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Form 8-K

sec.gov

8-K — Rain Enhancement Technologies Holdco, Inc.

Accession: 0001213900-26-040466

Filed: 2026-04-06

Period: 2026-03-31

CIK: 0002028293

SIC: 3590 (MISC INDUSTRIAL & COMMERCIAL MACHINERY & EQUIPMENT)

Item: Entry into a Material Definitive Agreement

Item: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

Item: Financial Statements and Exhibits

Documents

8-K — ea0285291-8k_rain.htm (Primary)

EX-10.1 — AMENDMENT TO LOAN AGREEMENT, EFFECTIVE AS OF MARCH 31, 2026, BY AND BETWEEN RAIN ENHANCEMENT TECHNOLOGIES HOLDCO, INC. AND RHY MANAGEMENT LLC. (ea028529101ex10-1.htm)

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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):

March 31, 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.)

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

1659 Chinaberry Ct.

Naples, FL 34105

(Former name or former address, if changed since

last report)

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 240.13e-4(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.

Effective as of March 31, 2026, Rain Enhancement Technologies Holdco,

Inc. (the “Company”) and RHY Management LLC, an affiliate of Harry You, the Company’s chairman and a beneficial owner

of more than 10% of the Company’s Class A common stock and Class B common stock, (“RHY”) entered into an amendment (the

“Loan Agreement Amendment”) to that certain Loan Agreement between RHY and the Company, dated as of December 30, 2024 (the

“Loan Agreement”), increasing the amount that could be borrowed by the Company under the line of credit (the “LOC”)

pursuant to the Loan Agreement from $7,000,000 to $10,000,000.

The foregoing description does not purport to be complete and is qualified

in its entirety by reference to the full text of the Loan Agreement Amendment. A copy of the Loan Agreement Amendment is filed as Exhibit

10.1 to this Current Report on Form 8-K and incorporated herein by reference.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation

under an Off-Balance Sheet Arrangement of a Registrant.

The information relating to the Loan Agreement Amendment contained

in Item 1.01 of this Current Report on Form 8-K is incorporated by reference into this Item 2.03 to the extent required herein.

As previously disclosed, the LOC bears interest at the greater of 5%

per annum or the applicable IRS short-term rate in the month of each drawdown (“Interest Rate”), payable quarterly in arrears.

If a quarterly payment is missed, the loan balance increases by an amount equal to the principal multiplied by the Default Rate (as defined

below). If an event of default has occurred and is continuing, then upon written notice by RHY to the Company, the outstanding principal

balance and any unpaid accrued interest will accrue interest at 2% above the Interest Rate (the “Default Rate”).

1

Item 9.01. Financial Statements and Exhibits.

(d)

Exhibits.

10.1

Amendment to Loan Agreement, effective as of March 31, 2026, by and between Rain Enhancement Technologies Holdco, Inc. and RHY Management LLC.

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: April 6, 2026

RAIN ENHANCEMENT TECHNOLOGIES HOLDCO, INC.

By:

/s/ Oanh Truong

Name:

Oanh Truong

Title:

Interim Chief Financial Officer

3

EX-10.1 — AMENDMENT TO LOAN AGREEMENT, EFFECTIVE AS OF MARCH 31, 2026, BY AND BETWEEN RAIN ENHANCEMENT TECHNOLOGIES HOLDCO, INC. AND RHY MANAGEMENT LLC.

EX-10.1

Filename: ea028529101ex10-1.htm · Sequence: 2

Exhibit 10.1

AMENDMENT

TO LOAN AGREEMENT

This Amendment to the Loan

Agreement (as defined herein) (this “Amendment”) is made and entered into as of March 31, 2026, by and among Rain Enhancement

Technologies Holdco, Inc., a Massachusetts corporation (the “Borrower”), RHY Management LLC, a limited liability company

controlled by Harry L. You (the “Lender”) and Harry L. You (“Mr. You”). Capitalized terms used but

not defined herein shall have the meanings ascribed to them in the Loan Agreement.

RECITALS

WHEREAS, Borrower, Lender

and Mr. You entered into that certain Loan Agreement, dated as of December 30, 2024, as amended, restated, supplemented or modified from

time to time (the “Loan Agreement”);

WHEREAS, on the terms and

subject to the conditions set forth herein, the Lender is willing and the Borrower desires to increase the Commitment of the Loan Agreement

from up to Seven Million Dollars ($7,000,000) to up to Ten Million Dollars ($10,000,000) (the “Commitment Increase”);

WHEREAS, the terms of the

Loan Agreement may be amended with the written consent of the Borrower, Lender and Mr. You.

NOW, THEREFORE, for good and

valuable consideration, the receipt of which is hereby acknowledged, Borrower, Lender and Mr. You agree as follows:

1. Amendments to Promissory Note.

a. Recitals.

Borrower, Lender and Mr. You acknowledge and agree that the recitals set forth above are true and correct and are hereby incorporated

into and made a part of this Amendment.

b. Principal

Increase. The Commitment of the Loan Agreement is hereby increased to up to Ten Million Dollars ($10,000,000) to reflect the

Commitment Increase. All references to the Commitment or similar words used in the Loan Agreement shall be deemed to refer to the

Commitment as amended by this Amendment, as the same may be further amended, replaced, supplemented or otherwise modified from time

to time.

2. No Further Amendment. Except as expressly amended and

modified by this Amendment, the Loan Agreement is and shall continue to be in full force and effect in accordance with the terms thereof.

3. Counterparts. This Amendment may be executed in any number

of counterparts, each of which shall be deemed an original, but all of which together shall constitute one instrument. The parties hereto

confirm that any electronic copy of another party’s executed counterpart of this Amendment (or such party’s signature page

thereof) will be deemed to be an executed original thereof.

4. Governing Law. THIS AMENDMENT SHALL BE GOVERNED BY AND

CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK APPLICABLE TO CONTRACTS MADE IN AND TO BE PERFORMED WITHIN THE STATE OF

NEW YORK, WITHOUT REGARD TO THE CONFLICTS OF LAW PRINCIPLES THEREOF.

5. Further Assurances. The parties hereto shall do and perform

or cause to be done and performed, all such further acts and things, and shall execute and deliver all such other agreements, certificates,

instruments and documents, as the other party may reasonably request in order to carry out the intent and accomplish the purposes of

this Amendment and the consummation of any transactions contemplated hereby.

[Signature page follows]

IN WITNESS WHEREOF, the parties have executed this

Amendment as of the date first set forth above.

RAIN ENHANCEMENT TECHNOLOGIES

HOLDCO, INC.,

as the Borrower

By:

/s/ Randy Seidl

Name:

Randy Seidl

Title:

Chief Executive Officer

RHY MANAGEMENT LLC,

as the Lender

By:

/s/ Harry L. You

Name:

Harry L. You

Title:

MR. YOU:

/s/ Harry L. You

Harry L. You

[Signature Page to Amendment to Loan Agreement]

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