Coliseum Acquisition Corp. (“Coliseum”) (Nasdaq: MITA, MITAU, MITAW), a publicly traded special purpose acquisition company, and Rain Enhancement Technologies, Inc. (“RET”), an emerging company developing rainfall generation technology, today announced that the registration statement on Form S-4 (File No. 333-283425) (as amended, the “Registration Statement”), filed by RET and Rain Enhancement Technologies Holdco, Inc., a wholly-owned subsidiary of RET (“Holdco”), relating to the previously announced business combination among Coliseum, RET, Holdco, and the other parties thereto (the “Business Combination”), has been declared effective by the U.S. Securities and Exchange Commission (“SEC”).
The extraordinary general meeting of Coliseum shareholders in connection with the Business Combination (the “Extraordinary General Meeting”) will be held on December 23, 2024. The proxy statement/prospectus relating to the Extraordinary General Meeting will be mailed to Coliseum’s shareholders of record as of the close of business on November 26, 2024.
The parties anticipate that the Business Combination will close in December 2024, subject to satisfaction of the conditions to the closing of the Business Combination.
