04:53 PM EDT, 08/22/2025 (MT Newswires) -- Rain Enhancement Technologies (RAIN) said late Friday it has received a delisting notice from Nasdaq because it has not regained compliance with a rule requiring it to maintain a market value of listed securities of at least $50 million, and a rule requiring it to keep a market value of publicly held shares of at least $15 million.
The company said it has filed a request for a hearing with the Nasdaq Hearing Panel to ask for more time to regain compliance with the listing rules.
Rain said it is considering all options to regain compliance with the rules.