Rain Enhancement Technologies Holdco (Nasdaq: RAIN), a rain-enhancement technology company, is facing possible delisting. Its market value of listed securities closed below Nasdaq's $35 million minimum for 30 consecutive business days through February 17, 2026, and it didn't get back above the line within the 180-day grace period that ended August 17, 2026. On August 18, Nasdaq notified the company that unless it promptly requested a hearing, its shares would be suspended and delisted as of the market open on August 27. The company filed that hearing request on August 21 to buy more time, and it expects the pending hearing to put any suspension or delisting on hold — though there's no guarantee the panel will ultimately allow it to stay listed.
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