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Rainmaker Worldwide ex-CEO sells 8.25M shares

Larchwood’s note bears 10% simple interest per annum, matures December 31, 2026, and has a fixed conversion price of US$0.027 per share.

(Moderate)

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Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

Rainmaker Worldwide Inc. (RAKR) disclosed that former CEO and director Michael John O’Connor sold 8,250,000 common shares in three private transactions: 1,000,000 to Leopoldo Morones Fonseca at US$0.03 per share on September 29, 2026; 3,750,000 to Terry Planton at US$0.0125 per share that day; and 3,500,000 to Frontrunner at US$0.005 per share on October 7, 2026. No broker was involved.

As of October 8, 2026, O’Connor beneficially owned 8,097,856 shares, or approximately 8.0% of the class, including 2,357,102 shares held directly, 5,476,754 shares issuable upon conversion of Larchwood Management Partners Inc.’s note, and 264,000 shares issuable under his option. Larchwood reported 5,476,754 beneficially owned shares, or approximately 5.5%; these shares are also included in O’Connor’s total. The note’s fixed conversion price is US$0.027 per share.

Filing Explained

The filing attributes 5,476,754 potential shares to Larchwood’s note, convertible at $0.027 per share on principal and accrued interest before December 31, 2026; no shareholder rights attach until conversion, which would dilute existing holders.

O’Connor beneficial ownership 8,097,856 shares; approximately 8.0% of the class As of October 8, 2026
Shares sold to Leopoldo Morones Fonseca 1,000,000 shares at US$0.03 per share; US$30,000 aggregate consideration September 29, 2026 private sale
Shares sold to Terry Planton 3,750,000 shares at US$0.0125 per share; US$46,875 aggregate consideration September 29, 2026 private sale
Shares sold to Frontrunner 3,500,000 shares at US$0.005 per share; US$17,500 aggregate consideration October 7, 2026 private sale
Convertible note outstanding principal US$137,301.99 As of October 8, 2026
Convertible note accrued interest US$10,570.37 As of October 8, 2026
Convertible note interest rate 10% per annum Simple interest
Convertible note conversion price US$0.027 per share Fixed conversion price
beneficially own regulatory
"may be deemed to beneficially own 8,097,856 shares of Common Stock"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
Rule 13d-3(d)(1) regulatory
"pursuant to Rule 13d-3(d)(1)"
Convertible Promissory Note financial
"holder of a Convertible Promissory Note issued by Rainmaker Worldwide Inc."
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.
sole dispositive power regulatory
"has sole voting power and sole dispositive power over 8,097,856 shares"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
simple interest financial
"bears simple interest at 10% per annum"
Simple interest is a way of calculating interest where payments are based only on the original amount lent or invested, not on interest that accumulates over time. Think of it like getting a fixed tip each period on the initial bill rather than earning interest on the tip itself; it keeps returns predictable and makes it easy for investors and borrowers to compare total interest cost or income over a set term.

FAQ

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

What RAKR shares did former CEO Michael John O’Connor sell?

O’Connor sold 1,000,000 shares to Leopoldo Morones Fonseca at US$0.03 per share on September 29, 2026; 3,750,000 shares to Terry Planton at US$0.0125 per share that day; and 3,500,000 shares to Frontrunner at US$0.005 per share on October 7, 2026. The transactions were private sales, and no broker was involved.

How many RAKR shares did Michael John O’Connor beneficially own?

As of October 8, 2026, O’Connor beneficially owned 8,097,856 shares, or approximately 8.0% of the class. That amount includes 2,357,102 shares held directly, 5,476,754 shares issuable upon conversion of Larchwood Management Partners Inc.’s note, and 264,000 shares issuable under his option.

What are the terms of Larchwood’s RAKR convertible note?

The note has US$137,301.99 in outstanding principal and bears simple interest at 10% per annum. It matures December 31, 2026, and permits conversion of outstanding principal and accrued interest into common stock at a fixed conversion price of US$0.027 per share. As of October 8, 2026, accrued interest was US$10,570.37.

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

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Learn about SEC filing dates





75088P200

(CUSIP Number)
Michael John O'Connor
2510 East Sunset Road, Suite 5 #925,
Las Vegas, NV, 89120
(702) 608-1990

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
09/29/2026

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




schemaVersion:


SCHEDULE 13D




Comment for Type of Reporting Person:
Includes 2,357,102 shares of Common Stock held directly, 5,476,754 shares issuable upon conversion of Larchwood Management Partners Inc.'s convertible promissory note as of October 8, 2026, and 264,000 shares issuable upon exercise of Mr. O'Connor's fully vested January 8, 2024 stock option. Mr. O'Connor is the sole officer and director of Larchwood and has full control over Larchwood, including the power to direct the voting and disposition of its securities.


SCHEDULE 13D




Comment for Type of Reporting Person:
Beneficial ownership reflects 5,476,754 shares issuable upon conversion of the December 31, 2025 convertible promissory note as of October 8, 2026, consisting of 5,085,259 shares attributable to principal of US$137,301.99 and 391,495 shares attributable to accrued interest of US$10,570.37.


SCHEDULE 13D


Michael John O'Connor
Signature:/s/ Michael John O'Connor
Name/Title:Michael John O'Connor
Date:10/08/2026
Larchwood Management Partners Inc.
Signature:/s/ Michael John O'Connor
Name/Title:Michael John O'Connor, President
Date:10/08/2026

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