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Recent Updates — RAIN

August 21, 2026View Source ↗

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.

July 16, 2026View Source ↗

Rain Enhancement Technologies Holdco, Inc. filed a prospectus supplement to its existing shelf registration statement on Form S-3. This 8-K filing serves to provide the legal opinion from TCF Law Group, PLLC regarding the legality of the shares included in the prospectus supplement. The company's Class A common stock and redeemable warrants are listed on the Nasdaq Stock Market. Rain Enhancement Technologies Holdco, Inc. operates in the technology sector, focusing on rain enhancement solutions.

June 30, 2026View Source ↗

On June 30, 2026, Rain Enhancement Technologies Holdco, Inc. entered into an at-the-market sales agreement with Needham & Company, LLC. The agreement allows the company to offer and sell shares of its Class A common stock with an aggregate offering price of up to $3,513,524. The company will pay the sales agent a commission of up to 3.0% of the gross sales price. Net proceeds are intended for working capital, capital expenditures, and general corporate purposes. The company operates in the weather modification industry, providing rain enhancement technologies.

June 9, 2026View Source ↗

On June 5, 2026, Rain Enhancement Technologies Holdco, Inc. entered into an agreement with RHY Management LLC, an affiliate of Chairman Harry You, to convert $4,000,000 of indebtedness into 1,612,903 shares of Class A common stock at a price of $2.48 per share. These shares are subject to transfer restrictions until December 31, 2026, or a qualifying corporate transaction. Additionally, the company issued 50,000 shares to interim CFO Oanh Truong and 490,000 shares to various directors, advisors, and a contractor as payment for deferred compensation. Total outstanding Class A common stock reached 10,283,984 shares as of June 5, 2026. The company operates in the weather modification industry, focusing on rain enhancement technologies.