Form 8-K
8-K — Rain Enhancement Technologies Holdco, Inc.
Accession: 0001213900-26-073834
Filed: 2026-06-30
Period: 2026-06-30
CIK: 0002028293
SIC: 3590 (MISC INDUSTRIAL & COMMERCIAL MACHINERY & EQUIPMENT)
Item: Entry into a Material Definitive Agreement
Item: Financial Statements and Exhibits
Documents
8-K — ea0296474-8k_rain.htm (Primary)
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8-K — CURRENT REPORT
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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): June 30, 2026
Rain
Enhancement Technologies Holdco, Inc.
(Exact
name of Registrant as Specified in Its Charter)
Massachusetts
001-42460
99-3527155
(State
or Other Jurisdiction
of Incorporation)
(Commission
File Number)
(IRS
Employer
Identification No.)
Rain
Enhancement Technologies Holdco, Inc.
4851
Tamiami Trail N, Suite 200
Naples,
FL 34103
(Address
of principal executive offices, including Zip Code)
Registrant’s
telephone number, including area code: (339) 222-6714
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
☐
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13(c))
Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class
Trading
Symbol(s)
Name
of each exchange on which registered
Class
A common Stock, par value $0.0001 per share
RAIN
The Nasdaq Stock Market LLC
Redeemable
warrants, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50
RAINW
The Nasdaq Stock Market LLC
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☒
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 1.01 Entry into a Material Definitive Agreement.
On June 30, 2026, Rain Enhancement Technologies Holdco, Inc. (the “Company”)
entered into a Sales Agreement (the “Sales Agreement”) with Needham & Company, LLC, as sales agent (the “Sales Agent”),
pursuant to which the Company may offer and sell from time to time, at its option through the Sales Agent, shares of the Company’s
Class A common stock, $0.0001 par value per share (“common stock”), having an aggregate offering price of up to $3,513,524.
The issuance and sale, if any, of shares of common stock under the Sales Agreement will be made pursuant to the Company’s registration
statement on Form S-3, filed with the U.S. Securities and Exchange Commission (the “SEC”) on June 30, 2026 (the “Registration
Statement”), including a base prospectus contained therein and a related prospectus supplement specific to the sale.
No shares of common stock will be offered, issued or sold under the
Sales Agreement until the specific number of shares (up to the maximum aggregate offering price set forth above) and pricing parameters
therefor have been authorized by the Board of Directors or a duly authorized committee, as they may determine from time to time. Such
sales, if any, may be made by any method deemed to be an “at the market offering” as defined in Rule 415(a)(4) under the Securities
Act of 1933, as amended (the “Securities Act”), including sales made directly on The Nasdaq Capital Market or any other trading
market for the Company’s common stock. Under the terms of the Sales Agreement, the Company will set the parameters for the sale
of shares, including the number of shares to be issued, the time period during which sales are requested to be made, any limitation on
the number of shares that may be sold in any one trading day and any minimum price below which sales may not be made. Based upon the Company’s
instructions and subject to the terms and conditions of the Sales Agreement, the Sales Agent will use its commercially reasonable efforts
to sell the shares of common stock. The Company is not obligated to sell any shares of common stock under the Sales Agreement. The Company
or the Sales Agent may at any time suspend or terminate the offering of the common stock upon notice to the other party and subject to
other conditions. The issuance and sale, if any, of shares of common stock by the Company under the Sales Agreement is subject to SEC
declaring the Registration Statement effective, and the Company makes no assurances as to the effectiveness or continued effectiveness
of the Registration Statement.
The Company intends to use
the net proceeds from sales of common stock, if any, under the Sales Agreement primarily for working capital, capital expenditures and
other general corporate purposes.
The
compensation payable to the Sales Agent as sales agent shall be up to 3.0% of the gross sales price of the shares of common stock sold
through the sales agent pursuant to the Sales Agreement. In addition, the Company will reimburse the Sales Agent for certain expenses
incurred in connection with the Sales Agreement, and the Company has agreed in the Sales Agreement to provide indemnification and contribution
to the Sales Agent against certain liabilities, including liabilities under the Securities Act or the Securities Exchange Act of 1934,
as amended. The Company also made certain customary representations, warranties and covenants concerning the Company and the shares of
common stock in the Sales Agreement.
The
Sales Agreement is attached to this Current Report on Form 8-K as Exhibit 1.1 and is incorporated herein by reference. The foregoing
description of the material terms of the Sales Agreement does not purport to be complete and is qualified in its entirety by reference
to the exhibit attached hereto.
The
representations, warranties and covenants contained in the Sales Agreement were made solely for the benefit of the parties to the Sales
Agreement and may be subject to limitations agreed upon by the contracting parties. Accordingly, the Sales Agreement is incorporated
herein by reference only to provide investors with information regarding the terms of the Sales Agreement and not to provide investors
with any other factual information regarding the Company or its business, and should be read in conjunction with the disclosures in the
Company’s periodic reports and other filings with the SEC.
This
Current Report on Form 8-K shall not constitute an offer to sell or the solicitation of an offer to buy the shares of common stock discussed
herein, nor shall there be any offer, solicitation, or sale of the shares of common stock in any state or other jurisdiction in which
such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state
or other jurisdiction.
Forward Looking Statements
Certain information contained
in this Current Report on Form 8-K consists of forward-looking statements that involve risks, uncertainties and assumptions that are difficult
to predict. Words such as “must,” “will,” “may,” “intends,” and similar expressions, or
the use of future tense, identify forward-looking statements, but their absence does not mean that a statement is not forward-looking.
Such forward-looking statements are not guarantees of performance and actual actions or events could differ materially from those contained
in such statements. For example, there can be no assurance that the Company will sell any shares of common stock under the Sales Agreement,
that any such sales will be made at anticipated prices, that the Registration Statement will be declared or will remain effective, or
that the net proceeds from any such sales, if any, will be used as currently anticipated. Additional factors that could cause actual results
to differ from the forward-looking statements herein include potential adverse effects on the Company's business related to the disclosures
made in this Current Report on Form 8-K, or the initiation of new legal proceedings, volatility of the Company's stock price, and the
other risk factors discussed under the caption “Risk Factors” in the Company's Annual Report on Form 10-K for the year ended
December 31, 2025 and the Company's other filings with the SEC. The forward-looking statements contained in this Current Report on Form
8-K speak only as of the date of this report and the Company undertakes no obligation to publicly update any forward-looking statements
to reflect changes in information, events or circumstances after the date of this report, unless required by law.
1
Item 9.01 Financial Statements and Exhibits
Exhibit
No.
Description
1.1
Sales Agreement, dated June 30, 2026, by and between Rain Enhancement Technologies Holdco, Inc. and Needham & Company, LLC (incorporated by reference to Exhibit 1.2 on the Form S-3 filed with the Securities and Exchange Commission by Rain Enhancement Technologies Holdco, Inc. on June 30, 2026).
104
Cover
Page Interactive Data File (embedded within the Inline XBRL document).
2
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
Date:
June 30, 2026
Rain
Enhancement Technologies Holdco, Inc.
By:
/s/
Randall Seidl
Randall
Seidl
Chief
Executive Officer
3
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Entity Registrant Name
Rain
Enhancement Technologies Holdco, Inc.
Entity Central Index Key
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Entity Tax Identification Number
99-3527155
Entity Incorporation, State or Country Code
MA
Entity Address, Address Line One
Rain
Enhancement Technologies Holdco, Inc.
Entity Address, Address Line Two
4851
Tamiami Trail N
Entity Address, Address Line Three
Suite 200
Entity Address, City or Town
Naples
Entity Address, State or Province
FL
Entity Address, Postal Zip Code
34103
City Area Code
339
Local Phone Number
222-6714
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Trading Symbol
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