Rainmaker director resigns, board cut to one
Rainmaker Worldwide Inc. reported that board member James Ross resigned from its Board of Directors for personal reasons, effective April 22, 2026.
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Form Type
8-K
Rhea-AI Filing Summary
Rainmaker Worldwide Inc. reported that board member James Ross resigned from its Board of Directors for personal reasons, effective April 22, 2026. The company stated that his resignation did not result from any disagreement regarding operations, policies, or practices.
The company does not plan to appoint a replacement director, so the Board has been reduced from two directors to one. The 8-K was signed by Michael O’Connor, who serves as President, Chief Executive Officer and Interim Chief Financial Officer.
8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
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.
Key Figures
Effective resignation date: April 22, 2026
Board size before resignation: 2 directors
Board size after resignation: 1 director
+1 more
4 metrics
Effective resignation date
April 22, 2026
James Ross resignation from Board of Directors
Board size before resignation
2 directors
Prior to James Ross’s resignation
Board size after resignation
1 director
After James Ross’s departure with no replacement
Filing signatory roles
President, CEO, Interim CFO
Positions held by Michael O’Connor signing the report
Key Terms
Board of Directors, Emerging growth company, Item 5.02, Securities Exchange Act of 1934, +1 more
5 terms
Board of Directors financial
"James Ross, a member of the Board of Directors of Rainmaker Worldwide Inc."
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
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.
Item 5.02 regulatory
"Item 5.02 Departure of Directors or Certain Officers; Election of Directors"
Securities Exchange Act of 1934 regulatory
"Pursuant to the requirements of the Securities Exchange Act of 1934"
principal executive offices financial
"(Address of principal executive offices)"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Rainmaker Worldwide Inc. (RAKR) disclose in this 8-K filing?
Rainmaker Worldwide Inc. disclosed that director James Ross resigned from its Board of Directors effective April 22, 2026. The company also noted it will not appoint a replacement director, leaving the Board with one member and reducing its size from two directors to one.
Why did James Ross resign from Rainmaker Worldwide Inc. (RAKR)'s board?
James Ross resigned from the Board of Directors of Rainmaker Worldwide Inc. for personal reasons. The company specifically stated that his resignation was not due to any disagreement regarding the company’s operations, policies, or practices, emphasizing it was not related to internal disputes.
How does James Ross’s resignation affect Rainmaker Worldwide Inc. (RAKR)'s board size?
Following James Ross’s resignation, Rainmaker Worldwide Inc.’s Board of Directors was reduced from two directors to one. The company indicated it does not intend to appoint a replacement director at this time, leaving a single director to oversee board responsibilities.
Did Rainmaker Worldwide Inc. (RAKR) report any disagreements with James Ross?
Rainmaker Worldwide Inc. explicitly stated that James Ross’s resignation from the Board of Directors was not the result of any disagreement. This includes no disagreement on matters related to the company’s operations, policies, or practices, according to the company’s disclosure.
Who signed Rainmaker Worldwide Inc. (RAKR)'s 8-K reporting the board resignation?
The 8-K reporting James Ross’s resignation was signed by Michael O’Connor on behalf of Rainmaker Worldwide Inc. He is identified in the filing as the company’s President, Chief Executive Officer and Interim Chief Financial Officer, combining multiple executive roles.
When did James Ross’s resignation from Rainmaker Worldwide Inc. (RAKR) become effective?
James Ross’s resignation from the Board of Directors of Rainmaker Worldwide Inc. became effective on April 22, 2026. He notified the company of his intention to resign on the same date, and the company’s disclosure reflects that effective resignation date clearly.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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