Rain Enhancement Technologies Granted Extension by Nasdaq Hearings Panel to Evidence Compliance with Listing Criteria

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."