Rainmaker Worldwide issues $35K convertible note at 35% discount to market price

Rainmaker Worldwide Inc.

Principal $35,000, 10% annual interest, matures July 26, 2023.
Variable conversion price equals 65% of lowest trading price over prior 10 trading days (35% discount).
Company may prepay within first 180 days at escalating premiums.
Note issued under Stock Purchase Agreement; unregistered sale under Rule 506(b).
Interest rate rises to 24% upon default.

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