Rain Enhancement Tech appoints Randy Seidl as CEO; Christopher Riley steps down as Co-CEO

Rain Enhancement Technologies Holdco, Inc.

Christopher Riley resigned as Co-CEO effective Jan 30, 2025; remains on the board of directors.
Randy Seidl, previously Co-CEO since Jan 2, 2025, appointed sole CEO as of Jan 30, 2025.
Riley receives $124,500 in 18 monthly installments plus 10,000 conditional shares of Class A common stock.
Director J. Eric Smith resigned Jan 31, 2025, not due to any disagreement with the company.
Seidl brings 30+ years experience from HP, Sun Microsystems, EMC; serves on Ondas Holdings (ONDS) board.

item 5.02 item 7.01 item 9.01

Executive movements

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Role change

Randall Seidl

Chief Executive Officer

RAIN · Rain Enhancement Technologies Holdco, Inc.

Effective: 2025-01-30
Filed: February 3, 2025, 6:59 PM ET

Following the resignation of Mr. Riley, Mr. Seidl is the Company’s sole Chief Executive Officer.

Departed

J. Eric Smith

Director

RAIN · Rain Enhancement Technologies Holdco, Inc.

Effective: 2025-01-31
Filed: February 3, 2025, 6:59 PM ET

On January 31, 2025, J. Eric Smith, a member of the Company’s board of directors, notified the Company that he was resigning from his role as a director of the Company.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.85

Randall Seidl changed role as Chief Executive Officer at Rain Enhancement Technologies Holdco, Inc..

Role: Chief Executive Officer

Exact text from the filing

Following the resignation of Mr. Riley, Mr. Seidl is the Company’s sole Chief Executive Officer.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

J. Eric Smith departed as Director at Rain Enhancement Technologies Holdco, Inc..

Action: resigning
Role: Director

Exact text from the filing

On January 31, 2025, J. Eric Smith, a member of the Company’s board of directors, notified the Company that he was resigning from his role as a director of the Company.

View on SEC.gov

Rain Enhancement Technologies Holdco, Inc. filing history →

Source: SEC EDGAR

accession 0001213900-25-009111

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