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Rainmaker Worldwide fails to file 2025 10-K within extension; reporting non-compliance
Did not file 2025 Form 10-K within Rule 12b-25 extension period.
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Rainmaker settles $5.0M debt with Sphere 3D for $500K cash payment
Outstanding balance of $5.0M settled for $500K cash due by Feb 27, 2026.
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Rainmaker Worldwide issues 17.3M common shares on preferred conversion, diluting by ~26%
259,000 Series A Preferred shares converted into 17,266,666 common shares at $0.015 per share.
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Rainmaker Worldwide issues 9.4M restricted shares for services to CEO, VP Finance, consultants
Issued 3,000,000 restricted shares to CEO Michael O'Connor for services rendered.
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Rainmaker CEO and VP convert $935K debt into 26.9M restricted shares; director resigns
Michael Skinner resigned from board effective Dec 31, 2024 for personal reasons; board reduced to 2 directors.
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Rainmaker Worldwide completes 1-for-25 reverse split to requalify for OTCQB listing
Share consolidation effective September 26, 2024, at a 1-for-25 ratio.