Rain Enhancement Tech Holdco enters PIPE agreements for $950k in connection with SPAC merger

Rain Enhancement Technologies Holdco, Inc.

Entered PIPE subscription agreements for 83,429 shares at ~$11.39/share, aggregate $950,000.
PIPE investors include existing RET and Coliseum shareholders and designees to the post-combination board.
Of the total, $800,000 (70,256 shares) expected to close at the business combination closing date.
Remaining $150,000 (13,173 shares) to close after the business combination closing.
Coliseum shareholders approved the business combination on December 23, 2024.

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