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Director Lyman B. Dickerson of Rain Enhancement Technologies Holdco, Inc. (NASDAQ:RAIN), a micro-cap company with a market value of $45 million, sold a total of 5,717 shares of Class A Common Stock between September 9 and September 12, 2025, for approximately $41,215. According to InvestingPro analysis, the stock is currently trading near its Fair Value, amid significant price volatility over the past year.
According to a Form 4 filing with the Securities and Exchange Commission, the sales were executed in multiple transactions. On September 9, Dickerson sold 1,917 shares at a weighted average price of $5.24, in a range from $5.15 to $5.39. On September 10, 215 shares were sold at $5.55. Followed by 398 shares on September 11, at a weighted average price of $5.80, in a range from $5.77 to $5.86. The final sale occurred on September 12, with 4,787 shares sold at a weighted average price of $5.78, in a range from $5.50 to $6.29. These transactions occurred as the stock trades significantly below its 52-week high of $13.70, having declined over 50% in the past year.
Following these transactions, Dickerson directly owns 10,247 shares of Rain Enhancement Technologies Holdco, Inc. Get deeper insights into RAIN’s insider trading patterns and 11 additional key investment factors with a InvestingPro subscription.
In other recent news, Rain Enhancement Technologies Holdco, Inc. announced its plans to conduct its first fog mitigation pilot in Australia, marking an expansion of its Weather Enhancement Technology Array platform. This initiative aims to address fog-related disruptions in transportation and industry. Additionally, the company has amended the employment agreement with its CEO, Randall Seidl, awarding him a $5.82 million retention bonus. This bonus replaces a previously disclosed unsecured note and will be paid as a lump sum under specific conditions. Meanwhile, Cid Holdco, Inc. reported changes to its board of directors following the resignations of Holly Grey and Joanna Burkey. The company clarified that these resignations were not due to any disagreements related to operations, policies, or practices.
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