{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-002277","form_type":"8-K","ticker":"RAKR","cik":"0001872292","company_name":"Rainmaker Worldwide Inc.","filed_at":"2026-01-14T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.626979+00:00","generated_at":"2026-05-16T10:28:12.414105+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Rainmaker settles $5.0M debt with Sphere 3D for $500K cash payment","bullets":["Outstanding balance of $5.0M settled for $500K cash due by Feb 27, 2026.","Interest ceased accruing as of Dec 25, 2025; amount increases if payment is late.","Mutual release of all claims related to original Oct 2020 debt upon full payment.","Settlement reduces debt by approximately 90% if paid on time."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-002277","json":"https://secwatch.observer/filing/0001493152-26-002277.json","markdown":"https://secwatch.observer/filing/0001493152-26-002277.md","text":"https://secwatch.observer/filing/0001493152-26-002277.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1872292/000149315226002277/0001493152-26-002277-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1872292/000149315226002277/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T10:28:12.414105+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7e5abaaabcd208e4ec49365376bf83216f7c0693","claim":"Rainmaker Worldwide Inc. entered into Settlement Agreement and Mutual Release with Sphere 3D Corp. valued at $500,000 (effective 2026-01-13).","evidence_excerpt":"On January 13, 2026, Rainmaker Worldwide Inc. (the “Company”) entered into a Settlement Agreement and Mutual Release (the “Settlement Agreement”) with Sphere 3D Corp. (the “Holder”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1872292/000149315226002277/0001493152-26-002277-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"settlement"},{"label":"Counterparty","value":"Sphere 3D Corp."},{"label":"Value","value":"$500,000"},{"label":"Effective","value":"2026-01-13"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}