Rain Enhancement Technologies Holdco, Inc.

Snapshot

RAIN is a pre-revenue micro-cap in severe distress. The company reported $0 in revenue for FY 2025 with a net loss of $9.1M. It holds only $214K in cash against $9.5M in debt, meaning its cash cushion is already exhausted.

What's Happening Right Now

• Thu 30th Jul '26 · Tech Update: The scientific team will present four studies at the AMS Madison Summit, including the first North American field evidence that ground-based ionization increases wintertime snowpack.
• Tue 21st Jul '26 · Capital Raise: The company filed an ATM sales agreement to sell up to $3.5M of common stock to fund working capital and capital expenditures.
• Tue 21st Jul '26 · Pilot Program: The Colorado Water Conservation Board and regional districts publicly supported a paid pilot application for the Yampa River Basin, targeting installation by October 2026.
• Tue 9th Jun '26 · Debt Conversion: RAIN converted $4M of debt owed to an affiliate of the Chairman into 1.6M shares of common stock at $2.48 per share to reduce outstanding debt.
• Fri 15th May '26 · Regulatory Filing: The 10-Q filing revealed a going-concern warning, a Nasdaq delisting notice for failing to meet market value requirements, and a working capital deficit of nearly $15M.