---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-020888"
form_type: "8-K"
ticker: "RAKR"
cik: "0001872292"
company_name: "Rainmaker Worldwide Inc."
filed_at: "2022-08-01T23:59:59+00:00"
generated_at: "2026-06-24T06:39:06.852097+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-22-020888
- form_type: 8-K
- ticker: RAKR
- cik: 0001872292
- company_name: Rainmaker Worldwide Inc.
- filed_at: 2022-08-01T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1872292/000149315222020888/0001493152-22-020888-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1872292/000149315222020888/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-020888
- JSON: https://secwatch.observer/filing/0001493152-22-020888.json
- Plain text: https://secwatch.observer/filing/0001493152-22-020888.txt

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