Rain Enhancement Technologies Completes Combination Ahead of Trading Debut

Dow Jones

Jan 01, 2025

By Connor Hart

Rain Enhancement Technologies completed its previously announced business combination with special-purpose acquisition company Coliseum Acquisition.

The company, which is developing rainfall-generation technologies, said Tuesday that its common stock and warrants are expected to start trading on the Nasdaq on Jan. 2 under the tickers RAIN and RAINW, respectively.

In preparation for its public trading debut, Randy Seidl was named the company's co-chief executive, effective Jan. 2. Seidel, who has 40 years of technology industry experience, will work alongside current CEO Christopher Riley during its transition period, the company said.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

December 31, 2024 14:17 ET (19:17 GMT)

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Seidel, who has 40 years of technology industry experience, will work alongside current CEO Christopher Riley during its transition period, the company said. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Connor Hart at connor.hart@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 31, 2024 14:17 ET (19:17 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"RAIN","symbol_name":"Rain Enhancement Technologies","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2500464184","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2500464184","pubTimestamp":1735672620,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Rain Enhancement Technologies completed its previously announced business combination with special-purpose acquisition company Coliseum Acquisition.The company, which is developing rainfall-generation technologies, said Tuesday that its common stock and warrants are expected to start trading on the Nasdaq on Jan. 2 under the tickers RAIN and RAINW, respectively.In preparation for its public trading debut, Randy Seidl was named the company's co-chief executive, effective Jan. 2. 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Seidel, who has 40 years of technology industry experience, will work alongside current CEO Christopher Riley during its transition period, the company said. \n\n\n \n\n\n  Write to Connor Hart at connor.hart@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  December 31, 2024 14:17 ET (19:17 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}