other material
confidence high
sentiment neutral
materiality 0.30
Rainmaker Worldwide issues 1,249,178 shares upon conversion of $43,378 in notes and interest
Rainmaker Worldwide Inc.
- Issued 1,249,178 common shares upon conversion of two convertible notes with aggregate principal of $36,000 plus $7,378 accrued interest.
- Total converted indebtedness of $43,378 at fixed conversion price of $0.034725 per share.
- Outstanding shares increased to 85,048,906 after conversion.
- Shares issued in reliance on Section 3(a)(9) exemption; no commission paid for soliciting exchange.