secwatch.observer — SEC 8-K summary
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Issuer:     Rainmaker Worldwide Inc. (RAKR)
CIK:        0001872292
Form:       8-K
Filed at:   2025-01-10T23:59:59+00:00
Accession:  0001493152-25-001533
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01
LLM model:  deepseek-v4-flash:cloud@v2

Rainmaker Worldwide converts $276K loan receivable into 1.7M shares of private subsidiary RWI
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- Company assumed $112,378 in liabilities (loans, interest, AP) applied against $388K loan receivable from RWI.
- Remaining $275,622 converted into 1,724,312 common shares of RWI at CA$0.23 per share.
- Post-transaction, Rainmaker's ownership in RWI increased to 10,753,874 common shares.
- Transaction effective December 31, 2024; agreement signed with privately owned Canadian company RWI.
- Liabilities assumed were already recognized on the Company's balance sheet.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1872292/000149315225001533/0001493152-25-001533-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1872292/000149315225001533/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-001533

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