Company's Class A common stock and warrants continue to trade on the Nasdaq Capital Market under the ticker symbols "RAIN" and "RAINW" NAPLES, FL / ACCESS Newswire / October 28, 2026 / Rain Enhancement Technologies Holdco, Inc. (NASDAQ:RAIN) ("RAIN" or the "Company"), a leading provider of ionization rain and snowfall generation technology, today announced that a Hearings Panel (the "Panel") of The Nasdaq Stock Market LLC ("Nasdaq") has granted the Company's request for continued listing on Nasdaq subject to the Company's satisfaction of certain conditions, including milestones related to RAIN's previously announced proposed business combination with Tensor Networks and related financing, and, ultimately, the combined company's compliance with all applicable criteria for initial listing on Nasdaq by no later than February 16, 2027 . "We appreciate the Panel's decision, which provides additional time as we execute on our strategic and operational priorities," said Randy Seidl , CEO of Rain Enhancement Technologies. "We continue to make progress in strengthening the Company's foundation and advancing the WETA (Weather Enhancement Technology Array) with partners in the United States and abroad. We remain committed to maintaining our Nasdaq listing and to building long-term value for our shareholders." About Rain Enhancement Technologies, Inc. Rain Enhancement Technologies ("RET") is a wholly owned subsidiary of RAIN. RET was founded to provide the world with reliable access to water, one of life's most important resources. To achieve this mission, RET develops, manufactures, and commercializes ionization precipitation generation technology that enhances rainfall and snowpack to address water scarcity challenges. The Company is also developing applications for fog mitigation to expand its weather modification capabilities. RET's chemical-free, solar-powered technology seeks to transform water resource management for businesses, society, and the planet. To learn more, go to investor.rainenhancement.com . Forward-Looking Statements The disclosure herein includes certain statements that are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as "believe," "may," "will," "estimate," "continue," "anticipate," "intend," "expect," "should," "would," "plan," "project," "forecast," "predict," "potential," "seem," "seek," "future," "outlook," and similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include, but are not limited to, (1) statements regarding the Company's ability to satisfy the conditions of the Panel's decision and to regain and maintain compliance with Nasdaq listing requirements; (2) statements regarding the proposed business combination with Tensor Networks, the related financing, and the timing and likelihood of their completion; (3)the occurrence of any event, change or other circumstances that could give rise to the termination of the negotiations, inability to enter into any subsequent definitive agreements with respect to the proposed business combination, or to consummate the proposed business combination; (4) the outcome of any legal proceedings that may be instituted against the parties following the announcement of the proposed business combination and any definitive agreements with respect thereto; (5) the inability to complete the proposed business combination with Tensor Networks, including due to failure to obtain approval of the shareholders of RAIN and Tensor Networks or other conditions to closing; (6) the risk that the proposed business combination disrupts current plans and operations as a result of the announcement and consummation of the proposed business combination; (7) the ability to recognize the anticipated benefits of the proposed business combination, which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth profitably and retain its key employees; (8) costs related to the proposed business combination; (9) changes in applicable laws or regulations; (10) volatility in RAIN's stock price following the announcement of the proposed business combination; (11) references with respect to the anticipated benefits of the Company's WETA platform and technology; (12) references to the market opportunity for rain enhancement technologies and products; (13) the projected technological developments of RET; (14) current and future potential commercial and customer relationships; and (15) other risks and uncertainties included in RAIN's Annual Report and in the documents filed or to be filed with the SEC by RAIN and Tensor Networks. These statements are based on v