Rainmaker Worldwide converts notes into 1.25M shares
Rainmaker Worldwide Inc. reported that on January 26, 2026 it issued 1,249,178 shares of common stock upon conversion of two outstanding convertible promissory notes.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Rainmaker Worldwide Inc. reported that on January 26, 2026 it issued 1,249,178 shares of common stock upon conversion of two outstanding convertible promissory notes. The notes had an aggregate principal of $36,000 plus $7,378 of accrued interest, for total converted indebtedness of $43,378, at a fixed conversion price of $0.034725 per share. After this issuance, the company has 85,048,906 common shares outstanding. The exchange relied on the Section 3(a)(9) exemption because the securities were exchanged with existing holders and no commission or other remuneration was paid.
8-K Event Classification
FAQ
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AI-generated analysis. How Rhea-AI works. Not financial advice.