secwatch.observer — SEC 8-K summary
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Issuer:     Rainmaker Worldwide Inc. (RAKR)
CIK:        0001872292
Form:       8-K
Filed at:   2022-03-24T23:59:59+00:00
Accession:  0001493152-22-007694
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rainmaker Worldwide issues $53,750 convertible note, up-lists to OTCQB
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- Entered Stock Purchase Agreement for $53,750 convertible note issued March 11, 2022; interest 10% p.a., 22% default rate.
- Note convertible at 65% of market price (35% discount) based on lowest closing bid in prior 10 trading days.
- Up-listed to OTCQB effective March 16, 2022; ticker RAKR remains; improves financial transparency and investor access.
- Note matures March 11, 2023; issued under Section 4(a)(2) exemption from registration.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1872292/000149315222007694/0001493152-22-007694-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1872292/000149315222007694/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-007694

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer