Rain Enhancement Technologies Holdco, Inc. Class A Common Stock (RAIN)
Rain Enhancement Technologies Holdco, Inc. Class A (RAIN) is a company focused on developing and commercializing advanced weather modification and enhancement technologies. It aims to leverage innovative solutions to improve rainfall, manage water resources, and address environmental challenges through proprietary platforms and scientific approaches.
Company News
NEWARK, Calif., Dec. 13, 2023 (GLOBE NEWSWIRE) -- Rain Oncology Inc. (Nasdaq: RAIN) (“Rain”), today announced it has entered into a definitive merger agreement whereby Pathos AI, Inc. (“Pathos”) will acquire Rain for $1.16 in cash per share plus a non-tradeable contingent value right (a “CVR”) for potential cash payments of up to approximately $0.17 per share.
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The Dow Jones closed slightly higher on Friday. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision. Below is a look at a few recent notable insider transactions for penny stocks. For more, check out Benzinga's insider transactions platform. Parks! America The Trade: Parks! America, Inc. (OTC: PRKA) Director Charles Kohnen acquired a total of 100,000 shares an average price of $0.40. To acquire these shares, it cost around $40,000. What’s Happening: Total revenues for the fiscal quarter ended July 2, 2023 fell to $2.85 million, from $3.64 million for the fiscal quarter ended July 3, 2022. What ...
The company released disappointing top-line results for its lead oncology therapy.