DACIER PAUL T

10% owner Paul T Dacier purchases 13,173 shares of RAIN at $11.39 (Feb 6), stock now at $3.23

Paul T Dacier, a 10% owner, initiated a position in Rain Enhancement Technologies with a purchase of 13,173 shares at $11.39 totaling $150,040.47 on 2025-02-06. The stock is trading at $3.23 as of 2025-02-10, representing a substantial markdown from the purchase price just four trading days after execution. This timing is particularly notable given that RAIN is a recent listing (26 trading days old), where price discovery and volatility are typically elevated. The disconnect between entry price and current market valuation merits investor attention to understand whether this reflects broader market concerns about the offering or underlying fundamentals.

10% Owner Paul Dacier buys 8,782 shares of RAIN at $11.39; stock now at $1.21 after recent listing

On 2024-12-31, Dacier Paul T, a 10% owner, purchased 8,782 shares at $11.39 for a total value of $100,026.98, bringing his holdings from 1,839,322 to 1,848,104 shares. The stock's current price of $1.21 represents a significant decline from the transaction price, with Rain Enhancement Technologies having completed its listing just 24 trading days prior. This purchase occurred before the sharp price deterioration, though the recent listing status and limited trading history preclude meaningful pattern analysis. The modest +0.5% increase to his existing 1.84M share position suggests a routine top-up rather than a major conviction signal, especially given the subsequent price action.