secwatch.observer — SEC 8-K summary
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Issuer:     Rainmaker Worldwide Inc. (RAKR)
CIK:        0001872292
Form:       8-K
Filed at:   2024-09-27T23:59:59+00:00
Accession:  0001493152-24-038403
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 3.03, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rainmaker Worldwide completes 1-for-25 reverse split to requalify for OTCQB listing
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- Share consolidation effective September 26, 2024, at a 1-for-25 ratio.
- Common shares trade on OTC Pink under temporary symbol 'RAKRD' for 20 business days, then revert to 'RAKR'.
- Purpose: increase per-share price to meet OTCQB Venture Market listing requirements.
- No fractional shares issued; fractional amounts rounded down to nearest whole share.
- CEO Michael O'Connor states split is crucial for long-term growth and to attract institutional investors.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1872292/000149315224038403/0001493152-24-038403-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1872292/000149315224038403/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-038403

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