Coliseum Acquisition Corp. to merge with Rain Enhancement Technologies, Inc. to address water scarcity challenges
Acquiring Company
Coliseum Acquisition
Acquired Company
Rain Enhancement Technologies Holdco
New YorkNaplesInformation TechnologyAgriculture and FarmingWaterDescription
Coliseum Acquisition Corp., a publicly traded special purpose acquisition company, has announced a business combination with Rain Enhancement Technologies, Inc. The merge aims to provide RET access to public markets and capital to further develop and commercialize ionization rainfall generation technology, addressing global water scarcity challenges.
Quick answer
Coliseum Acquisition is acquiring Rain Enhancement Technologies Holdco, announced June 26, 2024. Coliseum Acquisition is based in New York, New York, United States.
- How much did Coliseum Acquisition pay for Rain Enhancement Technologies Holdco?
- The deal value was not disclosed.
- What does Coliseum Acquisition do?
- Coliseum Acquisition Corp. is a publicly traded special purpose acquisition company with the business purpose of effectuating a merger, share exchange, asset acquisition, share purchase, reorganization or other similar..
- Where are Coliseum Acquisition and Rain Enhancement Technologies Holdco based?
- Coliseum Acquisition is based in New York, New York, United States. Rain Enhancement Technologies Holdco is based in Naples, Florida, United States.
Source: Fundz verified event record.
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Frequently asked
Who acquired Rain Enhancement Technologies Holdco?
Rain Enhancement Technologies Holdco was acquired by Coliseum Acquisition, based in New York. The deal was reported on June 26, 2024. Coliseum Acquisition Corp. Coliseum Acquisition is privately held.
When did Coliseum Acquisition acquire Rain Enhancement Technologies Holdco?
Coliseum Acquisition's acquisition of Rain Enhancement Technologies Holdco was reported on June 26, 2024. Coliseum Acquisition Corp., a publicly traded special purpose acquisition company, has announced a business combination with Rain Enhancement Technologies, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Rain Enhancement Technologies Holdco do?
The Company operates within the financial services industry and primarily focuses on maintaining compliance with stock exchange listing standards. It aims to offer a range of financial services and products tailored to meet market demands. It is publicly traded (RAIN), operating in Information Technology, and is based in Naples.
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