Rain Enhancement Technologies Holdco, Inc. (RAINW) Warrant
Each RAINW warrant gives the holder the right to buy 1 share of Rain Enhancement Technologies Holdco, Inc. at $11.50 per share, until December 31, 2029. The stock last closed at $0.77, below the strike, so the warrant is out of the money. Rain Enhancement Technologies Holdco, Inc. has a market value of about $9.04M. There are 5.00M listed warrants; exercising all of them would add 42.7% to the 11.70M shares outstanding. The company can call the warrants if the stock trades at or above $18.00.
RAIN vs strike, last 12 months
No share-price history for RAIN yet.
Key terms
- Strike per share
- $11.50
- Shares per warrant
- 1
- Cash to exercise one warrant
- $11.50
- Expiry
- 2029-12-31
- Redemption trigger
- $18.00
- Cashless exercise
- allowed
- Break-even stock price
- $11.67
From the issuer's 424B3 (2026-05-04).
Company and stock
- Company
- Rain Enhancement Technologies Holdco, Inc.
- Underlying stock
- RAIN
- Share price
- $0.77
- Market cap
- $9.04M
- Shares outstanding
- 11.70M
- Value of all listed warrants
- $850.00K (9.4% of market cap)
Market cap is the last share price times shares outstanding (as of 10-Q 2026-). All SEC filings for this company.
Model value vs price Pro
- Model value
- Last price
- $0.1700
- Price / model
Get Pro to see whether RAINW is cheap or rich against our model.
Dilution
- Shares outstanding
- 11.70M
- Listed warrants
- 5.00M
- Dilution if all exercised
- 42.7%
Warrant count from filing iXBRL: PublicWarrantsMember.
Filings and events
- Terms source: 424B3
- Merger closed; the warrants became warrants of the combined company
Questions about RAINW
When does the RAINW warrant expire?
RAINW expires on December 31, 2029.
What is the strike price of RAINW?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
Can Rain Enhancement Technologies Holdco, Inc. redeem the RAINW warrants early?
Yes. The company can call them if the share price reaches $18.00 for the required period (usually 20 of 30 trading days).
How many RAINW warrants are outstanding?
5.00M listed warrants, equal to 42.7% dilution if all are exercised.