Rainmaker director reports 8.4M convertible shares
Form 3 discloses director and ten percent owner Ryan Dennis Moore’s direct and indirect common and preferred share positions in RAKR.
Rhea-AI Filing Summary
Rainmaker Worldwide Inc. (RAKR) reported the initial ownership of director and ten percent owner Ryan Dennis Moore. He indirectly holds Series A Preferred Stock convertible into 8,400,000 shares of Common Stock through 1001336241 Ontario Incorporated and an additional indirect position convertible into 1,517,933 shares of Common Stock through Viva Industries Inc., all at a conversion price of $0.015 per share and with no stated expiration. Moore also holds 418,703 Common shares directly, plus indirect Common share holdings of 1,326,124 via 1001336241 Ontario Incorporated and 3,907,990 via Viva Industries Inc.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Moore Ryan Dennis
Role
Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | SERIES A PREFERRED STOCK F5, F3 | -- | -- | -- |
| holding | SERIES A PREFERRED STOCK F5, F4 | -- | -- | -- |
| holding | COMMON STOCK | -- | -- | -- |
| holding | COMMON STOCK F1 | -- | -- | -- |
| holding | COMMON STOCK F2 | -- | -- | -- |
Holdings After Transaction:
SERIES A PREFERRED STOCK — 8,400,000 contracts (Indirect, By 1001336241 Ontario Incorporated);
SERIES A PREFERRED STOCK — 1,517,933 contracts (Indirect, By Viva Industries Inc.);
COMMON STOCK — 418,703 shares (Direct);
COMMON STOCK — 1,326,124 shares (Indirect, By 1001336241 Ontario Incorporated);
COMMON STOCK — 3,907,990 shares (Indirect, By Viva Industries Inc.)
Footnotes (5)
- F1. The Reporting Person is the sole owner of 1001336241 Ontario Incorporated and has sole voting and investment power over the securities held by it.
- F2. Represents the Reporting Person's 50% pecuniary interest in the shares of Common Stock held by Viva Industries Inc. The Reporting Person owns 50% of Viva Industries Inc. and shares voting and investment power over the securities held by Viva Industries Inc.
- F3. The Reporting Person is the sole owner of 1001336241 Ontario Incorporated and has sole voting and investment power over the securities held by it. The amount reported represents the Reporting Person's indirect beneficial ownership of 126,000 shares of Series A Preferred Stock, convertible into 8,400,000 shares of Common Stock at a conversion price of $0.015 per share.
- F4. Represents the Reporting Person's 50% pecuniary interest in the Series A Preferred Stock held by Viva Industries Inc. The Reporting Person owns 50% of Viva Industries Inc. and shares voting and investment power over the securities held by Viva Industries Inc.
- F5. The Series A Preferred Stock is immediately convertible into Common Stock at the option of the holder, subject to the terms and conditions of the Certificate of Designation. The Series A Preferred Stock has no stated expiration date. Accordingly, no expiration date is applicable.
Key Figures
Convertible underlying shares via 1001336241 Ontario Incorporated: 8,400,000 shares of Common Stock
Convertible underlying shares via Viva Industries Inc.: 1,517,933 shares of Common Stock
Conversion price of Series A Preferred Stock: $0.015 per share
+4 more
7 metrics
Convertible underlying shares via 1001336241 Ontario Incorporated
8,400,000 shares of Common Stock
Underlying the Series A Preferred Stock at a $0.015 conversion price
Convertible underlying shares via Viva Industries Inc.
1,517,933 shares of Common Stock
Underlying the Series A Preferred Stock at a $0.015 conversion price
Conversion price of Series A Preferred Stock
$0.015 per share
Price at which Series A Preferred Stock converts into Common Stock
Direct Common Stock holdings
418,703 shares
Common Stock directly owned by Ryan Dennis Moore
Indirect Common Stock via 1001336241 Ontario Incorporated
1,326,124 shares
Common Stock held through 1001336241 Ontario Incorporated
Indirect Common Stock via Viva Industries Inc.
3,907,990 shares
Common Stock held through Viva Industries Inc.
Pecuniary interest in Viva Industries Inc.
50%
Moore’s pecuniary interest and shared voting and investment power
Key Terms
Series A Preferred Stock, pecuniary interest, indirect beneficial ownership, Certificate of Designation, +1 more
5 terms
Series A Preferred Stock financial
"The amount reported represents the Reporting Person's indirect beneficial ownership of 126,000 shares of Series A Preferred Stock"
Series A preferred stock is a type of ownership share in a company that gives investors certain advantages, such as priority in receiving profits or getting their money back if the company is sold or goes bankrupt. It is often issued during early funding stages to attract investors by offering more security than common shares. This stock matters to investors because it provides a safer way to invest while still holding potential for future gains.
pecuniary interest financial
"Represents the Reporting Person's 50% pecuniary interest in the shares of Common Stock"
indirect beneficial ownership financial
"represents the Reporting Person's indirect beneficial ownership of 126,000 shares"
Certificate of Designation regulatory
"subject to the terms and conditions of the Certificate of Designation"
A certificate of designation is a formal document that spells out the specific rights and rules attached to a particular class or series of stock, usually preferred shares. Think of it as a rulebook or menu that lists dividend terms, liquidation priority, conversion or redemption rights and any special voting protections; investors use it to judge how much income, control or downside protection those shares will provide compared with other securities.
voting and investment power financial
"has sole voting and investment power over the securities held by it"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 3 filing disclose about RAKR insider Ryan Dennis Moore?
It discloses that Ryan Dennis Moore is a director and ten percent owner of Rainmaker Worldwide Inc., reporting his direct and indirect holdings in Common Stock and Series A Preferred Stock that is convertible into Common Stock.
Does the RAKR Series A Preferred Stock have an expiration date?
No. The filing states the Series A Preferred Stock is immediately convertible into Common Stock at the holder’s option and that it has no stated expiration date under its Certificate of Designation.
AI-generated analysis. How Rhea-AI works. Not financial advice.
