Highest-materiality recent filing
Rain Enhancement converts $4M debt to equity at $2.48/share; issues shares to insiders
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.
Rain Enhancement restates Q1-Q2 2025 financials over D&O insurance premium accounting error
Error: financed $640k D&O premium; assets/liabilities understated by $380,800 in Q1 2025 and $217,600 in Q2 2025.
Rain Enhancement Tech receives Nasdaq MVLS deficiency notice; 180-day cure until Aug 17, 2026
Nasdaq notified Rain on Feb 18, 2026 that MVLS was below $35M for 30 straight business days.
Rain Enhancement Technologies appeals Nasdaq delisting for failing MVLS and MVPHS rules
On Aug 19, 2025, Nasdaq notified Rain it failed to meet $50M MVLS and $15M MVPHS requirements for continued listing.
Nasdaq notifies Rain Enhancement of non-compliance with two listing rules
Market value of listed securities (MVLS) below $50M threshold for 30 consecutive days ended Feb 14, 2025.
SPAC merger closed Dec 31, 2024; new company Holdco trades as RAIN/RAINW on Nasdaq.
Rain Enhancement Technologies completes SPAC merger with Coliseum; to list on Nasdaq Jan 2
Business combination with Coliseum Acquisition Corp. completed; RAIN and RAINW to trade Jan 2, 2025.
On April 1, 2025, the board of directors (the “Board”) of Rain Enhancement Technologies Holdco, Inc. (the “Company”), increased the size of the Board from five to seven directors and appointed Mr. Marcus Peperzak and Mr. Robert Reardon to the Board to fill the resulting vacancies.
On April 1, 2025, the board of directors (the “Board”) of Rain Enhancement Technologies Holdco, Inc. (the “Company”), increased the size of the Board from five to seven directors and appointed Mr. Marcus Peperzak and Mr. Robert Reardon to the Board to fill the resulting vacancies.
Following the resignation of Mr. Riley, Mr. Seidl is the Company’s sole Chief Executive Officer.
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.
Effective upon the SPAC Merger Effective Time, and in accordance with the terms of the Business Combination, each of Harry You, Christopher Riley, Randy Seidl, Alexandra Steele, Lyman Dickerson and J. Eric Smith are the directors of Holdco.
Effective upon the SPAC Merger Effective Time, and in accordance with the terms of the Business Combination, each of Harry You, Christopher Riley, Randy Seidl, Alexandra Steele, Lyman Dickerson and J. Eric Smith are the directors of Holdco.
Effective upon the SPAC Merger Effective Time, and in accordance with the terms of the Business Combination, each of Harry You, Christopher Riley, Randy Seidl, Alexandra Steele, Lyman Dickerson and J. Eric Smith are the directors of Holdco.
Effective upon the SPAC Merger Effective Time, and in accordance with the terms of the Business Combination, each of Harry You, Christopher Riley, Randy Seidl, Alexandra Steele, Lyman Dickerson and J. Eric Smith are the directors of Holdco.
Effective upon the SPAC Merger Effective Time, and in accordance with the terms of the Business Combination, each of Harry You, Christopher Riley, Randy Seidl, Alexandra Steele, Lyman Dickerson and J. Eric Smith are the directors of Holdco.
Additionally, effective upon the SPAC Merger Effective Time, the following Holdco executive officers were appointed: Christopher Riley was appointed Interim Co-Chief Executive Officer, Randy Seidl was appointed Co-Chief Executive Officer and Oanh Truong was appointed Interim Chief Financial Officer and Corporate Secretary.
Additionally, effective upon the SPAC Merger Effective Time, the following Holdco executive officers were appointed: Christopher Riley was appointed Interim Co-Chief Executive Officer, Randy Seidl was appointed Co-Chief Executive Officer and Oanh Truong was appointed Interim Chief Financial Officer and Corporate Secretary.
Effective upon the SPAC Merger Effective Time, and in accordance with the terms of the Business Combination, each of Harry You, Christopher Riley, Randy Seidl, Alexandra Steele, Lyman Dickerson and J. Eric Smith are the directors of Holdco.
Max materiality 0.85 · Median 0.55 · Most common event other_material