same document. All counterparts so executed and delivered shall be construed together and shall constitute one and the same agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(p) This Subscription Agreement shall be governed by, and construed in accordance with, the laws of the State of New York, without regard to the principles of conflicts of laws that would otherwise require the application of the law of any other state.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(q) **EACH PARTY AND ANY PERSON ASSERTING RIGHTS AS A THIRD PARTY BENEFICIARY HEREBY WAIVES ITS RESPECTIVE RIGHTS TO A TRIAL BY JURY OF ANY CLAIM OR CAUSE OF ACTION BASED UPON OR ARISING OUT OR RELATED TO THIS SUBSCRIPTION AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY IN ANY ACTION, PROCEEDING OR OTHER LITIGATION OF ANY TYPE BROUGHT BY ANY PARTY AGAINST ANY OTHER PARTY OR ANY AFFILIATE OF ANY OTHER SUCH PARTY, WHETHER WITH RESPECT TO CONTRACT CLAIMS, TORT CLAIMS OR OTHERWISE. THE PARTIES AGREE THAT ANY SUCH CLAIM OR CAUSE OF ACTION SHALL BE TRIED BY A COURT TRIAL WITHOUT A JURY. WITHOUT LIMITING THE FOREGOING, THE PARTIES FURTHER AGREE THAT THEIR RESPECTIVE RIGHT TO A TRIAL BY JURY IS WAIVED BY OPERATION OF THIS SECTION AS TO ANY ACTION, COUNTERCLAIM OR OTHER PROCEEDING WHICH SEEKS, IN WHOLE OR IN PART, TO CHALLENGE THE VALIDITY OR ENFORCEABILITY OF THIS SUBSCRIPTION AGREEMENT OR ANY PROVISION HEREOF. THIS WAIVER SHALL APPLY TO ANY SUBSEQUENT AMENDMENTS, RENEWALS, SUPPLEMENTS OR MODIFICATIONS TO THIS SUBSCRIPTION AGREEMENT.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(r) The parties agree that all disputes, legal actions, suits and proceedings arising out of or relating to this Subscription Agreement must be brought exclusively in the United States District Court for the Southern District of New York, the Supreme Court of the State of New York and the federal courts of the United States of America located in the State of New York (collectively the "<u>Designated Courts</u>"). Each party hereby consents and submits to the exclusive jurisdiction of the Designated Courts. No legal action, suit or proceeding with respect to this Subscription Agreement may be brought in any other forum. Each party hereby irrevocably waives all claims of immunity from jurisdiction, and any objection which such party may now or hereafter have to the laying of venue of any suit, action or proceeding in any Designated Court, including any right to object on the basis that any dispute, action, suit or proceeding brought in the Designated Courts has been brought in an improper or inconvenient forum or venue. Each of the parties also agrees that delivery of any process, summons, notice or document to a party hereof in compliance with <u>Section</u> <u>9(a)</u> of this Subscription Agreement shall be effective service of process for any action, suit or proceeding in a Designated Court with respect to any matters to which the parties have submitted to jurisdiction as set forth above.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(s) This Subscription Agreement may only be enforced against, and any claim, action, suit or other legal proceeding based upon, arising out of, or related to this Subscription Agreement, or the negotiation, execution or performance of this Subscription Agreement, may only be brought against the entities that are expressly named as parties or third party beneficiaries hereto and then only with respect to the specific obligations set forth herein with respect to such party or third party beneficiary. No past, present or future director, officer, employee, incorporator, manager, member, partner, stockholder, affiliate, agent, attorney or other representative of any party hereto or of any affiliate of any party hereto, or any of their successors or permitted assigns, shall have any liability for any obligations or liabilities of any party hereto under this Subscription Agreement or for any claim, action, suit or other legal proceeding based on, in respect of or by reason of the transactions contemplated hereby.

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(t) Subscriber hereby consents to the publication and disclosure in any press release issued by the Company or Rainwater Tech, any Form 8-K filed by the Company with the Commission in connection with the execution and delivery of the Share Purchase Agreement or the transactions contemplated thereby and the Schedule TO (as defined in the Share Purchase Agreement) (and, as and to the extent otherwise required by the federal securities laws, exchange rules, the Commission or any other securities authorities or any rules and regulations promulgated thereby, any other documents or communications provided by the Company or Rainwater Tech to any governmental entity or to any securityholders of the Company) of Subscriber's identity and beneficial ownership of the Subscribed Shares and the nature of Subscriber's commitments, arrangements and understandings under and relating to this Agreement and, if deemed appropriate by the Company or Rainwater Tech, a copy of this Agreement, all solely to the extent required by applicable law or any regulation or stock exchange listing requirement. Subscriber will promptly provide any information reasonably requested by the Company or Rainwater Tech for any regulatory application or filing made or approval sought in connection with the Transaction (including filings with the Commission). For the avoidance of doubt, nothing in this Agreement shall require or be deemed to require the Company or Rainwater Tech to make public or disclose any material, non-public information that the Company and/or Rainwater Tech have provided to Subscriber other than the material, non-public information that is contained in the Schedule TO (as defined in the Share Purchase Agreement) or other filings of the Company with the Commission. Notwithstanding the foregoing, the Company shall provide to Subscriber a copy of any proposed disclosure relating to the Subscriber in accordance with the provisions of this <u>Section</u> <u>9(t)</u> in advance of any publication thereof and shall include such revisions to such proposed disclosure as Subscriber shall reasonably request.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(u) The obligations of Subscriber under this Subscription Agreement are several and not joint with the obligations of any Other Subscriber or any other investor under the Other Subscription Agreements, and Subscriber shall not be responsible in any way for the performance of the obligations of any Other Subscriber under this Subscription Agreement or any Other Subscriber or other investor under the Other Subscription Agreements. The decision of Subscriber to purchase Subscribed Shares pursuant to this Subscription Agreement has been made by Subscriber independently of any Other Subscriber or any other investor and independently of any information, materials, statements or opinions as to the business, affairs, operations, assets, properties, liabilities, results of operations, condition (financial or otherwise) or prospects of the Company, Rainwater Tech or any of their respective subsidiaries which may have been made or given by any Other Subscriber or investor or by any agent or employee of any Other Subscriber or investor, and neither Subscriber nor any of its agents or employees shall have any liability to any Other Subscriber or investor (or any other person) relating to or arising from any such information, materials, statements or opinions. Nothing contained herein or in any Other Subscription Agreement, and no action taken by Subscriber or investor pursuant hereto or thereto, shall be deemed to constitute Subscriber and Other Subscribers or other investors as a partnership, an association, a joint venture or any other kind of entity, or create a presumption that Subscriber and Other Subscribers or other investors are in any way acting in concert or as a group with respect to such obligations or the transactions contemplated by this Subscription Agreement and the Other Subscription Agreements. Subscriber acknowledges that no Other Subscriber has acted as agent for Subscriber in connection with making its investment hereunder and no Other Subscriber will be acting as agent of Subscriber in connection with monitoring its investment in the Subscribed Shares or enforcing its rights under this Subscription Agreement. Subscriber shall be entitled to independently protect and enforce its rights, including without limitation the rights arising out of this Subscription Agreement, and it shall not be necessary for any Other Subscriber or investor to be joined as an additional party in any proceeding for such purpose.

[Signature pages follow.]

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**IN WITNESS WHEREOF**, each of the Company and Subscriber has executed or caused this Subscription Agreement to be executed by its duly authorized representative as of the date first set forth above.

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| |
|:---|
| By: |
| Name: |
| Title: |
| Address for Notices |
| ATTN: |
| EMAIL: |
| with a copy (not to constitute notice) to: |
| ATTN: |
| EMAIL: |

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[*Signature Page to Subscription Agreement*]

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| | |
|:---|:---|
| DMY TECHNOLOGY GROUP, INC. VI | DMY TECHNOLOGY GROUP, INC. VI |
| By: |  |
| Name: Niccolo de Masi | Name: Niccolo de Masi |
| Title: Chief Executive Officer | Title: Chief Executive Officer |
| Address for Notices | Address for Notices |
| 1180 North Town Center Drive, Suite 100, | 1180 North Town Center Drive, Suite 100, |
| Las Vegas, Nevada 89144 | Las Vegas, Nevada 89144 |
| ATTN: Niccolo de Masi, Chief Executive Officer | ATTN: Niccolo de Masi, Chief Executive Officer |
| EMAIL: niccolo@dmytechnology.com | EMAIL: niccolo@dmytechnology.com |
| with a copy (not to constitute notice) to: | with a copy (not to constitute notice) to: |
| CLEARY GOTTLIEB STEEN & HAMILTON LLP | CLEARY GOTTLIEB STEEN & HAMILTON LLP |
| ONE LIBERTY PLAZA, NEW YORK NY 10006 | ONE LIBERTY PLAZA, NEW YORK NY 10006 |
| ATTN: | Adam J. Brenneman |
|  | Kyle A. Harris |
| EMAIL: | <u>abrenneman@cgsh.com</u> |
|  | <u>kaharris@cgsh.com</u> |

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[*Signature Page to Subscription Agreement*]

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| | |
|:---|:---|
| By: |  |
|  | Name: |
|  | Title: |
| Address for Notices: | Address for Notices: |
|  Name in which shares are to be registered: | Name in which shares are to be registered: |

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| | |
|:---|:---|
|  Number of Subscribed Shares subscribed for: |  |
|  Price Per Subscribed Share: | $10.0 |
|  Aggregate Purchase Price: | $— |

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You must pay the Purchase Price by wire transfer of United States dollars in immediately available funds to the account of the Company specified by the Company in the Closing Notice.

[*Signature Page to Subscription Agreement*]

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**ANNEX A** 

**ELIGIBILITY REPRESENTATIONS OF SUBSCRIBER** 

This Annex A should be completed and signed by Subscriber

and constitutes a part of the Subscription Agreement.

A. QUALIFIED INSTITUTIONAL BUYER STATUS (Please check the box, if applicable)

☐ Subscriber is a "qualified institutional buyer" (as defined in Rule 144A under the Securities Act).

B. ACCREDITED INVESTOR STATUS (Please check the box)

☐ Subscriber is an "accredited investor" (within the meaning of Rule 501(a)[(1), (2), (3) or (7)] under the Securities Act) and has marked and initialed the appropriate box below indicating the provision under which it qualifies as an "accredited investor."

C. AFFILIATE STATUS (Please check the applicable box)

SUBSCRIBER:

☐ is: 

☐ is not: 

an "affiliate" (as defined in Rule 144 under the Securities Act) of the Company or acting on behalf of an affiliate of the Company.

Rule 501(a), in relevant part, states that an "accredited investor" shall mean any person who comes within any of the below listed categories, or who the issuer reasonably believes comes within any of the below listed categories, at the time of the sale of the securities to that person. Subscriber has indicated, by marking and initialing the appropriate box below, the provision(s) below which apply to Subscriber and under which Subscriber accordingly qualifies as an "accredited investor."

☐ Any bank, registered broker or dealer, insurance company, registered investment company, business development company, or small business investment company;

☐ Any plan established and maintained by a state, its political subdivisions, or any agency or instrumentality of a state or its political subdivisions for the benefit of its employees, if such plan has total assets in excess of $5,000,000; 

☐ Any employee benefit plan, within the meaning of the Employee Retirement Income Security Act of 1974, if a bank, insurance company, or registered investment adviser makes the investment decisions, or if the plan has total assets in excess of $5,000,000; 

☐ Any corporation, similar business trust, partnership or any organization described in Section 501(c)(3) of the Internal Revenue Code, not formed for the specific purpose of acquiring the securities offered, with total assets in excess of $5,000,000; or 

☐ Any trust with assets in excess of $5,000,000, not formed to acquire the securities offered, whose purchase is directed by a sophisticated person. 

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| | |
|:---|:---|
| SUBSCRIBER: | SUBSCRIBER: |
| Print Name: | Print Name: |
| By: |  |
|  | Name: |
|  | Title: |

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