On December 29, 2022 Rain Therapeutics Inc. ("Rain") (NasdaqGS: RAIN), (Rain), a late-stage biotechnology company developing precision oncology therapeutics with a lead product candidate, milademetan, an oral, small molecule inhibitor of the MDM2-p53 complex that reactivates p53, reported that it will change its name to Rain Oncology Inc. effective tomorrow, December 30, 2022, to better reflect the company’s focus on addressing unmet needs for cancer patients through precision oncology (Press release, Rain Therapeutics, DEC 29, 2022, View Source [SID1234625665]).

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"Our Company has always kept a steadfast focus on patients with cancer in an enduring passion to develop new precision oncology strategies. We felt it appropriate for our name to reflect that intent. As we enter the new year, now is the perfect time to launch Rain Oncology Inc. to reflect this unwavering mission," said Avanish Vellanki, Chief Executive Officer.

In connection with the name change, Rain will have a new corporate website at www.rainoncology.com. No action is required from current stockholders in connection with the name change. The company’s common stock will continue to be listed on The Nasdaq Global Select Market and the CUSIP will not change. The number of outstanding shares of the company’s common stock is not affected by the name change. The company’s ticker symbol "RAIN" will remain the same.