Item 5. Market for Registrant’s Common Equity
Item
5. Market for Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.
Market
Information
Shares
of our Class A Common Stock and Warrants began trading on Nasdaq under the symbols “RAIN” and “RAINW”, respectively,
on January 2, 2025. Shares of our Class B Common Stock do not trade on any market.
Holders
As of March 31, 2026, there were approximately
65 record holders of Class A Common Stock, 3 record holders of Class B Common Stock and 1 record holder of Warrants. The number of holders
of record does not include a substantially greater number of “street name” holders or beneficial holders whose shares of
Class A Common Stock and Warrants are held of record by banks, brokers and other financial institutions.
Dividends
Holdco
has not paid any dividends to its shareholders. It is the present intention of the Board to retain all earnings, if any, for use in Holdco’s
business operations and, accordingly, the Holdco does not anticipate declaring any dividends in the foreseeable future. The Board will
consider whether or not to institute a dividend policy. The determination to pay dividends will depend on many factors, including, among
others, Holdco’s financial condition, current and anticipated cash requirements, contractual restrictions and financing agreement
covenants, solvency tests imposed by applicable corporate law and other factors that the Board may deem relevant.
Item
6. [Reserved]
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