{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-066794","form_type":"8-K","ticker":"RAIN","cik":"0002028293","company_name":"Rain Enhancement Technologies Holdco, Inc.","filed_at":"2026-06-09T20:15:16+00:00","discovered_at":"2026-06-09T20:16:00.253991+00:00","generated_at":"2026-06-09T20:16:50.233007+00:00","sec_items":["1.01","3.02","5.02","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Rain Enhancement converts $4M debt to equity at $2.48/share; issues shares to insiders","bullets":["RHY Management (affiliate of Chairman Harry You) converted $4M of outstanding debt into 1,612,903 shares of Class A common at $2.48/share.","Issued 50,000 shares to interim CFO Oanh Truong and 490,000 total shares to directors, advisors, and contractor as deferred compensation.","Total shares outstanding after issuance: 10,283,984. Conversion shares locked up until Dec 31, 2026.","Debt conversion reduces outstanding from ~$12.3M to ~$8.3M; shares priced at volume-weighted average price of preceding ten trading days."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-066794","json":"https://secwatch.observer/filing/0001213900-26-066794.json","markdown":"https://secwatch.observer/filing/0001213900-26-066794.md","text":"https://secwatch.observer/filing/0001213900-26-066794.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2028293/000121390026066794/0001213900-26-066794-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2028293/000121390026066794/ea0294070-8k_rain.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T20:16:50.233007+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f9cd4dcea971cc773cf76ce96034c1f6f8cc3d7d","claim":"Rain Enhancement Technologies Holdco, Inc. issued 1,612,903 shares of Class A Common Stock of common stock to RHY Management LLC for $4,000,000 of indebtedness.","evidence_excerpt":"RHY exchanged an aggregate of $4,000,000 of indebtedness owed by the Company to RHY into shares of Class A common stock, par value $0.0001 per share, of the Company (the “ Class A Common Stock ”), at a price per share equal to the volume-weighted average price of the Class A Common Stock for the ten trading days preceding the date of the Conversion Agreement, which was $2.48 per share, for an aggregate of 1,612,903 shares of Class A Common Stock.","evidence_source":"SEC 8-K Item 3.02/3.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/2028293/000121390026066794/0001213900-26-066794-index.htm","confidence":0.9,"family_label":"Equity Issuances","details":[{"label":"Security","value":"common stock"},{"label":"Shares","value":"1,612,903 shares of Class A Common Stock"},{"label":"Purchaser","value":"RHY Management LLC"},{"label":"Consideration","value":"$4,000,000 of indebtedness"}],"fact_type":"equity_issuance"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}