February 6, 2025 · Form 4 insider transaction
DACIER PAUL T bought 13,173 shares of RAIN at $11.39 per share, a transaction worth $150.0K. The trade was recorded as open-market purchase and disclosed on an SEC Form 4, filed 4 days after the transaction.
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.