Rain Enhancement Technologies Holdco, Inc. received notice from Nasdaq that it failed to regain compliance with the $35 million market value of listed securities (MVLS) threshold by the August 17, 2026 deadline. Consequently, its Class A common stock and warrants are subject to suspension and delisting effective August 27, 2026, unless Nasdaq grants relief. The company submitted a timely request for a hearing before the Nasdaq Hearings Panel on August 21, 2026, seeking additional time to demonstrate compliance. While this request typically stays delisting actions pending the hearing outcome, there is no assurance that the Panel will grant continued listing or that the company can meet regulatory requirements within any extended period granted. The company operates in the weather modification and rain enhancement technology sector.
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