---
title: "Rain Enhancement Technologies signs at-the-market equity sales agreement for up to $3.51 million in shares"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291336824.md"
description: "Rain Enhancement Technologies Holdco entered an at-the-market equity distribution agreement with Needham to sell up to $3.51 million in Class A common stock. Sales occur at the company's discretion, subject to board authorization. Needham receives up to 3% of gross proceeds. Funds will support working capital, capital expenditures, and general corporate purposes."
datetime: "2026-06-30T21:25:43.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291336824.md)
  - [en](https://longbridge.com/en/news/291336824.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291336824.md)
generator: "portal-rs"
---

# Rain Enhancement Technologies signs at-the-market equity sales agreement for up to $3.51 million in shares

-   Rain Enhancement Technologies Holdco entered an at-the-market equity distribution agreement with Needham to sell up to $3.51 million of Class A common stock. \* Sales can occur from time to time at the company’s discretion, subject to board authorization on share amounts and pricing parameters. \* Needham will receive up to 3% of gross proceeds from shares sold under the program. \* Proceeds are earmarked mainly for working capital, capital expenditures, and general corporate purposes. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rain Enhancement Technologies Holdco Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-073834), on June 30, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**