---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-019848"
form_type: "8-K"
ticker: "RAKR"
cik: "0001872292"
company_name: "Rainmaker Worldwide Inc."
filed_at: "2023-06-02T23:59:59+00:00"
generated_at: "2026-06-14T08:34:00.594669+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Rainmaker Worldwide issues 150K Series A Preferred shares to Viva Industries for $150K; strong control rights

## Summary
- Sold 150,000 Series A Preferred Shares at $1.00 each for aggregate $150,000 to Viva Industries, partially owned by former CEO Michael Skinner.
- Preferred shares carry 1.5% monthly dividend on original purchase price, payable in cash or restricted common stock at company's option.
- Investor gains approval rights on future common/preferred dilution, right to appoint up to 3 directors, and ability to authorize a reverse stock split with 50.1% voting power.
- Investor has option to buy up to $600,000 of common stock at $0.0006 per share (50% discount to market) and convert preferred on same terms.
- Buyback triggers include loss of SEC compliance or OTC listing; if unrepurchased within 60 days, investor can take ownership of Ontario equity.

## SEC filing metadata
- accession: 0001493152-23-019848
- form_type: 8-K
- ticker: RAKR
- cik: 0001872292
- company_name: Rainmaker Worldwide Inc.
- filed_at: 2023-06-02T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 3.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1872292/000149315223019848/0001493152-23-019848-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1872292/000149315223019848/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-019848
- JSON: https://secwatch.observer/filing/0001493152-23-019848.json
- Plain text: https://secwatch.observer/filing/0001493152-23-019848.txt

## Key facts
- Governance Changes
  Rainmaker Worldwide Inc.: Adopted a new Series A Preferred Stock designation with super voting rights (effective 2023-06-01).
  - Change: charter amendment
  - Effective: 2023-06-01
  source text: On June 1, 2023, the Company adopted a new class of Preferred Stock designated as Series A Preferred Stock.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1872292/000149315223019848/0001493152-23-019848-index.htm
- Material Agreements
  Rainmaker Worldwide Inc. entered into Stock Purchase Agreement with Viva Industries Inc. valued at $150,000 (effective 2023-05-26).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Viva Industries Inc.
  - Value: $150,000
  - Effective: 2023-05-26
  source text: On May 26, 2023, Rainmaker Worldwide Inc. (the “Company”), consummated a Stock Purchase Agreement (the “SPA”) with Viva Industries Inc., an accredited investor (the “Buyer”), for the sale and issuance to the Buyer of 150,000 shares (the “Shares”) of Series A Preferred Stock, $0.001 par value for an aggregate of $150,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1872292/000149315223019848/0001493152-23-019848-index.htm

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