---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-102377"
form_type: "8-K"
ticker: "RAIN"
cik: "0002028293"
company_name: "Rain Enhancement Technologies Holdco, Inc."
filed_at: "2026-09-23T12:24:43+00:00"
generated_at: "2026-09-23T12:25:09.111453+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# RAIN to merge with Tensor Networks; Tensor holders get 90% of combined company

## Summary
- Binding LOI signed Sept 18, 2026 for all-stock deal; expected close Q1 2027.
- Tensor Networks holders to own ~90% of combined company; RAIN holders ~10% pre-PIPE.
- Eric Frazier (Tensor CEO) becomes RAIN CEO; Randy Seidl becomes President.
- $25M minimum gross PIPE proceeds required to close; funds Tensor growth.
- Lock-up agreements of 12-18 months for insiders and employees post-close.

## SEC filing metadata
- accession: 0001213900-26-102377
- form_type: 8-K
- ticker: RAIN
- cik: 0002028293
- company_name: Rain Enhancement Technologies Holdco, Inc.
- filed_at: 2026-09-23T12:24:43+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 7.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2028293/000121390026102377/0001213900-26-102377-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2028293/000121390026102377/ea0306365-8k_rain.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-102377
- JSON: https://secwatch.observer/filing/0001213900-26-102377.json
- Plain text: https://secwatch.observer/filing/0001213900-26-102377.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.