leadership
confidence high
sentiment neutral
materiality 0.40
Rainmaker Worldwide adopts 2026 Equity Incentive Plan and grants options to executives and director
Rainmaker Worldwide Inc.
- Board adopted 2026 Equity Incentive Plan effective Jan 9, 2026, authorizing issuance of up to 10% of outstanding shares on fully diluted basis.
- Granted 3,330,332 NSOs to Larchwood Management Partners (affiliate of CEO Michael O'Connor) at $0.0209 per share.
- Granted 3,330,332 NSOs to 2752128 Ontario Ltd. (affiliate of VP Finance Kelly White) at same price.
- Granted 1,924,192 NSOs to director James Ross at $0.0209 exercise price.
- Options vest monthly over 24 months, have 5-year term, and double-trigger acceleration for executives.