RAIN on Nasdaq
Rain Enhancement Technologies Holdco, Inc.
American misc industrial and commercial machinery and equipment company. Summary from the record
Price unavailable
Last updated Oct 19, 2026.
Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Installation costs | $402.4K | |
| General and administrative expenses | $7.6M | $4.5M |
| Research and development expenses | $62.0K | |
| State tax expenses | $1.8K | $225 |
| Depreciation expense | $6.9K | |
| Amortization expense | $11.7K | $11.7K |
| Loss from operations | -$8.1M | -$4.5M |
| Change in fair value of warrant liabilities | -$900.0K | |
| Gain from settlement with vendor | $225.5K | |
| Interest expenses | -$284.5K | -$30.2K |
| Interest income | $95 | $91 |
| Total other income (expenses), net | -$958.9K | -$30.2K |
| Net loss | -$9.1M | -$4.5M |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 5 fiscal years (annual) or 5 quarters (quarterly), latest first.2
| Period ending | 2025-12-31 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|---|---|
| Cash | $213.7K | $32.6K | $37.3K | ||
| Prepaid expenses | $103.8K | $565.3K | $713.2K | $12.3K | |
| Deferred financing costs | $75.0K | ||||
| Subscription receivable | $650.0K | ||||
| Total current assets | $317.5K | $656.8K | $1.1M | $769.9K | |
| Equipment, net | $407.1K | $0 | |||
| Construction in-process equipment | $987.8K | $414.0K | |||
| Intangible assets, net | $80.8K | $92.4K | |||
| Total assets | $1.8M | $1.8M | $1.7M | $1.3M | |
| Accounts payable | $1.5M | $1.6M | $2.6M | $1.9M | |
| Accrued expenses | $1.1M | $700.0K | |||
| Line of credit - related party | $9.1M | $3.1M | |||
| Note payable from related parties | $400.0K | $400.0K | |||
| Accrued interest - related parties | $322.7K | $38.2K | |||
| Tax liability | $912 | ||||
| Shortfall payment liability | $20.6K | $7.4M | $5.5M | $20.6K | |
| Total current liabilities | $13.3M | $9.0M | $8.0M | $6.2M | |
| Derivative warrant liabilities | $1.2M | $350.0K | |||
| Total liabilities | $14.5M | $9.5M | $8.5M | $6.6M | |
| Additional paid-in capital | $2.6M | $964.3K | |||
| Accumulated deficit | -$15.3M | -$6.3M | |||
| Total stockholders deficit | -$12.7M | -$7.7M | -$6.8M | -$5.3M | -$636.9K |
| Total liabilities and stockholders Deficit | $1.8M | $1.8M | $1.7M | $1.3M | |
| Preferred stock, par value (in Dollars per share) | $0.00 | $0.00 | |||
| Preferred stock, shares authorized (in Shares) | 1.0M shares | 1.0M shares |
| Period ending | 2025-12-31 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|---|---|
| Cash | $213.7K | $32.6K | $37.3K | ||
| Prepaid expenses | $103.8K | $565.3K | $713.2K | $12.3K | |
| Deferred financing costs | $75.0K | ||||
| Subscription receivable | $650.0K | ||||
| Total current assets | $317.5K | $656.8K | $1.1M | $769.9K | |
| Equipment, net | $407.1K | $0 | |||
| Construction in-process equipment | $987.8K | $414.0K | |||
| Intangible assets, net | $80.8K | $92.4K | |||
| Total assets | $1.8M | $1.8M | $1.7M | $1.3M | |
| Accounts payable | $1.5M | $1.6M | $2.6M | $1.9M | |
| Accrued expenses | $1.1M | $700.0K | |||
| Line of credit - related party | $9.1M | $3.1M | |||
| Note payable from related parties | $400.0K | $400.0K | |||
| Accrued interest - related parties | $322.7K | $38.2K | |||
| Tax liability | $912 | ||||
| Shortfall payment liability | $20.6K | $7.4M | $5.5M | $20.6K | |
| Total current liabilities | $13.3M | $9.0M | $8.0M | $6.2M | |
| Derivative warrant liabilities | $1.2M | $350.0K | |||
| Total liabilities | $14.5M | $9.5M | $8.5M | $6.6M | |
| Additional paid-in capital | $2.6M | $964.3K | |||
| Accumulated deficit | -$15.3M | -$6.3M | |||
| Total stockholders deficit | -$12.7M | -$7.7M | -$6.8M | -$5.3M | -$636.9K |
| Total liabilities and stockholders Deficit | $1.8M | $1.8M | $1.7M | $1.3M | |
| Preferred stock, par value (in Dollars per share) | $0.00 | $0.00 | |||
| Preferred stock, shares authorized (in Shares) | 1.0M shares | 1.0M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net loss | -$9.1M | -$4.5M |
| Amortization expense | $11.7K | $11.7K |
| Depreciation expense | $6.9K | |
| General and administrative expenses advanced by related parties | $3.5M | $321.4K |
| Stock based compensation expense | $1.6M | $2.8M |
| Change in fair value of warrant liabilities | $900.0K | |
| Gain from settlement with vendor | -$225.5K | |
| Prepaid expenses | -$91.5K | -$4.2K |
| Deferred financing costs | $75.0K | |
| Accounts payable | -$188.7K | $28.5K |
| Accrued expenses | $378.3K | -$10.8K |
| Accrued expenses - related party | $831.4K | |
| Accrued interest - related parties | $284.5K | $30.2K |
| Tax payable | $912 | -$225 |
| Net cash used in operating activities | -$2.0M | -$1.3M |
| Capital expenditures for equipment | -$987.8K | -$45.8K |
| Net cash used in investing activities | -$987.8K | -$45.8K |
| Proceeds from draw down under line of credit with related party | $2.5M | |
| Proceeds received from subscription receivable | $650.0K | |
| Proceeds from issuance of RET's Class A common stock | $740.0K | |
| Proceeds from issuance of RET's Class B common stock | $125.0K | |
| Proceeds from issuance of Holdco Class A common stock in connection with PIPE subscriptions | $700.0K | |
| Proceeds from reverse recapitalization | $4.0M | |
| Payment of deferred financing costs | -$75.0K | |
| Payment of prepaid forward purchase agreements | -$4.1M | |
| Net cash provided by financing activities | $3.1M | $1.4M |
| Net change in cash | $181.1K | -$4.7K |
No quarter-by-quarter statement was filed.
Compare Rain Enhancement Technologies Holdco, Inc. with another company
Leadership
Who has led Rain Enhancement Technologies Holdco, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
- Chief executive officerRandy Seidl Jan 3, 2025 to now9
- Chief executive officerChristopher Michael Riley Dec 31, 2024 to Dec 31, 202410
- Chief financial officerOanh Truong Dec 31, 2024 to now11
Board members and other officers (8)
- Board memberDavid C. Sylvester Jan 2, 2026 to now12
- Board memberHarry L. You Jan 3, 2025 to now13
- Board memberRandy Seidl Jan 3, 2025 to now9
- Board memberMarcus Peperzak Apr 11, 2025 to now14
- Board memberRobert Reardon Apr 18, 2025 to now15
- Board memberAlexandra Steele Dec 31, 2024 to now16
- Board memberChristopher Michael Riley Dec 31, 2024 to now10
- Board memberLyman B. Dickerson Dec 31, 2024 to now17
Timeline
Filings
134 filings to the SEC since October 2021: 2 annual reports, 5 quarterly reports, 19 major events, 32 insider forms, 14 large holders, 62 other. The latest 20:
- Sep 23, 20268-K CURRENT REPORT EDGAR
- Aug 21, 20268-K CURRENT REPORT EDGAR
- Aug 21, 20264/A EDGAR
- Aug 20, 20264 EDGAR
- Aug 14, 2026SCHEDULE 13G/A EDGAR
- Aug 14, 202610-Q QUARTERLY REPORT EDGAR
- Aug 14, 20263/A EDGAR
- Aug 12, 20263/A EDGAR
- Aug 12, 20264/A EDGAR
- Jul 16, 2026EFFECT EDGAR
- Jul 16, 20268-K CURRENT REPORT EDGAR
- Jul 16, 2026424B5 PROSPECTUS SUPPLEMENT EDGAR
- Jul 13, 2026S-3/A AMENDMENT NO. 1 TO FORM S-3 EDGAR
- Jun 30, 20268-K CURRENT REPORT EDGAR
- Jun 30, 2026S-3 REGISTRATION STATEMENT EDGAR
- Jun 9, 20264 EDGAR
- Jun 9, 20264 EDGAR
- Jun 9, 20264 EDGAR
- Jun 9, 20264 EDGAR
- Jun 9, 20264 EDGAR
The 134 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
14 open-market trades by officers, directors and large owners since October 2021: 10 buys and 4 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Aug 19, 2026 | Seidl RandyChief Executive Officer | Buy | 110,000 | $0.95 | $104.5K | Form 4 |
| Aug 19, 2026 | Seidl RandyChief Executive Officer | Buy | 110,000 | $0.95 | $104.5K | Form 4 |
| May 22, 2026 | Seidl RandyChief Executive Officer | Buy | 4,000 | $2.58 | $10.3K | Form 4 |
| May 21, 2026 | Seidl RandyChief Executive Officer | Buy | 30,000 | $2.53 | $75.9K | Form 4 |
| May 20, 2026 | Seidl RandyChief Executive Officer | Buy | 8,514 | $1.73 | $14.7K | Form 4 |
| Sep 12, 2025 | DICKERSON LYMAN BDirector | Sale | 4,787 | $5.78 | $27.7K | Form 4 |
| Sep 11, 2025 | DICKERSON LYMAN BDirector | Sale | 398 | $5.80 | $2.3K | Form 4 |
| Sep 10, 2025 | DICKERSON LYMAN BDirector | Sale | 215 | $5.55 | $1.2K | Form 4 |
| Sep 9, 2025 | DICKERSON LYMAN BDirector | Sale | 1,917 | $5.24 | $10.0K | Form 4 |
| May 22, 2025 | Seidl RandyChief Executive Officer | Buy | 4,000 | $2.58 | $10.3K | Form 4 |
| May 21, 2025 | Seidl RandyChief Executive Officer | Buy | 30,000 | $2.53 | $75.9K | Form 4 |
| May 20, 2025 | Seidl RandyChief Executive Officer | Buy | 8,514 | $1.73 | $14.7K | Form 4 |
| Feb 6, 2025 | DACIER PAUL T10% owner | Buy | 13,173 | $11.39 | $150.0K | Form 4 |
| Dec 31, 2024 | DACIER PAUL T10% owner | Buy | 8,782 | $11.39 | $100.0K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- METEORA CAPITAL, LLCSCHEDULE 13G/A, 5 filings Aug 14, 2025 to Aug 14, 202618
- Harry L. YouSCHEDULE 13D/A, 3 filings Jan 3, 2025 to Jun 9, 202619
- LMR Partners LLPSCHEDULE 13G/A, 3 filings Aug 14, 2025 to Feb 17, 202620
- Polar Asset Management Partners Inc.SCHEDULE 13G/A, 2 filings May 15, 2025 to Feb 17, 202621
- Paul T. DacierSCHEDULE 13G, 1 filing Feb 10, 202522
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| Meteora Capital, LLC | 585,802 | $1.2M | 0.1% | −52,485 |
| Knott David M Jr | 101,686 | $210.5K | 0.1% | No change |
| Jpmorgan Chase & Co | 39,172 | $90.1K | 0.0% | +30,882 |
| Vanguard Capital Management LLC | 39,643 | $82.1K | 0.0% | No change |
| Geode Capital Management, LLC | 27,808 | $57.6K | 0.0% | −2,730 |
| Magnetar Financial LLC | 23,970 | $49.6K | 0.0% | No change |
| Apollo Management Holdings, L.P. | 23,970 | $49.6K | 0.0% | No change |
| Polar Asset Management Partners Inc. | 23,970 | $41.9K | 0.0% | No change |
| Vanguard Fiduciary Trust Co | 17,159 | $35.5K | 0.0% | No change |
| UBS Group AG | 14,703 | $30.4K | 0.0% | −19,809 |
| Tower Research Capital LLC (TRC) | 2,950 | $6.1K | 0.0% | +1,748 |
| Morgan Stanley | 950 | $2.0K | 0.0% | No change |
| Citigroup Inc | 274 | $567 | 0.0% | New |
| Wolverine Asset Management LLC | 77 | $159 | 0.0% | New |
| SBI Securities Co., Ltd. | 18 | $37 | 0.0% | +15 |
| Caitong International Asset Management Co., Ltd | 3 | $6 | 0.0% | +2 |
13F reports cover disclosed long positions in U.S. stocks only.
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 9SEC EDGARRandy Seidl, Chief executive officer
- 10
- 11SEC EDGAROanh Truong, Chief financial officer
- 12SEC EDGARDavid C. Sylvester, Board member
- 13SEC EDGARHarry L. You, Board member
- 14SEC EDGARMarcus Peperzak, Board member
- 15SEC EDGARRobert Reardon, Board member
- 16SEC EDGARAlexandra Steele, Board member
- 17SEC EDGARLyman B. Dickerson, Board member
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