Rain Enhancement Technologies appeals Nasdaq delisting for failing MVLS and MVPHS rules

Rain Enhancement Technologies Holdco, Inc.

On Aug 19, 2025, Nasdaq notified Rain it failed to meet $50M MVLS and $15M MVPHS requirements for continued listing.
Company requested a hearing on Aug 21, 2025; suspension and delisting stayed pending hearing outcome.
If appeal fails, securities could be suspended and delisted from Nasdaq Global Market as early as Aug 28, 2025.
Company intends to present a compliance plan at the hearing, but no assurance of success.

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