STOCK TITAN

Rainmaker Worldwide appoints Kelly White finance chief

Rainmaker Worldwide adds Kelly White as director and chief financial officer while confirming an outstanding 10% related-party convertible note.

(High)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Rainmaker Worldwide Inc. (RAKR) reported that, effective September 21, 2026, its Board of Directors expanded from two to three members and appointed Kelly White as a director. The Board now consists of Michael A. Skinner, Ryan D. Moore and Kelly White.

On the same date, Kelly White was appointed Treasurer and designated as the company’s Principal Financial Officer and Principal Accounting Officer. Michael A. Skinner ceased serving as Treasurer but continues as President and Principal Executive Officer, and Ryan D. Moore continues as Secretary. No separate compensation has been established for White’s new officer and director roles.

The company also highlighted related-party matters: White is President of 2752128 Ontario Ltd., which holds a 10% convertible promissory note issued by the company on December 31, 2025 with an original principal of US$163,888.08. As of September 21, 2026, US$163,888.08 of principal remained outstanding with accrued interest of US$11,853.82. A prior consulting arrangement with 2752128 Ontario Ltd. was terminated effective April 30, 2026, and all vested and unvested stock option rights under that arrangement have been relinquished.

Positive

  • None.

Negative

  • None.
Item 1.01 Entry into a Material Definitive Agreement Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Board size after change 3 directors Board of Rainmaker Worldwide Inc. as of September 21, 2026
Convertible note interest rate 10% Interest rate on convertible promissory note issued to 2752128 Ontario Ltd.
Convertible note principal US$163,888.08 Original principal of 10% convertible promissory note issued December 31, 2025
Principal outstanding US$163,888.08 Principal remaining outstanding as of September 21, 2026
Accrued interest outstanding US$11,853.82 Accrued interest on the 10% convertible promissory note as of September 21, 2026
Kelly White age 59 Age of Kelly White at time of appointment on September 21, 2026
Finance and administration experience More than 25 years Kelly White’s experience in finance, administration and human resources
Principal Financial Officer financial
"appointed Ms. White as Treasurer of the Company and designated her as the Company’s Principal Financial Officer"
The principal financial officer is the senior executive who runs a company's financial operations: preparing and certifying financial reports, managing accounting controls, budgets and cash flow, and advising on financial strategy. Investors care about this role because its competence affects how trustworthy the company’s numbers are, how well it manages risk and capital needs, and the credibility of forecasts—like the chief navigator steering a firm's financial course.
Principal Accounting Officer financial
"designated her as the Company’s Principal Financial Officer and Principal Accounting Officer for SEC reporting purposes"
The Principal Accounting Officer is the person responsible for making sure a company's financial records are accurate and follow the rules. They play a key role in preparing financial reports that show how well the company is doing. This helps investors, managers, and regulators trust the company's financial information.
convertible promissory note financial
"the Company issued a 10% convertible promissory note to 2752128 Ontario Ltd."
A convertible promissory note is a loan a company takes now that can later be turned into shares instead of being repaid in cash. Think of it as lending money with the option to accept ownership in the business down the road; that matters to investors because it affects who gets paid first, how much ownership existing shareholders keep, and the company’s future valuation and cash needs. Terms such as conversion price, interest and maturity determine the financial impact.
emerging growth company regulatory
"Emerging growth company Item 5.02 Departure of Directors or Certain Officers"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What board changes did Rainmaker Worldwide Inc. (RAKR) announce on September 21, 2026?

The Board of Rainmaker Worldwide Inc. increased from two to three members and appointed Kelly White as a director, joining Michael A. Skinner and Ryan D. Moore as of September 21, 2026.

What new executive roles did Kelly White assume at Rainmaker Worldwide Inc. (RAKR)?

Effective September 21, 2026, Kelly White was appointed Treasurer and designated as Principal Financial Officer and Principal Accounting Officer of Rainmaker Worldwide Inc. for SEC reporting purposes.

Did Rainmaker Worldwide Inc. (RAKR) set separate compensation for Kelly White’s new roles?

No. Rainmaker Worldwide Inc. stated that no separate compensation has been established for Kelly White’s service as a director, Treasurer, Principal Financial Officer or Principal Accounting Officer.

What happened to the consulting arrangement and stock options for 2752128 Ontario Ltd. with Rainmaker Worldwide Inc. (RAKR)?

The consulting arrangement with 2752128 Ontario Ltd. was terminated effective April 30, 2026. In connection with the termination, the unvested stock options were forfeited and the vested portion was voluntarily surrendered, leaving no further rights under the award.

Are there any family or selection arrangements involving Kelly White at Rainmaker Worldwide Inc. (RAKR)?

The company stated there are no arrangements or understandings with any other person under which Kelly White was selected as a director and no family relationships between her and any director or executive officer.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): September 21, 2026

 

RAINMAKER WORLDWIDE INC.

(Exact name of registrant as specified in its charter)

 

Nevada   000-56311   82-4346844

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

2510 East Sunset Road, Suite 5 #925 Las Vegas, Nevada   89120
(Address of principal executive offices)   (Zip Code)

 

Registrant’s telephone number, including area code: (702) 608-1990

 

Not Applicable

(Former name or former address, if changed since last report.)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Ticker symbol(s)   Name of each exchange on which registered
N/A   N/A   N/A

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 

 

 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

Effective September 21, 2026, the Board of Directors (the “Board”) of Rainmaker Worldwide Inc. (the “Company”) increased the size of the Board from two to three members and appointed Kelly White as a director of the Company. Following the appointment, the Board consists of Michael A. Skinner, Ryan D. Moore and Kelly White.

 

Also effective September 21, 2026, the Board appointed Ms. White as Treasurer of the Company and designated her as the Company’s Principal Financial Officer and Principal Accounting Officer for SEC reporting purposes. Concurrently, Michael A. Skinner ceased serving as Treasurer and continues to serve as President and Principal Executive Officer of the Company. Ryan D. Moore continues to serve as Secretary.

 

Ms. White’s service as Treasurer, Principal Financial Officer and Principal Accounting Officer is separate from any consulting or services arrangement involving Ms. White or 2752128 Ontario Ltd. No separate compensation has been established for Ms. White’s service as a director, Treasurer, Principal Financial Officer or Principal Accounting Officer.

 

Ms. White, age 59, has provided finance, accounting, financial reporting and corporate-administration services to the Company since 2015, including serving in the role of Vice President, Finance. She has more than 25 years of experience in finance, administration and human resources, including experience managing startup businesses and providing advisory and consulting services in the telecommunications, utilities and water sectors. Ms. White holds a Bachelor of Science degree in Mathematics and Economics from Trent University and is President of 2752128 Ontario Ltd.

 

There are no arrangements or understandings between Ms. White and any other person pursuant to which she was selected as a director. Ms. White has not been appointed to any committee of the Board, and there are no family relationships between Ms. White and any director or executive officer of the Company.

 

Related-Party Matters

 

Ms. White is President of 2752128 Ontario Ltd. On December 31, 2025, the Company issued a 10% convertible promissory note to 2752128 Ontario Ltd. in the original principal amount of US$163,888.08. As of September 21, 2026, US$163,888.08 of principal remained outstanding, together with accrued interest of US$11,853.82.

 

The Company has previously disclosed other transactions and arrangements involving Ms. White and/or 2752128 Ontario Ltd., including the consulting arrangement described under Item 1.01 of the Company’s Current Report on Form 8-K filed on January 5, 2026 and the stock option grant described under Item 5.02(e) of the Company’s Current Report on Form 8-K filed on January 15, 2026. The consulting arrangement was subsequently terminated effective April 30, 2026. In connection with the termination of service, the unvested portion of the stock option award was forfeited and the vested portion was voluntarily surrendered, in each case effective April 30, 2026, leaving 2752128 Ontario Ltd. with no further rights under the award. The disclosures in those reports concerning such arrangements are incorporated herein by reference.

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.

 

  RAINMAKER WORLDWIDE INC.
   
Dated: September 21, 2026 By: /s/ Michael Skinner
  Name: Michael Skinner
  Title: President, Director and Principal Executive Officer

 

 

 

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