---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-004735"
form_type: "8-K"
ticker: "RAKR"
cik: "0001872292"
company_name: "Rainmaker Worldwide Inc."
filed_at: "2022-02-16T23:59:59+00:00"
generated_at: "2026-06-27T07:41:12.996650+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Rainmaker Worldwide issues $55K convertible note; term sheet indicates potential $700K funding

## Summary
- Issued $55,000 promissory note with 10% interest (22% default) maturing Feb 7, 2023.
- Conversion price set at 65% of the lowest trading price in the prior 10 days (35% discount).
- Term sheet signed Feb 3, 2022 shows investor willingness to fund up to $700,000 in tranches at discretion.
- Proceeds from note to be used for general working capital.
- Securities sold in unregistered offering under Section 4(a)(2) and Rule 506(b).

## SEC filing metadata
- accession: 0001493152-22-004735
- form_type: 8-K
- ticker: RAKR
- cik: 0001872292
- company_name: Rainmaker Worldwide Inc.
- filed_at: 2022-02-16T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1872292/000149315222004735/0001493152-22-004735-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1872292/000149315222004735/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-004735
- JSON: https://secwatch.observer/filing/0001493152-22-004735.json
- Plain text: https://secwatch.observer/filing/0001493152-22-004735.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.