Rain Enhancement Technologies Holdco, Inc. Regains Compliance with Nasdaq Listing Requirements

Rhea-AI Summary

Rain Enhancement Technologies Holdco (Nasdaq: RAIN, RAINW) announced it has regained compliance with Nasdaq listing rules and transferred its securities from the Nasdaq Global Market to the Nasdaq Capital Market effective after meeting the Capital Market standards.

The company had been non-compliant with the Global Market thresholds of $50 million market value of listed securities and $15 million public float, requested a hearing, and was directed to transfer by October 20, 2025 and demonstrate compliance by October 31, 2025. Nasdaq approved the Capital Market listing, which requires at least $35 million market value of listed securities and $1 million public float. Trading symbols remain RAIN and RAINW.

Positive

• Nasdaq approved transfer to Nasdaq Capital Market
• Demonstrated compliance with Nasdaq Capital Market rules
• Class A stock and warrants continue trading under RAIN and RAINW

Negative

• Previously non-compliant with Global Market $50M and $15M thresholds
• Listing moved from higher-tier Nasdaq Global Market to Capital Market

Transfers listing to the Nasdaq Capital Market

NAPLES, FL / ACCESS Newswire / November 7, 2025 / Rain Enhancement Technologies Holdco, Inc. (the "Company") (Nasdaq:RAIN, RAINW), today announced that it has regained compliance with the continued listing requirements of Nasdaq and has transferred the listing of its securities from the Nasdaq Global Market to the Nasdaq Capital Market.

As previously announced, the Company was previously non-compliant with two requirements for continued listing on the Nasdaq Global Market: the requirement to maintain a market value of listed securities of at least $50 million and the requirement to maintain a market value of publicly held shares of at least $15 million. The Company requested a hearing from a hearing panel (the "Panel") of the Nasdaq Stock Market LLC ("Nasdaq") to request additional time to regain compliance with such requirements. The Panel granted the Company's request for continued listing on Nasdaq, subject to the Company's application to transfer its listing from the Nasdaq Global Market to the Nasdaq Capital Market on or before October 20, 2025, and its demonstration of compliance with all listing rules of the Nasdaq Capital Market on or before October 31, 2025. Among other things, the Nasdaq Capital Market requires the Company to maintain a market value of listed securities of at least $35 million and a market value of publicly held shares of at least $1 million for continued listing on the Nasdaq Capital Market.

The Company applied for listing on the Nasdaq Capital Market and demonstrated compliance with all of the applicable listing rules of the Nasdaq Capital Market, and Nasdaq approved the listing of the Company's securities on the Nasdaq Capital Market. In connection with the approval of the Company's application, the listing qualifications staff of Nasdaq indicated that the Company had demonstrated compliance with the listing rules of the Nasdaq Capital Market.

The Company's Class A common stock and warrants will continue to trade under the symbols "RAIN" and "RAINW", respectively.

About Rain Enhancement Technologies Holdco, Inc.

The Company was founded to provide the world with reliable access to water, one of life's most important resources. To achieve this mission, the Company aims to develop, manufacture, and commercialize ionization rainfall generation technology. This weather modification technology seeks to provide the world with reliable access to water and transform business, society, and the planet for the better.

Cautionary Note Regarding Forward-Looking Statements

Certain information contained in this press release consists of forward-looking statements that involve risks, uncertainties, and assumptions that are difficult to predict. Such forward-looking statements are not guarantees of performance, and actual actions or events could differ materially from those contained in such statements. For example, there can be no assurance that the Company will be able to maintain compliance with the listing standards of the Nasdaq Capital Market. Additional factors that could cause actual results to differ from the forward-looking statements herein include potential adverse effects on the Company's business related to the disclosures made in this press release, or the initiation of new legal proceedings, volatility of the Company's stock price, and the other risk factors discussed under the caption "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2024, and the Company's other filings with the Securities and Exchange Commission. The forward-looking statements contained in this press release speak only as of the date of this press release, and the Company undertakes no obligation to publicly update any forward-looking statements to reflect changes in information, events, or circumstances after the date of this press release, unless required by law.

Contacts:

Investors
RainwaterTechIR@icrinc.com

Media
RainwaterTechPR@icrinc.com

SOURCE: Rain Enhancement Technologies

View the original press release on ACCESS Newswire

FAQ

What did Rain (RAIN) announce on November 7, 2025 about its Nasdaq listing?

Rain said it regained Nasdaq compliance and transferred its securities to the Nasdaq Capital Market after meeting Capital Market requirements.

Why did Rain (RAIN) move from the Nasdaq Global Market to the Nasdaq Capital Market?

The company had been non-compliant with Global Market thresholds and requested additional time, then applied to transfer to meet Capital Market rules.

What market value and public float requirements did Rain (RAIN) meet for Nasdaq Capital Market listing?

Nasdaq Capital Market requires at least $35 million market value of listed securities and $1 million public float, which Rain demonstrated.

What were the original Nasdaq Global Market thresholds Rain failed to meet?

The Global Market thresholds were $50 million market value of listed securities and $15 million market value of publicly held shares.

By what dates did Rain (RAIN) need to transfer and demonstrate compliance with Nasdaq?

The company was required to transfer listings on or before October 20, 2025 and demonstrate compliance on or before October 31, 2025.

Will Rain's stock symbols change after the Nasdaq transfer?

No. Rain's Class A common stock and warrants will continue trading under RAIN and RAINW.