RAIN · Rain Enhancement Technologies Holdco, Inc.
Substantial doubt about the company's ability to continue as a going concern.
“While the Company expects to continue relying on these financing sources and projected cash flows from operations, its limited operating history and continuing operating losses raise substantial doubt about its ability to continue as a going concern.”View the 10-Q filed May 15, 2026
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 3, 4 and 5. Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2026-06-05 | Sylvester David C |
Director |
Award↑
Filing footnotes — Class A Common Stock (Direct)
The shares of Class A Common stock were granted for no cash consideration. The closing price of the stock on the day of the grant was $2.20. |
Class A Common Stock
|
40,000 |
| 2026-06-05 | PEPERZAK MARCUS |
Director |
Award↑
Filing footnotes — Class A Common Stock (Direct)
The shares of Class A Common stock were granted for no cash consideration. The closing price of the stock on the day of the grant was $2.20. |
Class A Common Stock
|
80,000 |
| 2026-06-05 | Truong Oanh |
Interim CFO |
Award↑
Filing footnotes — Class A Common Stock (Direct)
The shares of Class A Common stock were granted for no cash consideration. The closing price of the stock on the day of the grant was $2.20. |
Class A Common Stock
|
50,000 |
| 2026-06-05 | Steele Alexandra |
Director |
Award↑
Filing footnotes — Class A Common Stock (Direct)
The shares of Class A Common stock were granted for no cash consideration. The closing price of the stock on the day of the grant was $2.20. |
Class A Common Stock
|
80,000 |
| 2026-06-05 | You Harry L. |
Director |
Award↑
Filing footnotes — Class A Common Stock (Indirect)
RHY Management, LLC ("RHY") exchanged an aggregate of $4,000,000 of indebtedness owed by the Company to RHY into 1,612,903 shares of the Issuer's Class A common stock, par value $0.0001 per share. Mr. You is the sole member of RHY and may be deemed to have a pecuniary interest in the securities held by RHY. Mr. You disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein. |
Class A Common Stock
(I)
|
1,612,903 |
| 2026-06-05 | Reardon Robert |
Director |
Award↑
Filing footnotes — Class A Common Stock (Direct)
The shares of Class A Common stock were granted for no cash consideration. The closing price of the stock on the day of the grant was $2.20. |
Class A Common Stock
|
80,000 |
| 2026-06-05 | DICKERSON LYMAN B |
Director |
Award↑
Filing footnotes — Class A Common Stock (Direct)
The shares of Class A Common stock were granted for no cash consideration. The closing price of the stock on the day of the grant was $2.20. |
Class A Common Stock
|
80,000 |
| 2026-06-05 | Riley Christopher Michael |
Director, Interim Co-CEO |
Award↑
Filing footnotes — Class A Common Stock (Direct)
The shares of Class A Common stock were granted for no cash consideration. The closing price of the stock on the day of the grant was $2.20. |
Class A Common Stock
|
50,000 |
| 2025-12-22 | Sylvester David C |
Director |
Other↑
|
No Securities Owned
|
0 |
| 2025-09-12 | DICKERSON LYMAN B |
Director |
Sell↓
Filing footnotes — Class A Common Stock (Direct)
The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $5.50 to $6.29, inclusive. The reporting person undertakes to provide to Rain Enhancement Technologies Holdco, Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein. |
Class A Common Stock
|
4,787 |
| 2025-09-11 | DICKERSON LYMAN B |
Director |
Sell↓
Filing footnotes — Class A Common Stock (Direct)
The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $5.77 to $5.86, inclusive. The reporting person undertakes to provide to Rain Enhancement Technologies Holdco, Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein. |
Class A Common Stock
|
398 |
| 2025-09-10 | DICKERSON LYMAN B |
Director |
Sell↓
|
Class A Common Stock
|
215 |
| 2025-09-09 | DICKERSON LYMAN B |
Director |
Sell↓
Filing footnotes — Class A Common Stock (Direct)
The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $5.15 to $5.39, inclusive. The reporting person undertakes to provide to Rain Enhancement Technologies Holdco, Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein. |
Class A Common Stock
|
1,917 |
| 2025-09-05 | Seidl Randy |
Director, Chief Executive Officer |
Award↑
|
Class A Common Stock
|
602,320 |
| 2025-05-22 | Seidl Randy |
Director, Chief Executive Officer |
Buy↑
Filing footnotes — Class A Common Stock (Direct)
The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.46 to $2.64, inclusive. The reporting person undertakes to provide to Rain Enhancement Technologies Holdco, Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein. Mr. Seidl also received a restricted stock award for 602,320 shares of Class A Common Stock, of which 50% vested on January 1, 2026, and 50% shall vest on January 1,2027, subject to continued employment or service through the vesting date. |
Class A Common Stock
|
4,000 |
| 2025-05-21 | Seidl Randy |
Director, Chief Executive Officer |
Buy↑
Filing footnotes — Class A Common Stock (Direct)
The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $2.10 to $2.78, inclusive. The reporting person undertakes to provide to Rain Enhancement Technologies Holdco, Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein. Mr. Seidl also received a restricted stock award for 602,320 shares of Class A Common Stock, of which 50% vested on January 1, 2026, and 50% shall vest on January 1,2027, subject to continued employment or service through the vesting date. |
Class A Common Stock
|
30,000 |
| 2025-05-20 | Seidl Randy |
Director, Chief Executive Officer |
Buy↑
Filing footnotes — Class A Common Stock (Direct)
The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $1.41 to $2.00, inclusive. The reporting person undertakes to provide to Rain Enhancement Technologies Holdco, Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein. Mr. Seidl also received a restricted stock award for 602,320 shares of Class A Common Stock, of which 50% vested on January 1, 2026, and 50% shall vest on January 1,2027, subject to continued employment or service through the vesting date. |
Class A Common Stock
|
8,514 |
| 2025-04-01 | Reardon Robert |
Director |
Other↑
|
No Securities Owned
|
0 |
| 2025-04-01 | PEPERZAK MARCUS |
Director |
Other↑
|
No Securities Owned
|
0 |
| 2025-02-06 | DACIER PAUL T |
Director |
Buy↑
Filing footnotes — Class A Common Stock (Direct)
In connection with the closing of the business combination ("Business Combination") between Coliseum Acquisition Corp. ("Coliseum"), Rain Enhancement Technologies, Inc. ("RET"), and Rain Enhancement Technologies Holdco, Inc. (the "Issuer"), the Reporting Person subscribed to purchase an aggregate of 21,955 shares of the Issuer's Class A common stock, par value $0.0001 per share, at a price of approximately $11.39 per share in a private placement pursuant to a Subscription Agreement dated as of December 23, 2024, by and among the Reporting Person and the Issuer. As previously reported, an aggregate of 8,782 shares of Class A Common Stock was issued pursuant to such subscription on December 31, 2024. The remaining 13,173 shares of Class A Common Stock pursuant to such subscription were issued on February 6, 2025. |
Class A Common Stock
|
13,173 |
| 2025-01-29 | You Harry L. |
Director |
Award↑
Filing footnotes — Class A Common Stock (Indirect)
In connection with the closing of the business combination ("Business Combination") between Coliseum Acquisition Corp. ("Coliseum"), Rain Enhancement Technologies, Inc. ("RET"), and Rain Enhancement Technologies Holdco, Inc. (the "Issuer"), Mr. You subscribed to purchase an aggregate of 43,910 shares of the Issuer's Class A common stock, par value $0.0001 per share ("Class A Common Stock") at a price of approximately $11.39 per share in a private placement pursuant to a Subscription Agreement dated as of December 23, 2024, by and among Mr. You and the Issuer. Such subscription closed on January 29, 2025. Represents shares held by RHY 2021 Irrevocable Trust (the "Trust"). Mr. You is the settlor and investment officer of the Trust, and his son is the beneficiary of the Trust. Accordingly, Mr. You may be deemed to have a pecuniary interest in the securities held by the Trust. Mr. You disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein. |
Class A Common Stock
(I)
|
43,910 |
| 2025-01-02 | Seidl Randy |
Director, Chief Executive Officer |
Other↑
|
No Securities Owned
|
0 |
| 2024-12-31 | You Harry L. |
Director |
Award↑
Filing footnotes — Class A Common Stock (Indirect)
In connection with the closing of the business combination ("Business Combination") between Coliseum Acquisition Corp. ("Coliseum"), Rain Enhancement Technologies, Inc. ("RET"), and Rain Enhancement Technologies Holdco, Inc. (the "Issuer"), Berto LLC ("Berto") agreed to exchange 2,257,500 Coliseum private placement warrants held by it for an aggregate of 564,375 shares of the Issuer's Class A common stock, par value $0.0001 per share. Mr. You is the sole member of Berto and has voting and investment discretion with respect to the securities held of record by Berto. Mr. You disclaims beneficial ownership of the securities held by Berto, except to the extent of his pecuniary interest therein. |
Class A Common Stock
(I)
|
564,375 |
| 2024-12-31 | DICKERSON LYMAN B |
Director |
Award↑
Filing footnotes — Class A Common Stock (Direct)
In connection with the closing of the business combination ("Business Combination") between Coliseum Acquisition Corp. ("Coliseum"), Rain Enhancement Technologies, Inc. ("RET"), and Rain Enhancement Technologies Holdco, Inc. ("Holdco"), the Reporting Person acquired an aggregate of 17,564 shares of Holdco Class A Common Stock at a price of $11.39 per share in a private placement pursuant to a Subscription Agreement dated as of December 23, 2024, by and among the Reporting Person and Holdco. |
Class A Common Stock
|
17,564 |
| 2024-12-31 | Riley Christopher Michael |
Director, Interim Co-CEO |
Other↑
|
No Securities Owned
|
0 |
| 2024-12-31 | DACIER PAUL T |
Director |
Buy↑
Filing footnotes — Class A Common Stock (Indirect)
In connection with the closing of the business combination ("Business Combination") between Coliseum Acquisition Corp. ("Coliseum"), Rain Enhancement Technologies, Inc. ("RET"), and Rain Enhancement Technologies Holdco, Inc. (the "Issuer"), the Reporting Person acquired an aggregate of 8,782 shares of the Issuer's Class A common stock, par value $0.0001 per share, at a price of approximately $11.39 per share in a private placement pursuant to a Subscription Agreement dated as of December 23, 2024, by and among the Reporting Person and the Issuer. Paul T. Dacier is the sole member of Rainwater LLC and has voting and investment discretion with respect to the securities held of record by Rainwater LLC. Mr. Dacier disclaims beneficial ownership of the securities held by Rainwater LLC, except to the extent of his pecuniary interest therein. |
Class A Common Stock
(I)
|
8,782 |
| 2024-12-31 | Steele Alexandra |
Director |
Other↑
|
No Securities Owned
|
0 |
| 2024-12-31 | Truong Oanh |
Interim CFO |
Other↑
|
No Securities Owned
|
0 |
| 2024-12-31 | Smith John Eric |
Director |
Other↑
|
No Securities Owned
|
0 |
| 2024-12-31 | DICKERSON LYMAN B |
Director |
Other↑
|
No Securities Owned
|
0 |