Rainmaker Worldwide (RAKR) issues Series A preferred to MAS Capital
Rhea-AI Filing Summary
Rainmaker Worldwide Inc. reported that on January 12, 2026 it issued 35,469 shares of its Series A Preferred Stock to MAS Capital Investments Inc. at
The shares were issued as a private placement under a Section 4(a)(2) exemption, with the investor representing accredited status and an investment purpose. The Series A Preferred Shares are convertible into common stock under an existing Certificate of Designation, and immediately after this issuance the company had 241,007 Series A Preferred Shares outstanding. The investor is described as not being a related party of the company.
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FAQ
What did Rainmaker Worldwide Inc. (RAKR) disclose in this Form 8-K?
Rainmaker Worldwide Inc. disclosed that it issued 35,469 shares of its Series A Preferred Stock to MAS Capital Investments Inc. in a private transaction dated January 12, 2026.
How many Series A Preferred shares did Rainmaker Worldwide (RAKR) issue and at what price?
The company issued 35,469 Series A Preferred Shares at a purchase price of
How was the $35,469 consideration for Rainmaker Worldwide’s preferred shares structured?
The consideration consisted of
Is MAS Capital Investments Inc. a related party to Rainmaker Worldwide (RAKR)?
No. The disclosure states that MAS Capital Investments Inc., the investor receiving the Series A Preferred Shares, is not a related party of the company.
Under what exemption were Rainmaker Worldwide’s Series A Preferred Shares issued?
The Series A Preferred Shares were issued in reliance on the exemption from registration provided by Section 4(a)(2) of the Securities Act of 1933 in a transaction not involving any public offering.
How many Series A Preferred shares are outstanding after this transaction for Rainmaker Worldwide?
Immediately following this issuance, Rainmaker Worldwide Inc. had 241,007 shares of Series A Preferred Stock outstanding.
Are Rainmaker Worldwide’s Series A Preferred Shares convertible into common stock?
Yes. The Series A Preferred Shares are convertible into shares of the company’s common stock in accordance with the terms of the existing Certificate of Designation for Series A Preferred Stock.