RAIN ENHANCEMENT TECHNOLOGIE RAIN
CL A · Common Stock · CUSIP 75080J103
- SectorIndustrials
- IndustryMisc Industrial & Commercial Machinery & Equipment
- HeadquartersNaples, FL
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $2.07.
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q1 2025 | 9 |
| Q2 2025 | 10 |
| Q3 2025 | 15 |
| Q4 2025 | 13 |
| Q1 2026 | 17 |
| Q2 2026 | 16 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2025 | 6 | 2 |
| Q3 2025 | 10 | 1 |
| Q4 2025 | 5 | 9 |
| Q1 2026 | 10 | 5 |
| Q2 2026 | 6 | 6 |
Biggest buyers
| JPMORGAN CHASE & CO | Added | +30.9k |
| Tower Research Capital LLC (TRC) | Added | +1.7k |
| CITIGROUP INC | New | +274 |
| WOLVERINE ASSET MANAGEMENT LLC | New | +77 |
| SBI Securities Co., Ltd. | Added | +15 |
| Caitong International Asset Management Co., Ltd | Added | +2 |
Biggest sellers
| Meteora Capital, LLC | Reduced | -52.5k |
| Kingsview Wealth Management, LLC | Sold out | -20.0k |
| UBS Group AG | Reduced | -19.8k |
| BlackRock, Inc. | Sold out | -4.6k |
| GEODE CAPITAL MANAGEMENT, LLC | Reduced | -2.7k |
| ROYAL BANK OF CANADA | Sold out | -1.8k |
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
You Harry L.
13D · may seek influence
+6.2 pts · filed 2026-06-09
Stated purposeOn June 5, 2026, the Issuer entered into an Agreement to Convert Debt to Equity (the "Conversion Agreement") with RHY Management, a lender to the Issuer and entity of which the Reporting Person is the sole member. Pursuant to the Conversion Agreement, on June 5, 2026, RHY Management exchanged an aggregate of $4,000,000 of indebtedness owed by the Issuer to RHY Management into shares of Class A Common Stock at a price per share equal to the volume-weighted average price of the Class A Common Stock for the ten trading days preceding the date of the Conversion Agreement, which was $2.48 per share, for an aggregate of 1,612,903 shares of Class A Common Stock. In connection with the Conversion Agreement, on June 5, 2026, RHY Management entered into a joinder to the lock-up agreement dated Dece… Full filing |
38.5% |
| DACIER PAUL T 13G · exempt (held before listing) new · filed 2025-02-10 | 24.7% |
| LMR Partners LLP 13G · institution +0.6 pts · filed 2026-02-17 | 7.0% |
| METEORA CAPITAL, LLC 13G · institution -2.1 pts · filed 2026-08-14 | 5.7% |
Fell to 5% or below in the last year: Polar Asset Management Partners Inc. (1.8%, 2026-02-17)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 1 | $41.2k | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 0 | — | — |
| Q2 2026 | 1 | $100.9k | 0 | — | — |
| Q3 2026 | 1 | $104.5k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-08-19 | Seidl Randy Chief Executive Officer, director | Bought | $104.5k110.0k shares |
| 2026-05-22 | Seidl Randy Chief Executive Officer, director | Bought | $10.3k4.0k shares |
| 2026-05-21 | Seidl Randy Chief Executive Officer, director | Bought | $75.9k30.0k shares |
| 2026-05-20 | Seidl Randy Chief Executive Officer, director | Bought | $14.7k8.5k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| Meteora Capital, LLC 0.10% of their portfolio | 585.8k $1.2m | Reduced -52.5k |
| Knott David M Jr 0.11% of their portfolio | 101.7k $210.5k | Unchanged |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 39.6k $82.1k | Unchanged |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 39.2k $90.1k | Added +30.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 27.8k $57.6k | Reduced -2.7k |
| Polar Asset Management Partners Inc. 0.00% of their portfolio | 24.0k $41.9k | Unchanged |
| Magnetar Financial LLC 0.00% of their portfolio | 24.0k $49.6k | Unchanged |
| Apollo Management Holdings, L.P. 0.00% of their portfolio | 24.0k $49.6k | Unchanged |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 17.2k $35.5k | Unchanged |
| UBS Group AG 0.00% of their portfolio | 14.7k $30.4k | Reduced -19.8k |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 3.0k $6.1k | Added +1.7k |
| MORGAN STANLEY 0.00% of their portfolio | 950 $2.0k | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 274 $567 | New |
| WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio | 77 $159 | New |
| SBI Securities Co., Ltd. 0.00% of their portfolio | 18 $37 | Added +15 |
| Caitong International Asset Management Co., Ltd 0.00% of their portfolio | 3 $6 | Added +2 |