Coliseum Acquisition Corp. and Rain Enhancement Technologies, Inc. Announce SEC Filing Effectiveness for Business Combination

Coliseum Acquisition Corp. (NASDAQ: MITA) and Rain Enhancement Technologies, Inc. jointly disclosed today that their Registration Statement on Form S-4, filed with the U.S. Securities and Exchange Commission (SEC), has been declared effective. The Registration Statement, in connection with the anticipated business combination involving Coliseum, Rain Enhancement Technologies Holdco, Inc., and related parties, marks a significant step forward for the companies.

On December 10, 2024, Coliseum and Rain Enhancement Technologies, Inc. released a press statement outlining this development. The Registration Statement was filed by Rain Enhancement Technologies and their subsidiary, Holdco. The Statement includes details of the proposed business combination between Coliseum, RET, and Holdco. This important disclosure signifies progress towards the completion of this significant transaction.

The finalization of the Registration Statement represents a key milestone, positioning the companies for strategic growth through the amalgamation of their resources and expertise. According to the information provided, the anticipated Extraordinary General Meeting of Coliseum shareholders is scheduled for December 23, 2024, to vote on matters related to the business combination.

Rain Enhancement Technologies, Inc. aims to revolutionize access to water resources by developing and commercializing innovative rainfall generation technology. Coliseum Acquisition Corp., on the other hand, is a special purpose acquisition company seeking to execute a merger, share exchange, or similar business combination with prospective entities.

Investors and interested parties can access further details about the Business Combination, including the Proxy Statement/Prospectus, by visiting the SEC’s website or by requesting information directly from Coliseum Acquisition Corp. The purpose of these documents is to provide shareholders and potential investors with crucial information necessary for making informed decisions regarding the impending Business Combination.

As forward-looking statements are part of this disclosure, investors are advised to exercise caution and conduct thorough evaluations before acting based on the information provided. The collaboration between Coliseum Acquisition Corp. and Rain Enhancement Technologies, Inc. presents an exciting opportunity for the companies and their stakeholders as they advance towards completing the transaction.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Coliseum Acquisition’s 8K filing here.

About Coliseum Acquisition

Coliseum Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Las Vegas, Nevada.